T. John College | Commerce
The Department of Commerce organized a guest lecture for BCOM III & V semester students on 14thAugust 2020. Dr. Krishnendu Ghoshfrom ICFAI Business School, Kolkata delivered a talk on “Understanding Financial Statements”.
The session started with the basics of accounting process which has to be followed by the profit and non-profit making organisations. The speaker spoke about the objectives of preparing the financial statements and also explained the purpose financial statement analysis.
During the second half of the session the speaker focused more on various aspects of the business interns of liquidity, solvency and profitability. He also gave insights on the publication of financial statement to the public which is of high importance in today’s world of transparency.