B.Com. (Actuarial Studies) Accountancy and Financial Management Accounting Standards I Syllabus - Mumbai University
This is the FY BCom Actuarial Studies syllabus under NEP 2020, in force from the academic year 2026-27. It is the only syllabus this degree has ever had: the University approved the course on 18 May 2026 and the first students were admitted the same year, so there is no earlier scheme to check yours against.
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Syllabus for Accountancy and Financial Management - Accounting Standards - I
The University prints this paper as “Accountancy and Financial Management - (Accounting Standards) Paper-I”.
Module 1: Accounting Standards issued by ICAI and Financial Instruments 15 hours
- IND AS 32: Financial Instruments: Presentation Classification of financial instruments as liability and equity, Compound financial instruments, Interest, dividends, losses and gains
- IND AS 39: Financial Instruments: Recognition and Measurement (Conceptual Overview) Recognition and derecognition of financial assets and liabilities, Measurement principles (amortized cost and fair value), Categories of financial instruments under IND AS 39, Role and transition to IND AS 109
- IND AS 107: Financial Instruments:Disclosure requirements for financial instruments, Risk disclosures: credit risk, liquidity risk, market risk, Fair value measurement and hierarchy
- IND AS 109: Financial Instruments Classification and measurement of financial assets and liabilities, Expected Credit Loss (ECL) model, Basics of hedge accounting, Key disclosure requirements
Module 2: Final Accounts of Proprietary Concern 15 hours
- Introduction and Meaning of Final Accounts of Proprietary Firm.
- Accounting Framework of a Proprietary Firm.
- Preparation of Final Accounts: Trading Account, Profit & Loss Accounts, Balance sheet.
- Basic Financial Statement Analysis: Interpretation of Profitability and Financial Position, Simple Ratio Analysis (Gross Profit Ratio, Net Profit Ratio, Current Ratio), Understanding financial health for decision-making (Note: For Semester End Examination not more than 5 adjustments to be asked in one practical problem)
Cut from the University of Mumbai syllabus for B.Com. (Actuarial Studies) under NEP 2020, in force from the academic year 2026-27. Wording is as printed in that syllabus, and module numbering is as printed there too. The University sets no reading list for this course.
The complete syllabus
This subject is cut from the University circular for its year. Open the document here if you want the whole thing rather than a single subject.