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.
College fests are always eagerly awaited. They bring with them all the crazy fun that makes college life so memorable. The Bhawanipur Education Society College organised the the most awaited inter-college fest- ‘Effervescence: Drama, Music, Dance’ on the 4th and 5th of October 2021. It was a two-day intercollegiate fest in which 10 colleges participated. …
August 23rd and 24th, 2019. Jubilee Hall. There is more, much more to pop dance than what meets the eye. For one, such dance forms are in a constant state of flux with street influences enriching them at any given point in time. Secondly, because of their global appeal, such dance forms transcend all barriers that …
“Marketing one’s presence on social media is as important as creating one’s presence.” In a world of physical distancing, aspiring entrepreneurs and managers need to have an understanding the know-how of the digital spectrum called social media to succeed. The BBA Department of The Bhawanipur Education Society College presents a webinar on “Social Media and …
The Bhawanipur Education Society College celebrated Saraswati Puja on the 5th of February from 9AM onwards. Goddess Saraswati is the deity of knowledge, learning, arts, music and language. This day is very important in the life of all those who are associated with these verticals. The celebration was a string of apt and pleasant events …
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.
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EFFERVESCENCE FEST
College fests are always eagerly awaited. They bring with them all the crazy fun that makes college life so memorable. The Bhawanipur Education Society College organised the the most awaited inter-college fest- ‘Effervescence: Drama, Music, Dance’ on the 4th and 5th of October 2021. It was a two-day intercollegiate fest in which 10 colleges participated. …
Bhawanipur Dance Championship (BDC)
August 23rd and 24th, 2019. Jubilee Hall. There is more, much more to pop dance than what meets the eye. For one, such dance forms are in a constant state of flux with street influences enriching them at any given point in time. Secondly, because of their global appeal, such dance forms transcend all barriers that …
Social Media and Business Practices During Covid-19 crisis
“Marketing one’s presence on social media is as important as creating one’s presence.” In a world of physical distancing, aspiring entrepreneurs and managers need to have an understanding the know-how of the digital spectrum called social media to succeed. The BBA Department of The Bhawanipur Education Society College presents a webinar on “Social Media and …
Saraswati Puja
The Bhawanipur Education Society College celebrated Saraswati Puja on the 5th of February from 9AM onwards. Goddess Saraswati is the deity of knowledge, learning, arts, music and language. This day is very important in the life of all those who are associated with these verticals. The celebration was a string of apt and pleasant events …