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M.Com. (Advance Accountancy) Links
Courses Outcome
M.Com. Advanced Accountancy Sem-I (NEP 2020) ❯
| Class | Course | Outcomes (Students will be able to) |
|---|---|---|
| M.Com.-I Sem I Major |
Advanced Cost & Management Accounting |
CO1: Apply marginal and absorption costing for break-even analysis and managerial decision-making. CO2: Use standard costing to compute variances and support cost control and performance evaluation. CO3: Prepare and analyze different types of budgets for effective planning and control. CO4: Determine operating costs and prepare cost statements for service industries like hospitals, hotels, and transport. |
| M.Com.-I Sem I Mandatory |
Direct & Indirect Taxation |
CO1: Understand key income tax concepts including definitions, basis of charge, residential status, and scope of total income. CO2: Compute income under various heads such as salary, house property, business/profession, capital gains, and other sources. CO3: Apply deductions under Section 80 and identify exempt incomes to determine taxable income accurately. CO4: Compute total income and tax liability of individuals, firms, and companies, and understand the provisions related to filing income tax returns. |
| M.Com.-I Sem I Mandatory |
Advance Financial Accounting |
CO1: Prepare and interpret final accounts of banking companies in accordance with statutory requirements and NPA provisioning norms. CO2: Apply relevant accounting standards for foreign currency transactions and prepare accounts for foreign branches. CO3: Prepare final accounts of life and general insurance companies as per the Insurance Act and IRDA regulations. CO4: Understand and prepare statutory financial statements of co-operative societies as per the Maharashtra Co-operative Societies Act and Rules. |
| M.Com.-I Sem I Mandatory |
Advance Trends in Accounting |
CO1: Understand and operate Tally ERP 9, including company creation, configuration, and basic accounting principles. CO2: Navigate the Tally interface and apply features like F11 and F12 for setting up accounts and managing company data securely. CO3: Create and manage accounting vouchers, ledgers, purchase orders, and sales orders using Tally ERP 9. CO4: Record debit/credit notes and prepare bank reconciliation statements for accurate financial reporting. |
| M.Com.-I Sem I Mandatory |
Fundamental Analysis for corporate |
CO1: Understand key macroeconomic indicators such as GDP, inflation, interest rates, exchange rates, and their impact on financial markets. CO2: Analyze industries using tools like the Porter Five Forces model and apply concepts through industry case studies. CO3: Evaluate company performance using financial statements and key ratios such as EPS, P/E ratio, debt-equity ratio, and DCF models. CO4: Differentiate between fundamental and technical analysis and understand the role of portfolio management in wealth creation. |
| M.Com.-I Sem I RM |
Research methodology |
CO1: Research methodology in commerce and management subject will provide the students objectivity through subject in systematic manner CO2: Research methodology in commerce and management subject will teach students to adopt ethical standards, defining purpose of research, revealing limitations of research frankly, analysing collected data accurately , correctly and authentically , presenting findings unambiguously and giving unbiased conclusions |
M.Com. Advanced Accountancy Sem-II (NEP 2020) ❯
| Class | Course | Outcomes (Students will be able to) |
|---|---|---|
| M.Com.-I Sem II Mandatory |
Advance Cost Accounting |
CO1. Learners will be able to understand process costing and techniques applied in industry CO2. Learners will be able to identify various cost allocation methods and apply ABC method of costing system CO3. Learners will be able to define responsibility center and evaluate performance of company CO4. Learners will be able to under different techniques used in strategic cost management |
| M.Com.-I Sem II Mandatory |
Corporate Finance |
CO1. The learners will be able to identify the scope of financial management in practice. CO2. The learners will be able to conceptualize the concept of valuation of securities. CO3. The learners will be able to explain the concepts of financial accounting in general. CO4. The learners will be able to identify and undertake various managerial decisions required in day-to-day |
| M.Com.-I Sem II Mandatory |
Direct and Indirect Taxation (GST) |
CO1. Learners will get an overview of GST, its need and applicability in India and Learners will understand the concept like Scope of Supply, Non-taxable Supply, Composition Scheme etc. CO2. Learners will understand in detail about Time, Place and Value of Supply for computation of GST CO3. Learners will have be able to calculate ITC, manner of utilization, assessment of tax liability and payment of GST CO4. Learners will understand the provisions of GST registration, its procedure, documents needed for registration, cancellation of registration, deemed registration. |
| M.Com.-I Sem II Mandatory |
Advance Trends in Accounting -II |
Course outcomes: CO1. Learners will be able to prepare Financial report and do its analysis. CO2. Learners will be able to activate GST masters in Tally and set up GST rate, Update Party GSTIN and updating GST in service ledgers. |
| M.Com.-I Sem II Elective |
Accounting for Housing Societies and Charitable Trust |
CO1. To define and prepare financial statements as per Maharashtra State Cooperative Societies Act CO2. To understand and apply auditing techniques in co- operative sector. CO3. To understand concept of charitable trust and differentiate income exempted CO4. To understand the accounting process of accounting of charitable trusts |
| M.Com.-I Sem II OJT |
On Job Training |
CO1: Apply theoretical accounting and finance concepts in real workplace situations. CO2: Develop practical skills in bookkeeping, financial reporting, taxation, auditing, or related business operations. CO3: Enhance professional competencies such as communication, teamwork, problem-solving, and time management. CO4: Gain hands-on industry exposure and understand real-world organizational processes and compliance requirements. |
M.Com. Advanced Accountancy Sem-III (NEP 2020) ❯
| Class | Course | Outcomes (Students will be able to) |
|---|---|---|
| M.Com.-II Sem III Mandatory |
Corporate Financial Accounting |
CO1: Understand and apply advanced accounting principles relevant to corporate entities. CO2: Prepare and analyze financial statements of companies in compliance with legal and regulatory requirements. CO3: Evaluate corporate restructuring transactions such as amalgamation, absorption, consolidation, and internal reconstruction. CO4: Interpret corporate financial information for decision-making, reporting, and performance assessment. |
| M.Com.-II Sem III Mandatory |
Advance Auditing |
CO1: Understand advanced auditing principles, standards, and procedures applicable to different types of organizations. CO2: Apply audit techniques to examine internal controls, verify financial information, and evaluate the reliability of financial statements. CO3: Identify and assess audit risks, detect errors and frauds, and ensure compliance with auditing and regulatory requirements. CO4: Prepare audit reports and develop professional judgment needed for effective audit decision-making. |
| M.Com.-II Sem III Mandatory |
Financial Services |
CO1: Understand the structure, role, and significance of financial services in the Indian financial system. CO2: Explain the functioning of key financial services such as merchant banking, leasing, hire purchase, mutual funds, and credit rating. CO3: Analyze emerging financial services and innovations in financial markets, including digital and technology-driven services. CO4: Evaluate the regulatory framework governing financial services and assess their relevance for corporate financing and investment decisions. |
| M.Com.-II Sem III Mandatory |
Advanced Trends in Accounting |
CO1:
Understand emerging trends and modern developments in accounting practices and technologies. CO2: Apply advanced accounting tools and software for recording, analyzing, and reporting financial information. CO3: Evaluate the impact of digitalization, automation, and data analytics on contemporary accounting systems. CO4: Develop practical competencies to adapt to evolving accounting standards and industry requirements. |
| M.Com.-II Sem III Elective |
Accounting & Taxation of E-Commerce Industries |
CO1:
Understand the accounting framework and digital transaction flow specific to e-commerce businesses. CO2: Apply appropriate methods for recording online sales, payment gateway settlements, returns, and inventory management in e-commerce operations. CO3: Explain GST provisions, TDS/TCS rules, and other taxation requirements applicable to e-commerce platforms and sellers. CO4: Evaluate compliance procedures and prepare necessary accounting and tax reports for e-commerce entities. |
| M.Com.-II Sem III RP |
Research Project |
CO1:
Identify a relevant research problem and formulate clear research objectives and methodology. CO2: Collect, analyze, and interpret data using appropriate research tools and analytical techniques. CO3: Prepare a structured research report demonstrating critical thinking, academic writing, and presentation skills. CO4: Apply research findings to provide practical insights or solutions related to accounting, finance, or business practices. |
M.Com. Advanced Accountancy Sem-IV (NEP 2020) ❯
| Class | Course | Outcomes (Students will be able to) |
|---|---|---|
| M.Com.-II Sem IV Mandatory |
Advance Financial Management |
CO1: Calculate investment viability using techniques like NPV, IRR, and Payback Period. CO2: Apply various techniques to investment scenarios and select the projects. CO3: Demonstrate the use of capital budgeting techniques in international market. CO4: Solve practical problems related to bilateral and multilateral netting in multinational cash flow operations. |
| M.Com.-II Sem IV Mandatory |
International Financial Reporting Standards |
CO1: Explain, summarize and identify the principles for recognizing and measuring elements in financial statements. CO2: Apply the conceptual framework to identify financial elements and implement disclosure principles while solving case studies. CO3: Evaluate accounting policies for their compliance with Ind AS and IFRS standards using case study method. CO4: Prepare comprehensive financial statements, including SOFP, SOPL, SOCE, and SOCF, adhering to Ind AS and IAS standards. |
| M.Com.-II Sem IV Mandatory |
Personal Financial Planning |
CO1: Evaluate financing options for major purchases, including housing and vehicles, based on affordability. CO2: Evaluate and Design appropriate insurance plans for specific financial goals and risks. CO3: Evaluate retirement needs and create comprehensive retirement plans. CO4: Create and evaluate an optimized investment portfolio based on individual goals. |
| M.Com.-II Sem IV Elective |
Forex (Foreign Exchange Rate Management and Derivatives) |
CO1: To compare and contrast various terminologies and types of forex markets. CO2: To solve practical problems related to cross-currency quotes, forward premiums/discounts, and interest rate arbitrage. CO3: To explain the attributes, significance, and economic purposes of financial indices. CO4: To analyze major indices in India (e.g., Nifty 50, Sensex, Nifty Bank) and their sectoral impacts. |
| M.Com.-II Sem IV RP |
Research Project |
CO1: Identify a relevant research problem and formulate clear research objectives and methodology. CO2: Collect, analyze, and interpret data using appropriate research tools and analytical techniques. CO3: Prepare a structured research report demonstrating critical thinking, academic writing, and presentation skills. CO4: Apply research findings to provide practical insights or solutions related to accounting, finance, or business practices. |
M.Com. Advanced Accountancy Sem-I (NEP 2020) ❯
Major
Advanced Cost & Management Accounting
M.Com.-I Sem I
- CO1: Apply marginal and absorption costing for break-even analysis and managerial decision-making.
- CO2: Use standard costing to compute variances and support cost control and performance evaluation.
- CO3: Prepare and analyze different types of budgets for effective planning and control.
- CO4: Determine operating costs and prepare cost statements for service industries like hospitals, hotels, and transport.
Mandatory
Direct & Indirect Taxation
M.Com.-I Sem I
- CO1: Understand key income tax concepts including definitions, basis of charge, residential status, and scope of total income.
- CO2: Compute income under various heads such as salary, house property, business/profession, capital gains, and other sources.
- CO3: Apply deductions under Section 80 and identify exempt incomes to determine taxable income accurately.
- CO4: Compute total income and tax liability of individuals, firms, and companies, and understand the provisions related to filing income tax returns.
Mandatory
Advance Financial Accounting
M.Com.-I Sem I
- CO1: Prepare and interpret final accounts of banking companies in accordance with statutory requirements and NPA provisioning norms.
- CO2: Apply relevant accounting standards for foreign currency transactions and prepare accounts for foreign branches.
- CO3: Prepare final accounts of life and general insurance companies as per the Insurance Act and IRDA regulations.
- CO4: Understand and prepare statutory financial statements of co-operative societies as per the Maharashtra Co-operative Societies Act and Rules.
Mandatory
Advance Trends in Accounting
M.Com.-I Sem I
- CO1: Understand and operate Tally ERP 9, including company creation, configuration, and basic accounting principles.
- CO2: Navigate the Tally interface and apply features like F11 and F12 for setting up accounts and managing company data securely.
- CO3: Create and manage accounting vouchers, ledgers, purchase orders, and sales orders using Tally ERP 9.
- CO4: Record debit/credit notes and prepare bank reconciliation statements for accurate financial reporting.
Mandatory
Fundamental Analysis for corporate
M.Com.-I Sem I
- CO1: Understand key macroeconomic indicators such as GDP, inflation, interest rates, exchange rates, and their impact on financial markets.
- CO2: Analyze industries using tools like the Porter Five Forces model and apply concepts through industry case studies.
- CO3: Evaluate company performance using financial statements and key ratios such as EPS, P/E ratio, debt-equity ratio, and DCF models.
- CO4: Differentiate between fundamental and technical analysis and understand the role of portfolio management in wealth creation.
RM
Research methodology
M.Com.-I Sem I
- CO1: Research methodology in commerce and management subject will provide the students objectivity through subject in systematic manner
- CO2: Research methodology in commerce and management subject will teach students to adopt ethical standards, defining purpose of research, revealing limitations of research frankly, analysing collected data accurately , correctly and authentically , presenting findings unambiguously and giving unbiased conclusions
M.Com. Advanced Accountancy Sem-II (NEP 2020) ❯
Mandatory
Advance Cost Accounting
M.Com.-I Sem II
- CO1. Learners will be able to understand process costing and techniques applied in industry
- CO2. Learners will be able to identify various cost allocation methods and apply ABC method of costing system
- CO3. Learners will be able to define responsibility center and evaluate performance of company
- CO4. Learners will be able to under different techniques used in strategic cost management
Mandatory
Corporate Finance
M.Com.-I Sem II
- CO1. The learners will be able to identify the scope of financial management in practice.
- CO2. The learners will be able to conceptualize the concept of valuation of securities.
- CO3. The learners will be able to explain the concepts of financial accounting in general.
- CO4. The learners will be able to identify and undertake various managerial decisions required in day-to-day
Mandatory
Direct and Indirect Taxation (GST)
M.Com.-I Sem II
- CO1. Learners will get an overview of GST, its need and applicability in India and Learners will understand the concept like Scope of Supply, Non-taxable Supply, Composition Scheme etc.
- CO2. Learners will understand in detail about Time, Place and Value of Supply for computation of GST
- CO3. Learners will have be able to calculate ITC, manner of utilization, assessment of tax liability and payment of GST
- CO4. Learners will understand the provisions of GST registration, its procedure, documents needed for registration, cancellation of registration, deemed registration.
Mandatory
Advance Trends in Accounting -II
M.Com.-I Sem II
- CO1: Learners will be able to prepare Financial report and do its analysis.
- CO2: Learners will be able to activate GST masters in Tally and set up GST rate, Update Party GSTIN and updating GST in service ledgers.
Elective
Accounting for Housing Societies and Charitable Trust
M.Com.-I Sem II
- CO1: To define and prepare financial statements as per Maharashtra State Cooperative Societies Act
- CO2: To understand and apply auditing techniques in co- operative sector.
- CO3: To understand concept of charitable trust and differentiate income exempted
- CO4: To understand the accounting process of accounting of charitable trusts
OJT
On Job Training
M.Com.-I Sem II
- CO1: Apply theoretical accounting and finance concepts in real workplace situations.
- CO2: Develop practical skills in bookkeeping, financial reporting, taxation, auditing, or related business operations.
- CO3: Enhance professional competencies such as communication, teamwork, problem-solving, and time management.
- CO4: Gain hands-on industry exposure and understand real-world organizational processes and compliance requirements.
M.Com. Advanced Accountancy Sem-III (NEP 2020) ❯
Mandatory
Corporate Financial Accounting
M.Com.-II Sem III
- CO1: Understand and apply advanced accounting principles relevant to corporate entities.
- CO2: Prepare and analyze financial statements of companies in compliance with legal and regulatory requirements.
- CO3: Evaluate corporate restructuring transactions such as amalgamation, absorption, consolidation, and internal reconstruction.
- CO4: Interpret corporate financial information for decision-making, reporting, and performance assessment.
Mandatory
Advance Auditing
M.Com.-II Sem III
- CO1: Understand advanced auditing principles, standards, and procedures applicable to different types of organizations.
- CO2: Apply audit techniques to examine internal controls, verify financial information, and evaluate the reliability of financial statements.
- CO3: Identify and assess audit risks, detect errors and frauds, and ensure compliance with auditing and regulatory requirements.
- CO4: Prepare audit reports and develop professional judgment needed for effective audit decision-making.
Mandatory
Financial Services
M.Com.-II Sem III
- CO1: Understand the structure, role, and significance of financial services in the Indian financial system.
- CO2: Explain the functioning of key financial services such as merchant banking, leasing, hire purchase, mutual funds, and credit rating.
- CO3: Analyze emerging financial services and innovations in financial markets, including digital and technology-driven services.
- CO4: Evaluate the regulatory framework governing financial services and assess their relevance for corporate financing and investment decisions.
Mandatory
Advanced Trends in Accounting
M.Com.-II Sem III
- CO1: Understand emerging trends and modern developments in accounting practices and technologies.
- CO2: Apply advanced accounting tools and software for recording, analyzing, and reporting financial information.
- CO3: Evaluate the impact of digitalization, automation, and data analytics on contemporary accounting systems.
- CO4: Develop practical competencies to adapt to evolving accounting standards and industry requirements.
Elective
Accounting & Taxation of E-Commerce Industries
M.Com.-II Sem III
- CO1: Understand the accounting framework and digital transaction flow specific to e-commerce businesses.
- CO2: Apply appropriate methods for recording online sales, payment gateway settlements, returns, and inventory management in e-commerce operations.
- CO3: Explain GST provisions, TDS/TCS rules, and other taxation requirements applicable to e-commerce platforms and sellers.
- CO4: Evaluate compliance procedures and prepare necessary accounting and tax reports for e-commerce entities.
RP
Research Project
M.Com.-II Sem III
- CO1: Identify a relevant research problem and formulate clear research objectives and methodology.
- CO2: Collect, analyze, and interpret data using appropriate research tools and analytical techniques.
- CO3: Prepare a structured research report demonstrating critical thinking, academic writing, and presentation skills.
- CO4: Apply research findings to provide practical insights or solutions related to accounting, finance, or business practices.
M.Com. Advanced Accountancy Sem-IV (NEP 2020) ❯
Mandatory
Advance Financial Management
M.Com.-II Sem IV
- CO1: Calculate investment viability using techniques like NPV, IRR, and Payback Period.
- CO2: Apply various techniques to investment scenarios and select the projects.
- CO3: Demonstrate the use of capital budgeting techniques in international market.
- CO4: Solve practical problems related to bilateral and multilateral netting in multinational cash flow operations.
Mandatory
International Financial Reporting Standards
M.Com.-II Sem IV
- CO1: Explain, summarize and identify the principles for recognizing and measuring elements in financial statements.
- CO2: Apply the conceptual framework to identify financial elements and implement disclosure principles while solving case studies.
- CO3: Evaluate accounting policies for their compliance with Ind AS and IFRS standards using case study method.
- CO4: Prepare comprehensive financial statements, including SOFP, SOPL, SOCE, and SOCF, adhering to Ind AS and IAS standards.
Mandatory
Personal Financial Planning
M.Com.-II Sem IV
- CO1: Evaluate financing options for major purchases, including housing and vehicles, based on affordability.
- CO2: Evaluate and design appropriate insurance plans for specific financial goals and risks.
- CO3: Evaluate retirement needs and create comprehensive retirement plans.
- CO4: Create and evaluate an optimized investment portfolio based on individual goals.
Elective
Forex (Foreign Exchange Rate Management and Derivatives)
M.Com.-II Sem IV
- CO1: Compare and contrast various terminologies and types of forex markets.
- CO2: Solve practical problems related to cross-currency quotes, forward premiums/discounts, and interest rate arbitrage.
- CO3: Explain the attributes, significance, and economic purposes of financial indices.
- CO4: Analyze major indices in India (e.g., Nifty 50, Sensex, Nifty Bank) and their sectoral impacts.
RP
Research Project
M.Com.-II Sem IV
- CO1: Identify a relevant research problem and formulate clear research objectives and methodology.
- CO2: Collect, analyze, and interpret data using appropriate research tools and analytical techniques.
- CO3: Prepare a structured research report demonstrating critical thinking, academic writing, and presentation skills.
- CO4: Apply research findings to provide practical insights or solutions related to accounting, finance, or business practices.