Semester-wise Syllabus for M.Com in Public Accounting

Semester 1: Core Accounting & Regulations

1. Advanced Financial Accounting

   • IFRS & Ind AS Convergence

   • Consolidated Financial Statements

   • Accounting for Special Transactions (PPP, ESG Reporting)

2. Corporate & Business Laws

   • Companies Act 2013 Amendments

   • FEMA, FDI Regulations

   • SEBI Listing Compliance

3. Public Finance & Government Accounting

   • Budgeting Processes

   • Government Accounting Standards (GASB)

   • Fiscal Responsibility Acts

4. Quantitative Techniques for Accounting

   • Forensic Accounting Basics

   • Data Analytics in Accounting (Excel, Power BI)

5. Elective 1

   • CSR Accounting & Reporting

   • Accounting for NGOs

Semester 2: Taxation & Audit Specialization

1. Direct Taxation (Advanced)

   • Corporate Tax Planning

   • International Taxation (DTAA, BEPS)

   • Tax Litigation Management

2. Indirect Taxation (GST & Customs)

   • GST Audit & Annual Returns

   • Customs Valuation

   • E-Way Bill Compliance

3. Advanced Auditing & Assurance

   • Audit of Digital Transactions (Blockchain Evidence)

   • SA 700 Series Revisions

   • Internal Audit Standards

4. Accounting Information Systems

   • ERP Modules (SAP FICO)

   • Cloud Accounting Tools

   • Cybersecurity for Accountants

5. Elective 2

   • Insolvency Accounting (IBC)

   • Project Accounting

Semester 3: Public Sector & Professional Accounting

1. Public Accounting Standards

   • IPSAS (International Public Sector Accounting Standards)

   • Sovereign Accounting

   • Fund Accounting

2. Forensic Accounting & Fraud Examination

   • Money Laundering Cases

   • Digital Forensics Tools (ACL, IDEA)

   • Whistleblower Mechanisms

3. Performance Auditing

   • CAG Guidelines

   • Social Audit Techniques

   • Outcome Budgeting

4. Elective 3

   • Municipal Accounting

   • Defense Accounting Systems

5. Industry Internship

   • CA Firms, CAG Offices, Tax Departments

Semester 4: Capstone & Professional Integration

1. Strategic Financial Reporting

   • Integrated Reporting (<IR>)

   • XBRL Implementation

   • ESG Disclosure Frameworks

2. Public Policy for Accountants

   • Fiscal Federalism

   • Accounting for Public Debt

   • PPP Accounting Models

3. Capstone Project

   • Live Project with CAG/State Audit Departments

   • Policy Paper on Accounting Reforms

4. Dissertation

   • Research on Topics like:

     • Digital Transformation in Public Accounting

     • Cryptocurrency Taxation Policies

5. Elective 4

   • International Public Finance

   • Accounting for Climate Change