Semester-wise Syllabus for M.Com in Global Financial Reporting (GFR)

Semester 1: Foundations of Accounting & Financial Reporting

1. Financial Accounting & Reporting

   • GAAP vs. IFRS

   • Conceptual Framework for Financial Reporting

   • Preparation of Financial Statements (IAS 1, IAS 7, IAS 8)

2. Advanced Corporate Accounting

   • Mergers & Acquisitions (IFRS 3)

   • Consolidated Financial Statements (IFRS 10, IFRS 11)

3. Business Economics & Global Financial Environment

   • Macroeconomic Policies Affecting Financial Reporting

   • Global Capital Markets

4. Quantitative Techniques for Financial Analysis

   • Statistical Tools for Financial Decision-Making

   • Data Analytics in Accounting

5. Business & Professional Ethics

   • Ethical Standards in Financial Reporting (IESBA Code)

   • Corporate Governance (OECD Principles, SOX Compliance)

Semester 2: International Financial Reporting Standards (IFRS) & Auditing

1. Advanced IFRS Applications

   • Revenue Recognition (IFRS 15)

   • Leases (IFRS 16)

   • Financial Instruments (IFRS 9, IAS 32, IFRS 7)

2. Global Auditing & Assurance Standards

   • ISA (International Standards on Auditing)

   • Risk-Based Auditing

3. Corporate Financial Management

   • Capital Budgeting & Investment Decisions

   • Cost of Capital & Working Capital Management

4. Taxation in a Global Context

   • Transfer Pricing (OECD Guidelines)

   • Double Taxation Avoidance Agreements (DTAAs)

5. Research Methodology in Accounting

   • Quantitative & Qualitative Research Methods

Semester 3: Specialized Reporting & Compliance

1. Sustainability & Integrated Reporting

   • ESG Reporting (GRI, SASB, TCFD)

   • Integrated Reporting (<IR> Framework)

2. Forensic Accounting & Fraud Examination

   • Fraud Detection Techniques (ACFE Standards)

   • Legal Aspects of Financial Fraud

3. Cross-Border Financial Regulations

   • SEC Reporting (US GAAP)

   • EU Directives on Financial Reporting

4. Strategic Performance Management

   • Balanced Scorecard

   • KPIs & Financial Metrics

5. Elective (Choose One)

   • Blockchain in Financial Reporting

   • Behavioral Finance

Semester 4: Research & Practical Applications

1. Dissertation / Project Work

   • Independent Research on a Global Financial Reporting Issue

2. Internship / Industry Training (Optional in Some Universities)

   • Practical Exposure in MNCs/Accounting Firms

3. Case Studies in Global Financial Reporting

   • Real-World IFRS Implementation Challenges

4. Emerging Trends in Financial Reporting

   • AI & Automation in Accounting

   • Big Data & Predictive Analytics