PG Diploma International Financial Reporting & Assurance
The postgraduate diploma in International Financial Reporting & Assurance program at HLCC is a modern, practice-oriented curriculum combining international accounting standards, audit and assurance, digital skills, communication, and ethics success in global accounting and finance roles.
BS International Finance
In today’s interconnected global economy, finance and investment flows serve as its lifeblood. With India’s emergence as an economic and financial powerhouse, there is a growing demand for finance professionals equipped with expertise and ethical perspective matching global standards. Our undergraduate International Finance program, aligned with the CFA curriculum, integrates theory with practical insights, preparing graduates for careers in finance, investment, banking, and risk management, both domestically and internationally.
Eligibility Criteria
Graduate Students I.e., Student with Bachelor’s degree.
Programme Outcomes
| Programme outcomes | ||
| Programme Code | Programme Outcomes | |
|---|---|---|
| PO 1 | Prepare and analyze financial statements under IFRS and Ind AS. | |
| PO 2 | Plan and execute audits under international standards. | |
| PO 3 | Apply advanced accounting standards to complex transactions. | |
| PO 4 | Exercise professional skepticism and ethical judgment. | |
| PO 5 | Use AI and digital tools to enhance accounting and audit work. | |
| PO 6 | Communicate financial insights effectively to varied audiences. | |
| PO 7 | Perform consolidated group reporting and basic Valuation | |
| PO 8 | Conduct sustainability assurance engagements. | |
Course Outcomes (Sem-1)
| Course Outcomes | |||
| Name of the Programme | Course Code | Course Name | Course Outcome |
|---|---|---|---|
| B.Com (Hons.) Banking and Finance | BFM201-1C | Banking Operations | Remember the banking regulatory environment in India. |
| Understand the different reforms in this sector over the years | |||
| Apply functions of bank to real life examples | |||
| Analyze the bank’s deposit portfolio | |||
| Evaluate the impact of latest acts and its impact in banks development | |||
| B.Com (Hons.) Banking and Finance | BFM202-1C | Financial Services | Remember the traditional services |
| Understand the financial services industry scenario | |||
| Apply credit rating and other services to market situation | |||
| Analyse the NAV performance | |||
| Create a portfolio of mutual funds | |||
| B.Com (Hons.) Banking and Finance | ACE201-1C | Corporate Accounting | Remember/List accounting concepts, components of accounting cycle, types of shares, format of final accounts of companies |
| Understand methods and record system, different vouchers, issue/forfeiture of shares, purchase consideration and provisions of Companies Act 2013 | |||
| Apply concepts to prepare financial statements, valuation of shares/underwriting commission and provisions of Schedule III of Companies Act | |||
| Analyse the financial statements of various entities and values of shares | |||
| Evaluate financial health and performance of a joint stock company based on its final accounts | |||
| B.Com (Hons.) Banking and Finance | MDC204-1C | Introduction to Macro-Finance | Define Macro Finance and list the basic concept |
| Understand the basic concepts of macroeconomics and finance. | |||
| Apply theoretical concepts to real-world macroeconomic to assess some current and contemporary macro finance issue. | |||
| Analyse the relationship between financial markets, institutions, and macroeconomic variables. | |||
| Evaluate the general macro-economic indicators (GDP, Inflation & Unemployment rate) and their implications | |||
| B.Com (Hons.) Banking and Finance | AEC206-1C | English Communication | Recall the different types of communication (e.g., verbal, nonverbal, written). |
| Explain the conventions and expectations for email communication in various business contexts | |||
| Draft emails using appropriate structure for different business situations | |||
| Analyze how different types of communication impact message delivery and reception | |||
| Assess the appropriateness of tone in email communication. | |||
| B.Com (Hons.) Banking and Finance | SEC206-1C | Yoga in Practice | Remember Yogasana, Pranayama and Mudras |
| Understand Ashtang Yoga | |||
| Practice of Yogasana, Chair yoga, Pranayama and Mudra | |||
| Role of Ashtang Yoga in Character formation | |||
| B.Com (Hons.) Banking and Finance | VAC203-1C | Vedic Mathematics | Recall the history of Vedic Mathematics and memorize Sutras and Up-Sutras. |
| Understand the core concepts and principles of Vedic Mathematics for various arithmetic operations. | |||
| Analyze and solve multiplication problems using different base systems and Vedic methods | |||
| Apply Vedic methods like Urdhav Tirya Vyam to efficiently solve arithmetic problems. | |||
| Evaluate the efficiency of different Vedic techniques and select the most suitable method for a given problem | |||
The Programme Structure:
| FIRST YEAR | ||
|---|---|---|
| SEM I | SEM II | |
| Course Classification | Course Classification | |
| S1 (4 Credits) | S1 (4 Credits) | |
| S2 (4 Credits) | S2 (4 Credits) | |
| S3 (4 Credits) | S3 (4 Credits) | |
| S4 (4 Credits) | S4 (4 Credits) | |
| S5 (2 Credits) | S5 (3 Credits) | |
| S6 (2 Credits) | S6 (3 Credits) | |
| S7 (2 Credits) | S7 (2 Credits) | |
| S8 (2 Credits) | ||
| Total Credits:- 24 | Total Credits:-24 | |
Curriculum
| Course type and Credit | Course No. | Course Title | Course Outcomes |
|---|---|---|---|
| 4 Credits Each | S1 | Conceptual Framework & Financial Statement Presentation | Build a strong conceptual understanding of financial reporting principles and the presentation of general-purpose financial statements that meet IFRS and Ind AS expectations. |
| 4 Credits Each | S2 | Asset & Liability Accounting under IFRS and Ind AS | Develop in-depth understanding of accounting for major balance sheet items across IFRS and Ind AS, with comparative treatment and disclosure expectations. |
| 4 Credits Each | S3 | Advanced Revenue Recognition & Tax Implications | Develop mastery over revenue recognition and related direct and indirect tax considerations, with sector-specific applications. |
| 4 Credits Each | S4 | International Auditing & Assurance | Provide a complete overview of auditing under International Standards on Auditing (ISA), with emphasis on planning, evidence and reporting. |
| 2 Credits Each | S5 | The Audit Brain — Skepticism as Craft | Cognitive biases, fraud indicators, professional skepticism and judgment under uncertainty. |
| 2 Credits Each | S6 | Reading a Room — Behavioural Interviewing | Rapport building, active listening, body language and management inquiries. |
| 2 Credits Each | S7 | AI-Augmented Audit — Digital Tools | Excel, Power BI, prompt engineering and audit analytics with modern AI assistants. |
| 2 Credits Each | S8 | Commercial Communication & Storytelling | Emails, memos, executive summaries and presentations for finance audiences. |
| Course type and Credit | Course No. | Course Title | Course Outcomes |
|---|---|---|---|
| 4 Credits Each | S1 | M & A — Consolidated Group Accounting & Basic Valuation | Integrate group accounting with foundational valuation concepts used in transactions, deal evaluation, and consolidated reporting. |
| 4 Credits Each | S2 | Financial Instruments & Hedge Accounting | Understand classification, measurement, and basic hedge relationships for complex financial instruments under IFRS 9 / Ind AS 109. |
| 4 Credits Each | S3 | Advance Assurance & IT Control Audit | Expose students to advanced assurance engagements and IT Control Audit. |
| 4 Credits Each | S4 | Sustainability (including ESG) | Prepare students for ESG reporting and assurance under emerging global frameworks driving investor and regulatory expectations. |
| 3 Credits Each | S5 | Financial Storytelling for Boards | Structuring board decks, scenario analysis and handling difficult boardroom questions. |
| 3 Credits Each | S6 | Global Transactions and Forex Compliance | Export and import transactions, Overseas remittances, ECB borrowings, ODI and FDI compliance. |
| 2 Credits Each | S7 | Live Industry Internship & Project | 3-4 months internship with faculty mentor, reflective journal and final viva voce. |
Fee Structure
| Self- Finance Programmes | |||||||
|---|---|---|---|---|---|---|---|
| Programme | Intake (English) | Fee Per Semester | Duration | ||||
| PG Diploma International Financial Reporting & Assurance | 100 | Rs. 40,000/- | 1 Years | ||||
Brochure
