Icfai National College- Guntur –

A.P.R.O (East)
Academic Review Meeting -30-04-08
Faculty Profile

P. GURU PRASAD
FINANCE FACULTY
INC - GUNTUR
 EDUCATIONAL BACKGROUND

• (M.Phil)-in commerce ,Annamalai

University,2008
Passed part-1,Submitted Dissertation, Viva
is due
• (M.B.A)- pursuing from Dr.Ambedkar
university 2007
• M. com from Madras university -1989
•Post Graduate Diploma in Foreign
Trade-1993
Management from South Indian
chapter (Kolkatha)
 NON TEACHING EXPERIENCE

*M/s. UMAMAHESWARA RAO &CO

(Concurrent Financial Auditor)

*TATA TELESERVICES
(Team leader marketing)

*FOODS,FATS AND FERTILIZERS

LTD
(Sales Manager)
 TEACHING EXPERIENCE

GURU NANAK COLLEGE, CHENNAI,

(junior- lecturer)
MAHATMA GHANDHI P.G COURSES,
GUNTUR (senior- lecturer)
ICFAI DISTANCE EDUCATION CENTER,
GUNTUR. (visiting faculty)
SIKKIM-MANIPAL UNIVERSITY. Branch
at Guntur (Centre coordinator)
 COURSES HANDLED
Financial Management Business ethics and
Financial accounting corporate governance
Economics Project management
Accounts for HR laws for managers
managers Tax laws
Business laws Business environment
Corporate laws and Business policy
Accounting for Business strategy
managers Business
Tax planning and correspondence
management Introduction to
Security analysis and Management
portfolio management Managerial
effectiveness
 COURSES HANDLED AT INC

1.Financial Management
2.Accounting for Managers
3.Project Management
4.Management accounting and Control
Systems
5.Management control and
information Systems
6.Portfolio management and Mutual
funds
7.Legal Environment of Business
8.Business Laws
9.HR laws for managers
 Teaching Load

I semester – ACCOUNTING FOR

MANAGERS
II semester – LEGAL ENVIRONMENT OF
BUSINESS

On roll strength of the class in I

semester – Two Sections
Average attendance – 35+34
On roll strength of the class in II
semester – Two Sections
Average attendance – 35+34
 Additional Load

Additional teaching load during III&IV

semesters – MCIS, B.L, PM&MF, BE&CG
Coordinating Load- Academic
coordinator,
Admissions coordinator
At Present – Assisting Interne
coordinator in conducting SIP on
Saturdays by arranging corporate
guest lectures from various sectors.

Actively Participating in phase I &

phase II admission process
ON ROLL STRENGTH OF THE CLASS

SECTION A 35 STUDENTS
SECTION B 34 STUDENTS
Total No of Students 69

Average Attendance
SECTION A 30 STUDENTS
SECTION B 30 STUDENTS
Lesson Plan for Two Most Effective Sessions

CHAPTER II
Accounting Standards
 Lesson Plan

Session-1 Accounting Standards

Objective: To Make the students understand

about the importance of Accounting
Standards and its role in presenting clear-cut
accounts on a uniform basis.
Explain the areas in which differing
accounting policies are encountered
 Methodology

 Lecture + Interaction
The Session of 1.15mts is carried out as:-
 5-10mts to motivate the students towards the concept
with current examples of corporate accounting practices
 Next 20min to explain the Differing Accounting Policies
like Depreciation methods, Valuation of Inventories,
Treatment of Goodwill, Valuation of Fixed Assets, Treatment
of Contingent Liabilities etc.,
 Next 30min to Explain the Importance of Accounting
Standards, Establishment of IASC, Partial List of ASB
Accounting standards to the students
 Last 15min for Summarization of the concepts by the
students
 Lesson Plan

 Session 2
Objective:- To make the students understand the
Indian Accounting standards issued by ASB, and
difference between AS & US GAAP
Methodology:- Lecture + Interaction
The session Schedule of 1.15mins has a break up
with
 First 10min- To revise the concepts taught in the
previous session
 Next 40min- To explain the remaining ASB
Accounting Standards
 Next 20min- To explain the US GAAP & difference
between AS & US GAAP
 Last 5min- To Summarize the concepts again
 Impact and learning

Students at the end show a clear

understanding of the concepts discussed
At this moment as a faculty I will be in a
position to assess the students
Personal Experience:- When explaining the
concepts with current corporate accounting
practices the students are able to Interact and
understand the concepts properly.
 BEST LIVE PROJECT

Course: Accounting for Managers

Batch:2007-2009
 BEST LIVE PROJECT
 A STUDY ON PREPARATION AND
ANALYSIS OF FINANCIAL STATEMENTS OF JOCIL Ltd
GUNTUR

BY
CHANDRA REDDY .K
7NBGUO48
MBA PROGRAM
2007-2009
 Basis of Evaluating Live Project

Practical exposure
Originality
Data Collection
Data Analysis
Research Methodology
Findings & Suggestions
Conclusion
Bibliography
Two most effective OWEs Given During
The Course
 Titles

1. OPERATION WORKOUT ON JOURNAL

AND LEDGER POSTING OF M/S KIRAN
TEXTILE,GUNTUR

2. OPERATION WORKOUT ON

PRELIMINARY WORK TO CONDUCT THE
STATUTORY AUDIT,INTERACT WITH
MR.SIVAPRASAD AUDITOR
 Relevance & Impact of the OWE

•To strengthen students

academic knowledge
through practical exposure
•Enhancing students
confidence level to
interacting with corporate
executives
Developing the placement Ability through OWE

Exposure to Corporate
culture and communication
Learning about opportunities
in corporate career
Brand building of INC
Best Two Activities
BEST TWO ACTIVITES DONE IN THE
CLASS
1. Preparation & Presentation of
Accounting Standards by all the
‘Student groups’

2. Preparation & Presentation of the

Jargons
on Financial Accounting &
Management Accounting
 The Cause Behind

• All the Financial firms who are offering core finance jobs
are expecting good knowledge on Accounting Standards
as the minimum requirement

2. The Companies who are dealing in financial products or

services are expecting the total dialects of accounting,
finance & marketing from our students
 The facility We are offering

The courseware what we are offering at INC is

the best and apt for the preparing the
students for placement activities

Because of the above facts I feel that the best

activities are preparing the students on
Accounting Standards and Technical terms
INTERNAL ASSESSMENT
DONE IN THE COURSE

PRE & POST MID

 INC Guntur
Internal examination(C1)
Accounting For Managers
Sem-1
Time – 60 min
Max.Marks - 25
Part A(3*5=15 marks)
Answer All Questions Each Question Carries 5 Marks
1) Ascertain the Users of financial Statements and its Uses
2) Explain the Accounting Process with a Flow Chart
3) Explain the Form and Contents of Financial Statement
Part B(5*2=10marks)
Answer All Questions Each Question Carries 2 Marks
1) Define the Duties an Auditor
2)Enumerate few Accounting Standards
3) Explain Contents of Profit and Loss A/c
4)Give the areas of Differing Accounting Policies
5)How the Contingencies and Events are treated
----All The Best-----
 Pre-Mid

Descriptive examination for one hour

Total Marks – 25
Scaled down to – 10
Maximum Marks – 10/10 (Pavani)
 Minimum Marks – 4/10 (Parveen)
Type of questions – Analytical Descriptive
 Post Mid

Live Project
Total Marks : 25
Scaled down to : 10
Chandra Reddy .k- 7marks
A Study on Preparation and
Analysis of Financial Reports of
Jocil Ltd, Guntur
 CASE STUDIES DONE IN THE CLASS ROOM

1.Limitations of the Financial

statements:-
Annual Reports of
a. TISCO
b. GRASIM
2.Accounting Fraud at ENRON CORP
 USE OF CASE STUDY AS A TEACHING
METHODOLOGY

Self learning
Creative Thinking
Application of concepts and standards
Exposure to real situations
Ignite discussion that are meaningful
Feel consequences
Develop Practicing skills
Experiential learning
Exercise judgment
USE OF CASE STUDY AS A TEACHING
METHODOLOGY

In ACCOUNTING FOR MANAGERS

use of case study method requires
extensive study and knowledge on
the part of the students. After the
relevant chapter is taught and
students are thorough enough with
the relevant concept case study is
discussed .
PROCESS OF HANDLING A CASE IN THE
CLASS

Dividing the class into teams

Distributing the Case to the groups
Ask them to study the case at home
guiding them through questions
Ask them to prepare outline of the case
Find out the key issues in the case
Analyzing the key issues
 The Biggest Challenge faced In the class

Problems
•Attitude of ‘No learners’
•Inabilities of ‘Slow learners’
•Lack of sufficient facilities to provide practical
knowledge

Method of handling
•Demonstrating the successful performance of
average students with right attitude
•Personally requesting the company executives to
provide practical knowledge
•Special classes between 5-6 pm
Self Development

In Last Six Months

 Special Achievements at FTP

• Participation in Faculty Development

Program conducted at INC HQ, Batch
XXX

• Won Domain Topper,

• Business Quiz Topper,
• Class Room Presentations Topper.
• Case study Topper
• Sectorial Study Topper
• Role Plays Topper
• G.D Topper
 SELF DEVELOPMENT IN THE LAST 6 MONTHS

Submitted Article on Mutual funds

“The safe avenue for small
&Medium Investors”
 and “ Risk mitigation through
MFs” accepted by the Icfai
publications division
Case Study presented on “The
Rise and Fall of Enron”
 SELF DEVELOPMENT IN THE LAST 6
MONTHS

•Attended FTP Batch XXX, Completed

Successfully

•Participation in ARM conducted at

Vizag, presented before the Director

•Passed part-A of M.Phil of Annamalai

University
•Submitted the Dissertation- Viva in
progress
•Written first semester examination in
M.B.A
PROPOSED SELF DEVELOPMENT IN COMING
SIX MONTHS

Preparing Article on Accounting

especially on GAAP
Doing Research work on Credit facilities
available for SMEs
Equipping myself to face the VIVA yet to
be conducted at Annamalai University,
Chidambaram.
Enrolling for Second Year Examinations
of MBA program
After completion of M.phil, enrolling for
PhD from Nagarjuna University, Guntur
THANKING YOU
YOURS TRULY
P.GURU PRASAD
FACULTY MEMBER
INC – GUNTUR
APRO EAST