Accounting is a system for measuring and summarising business activities, interpreting financial information and communicating the results to management and other stakeholders to help them make better business decisions. Digital technology allows accountants to perform tax preparation services, statistical analysis and forecast modelling much more efficiently. Thus, in addition to being knowledgeable in accounting practices, an accounting professional needs to be a skilled communicator, able to ethically apply accounting processes and to integrate these processes with computerised accounting technology. The paradigm shift in the field of Accounting necessitates a change in the traditional curriculum that focuses only on individual branches of accounting and lacks a multidisciplinary approach interweaving these courses with the other functional areas of management.
The major in Accounting is designed to develop a strong foundation in important aspects of any business’s operations by creating a theoretical framework to understand the importance and applicability of accounting principles and practices. It will enable students to create a comprehensive knowledge base by exploring various aspects of a business entity, including nuances of financial accounting, application of relevant tax laws, cost accounting techniques and their application for the purpose of management analysis, cost control and decision making. This major will also help students to develop a broad understanding of different dimensions of finance, including financial management, banking, and the structure and operation of financial markets and services. Students will be exposed to contemporary developments in financial reporting like the need of mandate corporate governance for corporate ethics, CARO in auditing, the adoption of IFRS in India, emergence of forensic accounting and deciphering misreporting of financial statements.
On completion of this major, the student will be able to:
The major aims to prepare students for meaningful employment in the field of Accounting. The undergraduate programme at Ahmedabad University will also enable students to pursue professional qualifications like Association of Chartered Certified Accountants (ACCA), Cost and Management Accountant (CMA), Certified Public Accounting (CPA), Certified Financial Planning (CFP), Chartered Financial Analyst, and Chartered Accountancy, among many others.
| Offered by | Amrut Mody School of Management |
| Programmes | Bachelor of Commerce (Honours) Bachelor of Commerce (Professional) |
| Degree | Bachelor of Commerce (Honours) |
| Minimum Programme Credits | 173 |
| Minimum Major Credits | 80 |
| Accounting is also offered as a MINOR | |
| Credits | |
|---|---|
| Foundation Programme (Three Studios) | 9 |
| First Year Seminar on Critical Thinking and Writing | 3 |
| Credits | |
|---|---|
| Humanities and Languages GER ETH201 Ethics |
3 |
| Social Sciences GER ECO110 Macroeconomics |
3 |
| Biological and Life Sciences GER | 3 |
| Mathematical and Physical Sciences GER CSD101 Data Science |
3 |
| Performing and Visual Arts GER | 3 |
| GER Elective 1: MGT111 Identity and Behavior | 3 |
| GER Elective 2: MAT133 Pre-calculus | 3 |
| GER Elective 3 | 3 |
| Communications GER COM101 Effective Reading and Comprehension Skills |
3 |
| Sports & Wellness GER | 3 |
| Major Requirements | Credits |
|---|---|
| School Core | 27 |
| MAT142 Introductory Calculus | 3 |
| TOD212 Decision Sciences | 3 |
| ECO110 Macroeconomics | 3 |
| STA101 Introductory Statistics | 3 |
| MGT112 Organisational Process | 3 |
| STA100 Probability | 3 |
| Course on Digital Technology | 3 |
| Course on Sustainability | 3 |
| Course 2 on Digital Technology/ Building Sustainable Businesses | 3 |
| Programme Core | 27 |
| FAC114 Financial Accounting | 3 |
| FAC112 Corporate Accounting | 3 |
| FAC213 Advanced Corporate Accounting | 3 |
| FAC215 Cost and Management Accounting | 3 |
| FAC121 Direct Taxes | 3 |
| FAC244 Financial Markets | 3 |
| FAC216 Financial Statements and Analysis | 3 |
| FAC133 Financial Management | 3 |
| TOD221 Operations Management | 3 |
| Major Electives | 26 |
| FAC123 Audit and Assurance | 3 |
| FAC634 International Finance | 3 |
| FAC124 Fundamentals of GST | 1.5 |
| FAC125 Business Taxation | 1.5 |
| FAC638 Fixed Income Securities | 3 |
| FAC104 Tally ERP 9.0 | 2 |
| FAC217 Performance Management | 3 |
| FAC331 Corporate Finance | 3 |
| FAC241 Banking | 3 |
| FAC636 Financial Econometrics | 3 |
| FAC245 Financial Services | 3 |
| FAC311 Analysing Corporate Annual Report | 3 |
| FAC631 Derivatives and Risk Management | 3 |
| FAC637 Business Valuation | 3 |
| FAC635 Financial Modelling | 3 |
| Financing for Start-ups | 3 |
| FAC639 Modelling Randomness in Financial Markets | 3 |
| FAC332 Security Analysis and Portfolio Management | 3 |
| FAC643 Bank Management | 3 |
| FAC223 Tax Procedure | 3 |
| FAC335 Global Securities Market | 3 |
| FAC336 Working Capital Strategy | 1.5 |
| FAC512 Financial Accounting | 1.5 |
| FAC513 Management Accounting | 1.5 |
| FAC632 Corporate Restructuring, Mergers & Acquisitions | 3 |
| FAC633 Security Analysis and Portfolio Management | 3 |
| FAC534 Strategic Corporate Finance | 3 |
| FAC541 Financial Markets and Institutions | 3 |
| FAC630 Behavioural Finance | 3 |
Free Electives provide flexibility to students to customise their education at the University.
All students will complete 30 hours of engagement with society to develop a sense of engagement, concern, build problem solving skills, and understand the role of an engaged member of a society. This will be done through a mandatory course, Engagement with Society, that would be a graduation requirement. This course can be taken anytime during the stay at the University but it is advised that the student engage with the courses during the first two years at the University. The 30 hours of volunteer work may be completed during one semester or during the Winter or Summer Break.