B.COM. (HONOURS) ACCOUNTING &

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1 B.COM. (HONOURS) ACCOUNTING & General Information for Students: The Course leading to the degree of Bachelor of Commerce (Honours) Accounting [B.Com. (Hons.) Accounting] of the Department of Accounting, Faculty of Commerce & Management Studies, Jai Narain Vyas University, Jodhpur (Rajasthan) is a Two-Year full-time course run on half-yearly semester basis. The Bachelor of Commerce (Hons.) Accounting Course is intended to be a near terminal academic course. The students who aspire to take up professional courses like M.DAC., MBA, CA, CWA, CS etc. prefer to join this course. The examination for the degree of Bachelor of Commerce (Hons.) will consist of four half-yearly semesters. Course of B. Com. Part I (Pass Course) examination would be common to all the students aspiring for B.Com. degree as well as for admission eligibility to B.Com. (Hons.) Accounting Course. The candidate shall be eligible to apply for admission in this Course after he/she has passed the B.Com. Part I examination or equivalent with at lease 48% of marks in aggregate and 50% marks in accounting group/paper(s). The relaxation in admission rules declared by the University would also be applicable to this course. The students of this course will not seek any employment and/or pursue any other course in which requirement of class/office attendance is a must during teaching hours of this course. An affidavit to this effect shall be submitted at the time of the admission. Teaching Scheme: The structure of the course will comprise of six theory papers in each semester in addition to Class-Assignments, Term-Paper, Seminar, Project and Viva-voce. SEMESTER I Course Code Title of the Paper Lectures Per week Max. Marks Mini. Marks 101 Corporate Accounting Auditing Income-Tax Law & Accounts Advanced Cost Accounting Information Technology & Accounting 106 Corporate Law Class Assignment* Duration of Examination: 3 Hours *Class-Assignments: Each student will be assigned written work relating to the subject concerned by the subject or concerned teacher. In all each student is required to submit one assignment in each (subject) paper of the I-Semester. *The concerned teacher of the each paper i.e will assign one assignment each to every student. The Assignments will be assessed by the teacher concerned and marked out of 100. * The student will be awarded an average of all the six Class-Assignments, and shall be declared pass in 107 only if he/she gets a minimum of 36% of marks i.e. 36 out of 100 SEMESTER II Course Code Title of the Paper Lectures Per week Max. Marks Mini. Marks 201 Advanced Corporate Accounting 202 Fundamentals of Statistics Corporate Tax Law & Practice Management Accounting Decision Support System & Management Information System 206 Business Environment Term-Paper* Duration of Examination: 3 Hours 2

2 *Term-Paper: A group of students will be assigned a topic by the Head of the Department and instructed to prepare a Paper on that topic. *The Term-Paper will be assessed by a panel of examiners (two teachers of the Department), constituted by the Head of the Department. The Term-Paper will be marked out of 100 and the students shall be declared pass in 207 only if he/she gets a minimum of 36% marks. SEMESTER III Course Code Title of the Paper Lectures Per week Max. Marks Mini. Marks 301 Advanced Accounts Business Statistics Business Taxation Financial Management Financial Market Operations Functional Management (a) Seminar* (b) Viva-voce** Duration of Examination: 3 Hours *Seminar: Each group of students will be expected to present a Seminar on the subject assigned by the Head, Department of Accounting in consultation with the teachers teaching the III-Semester. *The Seminar will be assessed by a panel of examiners (2 Teachers of the Department) constituted by the Head, Department of Accounting. And shall be Marked out of 50 separately. The Average of the two will be awarded to the student and shall be declared pass in 307(a) only if he/she gets a minimum of 36% of marks i.e. 18 out of 50 **The Viva-voce examination will be conducted jointly by internal and external examiners appointed by the Examination Committee of the department and shall be declared pass in 307(b) only if he/she gets a minimum of 36% of marks i.e. 18 out of 50 Note: In case a candidate fails to get minimum marks in 307 (a) and/or 307 (b) he/she shall be declared failed and will not be allowed to carry. SEMESTER IV Course Code Title of the Paper Lectures Per week Max. Marks Mini. Marks 401 Accounting Theory Advanced Auditing Indirect Taxes International Financial Management 405 Operations Research Organizational Behaviour (a) Project* (b) Viva-voce** Duration of Examination: 3 Hours *Project: Each group of students will prepare a project report under the guidance of a supervisor on the topic/problem assigned by the Head, Department of Accounting. The project report in duplicate will be submitted in the Department *The Project-Report will be assessed by a panel of examiners (2 Teachers of the Department) constituted by the Head, Department of Accounting. And shall be Marked out of 50 separately. The Average of the two will be awarded to the student and shall be declared pass in 407(a) only if he/she gets a minimum of 36% of marks i.e. 18 out of 50 **The Viva-voce examination will be conducted jointly by internal and external examiners appointed by the Examination Committee of the department and the student shall be declared pass in 407(b) only if he/she gets a minimum of 36% of marks i.e. 18 out of 50 Note: In case a candidate fails to get minimum marks in 407 (a) and/or 407 (b) he/she shall be declared failed and will not be allowed to carry. The class instructions: Student can opt (in the examination form) to give answers in English or Hindi. 6 periods (sessions) of 45 minutes each in a day for six days a week The class instructions for each semester will commence as follows: Semester I : July/August Semester II : January 4

3 Semester III : July Semester IV : January The Examination Scheme: The candidate will take the examinations at the end of the each semester after having attended a regular course of study for the said semester. In order to be eligible to take examination each candidate shall have to fulfill minimum attendance requirement as per the rules and regulations prescribed by the University from time to time. The half-yearly Semester Scheme will be followed. The examinations will be held invariably at a stretch i.e. without any gap. The dates of the commencement of semester examinations will invariably be as follows: Semester I and Semester III Semester II and Semester IV December June A candidate may be promoted to the next semester if he/she fails in not more than two theory paper(s) in the examination of the semester. Such candidates may be permitted to make-up the deficiency at subsequent regular and scheduled examination only. Subsequent examinations of the respective Semesters only will be treated as main examination. There shall be no make-up or special examination for making up such deficiency. The candidate appearing at an examination to make-up the deficiency shall have to appear at such an examination based on the course of studies in force at the time, unless the paper itself no longer forms the part of the course of the studies. In such eventuality the course of study soon before the deletion shall be deemed to be relevant. However, the department shall have no responsibility to organize and impart teaching in the paper in which the candidate has deficiency. Those candidates who appeared at the subsequent examination for clearing the deficiency and passed shall be awarded actual marks obtained. The candidate will not be promoted to the next Semester if he/she fails to qualify the requirements of class assignment, Term-Paper, Seminar, Project and Viva-voce. A candidate failing in any of these will have to re-appear in the same Semester again even though he/she might have passed the theory papers. The candidate who fails at an examination and re-appears as ex-student shall not be required to submit class-assignments or to submit Term-Paper, or to present seminar, or to submit Project and present at the Viva-voce examination provided he/she has already completed the requirements and passed. In such cases the marks obtained in the previous examination shall be carrying forwarded. The candidate will be promoted to the next Semester even if he/she is not able to get pass marks in two theory papers of each Semester. The maximum number of deficiencies (backlog) shall never be more than SIX Papers and not more than TWO from each Semester. A candidate failing to pass any of the Semester Examination will be exempted to reappear in that specific paper in which he/she has obtained 60% or more. The consolidated mark-sheet of the B.Com. (Hons.) Accounting will be issued and the degree will be awarded only after completing all the requirements i.e. passing all the written examinations of all the Four Semesters, and passing in Class Assignments, Term-Paper, Seminar, Project and Vivavoce. The Division: The Division shall be awarded to a successful candidate on the basis of marks of all the examinations in respect of all the semesters as mentioned above on the following basis: B.Com. (Hons.) Accounting Semester I 700 Marks B.Com. (Hons.) Accounting Semester II 700 Marks B.Com. (Hons.) Accounting Semester III 700 Marks B.Com. (Hons.) Accounting Semester IV 700 Marks B.Com. (Honours) Accounting degree will be awarded out of 2800 Marks Division Percentage of Marks First with Distinction 75 and above First 60 and above but less than 75 Second 48 and above but less than

4 Pass 36 and above but less than 48 Division Marks out of 2800 First with Distinction 2100 and above First 1680 and above but less than 2100 Second 1344 and above but less than 1680 Pass 1008 and above but less than 1344 The candidate is supposed to get a minimum of 36% of marks in each course to pass the examination. The candidates who complete the course with the help of make-up or in more than one attempt will not be considered for awarding rank and/or Medal. Note 1: Note 2: Note 3: Pattern of Examination Paper: For grace-marks and re-evaluation the rules and regulations declared by the University from time to time will be applicable. A candidate will have to complete all the requirements of the B.Com. (Hons.) Accounting within Five Academic Sessions. Course and Examination Fee will be charged as per University Rules and Regulations. Question Paper will be divided into three sections namely, Section A, Section B and Section C in each section the questions will be asked as follows: Section A: Intends to test the clarity of concepts and to-the-point knowledge unit-wise. (T-1) Section B: (T-2) 10 very small questions, (two questions from each unit). Each question will carry 2 marks. Answer of each question shall be limited up to 30 words. This part will be compulsory. 10 x 2 = 20 Intends to test the knowledge unit-wise and capability to elaborate and restrain within limited words. 10 small questions (two questions from each unit) students will be required to answer one question from each unit. Each question will carry 07 marks. Answer of each question shall be limited up to 250 words. Section C: (T-3) 5 x 7 = 35 Intends to test the overall-knowledge and capability to explain in detail; of the students. 5 questions (one question from each unit). Students will be required to answer any three questions. Each question will carry 15 marks. Answer of each question shall be limited up to 500 words 3 x 15 = 45 T 1 : Very Small Question T 2 : Small Question T 3 : Detailed Question Note: In case of Numericals, Figures, Charts, Diagrams and Graphs, the above limit of words shall not apply. Unit 2 : Unit 3 : Unit 4 : B.COM. (HONS.) ACCOUNTING, SEMESTER I PAPER 101 CORPORATE ACCOUNTING Issue of Shares and Debentures, Forfeiture and reissue of Shares, Right Issue. Redemption of Preference Shares, Buy-Back of Shares. Underwriting of Shares and Debentures Acquisition of Business. Profit or Loss Prior to Incorporation, Redemption of Debentures Preparation of Final Accounts of Companies having regard to the provisions of the Companies Act, 1956 in general and Schedule VI to the Companies Act in particular, Unit 5 : Statement of Affairs (including deficiency/surplus Account) and Liquidator's Final Statement of Account of the winding up. 7 8

5 Batliboi : Advanced Accounts Gupta, R.R. : Advanced Accounts Shukla and Grewal : Advanced Accounts Maheshwari, S.N. : Advanced Accounts Pickles, W. : Accountancy Gupta, R.L. : Advanced Accountancy PAPER 102 AUDITING Auditing: Meaning, definition, Importance, Accounting and Auditing, Limitations, Detection and Prevention of Frauds and Errors (SA-4), Basic principles governing an audit (SA-1), Types of audit. Internal Control, Internal Check and Internal Audit, Evaluation of Internal Control System (SA-6), Internal Control System regarding purchases, sales, salaries and wages. Audit Procedure : Audit planning, Audit Programme, Audit working papers, Audit files. Audit Evidence: Methods of obtaining audit evidence (SA-5), Vouching-Meaning, Importance, Vouching of cash and trading transactions, Routine Checking and Test Checking. Verification and valuation of Assets and Liabilities. Auditors' Report: Clean and Qualified Audit Report, Disclaimer of opinion, Audit Certificate, Company Auditor Report Order 03 (CARO-03) Spicer and Pegler : Practical Auditing by W.W. Bigg, Indian Edition by S.V. Ghatalia, Allied Publisher Batliboi, J.R. : Principles and Practice of Auditing, the Standard Accountancy Publication, P.Ltd., Bombay Tandan, B.N. : A Hand Book of Practical Auditing, S. Chand & Co., Delhi Chitlangi, L.N. and Gandhi, J.C. : Ankekshan, Ramesh Book Depot, Jaipur Sharma, T.R. : Ankekshan John, B. Thurson : Basic Internal Auditing : Principles and Techniques, International Text Book Co. ICWAI : Guidelines on Cost Audit Leonard : Management Audit, Prentice Hall T.G. Rose : Management Audit, Pitman Kamal Gupta : Contemporary Auditing, Tata McGraw Hill Publishing Co. Brian Jenkins & Anthony Pinkney : An Audit Approach to Computers, The Inst. of Chartered Accts. in England and Wales Vyas and Vyas: Auditing PAPER 103 INCOME TAX LAW & ACCOUNTS Unit 1 : (a) Conceptual Frame-work : Definitions : Residential status and incidence of tax. (b) Exemptions and exclusions: Exempted income and incomes not included in total income. Unit 2 : Heads of Income (1) : (i) Salaries (ii) Income from House Property Unit 3 : Head of Income (2) : Profits and gains of Business or Profession; depreciation allowance, capital gains and income from other sources Unit 4 : Unit 5 : Deductions from GTI: Rebates and reliefs, Clubbing provisions; set off and carry forward of losses. Assessment of an Individual Assessment of H.U.F./Firm/A.O.P. Kanga & Palkiwala : Income Tax, N.M. Tripathi & Sons Ltd., Bombay Ayenger, Sampat : India Income Tax Law Gupta, R.R. : Income Tax Law and Accounts, Agra Book Store Sundram, V. : The Law of Income Tax Act, 1961 Mehrotra, H.C. : Income Tax Law and Accounts for M.Com., Sahitya Bhawan, Agra Bhagwati Prasad : Law and Practice of Income Tax in India, Navmann Prakashan, Aligarh Income Tax Manual, Government of India publication Singhania, Vinod K. & Monika: Student's Guide to Income Tax, Taxman 9 10

6 Unit 1 PAPER 104 ADVANCED COST ACCOUNTING Basic Cost concept, Different types of cost, Cost centre, Cost unit, Cost classification. Unit or Output Costing: Preparation of Cost Sheet, Production Account. Inventory Management and Supply Chain Analysis, Just-in-time Purchases, Materials Requirements Planning (MRP). Unit 2 Cost Book-Keeping: Non-Integrated Accounting System Cost Accounting Ledgers and Control Accounts, Integrated Accounting, Reconciliation of Cost & Financial Accounts. Unit 3 Unit 4 Unit 5 Process Costing: Basic, Joint Products and By-Products, Work-in-progress (Equivalent Production), Inter-Process Profits. Uniform costing and inter firm comparisons. Activity Based Costing: Problems of Traditional Costing; Cost analysis under ABC, institution of ABC. Benefits and weaknesses, Life Cycle Costing; Target Costing. Cost Management Systems; Total Quality Management, Benchmark, Back-flush Costing, Reengineering. Cost Reduction and Value Analysis: Concept and Techniques. Prasad, N.K.: Principles and Practice of Cost Accounting Horngren : Cost Accounting A Managerial Emphasis Saxena V.K., Vashist C.D.: Cost Accounting, Sultan Chand & Sons, New Delhi Bhattacharyya Asish K., Principles & Practice of Cost Accounting, Wheller Publishing, N. Delhi Bhar, B.K. : Cost Accounting Method of Problems ICWA of India : Break Even Concept and Practical Dimensions Roychoudhary and Bhattacharya : Cost and Management Accountancy Methods and Techniques Batty, J.: Management Accounting Kisahr Ravi M. : Advanced Cost Acctg. & Cost System Guru Prasad Murthy : Accounting For Management Backer and Jucobson : Dicisional Phenomena and the Management Accountants H. Maynand : Top Management Hand Book Anthony, R.N. : Management Accounting : Text and Cases Oswal, Srivastava and Bidawat : Advanced Costing Problems Shillinglow Gordon : Cost Accounting Analysis and Control PAPER 105 INFORMATION TECHNOLOGY & ACCOUNTING Data and Information, Need of Information, Quality of Information, Level of Information, Logical and Physical Concept of data, Data Processing System, Data Processing Cycle, Types of data processing system, comparison of manual and Electronic data processing, Advantage of Electronic data processing. Introduction to computer, definition, Block diagram of computer, Generations of computer, Classification of computer, Hardware, Software, Firmware, Human ware and their types. Enabling Technologies, Client-Sever Architecture, Distributed Data Processing, Enterprise Resource Planning (ERP), Internet, Intranet, Extranet, www, LAN, WAN, MAN, Database Management System, Advantages and Disadvantages of Database Management System. Computer Security, Computer Frauds, Internet Frauds, Computer Frauds and abuse techniques, Preventing Computer Frauds, Increase the difficulty of committing the frauds, Improve fraud detection methods, Reduce fraud losses, Introduction to cyber laws. An overview of Accounting Information System (AIS), AIS and Business Organization, Production of Accounting Information, Accounting Procedures and Controls in Computer Environment, Audit of Accounting System using Computer. Agarwala, Lal & Agarwala : Business on the Net, lst Edition, 2000, Macmillan Awad, Elias M. : System Analysis & Design, 2nd Edition 1999, Galgotia Publication (P) Ltd

7 Basadnra, Suresh K. : Computer Systems Today, Ist Ed. 1999, Wheeler Publishing Bodnar, George H. & Hopwood: Accounting Information System, VI Edition 1995, Prentice Hall Gellinas, Sutton & Oram : Accounting Information System, 4th Ed. 1999, South-Western College Kalakota & Whinston : Frontiers of Electronics Commerce, 4th Edition 2000, Addition Wesley Leon and Leon : Internet in a Nutshell, 1998, Leon, Tech. World Singh, Sukhbir : Fundamentals of Computer, BPB Taxali, R.K. : PC Software for Windows, 2000, Tata McGrawHill Publishing Bochar, George E. : Accounting Information System, Allyn and Bacon, London Jain, V.K. : System Design and Business Application, BPB Fundamentals of Computer : Sukhbir Singh, BPB Publication Microsoft Office, 2000 : Sanjay Saxena, Vikas Publication House. Sarrup's Dictionary of Computers : Sanjay Sharma, Sarup & Sons General Computing (Application Software) : Mehta Bangia, Wheeler Put Internet in a Nutshel : Leon & Leon, Leon Techworld E-Commerce Bajaj & Nag (The Cutting Edge of Business): Tata McGraw Hill Computer Fundamentals : Arora & Bansal, Excel, Book The World of Internet : Shamim Ahmed, APH Publishing Corporation Dictionary of Computers & Internet : Gagan Chatwal, Himalaya Publishing House PC Software, R.K. : Taxail, Tata Mc-Graw Hill PAPER 106 CORPORATE LAW Borrowing Powers : Debentures-issue, Floating and Fixed Charge; Registration of Mortgage and Charges, Disposal of Profits-Dividends, Issue of Bonus Shares. Directors, Managing Directors and Manager: Appointment, Retirement, Removal, Duties and Rights, Company Management, Prevention of Mismanagement and Oppressions. Investigation, Winding up of Companies and Legal Provisions under the Indian Companies Act, 1956 Company Secretary : Appointment, Position, Rights, Duties and Liabilities Meeting : Types, Requisities of a Valid Meeting, Members' Meeting : Statutory, Annual General Meeting, Extraordinary General Meeting. Regulatory Powers of SEBI and RBI with reference to Issue of Shares, Listing of Shares and borrowing powers. Kapoor, N.D. : Elements of Company Law Kuchhal, M.C. : Company Law Tuteja, S.K. : Company Administration and Meetings Gower, L.C.B. : Principles of Modern Company Law Shah, S.M. : Lectures on Company Law (N.M. Tripathi) Securities Contracts (Regulation) Act, 1956 Brief History of Company Law : Definition and Characteristics, Lifting of Corporate Veil, Kinds of Companies, Exemptions and Privileges to Private Companies; Promoters Liability, Pre-incorporation Contracts, Formation of Company. Memorandom and Articles of Association; Doctrine of Ultra-virus; Doctrine of Indoor Management. Prospectus : Meaning and contents, Deemed Prospectus; Shares and Debentures : Meaning, Types and their Allotment, Reduction of Share Capital, Buy-Back of Shares PAPER 107 CLASS-ASSIGNMENT 13 14

8 Unit 1 : Unit 2 : B.COM. (HONS.) ACCOUNTING, SEMESTER II PAPER 201 ADVANCED CORPORATE ACCOUNTING Advanced Problems on Final Accounts of Companies, Disposal of Profit and Capitalization of Profits Issue of Bonus Shares. Problems of Amalgamation, (AS-14) and Reconstruction. Aspects of Corporate Restructuring. Skewness: Test of Skewness, its importance, first and second measures of Skewness and their co-efficiencies; Moments and Kurtosis. Correlation (bivariate only): Meaning and significance scatter diagram and correlation graph; Karl Pearson's coefficient of correlation in ungrouped and grouped data by direct and shortcut methods, co-efficient of rank correlation, concurrent deviation and probable error. Unit 3 : Consolidated Accounts of Holding and Group Companies. Unit 4 : Preparation of Final Accounts of Banking Companies and Insurance Companies. Preparation of Final Accounts of Electricity Companies and Double Account System. Batliboi : Advanced Accounts Gupta, R.R. : Advanced Accounts Shukla and Grewal : Advanced Accounts Maheshwari, S.N. : Advanced Accounts Pickles, W. : Accountancy Gupta, R.L. : Advanced Accountancy PAPER 202 FUNDAMENTALS OF STATISTICS Introduction, definition, scope, limitations, collection of data, methods of statistical investigation, Laws of Statistical regularity and inertia of large numbers. Diagrammatic and Graphic representation. Index number: Meaning, Methods of Construction: Fixed Base and Chain Base, simple and weighted. Base Shifting, Base Conversion, Splicing and Deflating. Vital Statistics: Introduction, measurement of Mortality. Elhance, D.N. : Fundamentals of Statistics, Kitab Mahal, Allahabad Nagar and Mittal: Sankhiyiki Ke Mool Tattva, Meenakshi, Meerut Additional Readings: Bajpai, Naval, Business Statistics, Pearson, Delhi Srivastava, T.N. & Shailaja Rego: Statistics from Management, Tata McGraw Hill, New Delhi Yule, G.U. and Kendall M.G. : An Introduction to the Theory of Statistics, Universal Book Stall, New Delhi Croxton F.E., Cowden & Klein : Applied General Statistics, Prentice Hall, New Delhi Unit 1 : PAPER 203 CORPORATE TAX LAW AND PRACTICE Computation of total income in case of companies including non-residents, Co-operative Society. Measures of Central tendency: Mean, Median, Mode, Geometric, Mean, Harmonic Mean Simple and Weighted. Measures of dispersion: Absolute and relative measures of dispersion range, quartile deviation, mean and standard deviation and co-efficients. Unit 2 : Procedure for Assessment : Section 139 to 148 (Return of Income) PAN, Assessments, Methods of Accounting, Accounting standards, Time limit for completion of Assessment, Rectification of mistake etc. Special procedure for assessment of search cases

9 Unit 3 : Liability in special cases : Legal representatives, Representative assessees: provisions applicable to firms, AOP & BOI, executors succession, shipping companies. Recovery of tax in respect of non-resident, persons leaving India, person trying to alienate their property, discontinuation of business & profession charts and profit charts, managerial decisions, application of marginal costing in decision making Standard Costing and Variance Analysis : Concept of Standard Costs, Uses, Cost Variances, Profit and Sales Variances Unit 4 : Unit 5 : Collection and Recovery of tax, TDS, Advance payment of income tax, Interest u/s 234, Refunds and settlement of cases Appeals & Revision, Acquisition of Immovable properties, provisions to counter evasion of tax, Penalties, Offences and Prosecutions, Authorized representation and Miscellaneous provisions. Income Tax Act, Taxmann, New Delhi. Income Tax Rules, Taxmann, New Delhi. Circulars and Notification issued by CBDT V.K. Singhania : Direct Taxes, Taxmann, New Delhi Unit 1 : PAPER 204 MANAGEMENT ACCOUNTING Introduction, Definition, Meaning, Scope, Relationship between Cost and Management Accounting, Fund Flow and cash Flow Analysis, Concept of Fund, Meaning of Flow of Fund, Techniques and preparation, Uses, Limitation. Cash Flow Statement, Meaning, Preparation, Uses, Limitations (AS-3). Analysis and Interpretation of Financial Statements : Ratio Analysis, Meaning. Objective, Limitation. Classifications, Computation and Interpretation, Liquidity, Leverage, Activity and Profitability Ratios. Return on Capital Employed Computation and Uses, Du Point Control Chart. Marginal costing and managerial decisions : The basic concept of Marginal Cost and Marginal Costing, Break Even Analysis and Cost volume profit analysis, Break even Budgets and Budgetary Control : Definition, Objectives, Advantages. Preparation of Budget Manual, Key Factor. Limitations Preparation of different classes of Budgets, Budgetary Control Reports. Responsibility accounting : Meaning and Objectives, Responsibility centres, Types, Expenses Centre, Profit Centre, Investment Centre. Horngren : Cost Accounting-A Managerial Emphasis Robert, N. Anthony : Management Accountancy Manmohan & Goyal, S.N. : Principles of Management Accountancy, Sahitya Bhawan, Agra Batty, J. : Management Accountancy Hingorani, N.L. & Ramanathan, A.R. : Management Accountancy, edited by T.S. Grewal Anthony, R.N. and Welsh, G.A. : Fundamentals of Management Accounting, Richard D. Irwin, 3rd Edition, 1981 Moore, C.L. and Jaedicke, R.K. : Managerial Accounting, South Western, 5th Edition, 1980 Horngren, C.T. : Introduction to Management Accounting, Prentice-Hall, 4th Indian Reprint, 1981 PAPER 205 MANAGEMENT INFORMATION SYSTEM & DECISION SUPPORT SYSTEM MIS meaning and role of management information system systems approach, systems view of business, concepts of synergy & entropy. Management, Organization, Theory and System Approach. Physical and conceptual models of organization, database management systems-objectives and technical overview of hierarchical, network and relational models. Management responsibility 17 18

10 Evolution of Computer based Information Systems EDP, Basic Information. Systems for functional areas-pgmd and non-pgmd decision making, Enterprise wide information systems Planning for an Information System setting goals and objectives, Life-cycle concept, Prototype Approach, System Analysis and Design. Major Trends in Technology, CASE tools. Managerial Decision Making: Decision Making Process, problem solving techniques, how decisions are being supported, decision styles, group decision making features of various CBIS. DSS: Basic configuration of a DSS, support for decision making phases, approach to development of DSS. Models and Facilities used in DSS. Dichotomous model of mind- Newell Simon model, cognition theory/style, heuristics their application in information system design. Al & Expert systems. Features of GDSS and EIS/ESS Gordon B. Davis & Margarete Olson: Management Information Systems, Tata McGraw Hill Pub. Laudon & Laudon: Management Information System, PHI Awad Elian: Additional Readings: Keen, Peter G.W.: Decision Support System an Organizational Perspective, Addison, Wesley Pub. Theierauff, Robert J.: Decision Support System for Effective Planning, Prentice Hall Davis L. Michael W.A.: Management Approach, Macmilan Publishing Company, Prentice Hall, New Jersey Andrew, P.: Decision Support System Engineering, SAGE, John Wiley & Sons, New York, 1991 Leod, Raymond Me J.R.: Management Information Systems, Macmilan Pub. Co. New York, 5 th Ed. Turban, Efrain: Decision Support & Expert System, Management Perspective, Macmillan Pub. Co. New York PAPER 206 BUSINESS ENVIRONMENT Theoretical Framework of Business Environment: Concept, Significance and nature of business environment; Elements of environment-internal and external; changing dimensions of business environment; Techniques of environmental scanning and monitoring. Economic Environment of Business: Significance and elements of economic environment; Economic systems and business environment; Economic planning in India; Government Policies- Industrial Policy; Fiscal Policy, Monetary Policy, EXIM Policy; Economics reforms. Political and Legal Environment of Business: Critical elements of political environment; Government and business; Changing dimensions of legal environment in India; MRTP Act, FEMA and licensing policy; Introduction to Law for Competition. Socio-Cultural Environment: Critical elements of sociocultural environment; Social institutions and systems; social values and attitudes; Social groups; Middle class; Dualism in Indian Society and problems of uneven income distribution; Emerging rural sector in India. International and Technological Environment: Multinational Corporations: foreign collaborations and Indian business; Non-resident Indians and corporate sector; International economics institutions WTO, World Bank IMF and their importance to India; foreign trade policies;; Technological environment in India; Policy on research and development; Patent Law, Technology transfer. Adhikary, M.: Ahluwalia I.J.: Alagh, Yoginder K.: Aswasthappa K.: Chakravarty, S.: Economic Environment of Business, Sultan Chand & Sons, New Delhi Industrial Growth in India, Oxford University Press, Delhi Indian Development Planning and Policy, Vikas Publication, New Delhi Legal Environment of Business, Himalaya Publication, Delhi Development Planning, Oxford University Press, Delhi 19 20

11 Ghosh, Biswanath: Govt. of India: Raj Agarwal & Parag Diwan: Ramaswamy, V.S. & Nama Kumari: Sengupta, N.K.: S.R. Swamy, B.P. Gupta & B.L. Vaishnav: Unit 1 : Economic Environment of Business. Vikas Publication, New Delhi Economic Survey, Various Issues Business Environment, Excel Books, New Delhi Strategic Planning for Corporate Success, McMillan, New Delhi Govt. and Business in India, Vikas Publication, New Delhi Economics and Business Environment, Ramesh Book Depot, Jaipur PAPER 207 TERM-PAPER B.COM. (HONS.) ACCOUNTING, SEMESTER III PAPER 301 ADVANCED ACCOUNTS Valuation of Assets : Inventories, Goodwill, Shares and Business, (AS-26). Investment Accounts: Accounting Standard 13, Accounting for Financial asset and Instrument. Agricultural Farm Accounting, Hotel Accounting, Accounting for inflation. Fund Based Accounting, Introduction to Government Accounting, Corporate Social Accounting and Environmental Accounting. Value Added Statement, Economic Value Added (EVA) Statement, Human Resource Accounting. Batliboi : Advanced Accounting Shukla, M.C. & Grewal, T.S. : Advanced Accounts Gupta, R.L. : Advanced Accountancy Jain and Narang : Advanced Accountancy Chakraborthy, H. : Advanced Accountancy Nambiar, M.C.K. : Advanced Accountancy Agarwal, A.N. : The Higher Science of Accountancy William Pickles : Accountancy Agarwal, S.D. : Financial Accounting Advanced PAPER 302 BUSINESS STATISTICS Correlation: Partial and Multiple (Three Variables only); Regression simple and multiple (Three Variables only). Analysis of time series, meaning and components of time series. Trend and Seasonal Analysis. Interpolation: Need and assumption, Various methods of interpolation. Binomial, Newton's Methods of Finite Difference, Lagrange and Parabolic Curve Method Association of Attributes (Study of Two Attributes), Yule co-efficient of association. Theory of Probability: Addition and multiplication theorems. Combinations and Permutations. Theoretical Frequency Distribution: Binomial, Normal and Poisson distribution Sampling and Test of Significance: Procedure of Hypothesis Testing, Test of proportion, Difference of Two Sample Proportions, Test of Mean Difference between two Samples Means and Difference Test Elhance, D.N. : Fundamentals of Statistics, Kitab Mahal, Allahabad Sanchety D.C. & Kapoor, V.K.: Statistics, Sultan Chand, New Delhi Nagar, Kailash Nath: Sankhiyiki Ke Mool Tatva, Meenakshi, Meerut Additional Readings: Bajpai, Naval, Business Statistics, Pearson, Delhi Srivastava, T.N. & Shailaja Rego: Statistics from Management, Tata McGraw Hill, New Delhi 21 22

12 Yule, G.U. and Kendall M.G. : An Introduction to the Theory of Statistics, Universal Book Stall, New Delhi Croxton F.E., Cowden & Klein : Applied General Statistics, Prentice Hall, New Delhi Unit 1 : Unit 2 : liability. Unit 3 : Unit 4 : PAPER 303 BUSINESS TAXATION C.S.T. : Constitutional History, Definitions, principle for determining different sales, Registration of Dealer, Rate of Tax. C.S.T. Determination of Taxable turn-over, Computation of Tax, Liability, Different forms used under C.S.T. Value Added Tax Act : Definitions, incidence and levy of tax, Computation, Registration of dealer, Exemptions Determination of taxable turn-over, computation of tax C.S.T./V.A.T. : Tax authorities, filling of returns, assessments, payment and recovery of tax, appeal, revision and rectification. Wealth Tax Act : Definitions, incidence of tax, deemed assets. exempted assets, computation of net wealth, Valuation of assets, assessment, appeals, penalties. Unit 5 : Indian Tax System : Central and State Powers of taxation, Distribution of revenue between Centre and State. Finance Commission constitution, functions and recommendations. Central Sales Tax Act 1956 Bare Act of Value Added Tax Central Sales Tax Rules B.L. Gupta : An Introduction to Rajasthan and Central Sales Tax Act, Ramesh Book Depot, Jaipur Wealth Tax Rules, Taxmann, New Delhi V.K. Singhania: Indirect Taxes, Taxmann, New Delhi PAPER 304 FINANCIAL MANAGEMENT The Finance Function : Goals, objectives and functions of financial management. The logic of wealth maximization. Time value of money, Techniques of Compounding and Discounting, Function of Chief Financial officer Capital Budgeting : Techniques of capital budgeting including capital rationing and tax factor, Capital budgeting under uncertainty. Analysis of selected investment decision, Relationship between risk and return Financing Decisions : Cost of Capital; Cost of different Sources of finance, Weighted average cost of capital, Marginal cost of capital. Leverages; concepts, Kinds, DOL, DOF, Combined Leverage, EBIT- EPS Equilibrium point; capital structure patterns; Designing optimum capital structure; Constraints; Various capital structure theories; Different sources of finance; Long, medium and Short term finance Dividend Policy : Determinants of dividend policy, Dividend payout models. Dividend policy and valuation of shares-alternative theories and their mathematical equivalence. Lease Financing, Merger and Acquisition: concept, objectives, strategies of merger; Kinds of merger sell off, spin off, joint venture, tender offer, valuation methods Income Approach. (a) Discounted Cash Flow Method, (b) Capitalized Cash Flow Method; Assets Approach, Market Approach. Working Capital Decisions : Management of Cash, Treasury, Accounts Receivables and Inventories, estimation of working capital, Financing of Working Capital James, C. Van Horne : Financial Management and Policy, Prentice Hall of India J. Fred Westorn and Eugone F. Brigham : Managerial Finance, Dryden Press, 6th Ed

13 Ezra Solomon and John, J. Pringle : Introduction to Financial Management, Prentice Hall of India Ezra Solomon : Theory of Financial Management, Columbia Press Pandey, I.M. : Financial Management, Vikas Publishing House Khan, M.Y. and Jain, P.K. : Financial Management, Tata McGraw Hill PAPER 305 FINANCIAL MARKET OPERATIONS An overview of financial market in India. Money Market: India money market s composition and structure; (a) Acceptance houses (b) Discount houses and (c) Call money market; Recent trends in Indian money market. Capital Market: Security market (a) New issue market (b) Secondary market: Function and role of stock exchange; Listing procedure and legal requirements; Public issue pricing and marketing; stock exchange- National Stock Exchange and over-the-counter exchanges. Bhole, L.M.: Financial Markets and Institutions, Tata McGraw Hill, New Delhi Hooda, R.P.: Indian Securities Market-Investors view point, Excell Books, New Delhi R.B.I.: Functional and Working R.B.I: Report on Currency and Finance R.B.I.: Report of the Committee to review the working of the Monetary System, Chakravarty Committee. R.B.I.: Report of the Committee on the Financial System, Narshimham Committee. PAPER 306 FUNCTIONAL MANAGEMENT Human Resource Management: Evolution of the concept, Importance and Functions. Status of Human Resource Department. Human Resource Planning: Need, Importance and Process. Job Analysis: Objective, Process, Techniques. Job Design: Approaches and Methods. Recruitment: Meaning, Sources, Methods Selection. Meaning, Process and Tests. Placement and Induction. Training and Development: Objectives, Methods and Evaluation of Training and Development Programme. Career Planning and Development Methods, Human Resource Management in Changing Environment. Investors protection: Grievances concerning stock exchange dealing and their removal: Grievance cells in stock exchanges: SEBI; Company Law Board, Press, Remedy through courts. Functionaries on Stock Exchanges; Brokers, sub-brokers, market makers, jobbers portfolio consultants, institutional investors and NRIs Financial Services: Merchant banking-functions and role; SEBI guidelines; Credit rating-concept, functions and types. Chandler, M.V. and Goldfeld, S.M.: Economics of Money and Banking, Harper and Row, New York Gupta, Suraj B.: Monetary Economics, S.Chand and Co., New Delhi Gupta, Suraj B.: Monetary Planning In India, Oxford, Delhi Marketing Management: Concept, Importance, Scope of Marketing, Corporate Orientations towards the Market Place. Marketing Environment. Marketing Research, Meaning, Scope, Contribution Procedure, Tools and Techniques. Product Decision: Planning Process, Product Life Cycle. Pricing Decisions: Factors affecting price determinations, pricing policies and strategies. Promotion Decision: promotion mix Distribution channels and Physical Distribution Decision: Nature, functions, types. Production and Operation Management: Nature, Scope and Factors Influencing Operations Management. Plant location, Layout Planning, Routing, Scheduling, Dispatch and Follow up. Operations for Job, Batch and Mass Production

14 Agarwal, R.D. Organization and Management. Tata McGraw Hill New Dehli Jain, P.L.: Production Management, CBS Publishers, New Delhi Sudha, G.S. Human Resource Management, Ramesh Book Depot, Jaipur Gandhi, J.C.: Marketing: A Managerial Approach Additional Readings: Kotler, Philip and Gary Armstrong: Principles of Marketing, Prentice Hall, New Delhi Saiyadain, Mirza S.: Human Resource Management, Dhanpat Rai and Co. Pvt. Ltd., New Delhi Aswathappa, K. Human Resource Management, Tata McGraw Hill, New Delhi PAPER 307 (a) SEMINAR (b) VIVA-VOCE Unit 1 Unit 2 Unit 3 Unit 4 Unit 5 B.COM. (HONS.) ACCOUNTING, SEMESTER IV PAPER 401 ACCOUNTING THEORY Accounting Theory: Meaning, need and structure development, Income measurement concept, valuation and capital maintenance concept, development of financial accounting standards in India and abroad. Corporate Reporting and Information disclosures: Concept of adequate disclosure, methods of disclosures, Indian company Law and disclosure practice. Current issues in corporate reporting: Reporting for investor and employees and social responsibility accounts, Social Accounting & Reporting. Revenue and Expenses recognition Productivity Accounting: Input output relationship and their Accounting. Human Resource Accounting: Concepts, Methods, Evaluation and Reporting Conceptual Framework of Accounting, Accounting Standards in India and Guidance, Notes on Various Accounting Aspects. Harmonization in Accounting and Reporting: Nature of Harmonization, Recommendation of the report of the advisory group on accounting and auditing RBI, International Accounting Standards Committee & International Accounting Standard Board (IASB), Obstacles in Harmonization. Hendriksen, E.S. : Accounting Theory, Richard D. Irwin Glantierr, M.W.E. and Underdown, E. : Accounting Theory and Practice, Arnold Heinemans Shukla and Grewal : Advanced Accounts, S. Chand & Sons, Delhi Porwal, L.S. : An Introduction to Accounting Theory, Tata McGraw Hill Jawahar Lal: Corporate Financial Reporting, Taxmann Publication (P) Ltd., New Delhi Agarwal, B.D. : Advanced Financial Accounting Jawahar Lal : Contemporary Accounting Issue, Vision Book, New Delhi H. Chakravarti : Advanced Accounts 27 28

15 Lele, R.K. and Jawahar Lal: Accounting Theory, Kitab Mahal, Allahabad Bissa, Chitlangi and Rajpurohit: Advanced Account Bhattacharya Ashish K. Indian Accounting Standards, Tata McGraw Hill. Sharma, T.R. : Higher Auditing, Sahitya Bhawan, Agra Publication of the Institutes of Chartered Accountants of India Relating to Audit Practices PAPER 402 ADVANCED AUDITING PAPER 403 INDIRECT TAXES Unit 1 Unit 2 Unit 3 Concept and philosophy of auditing and its importance in present business scenario, internal control system- Review and Evaluation of Internal control System, Efficacy of Accounting Information System flow charting. Reporting to clients on Internal Control weakness. Planning and audit Development of Audit Programme and audit techniques Company Audit : Auditor's appointment, functions and duties, Planning the Company Audit with special reference to Managerial Remuneration, Loans to Companies under same management, Inter company Investment, Issue on Bonus Shares, Contingencies and events occurring after Balance sheet date and prior- period items. Treatment for Excise duties, Ramification of accounting policy Changes, Accounting Standard 4,5 Audit of Special entities such as Banks, Insurance Companies and Hotels, Non-profit Organisations like clubs, trusts, educational institutions, Co-operative Societies. Tax Audit Unit 4 Investigation: Concept and types, Audit standards and Accounting standards, SA Unit 1 : Unit 2 : Unit 3 : Unit 4 : Unit 5 : Central Excise Duty : History, Nature and Definition, goods, Excisable goods, Manufactured, produced etc., classification of goods, valuation, different types of forms used under excise duty. Administration, Storage and Accounting of goods, Clearance of goods, CANVAT, Assessment, Tax Planning in Excise. Custom Duty : Introduction, Definition, Nature and types of duties, classification, Valuation and different types of forms used in custom, Tax planning in custom, Import and export procedure in customs, Export incentive scheme. FEMA : Definition, Authorised person, Provision of Bank Account in Indian Rupee, Foreign Currency Bank A/c, Restrictions, Realization, repatriation and surrender of Foreign Exchange, Capital A/c transaction GDR/ADR/ FCCB, Different types of forms used in FEMA. Service Tax : Fundamental, Concept, provision and procedure, Taxable services. Unit 5 Auditor's Report: Contents, Qualifications and Notes, Distinction between Audit Report and Audit Certificate Report under Company Audit Report Order (CARO- 2003) Gupta, Kamal : Contemporary Auditing, Tata McGraw Hill Publishing Co. Ltd. Delhi Ghatalia, S.V. : Spicer and Pegler's Practical Auditing, Allied Publishers Tandon, B.N. : A Hand Book of Practical Auditing, S. Chand & Co., Delhi Circulars and Notifications issued by CBDT. Central Excise Rules, Taxmann, New Delhi. Central Excise Act, Taxmann, New Delhi. Custom Act and Rules, Taxmann, New Delhi. V.K. Singhania : Indirect Taxes, Taxmann New Delhi

16 PAPER 404 INTERNATIONAL FINANCIAL MANAGEMENT Unit 1 International Financial Environment, International Financial Market and International Financing : The rise of Multinational Corporation, International Financial System. The Foreign exchange market, the determination of exchange rates. The international monetary system and international economic linkages. Unit 2 Unit 3 Unit 4 Unit 5 Financing Foreign Operations, International financial markets, the Euro Markets, the Development Banks e.g. IMF, World Bank and Asian development bank, Short term Financing-objectives, options and strategy, Special financing vehicles- International leasing, interest rate and currency swaps. LDC- Debt equity swaps. The GDRs. BoP, Foreign Trade Financing & Foreign Exchange Risk Management: Payment terms in international trade, Balance of payment & categories, the international flow of goods services and capital, Financing technique in international trade, Export Financing and Credit Insurance, Counter trade, Foreign exchange risk Management with special reference to Financial Management. International Current Asset Management: International cash, Accounts Receivable and Inventory Management, Inter Company fund flow mechanism. Foreign Investment Analysis: Corporate Strategy and FDI, Designing a global expansion strategy, Capital budgeting for the Multinational Corporation- Issues in Foreign Investment analysis, foreign project appraisal, political risk analysis and its Management. Cost of capital for foreign Investments. Van Horn Financial Management and Policy (PHI) Wod D Bryne J International Business Finance (McMillan) Rita M Rudrigues (PHI) Zeneoff D & Zwick J (PHI) Shapiro A.C. (PHI) Jain, Peyrard & Yadav McMillan India Shapiro A.C. (PHI) Unit 1 Unit 2 Unit 3 Unit 4 Unit 5 PAPER 405 OPERATIONS RESEARCH International Financial Management International Financial Management International Financial Management International Financial Management, Multinational Financial Management Operations Research: Nature, signification and purpose of Operation Research ; Basic concepts and Definition; Methodology of Operation Research; Construction, solution and Testing of the Models; Implementation and Control of the Solution Linear Programming Graphical, trial and error and Simplex Methods; Duality problems. Transportation and Assignment Problems Decision Theory : Statistical Decision Theory ; meaning and scope; decision Framework; Bayesian Decision Theory; Decision Tree; Game Theory and Two Person Zero sum Game, Simulation Network Analysis; PERT and CPM, Sequencing Other OR Techniques; Inventory Control, Input output techniques, Replacement and Maintenance Methods Leonard, W. Hein : the Quantitative Approaches to Managerial Decisions Sesieni, Mauriee, Yespan, Arthur & Friedman, Lawrence : Operation Research Method and Problems Churchman, C.W. Ackoff, R.L. & Asnoff, E.L. : Introduction to Operation Research Miller, R.W. : Schedule, Cost and Profit With Pert 31 32

17 Loomba, N. Paul : Linear Programming Gupta, P.K. & Hira, D.S. : Operations Research : an Introduction (Published by Sultan Chand & Company Ltd. New Delhi ) PAPER 406 ORGANIZATIONAL BEHAVIOUR Introduction to Organizational Behaviour: Definition, Assumption, Significance, Trends and Prospectus, Historical Background for Modern Organizational Behaviour, Research Foundations for Organizational Behaviour, Individual Behaviour in Organizations: Behaviour as an Input-Output Systems, Beliefs, Nature and Dimensions of Attitudes, Values and Perceptions. Amit Sharma Organizational Behaviour, Navkar Publications & Distributors, Jodhpur Additional Readings: Stephen, P. Robbins: Organizational Behaviours, Prentice Hall of India Fred Luthans: Organizational Behaviour, Tata McGraw Hill Davis and Newstorm: Human Behaviour at Work, McGraw Hill International Book Co., New York Group Dynamics: Definition and Importance, types of groups, group formation, group development, group composition, group performance. Factors: principlecentred approach to team development. Organizational Power and Conflict: Meaning of Power, Sources, Effective use of Power, Conflict Meaning, Sources, Types and effect of conflict, Resolution of Conflict. Organizational Change: Concept, the Dilemma of Change. Pressure for change, resistance to change. Theories of planned change; organizational diagnosis; OD Intervention. PAPER 407 (a) PROJECT (b) VIVA-VOCE Organizational Effectiveness: The concept of organizational effectiveness; efficiency and effectiveness and productivity; approaches of organizational effectiveness; contributing factors of organizational effectiveness. V.S.P. Rao & P.S. Narayan: Sharma, R.A.: Bhandari, (Dr.) Deepak & Dr. Organization Theory and Behaviour Organization Theory and Behaviour