The Post-Graduate Department of Commerce organized an online Guest Lecture in the subject of Working Capital and Dividend Decisions for M.Com Part I and Part II students on 23rd June 2021 from 12.00 noon to 1:00 pm on the Google Meet platform. The Resource Person for the session was Ms. Abhija Narvekar, ex-student of the College and Financial Accountant – Accounts and Finance, Colorcon Asia Pvt Ltd., Verna. The faculty incharge, Ms. Sheryl da Silva, introduced the Speaker.
The Guest Faculty commenced the session by discussing the role of the accounting department in any organization. Ms. Narvekar discussed about Money out, Money In, Payroll, Reporting and Financial Controls as the key roles of accounting. She further explained the process of accounts payable. The basic cycle of accounts payable i.e. Purchase Order, Goods Receipt Note and Vendor Invoice was discussed in detail.
Ms. Narvekar also stressed on the importance of Reporting and Financial Statements, which is required for budgeting, forecasting and other decision making processes. The speaker addressed all the queries raised by the students at the end of the session. Ms. Stacy Pereira, student of M.Com Part I proposed the Vote of Thanks. 42 students attended the lecture.
