School of Management conducted FDP on “Introduction to Basic Financial / Accounting Concepts”

Entrepreneurship Initiatives at School of Management
May 10, 2016
Master of Business Administration (MBA)
May 20, 2016

Date : 13th May 2016

Resource Person : Ms. Rashmi Gairola

A Faculty Development Programme (FDP-2016) was conducted in the School of Management, GD Goenka University, on 13th May 2016 by Ms. Rashmi Gairola, Assistant Professor – School of Management.

Topic for the FDP was “Introduction to Basic Financial/Accounting Concepts”.

The session started with a brief discussion on Financial and accounting terminologies followed by a power-point presentation. Ms. Rashmi discussed about the basic principles of finance and accounting and the pillars on which the financial transactions and statements are built.

The topics covered include:

  • Accounting Year
  • Concepts and conventions
  • Debit and credit
  • Profit and loss account
  • Balance sheets
  • Cash flow statements

The session was concluded with a numerical based activity and a quiz. The learning outcome of the session was the basic financial awareness, so as to evaluate the organization – financially.

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