ACCOUNTANCY is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in selecting the information that is relevant to the user and is reliable. The principles of accountancy are applied to business entities in three divisions of practical art, named accounting, book keeping, and auditing.
The Department is running graduate and post graduate level programme which are directly related to banking insurance and industrial economic sectors. Presently Accounting and Business statistics is playing a significant role, due to the need of economic data interpretation by the investors and economic policy makers. It has a country wide application from agriculture to aviation sector. The Department provides opportunity to students, those are willing to join, banking, insurance, taxation, administrative services, investment sector, real estate and other private sectors.
The Department has highly qualified academician who have expert knowledge in the relevant field of teaching and research. Faculty members are also trained in computer aided teaching. Educational tours and industrial visits are regularly organized by the department. The central and departmental library of this college has good number of text books and reference books related to accountancy & business statistics.
Students pursuing graduation with ABST find job preferences in: Retail / Personal Banking, Corporate Banking, Merchant Banking, Rural Banking, Loan Executive,Treasury, Stock Broker, Venture Capitalist, Equity Research Analyst, Forex Dealer, CFA CFP / Asset Manager, Investment Banker, CA, Mutual Fund Executive and Real Estate Executive.