21UCR402 – Functional Accounting

Functional Accounting is designed to provide I B.Com (IT) students with a strong foundation in practical accounting principles and procedures used in business organizations. The course focuses on recording financial transactions, preparation of journal entries, ledger posting, trial balance, and final accounts of sole proprietorship concerns. Students will gain hands-on knowledge in maintaining books of accounts and understanding financial statements, enabling them to apply accounting concepts effectively in real-world business and technology-driven environments. The course also emphasizes accuracy, analytical skills, and the use of basic accounting software tools relevant to the IT-integrated commerce sector.