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B.Com Accounting and Finance Syllabus 2026: Subjects, Specializations, and Semester-wise Syllabus

  • course years 3 Years
  • type of course Under Graduate
  • course stream Commerce
  • course type Full Time
Written By universitykart team | Last Updated date Feb, 19, 2026

B.COM ACCOUNTING AND FINANCE SYLLABUS

The Bachelor of Commerce (B.Com) in Accounting and Finance is a course that equips students with accounting, finance, and business management skills. The b.com accounting and finance course is divided into foundation, intermediate, and advanced courses to have a solid base in financial, business operations, and specialized topics.

During the B.Com accounting and finance first year syllabus, I was exposed to fundamental subjects such as Financial Accounting, which involves the preparation of financial statements, and Business Law, which exposes students to legal matters of business operations. Other subjects include Business Mathematics, which includes mathematical tools for economic analysis, Principles of Economics, and Business Communication, which develops students' capacity to communicate professionally in the business world.

In B.Com second year syllabus in accounting and finance specialization with topics like Cost Accounting, the techniques of cost allocation, Management Accounting, the budgeting, financial analysis, tools of decision-making. Taxation too is a part of curriculum where students study Income Tax law, Goods and Services Tax (GST). Topics like Corporate Finance, investment choice, working capital management, the function of financial markets, Business Statistics are also studied.

The third-year B.Com accounting and finance syllabus includes topics like Auditing, in which students learn auditing methods, and Financial Statement Analysis, which is financial health analysis and strategic decision-making.
Specialized courses include International Finance, which involves study of global financial markets, investment, Business Ethics, and Corporate Governance.Financial Markets and Institutions are also studied by the students, where they learn stock exchanges, securities, and financial regulations.The final year provides students with a career in accounting and finance with practical exposure to advanced financial concepts. By adhering to this systematic curriculum, students of B.Com Accounting and Finance develop a thorough knowledge of finance, accounting, taxation, and business laws and are provided with a large gamut of career opportunities in the business and finance industry.

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B.Com Accounting and Finance Semester-wise syllabus

B.Com in Accounting and Finance is a common undergraduate program with a concentration on accounting, financial management, business principles, and economics. The curriculum is meant to equip a student with sound knowledge in financial accounting, cost accounting, auditing, taxation, and financial analysis, as well as an intimate knowledge of financial markets and institutions.

Here are key details about b.com accounting and finance semester-wise syllabus:-

Year

Semester

Subject

1st year

Semester 1

- Financial Accounting

- Business Law

- Business Economics

- Business Communication

- Principles of Management

 

Semester 2

- Financial Accounting (Continued)

- Business Mathematics

- Principles of Economics

- Business Environment

- Introduction to Computer Applications

2nd year

Semester 3

- Cost Accounting

- Management Accounting

- Corporate Accounting

- Business Statistics

- Income Tax Laws and Practice

 

Semester 4

- Cost Accounting (Continued)

- Management Accounting (Continued)

- Business Taxation (GST)

- Corporate Finance

- Indian Economy

3rd year

Semester 5

- Auditing

- Financial Management

- Financial Statement Analysis

- Business Ethics and Corporate Governance

- Investment Management

 

Semester 6

- Advanced Financial Accounting

- International Finance

- Financial Markets and Institutions

- Project Work / Case Studies

- Elective (e.g., Taxation, Banking)

B.Com Accounting and Finance Syllabus: 1st Semester Subject

B.Com Accounting and Finance 1st year syllabus provides a thorough understanding of fundamentals in accounting and finance. The students come to know the principles of accounting, financial statement analysis, and bookkeeping. The subjects in Business Law provide legal practices related to carrying on business organization, such as contracts and agreements. Microeconomics discusses fundamentals in economic concepts, supply, demand, and market structures. In addition, students learn Business Mathematics, which helps them with necessary skills to solve financial and business problems. These courses are meant to prepare students for advanced studies in accounting and finance.

Here are key details about b.com accounting and finance syllabus:1st semester subject:-

Semester l subject

Financial Accounting

Language and Communication skill level - I

Business Organisation and Management

Marketing

Environmental Studies

Allied Business Statistics

English Language

Elective I

Basics of Retail Marketing

Elective II

 

Semester ll subject

Business Law

Language and Communication skill level - II

Business Mathematics and Statistics

Advanced Financial Accounting

Language: English/Hindi/Modern Indian Language

Elements of Operations Research

Business Environment

Elective I

Basics of Business Insurance

Elective II

B.Com Accounting and Finance Syllabus: 2nd Semester Subject

B.Com Accounting and Finance 2nd year syllabus is a continuation of the foundation established in the initial semester, further developing more specific topics. Financial Accounting continues its emphasis on complex accounting techniques, such as preparing advanced financial statements. Corporate Accounting offers an insight into the finance aspect of corporate organizations, for example, mergers and acquisitions, and the issue of shares. Business Economics also explains economic principles regarding business operations. Cost Accounting allows students to learn the methods of cost control and management. These courses equip students with the required practical skills and knowledge to have a successful career in accounting and finance.

Here are key details about b.com accounting and finance syllabus:2nd semester subject:-

Semester lll subject

Company Law

Indian Economy - I

Income Tax Law & Practice

Personality Enrichment Level - I

Cyber Crimes & Laws

Entrepreneurial Development

Computer Applications in Business

Banking Theory Law & Practice

Business Laws

Environmental Studies

Corporate Accounting

 

Semester IV subject 

Corporate Accounting

Financial Services

Cost Accounting

Indian Economy - II

E-Commerce

Basics of Computer Application

Investing in Stock Markets

Principles of Management

Personal tax Planning

Business Communication

Advanced Corporate Accounting

Environmental Studies

B.Com Accounting and Finance Syllabus: 3rd Semester Subject

B.Com Accounting and Finance 3rd year syllabus discusses more complex financial concepts and practices. Financial Management addresses the issues of financing a business, budgeting, financial planning, and capital structure. Advanced Accounting discusses intricate topics such as partnership accounts, internal control, and accounting for specialized industries.Auditing field of study that offers insight into the audit process, ethics, and audit procedures in attaining financial statement accuracy. Business Statistics is the study that familiarizes students with statistical techniques in analyzing business information. These topics develop students' accounting, finance, and business management skills toward higher-level courses and careers.

Here are key details about b.com accounting and finance syllabus:3rd semester subject:-

Semester V subject

Human Resource Management

Human Resource Management

Principles of Marketing

Basics of Accounting

Auditing and Corporate Governance

Fundamentals of Marketing

Financial Reporting and Analysis

Business Ethics and Sustainability

Document Management System

Elements of Cost Accounting

Fundamentals of Financial Management

Financial Management

Goods & Service Tax (GST) and Customs Law

Value Education

Training and Development

Practical Auditing

Industrial Laws

Income Tax law & Practice - I

Entrepreneurship Development

Portfolio Management

Personal Finance

 

Semester Vl subject

Corporate Tax Planning

Collective Bargaining and Negotiation Skills

Banking and Insurance

Entrepreneurship Development

Management Accounting

Training and Development

Computerised Accounting System

Finance for Non-Finance Executives

Financial Markets, Institutions, and Services

Adv.Cost Accounting

International Business

Working Capital Management

Fundamentals of Investment

Extension Activities

Consumer Protection

Management Accounting

Organizational Behavior

Income Tax Law & Practice - II

Advertising, Personal Selling & Salesmanship

Capital Markets

 

B.Com Accounting and Finance Specialization-Wise Syllabus

The B.Com Accounting and Finance program has a specialized platform where students can specialize in certain areas of accounting and finance. The Accounting specialization includes advanced subjects such as Financial Accounting, Corporate Accounting, and Advanced Accounting to prepare students for careers in accounting and audit. The Finance specialization focuses on Financial Management, Investment Management, and Financial Markets to provide students benefits with financial analysis and investment strategy skills. The Specializations in Taxation include Direct Taxation, Indirect Taxation, and GST, offering tax law and planning expertise. All Specializations are crafted to improve students' knowledge for a successful career in the chosen field.

Here are some key points about b.com accounting and finance Specialization-Wise syllabus:-

Specialization 

Key Subjects

Accounting

Financial Accounting, Corporate Accounting, Advanced Accounting

Finance

Financial Management, Investment Management, Financial Markets

Taxation

Direct Taxation, Indirect Taxation, Goods and Services Tax (GST)

Cost Accounting

Cost Management, Budgeting, Cost Control Systems

B.Com Accounting and Finance Subjects

The B.com Accounting and Finance subjects are intended to equip the student with strong theoretical knowledge and technical skills in finance, accounting, and business management. It begins in the first semester with basic subjects like Financial Accounting, Business Law, Microeconomics, and Business Mathematics.. In the second semester, the students take the next step with studies such as Corporate Accounting, Cost Accounting, and Business Economics, advancing from the foundation of business functions. The third semester includes advanced studies such as Financial Management, Advanced Accounting, and Auditing, which prepare students for professional accounting and finance work. With the progress of the course, the students study Investment Management, Corporate Finance, and Direct Taxation in the fourth and fifth semesters to focus on their financial knowledge. Finally, the sixth semester is utilized in studying subjects like Advanced Financial Management, Cost Management, and Business Research Methods, which equip students with the necessary skills to establish a successful career in finance and accounting.

First Year Subjects

First year subjects

Business Organization

Financial Accounting

Business Economics

--

 

Second Year Subjects

Second year subjects

Business Statistics

Banking Theory

Corporate Accounting

Commercial Law & Industrial Law

Law and Practice

Environmental Studies

Business Environment

--

 

Third Year Subjects

Third year subjects

Auditing

Cost Accounting

Business Finance

Income Tax

Accounting for Managerial Decisions

--

Here are some details for B.Com accounting and finance subjects:

Year 

Subjects

1st year subject

Financial Accounting, Business Law, Microeconomics, Business Mathematics, Business Communication, Environmental Studies

2nd year subject

Financial Accounting (Advanced), Corporate Accounting, Business Economics, Cost Accounting, Principles of Marketing, Management Principles and Practices

3rd year subject

Financial Management, Advanced Accounting, Auditing, Business Statistics, Company Law, Business Environment, Management Accounting, Direct Taxation, Indirect Taxation (GST), Corporate Finance, Human Resource Management, Retail Management, Investment Management, Financial Markets and Institutions, International Business, Banking and Insurance, Accounting for Managerial Decisions, Strategic Management, Advanced Financial Management, Cost and Management Accounting, Project Management, Auditing and Corporate Governance, Entrepreneurship Development, Business Research Methods

B.Com Accounting and Finance Entrance Exam Syllabus

B.Com Accounting and Finance entrance exam syllabus is designed to test the candidate's proficiency in accounting and finance core subjects. It typically consists of a number of subjects such as Accounting, Financial Management, Business Mathematics, and Economics. The candidates are supposed to have a good understanding of financial statement fundamentals, cost accounting, and corporate finance since these are the core of the exam.Furthermore, the syllabus also encompasses topics such as Business Law, Taxation, and Banking, which are vital for any profession in accounting and finance. Uantitative skill, reasoning ability, and English are also tested to judge analytical skill and communication ability. Familiarization with the syllabus and practice on problem-solving techniques can prove to be a great way to achieve success. Candidates are requested to keep themselves informed about the latest economic movements and financial developments as questions might also involve latest issues relating to the field of finance and accounts. Proper preparation is needed in order to clear the exam and secure admission.

Here are some key points about b.com accounting and finance entrance exam syllabus:-

Subject

Topic Covered

Accounting

Financial Statements, Cost Accounting, Journal Entries, Ledger Posting

Financial Management

Time Value of Money, Capital Budgeting, Risk Analysis, Working Capital

Business Mathematics

Profit & Loss, Interest Calculations, Ratios, Linear Equations

Economics

Microeconomics, Macroeconomics, Market Structures, National Income

Business Law

Contract Law, Company Law, Labor Laws, Legal Aspects of Business

Taxation

Income Tax, GST, Taxation Principles, Filing of Returns

Banking

Types of Banks, Banking Regulations, Loans & Advances, Payment Systems

Quantitative Aptitude

Number Series, Percentage, Probability, Time & Work

Logical Reasoning

Puzzles, Analogies, Data Interpretation, Verbal Reasoning

English Proficiency

Grammar, Vocabulary, Reading Comprehension, Sentence Completion

B.Com Accounting and Finance course books

For B.Com accounting and finance students selecting the proper course books is very important in order to understand basic concepts. Financial Accounting by T.S. Grewal and Advanced Accountancy by S.N. Maheshwari are the best recommended books on Accounting that explain the basic financial statements, ledger accounts, and cost accounting.For Financial Management, the best book is Financial Management by I.M. Pandey and Principles of Corporate Finance by Richard A. Brealey are musts as they give total insight into financial planning, budgeting, and capital management. For Business Mathematics, Business Mathematics by R.S. Soni and Quantitative Techniques for Business by D.C. Sancheti give detailed treatment of the use of mathematics in business and finance For Economics, Macro Economics by D.N. Dwivedi and Principles of Economics by N. Gregory Mankiw are must-reads. Business Law by P.C. Tulsian and Direct Taxes by V.K. Singhania also have to be read to understand taxation and law. All these books give students a firm foundation in the most important subjects of Accounting and Finance, and hence they attain academic success.

B.Com accounting and finance books topics: 

  1. Financial statements for organizations
  2. Accounting of not-for-profit organizations
  3. Business organization and management
  4. Business regulatory and framework
  5. Business economics
  6. Business communication

Here are key highlights of B.Com Accounting and Finance Course Book:-

Subject 

Recommended books

Accounting

Financial Accounting by T.S. Grewal, Advanced Accountancy by S.N. Maheshwari

Financial Management

Financial Management by I.M. Pandey, Principles of Corporate Finance by Richard A. Brealey

Business mathematics 

Business Mathematics by R.S. Soni, Quantitative Techniques for Business by D.C. Sancheti

Economics

Principles of Economics by N. Gregory Mankiw, Macro Economics by D.N. Dwivedi

Business Law

Business Law by P.C. Tulsian

Taxation

Direct Taxes by V.K. Singhania

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