This was a very important event in the calendar of the events of the college as together with the ICAI, EIRC, the college was able to organise a much focused discussion on 11th December and 13th December, 2020.
The event became more significant as on its eve Tata Consultancy Services Ltd. (TCS) was on the campus interviewing the students who could understand financial statements. The theme of the two day workshop was interpretation of financial statements. Many of our students who had attended the workshop could clear the test with TCS which was a matter of pride for both the collaborating bodies.
The workshop also gave an opportunity to three faculties of the college namely CA Ankit Patwari, CA Priti Modi and CA Harshvardhan Sanghi who for the first time got a chance to speak at the platform of The Institute of Chartered Accountants of India. The students who attended were overwhelmed. All in all it became a win-win situation for the speakers, the participants, the organiser and the recruiter.
On 11th December, 2020 CA Nitesh Kumar More, the Chairman of ICAI, EIRC and Prof. Dilip Shah were present. On this day, CA Hari Ram Agarwal, Regional Council Member, ICAI, EIRC briefed the participants on the following aspects –
Importance of Financial Statements, Auditor’s Report and Director’s Report for the investors
Discussion on the disclosures given in the Director’s Report
Understanding Auditor’s Report – Audit Opinion, Basis for Opinion, Auditor’s Responsibility, Report on Other Legal & Regulatory Requirement
Elements of Companies (Auditor’s Report) Order, 2016
Interpretation of Notes on Financial Statements
On 13th December, 2020, faculties from the college CA Ankit Patwari, CA Priti Modi and CA Harshvardhan Sanghi shared valuable inputs on the components of Financial Statements. The Financial Statements of a Public Limited Company was taken as a reference through which the various parameters of Balance Sheet, Profit and Loss Statement and Cash Flow Statement were explained –
Balance Sheet – discussion on various components of Balance Sheet, understanding of financial ratios for making fundamental analysis and investor’s perception for stock market
Profit and Loss Statement – parameters like Sales and Other Income, Purchase of goods, Employee Benefit expenses, Finance Cost, PBT, EPS and the like were discussed
Case studies of Flipkart and Paytm were used to explain that even if Companies are incurring losses, their valuation can be high and in case of IPO, shares can be oversubscribed and that too at a premium. Hence, profits are important but what also matters is the vision of Company and their penetration in the market.
Cash Flow Statement – making risk assessment, understanding leveraging position, use of ratio analysis for fundamental analysis by the investors.
The Workshop ended with a note of thanks to all concerned.
March 30th 2019. Society Hall. India alone about eighty thousand lives are lost every year caused by road accidents. When this is viewed in context of the fact that such accidents (and loss of lives caused by them) constitute about thirteen percent of such incidents worldwide, the picture becomes even more grim. What is worse is …
“Orientation” literally refers to a person’s basic attitude, beliefs, or feelings in relation to a particular subject or issue. The act of moulding such attitudes or beliefs, too, is widely referred to as Orientation and it is this moulding, that the Bhawanipur Education Society College (BESC) seeks to impact, when it conducts a series of Orientation …
For the enhancement of human endurance, musculoskeletal ability, and cognitive capacities, a three-day Combat Training Workshop was organised in the college from 5th December 2023 to 9th December at the college campus. The event was guided by the referees from KAWB (Kickboxing Association of West Bengal) affiliated with BOA (Bengal Olympic Association) and Mr. Asutosh …
Corporate experts often remark that first impressions are extremely crucial, and the world of job hunting is no exception. The profile that aspiring employees often build determines the value they will add to the company which makes CV (Curriculum Vitae) building significantly fundamental. Intending to help students decode their way to impressing employers, The Bhawanipur …
Understanding and Interpreting Financial Statements
This was a very important event in the calendar of the events of the college as together with the ICAI, EIRC, the college was able to organise a much focused discussion on 11th December and 13th December, 2020.
The event became more significant as on its eve Tata Consultancy Services Ltd. (TCS) was on the campus interviewing the students who could understand financial statements. The theme of the two day workshop was interpretation of financial statements. Many of our students who had attended the workshop could clear the test with TCS which was a matter of pride for both the collaborating bodies.
The workshop also gave an opportunity to three faculties of the college namely CA Ankit Patwari, CA Priti Modi and CA Harshvardhan Sanghi who for the first time got a chance to speak at the platform of The Institute of Chartered Accountants of India. The students who attended were overwhelmed. All in all it became a win-win situation for the speakers, the participants, the organiser and the recruiter.
On 11th December, 2020 CA Nitesh Kumar More, the Chairman of ICAI, EIRC and Prof. Dilip Shah were present. On this day, CA Hari Ram Agarwal, Regional Council Member, ICAI, EIRC briefed the participants on the following aspects –
On 13th December, 2020, faculties from the college CA Ankit Patwari, CA Priti Modi and CA Harshvardhan Sanghi shared valuable inputs on the components of Financial Statements. The Financial Statements of a Public Limited Company was taken as a reference through which the various parameters of Balance Sheet, Profit and Loss Statement and Cash Flow Statement were explained –
The Workshop ended with a note of thanks to all concerned.
Related Posts
CII Conducted seminar on Rad safety
March 30th 2019. Society Hall. India alone about eighty thousand lives are lost every year caused by road accidents. When this is viewed in context of the fact that such accidents (and loss of lives caused by them) constitute about thirteen percent of such incidents worldwide, the picture becomes even more grim. What is worse is …
ORIENTATION 2020
“Orientation” literally refers to a person’s basic attitude, beliefs, or feelings in relation to a particular subject or issue. The act of moulding such attitudes or beliefs, too, is widely referred to as Orientation and it is this moulding, that the Bhawanipur Education Society College (BESC) seeks to impact, when it conducts a series of Orientation …
Combat training 2.0 & Intra College Kickboxing & Chess boxing Championship
For the enhancement of human endurance, musculoskeletal ability, and cognitive capacities, a three-day Combat Training Workshop was organised in the college from 5th December 2023 to 9th December at the college campus. The event was guided by the referees from KAWB (Kickboxing Association of West Bengal) affiliated with BOA (Bengal Olympic Association) and Mr. Asutosh …
Seminar on SOP, Abstract and Resume Writing
Corporate experts often remark that first impressions are extremely crucial, and the world of job hunting is no exception. The profile that aspiring employees often build determines the value they will add to the company which makes CV (Curriculum Vitae) building significantly fundamental. Intending to help students decode their way to impressing employers, The Bhawanipur …