b.com af

UNIVERSITY OF MADRAS

BACHELOR DEGREE COURSES - UNDER THE FACULTY OF COMMERCE AND MANAGEMENT SCIENCES (B.COM)

CHOICE BASED CREDIT SYSTEM REGULATIONS

(Effective from the academic year 2008-2009)

1. ELIGIBILITY FOR ADMISSION :

Candidates for admission to the first year of the Degree of Bachelor of Commerce Courses, BBA and B.Sc. Information Systems Management shall be required to have passed the Higher Secondary Examinations (Academic or Vocational Stream) conducted by the Government of Tamil Nadu or an Examination accepted as equivalent thereof by the Syndicate of the University of Madras

2. ELIGIBILITY FOR THE AWARD OF DEGREE: -

A Candidate shall be eligible for the award of the Degree only if he/she has undergone the prescribed course of study in a College affiliated to the University for a period of not less than three academic years, passed the examinations of all the Six Semesters prescribed earning 140 credits and also fulfilled the such conditions as have been prescribed thereof.

3. DURATION:

(a) Each academic year shall be divided into two semesters. The first academic year shall comprise the first and second semesters, the second academic year the third and fourth semesters and the third academic year the fifth and sixth semesters respectively.

(b) The odd semesters shall consist of the period from June to November of each year and the even semesters from December to April of each year. There shall be not less than 90 working 'days for each semester.

4. COURSE OF STUDY:

The main subject of Study for Bachelor Degree shall consist of the following and shall be in accordance with APPENDIX - A

PART -I Tamil or Other Languages

PART-II English

7PART-III CORE Subjects, ALLIED Subjects and PROJECT/ELECTIVE with three courses).

PART-IV1. (a) Those who have not studied Tamil upto XII Std. and taken a non-Tamil language under Part-I shall take Tamil comprising of two courses (level will be at 6 th

standard)(b) Those who have studies Tamil upto XII Std. and taken a non-Tamil

language under Part-I shall take Advanced Tamil comprising of two courses.(c) Other who do not come under a + b can choose non-major elective

comprising of two courses.

2. Skill based subjects (Elective) (Soft Skills)

3. Environmental Studies

4. Value Education

PART-VExtension Activities

5. EXTENSION SERVICE (Part-V)

A candidate shall be awarded a maximum of 1 credits for Extension Service.

All the students shall have to enroll for NSS / NCC / NSO (Sports & Games) Rotract / Youth Red Cross or any other service organizations in the College and shall have to' put in compulsory minimum attendance of 40 hours which shall he duly certified by the Principal of the College before 31st March in a year. If a student LACKS 40 HOURS ATTENDANCE in the First Year, he/she shall have to compensate the same during the subsequent years.

Students those who complete minimum attendance of 40 hours in One Year will get HALF CREDIT and those who complete the attendance of80 or more hours in Two Years will get ONE CREDIT.

Literacy and population Education Field Work shall be compulsory components in the above extension service activities.

6. SCHEME OF EXAMINATION:

Scheme of Examination shall be as given in APPENDIX - B. Model Scheme

Course Component

Name of the course

Inst

. Hou

r

Cre

dit

s

Exa

m

Hou

rs

Max. Marks

Ext.markInt.

markTotal

PART-ILanguage

75 25 100

PART-IIEnglish

75 25 100

PART-IIICore subject :

75 25 100

Core Subject 75 25 100

Allied Subject 75 25 100

PART – IV1.(a) Those who have not studied Tamil

up to XII Std. and taken a Non-Tamil Language under Part-I shall take Tamil comprising of two course (level will be at 6th Standard).

(b) Those who have studies Tamil up to XII Std. and taken a Non-Tamil Language under Part-I shall take Advanced Tamil comprising of two courses.

(c) Others who do not come under a + b can choose non-major elective comprising of two courses.

2*Skill based subjects(Elective) – (Soft Skill)

7. REQUIREMENTS FOR PROCEEDING TO SUBSEQUENT SEMESTERS:

(i) Candidates shall register their names for the First Semester Examination after the admisison in the UG Courses.

(ii) Candidates shall/be permitted to proceed from the First Semester up to Final Semester irrespective of their failure in any of the Semester Examinations subject to the condition that the candidates should register for all the arrear subjects of earlier semesters along with current (subsequent) Semester subjects.

(iii) Candidates shall be eligible to go to subsequent semester, only if they earn, sufficient attendance as prescribed therefor by the Syndicate from time to time, provided in case of a candidate earning less than 50% of attendance in anyone of the semesters due to any extraordinary circumstance such as medical grounds, such candidates who shall produce Medical Certificate issued by the Authorised Medical Attendant (AMA), duly certified by the Principal of the College, shall be permitted to proceed to the next semester and to complete the course of study. Such candidates shall have to repeat the missed Semester by rejoining after completion of Final Semester of the course, after paying the fee for the break of study as prescribed by the University from time to time.

8. PASSING MINIMUM:

A candidate shall be declared to have passed:a) There shall be no Passing Minimum for Internal.b) For External Examination, Passing Minimum shall be of 40%(Forty Percentage) of the

maximum marks prescribed for the paper for each Paper/Practical/Project and Viva-voce.c) In the aggregate (External + Internal) the passing minimum shall be of 40% .d) He/She shall be declared to have passed the whole examination, if he/she passes in all

the papers and practicals wherever prescribed / as per the scheme of examinations by earning 140 CREDITS in Parts-I, II, III, IV & V. He/she shall also fulfill the extension activities prescribed earning a minimum of 1 Credit to qualify for the Degree.

9. CLASSIFICATION OF SUCCESSFUL CANDIDATES:

PART – I TAMIL/OTHER LANGUAGES:TAMIL/OTHER LANGUAGES OTIIER THAN ENGLISH: Successful candidates passing the examinations for the Language and securing the marks (i) 60 percent and above and (ii) 50 percent and above but below 60 percent in the aggregate shall be declared to have passed the examination in the FIRST and SECOND Class respectively. All other successful candidates shall be declared to have passed the examination in the THIRD Class.

PART – II ENGLISH:ENGLISH: Successful candidates passing the examinations for English and securing the marks (i) 60 percent and above and (ii) 50 percent and above but below 60 percent in the aggregate shall be declared to have passed the examination in the FIRST arid SECOND Class respectively. All other successful candidates shall be declared to have passed the examination in the THIRD Class.

PART - III CORE SUBJECTS, ALLIED SUBJECTS, AND PROJECT/ELECTIVES : Successful candidates passing the examinations for Part-III Courses together and securing the marks (i),60 percent and above (ii) 50 percent and above but below 60 percent in the aggregate of the marks prescribed for the Part-III Courses together shall be declared to have passed the examination in the FIRST and SECOND Class respectively. All other successful candidates shall be declared to have passed the examinations in the THIRD Class. .

PART-IV (consisting of sub items 1 (a), (b) & (c), 2, 3 and 4) as furnished in the Regulations 4 Part-IV supra.

PART -V EXTENSION ACTIVITIES: Successful Candidates earning a minimum of Half Credit or a maximum of One Credit SHALL NOT BE taken into consideration for Classification / Ranking / Distinction.

10. RANKINGCandidates who pass all the examinations prescribed for the Course in the FIRST APPEARANCE ITSELF ALONE are eligible for Ranking / Distinction;

provided in the case of Candidates who pass all the examinations prescribed for the Course with a break in the First Appearance due to the reasons as furnished in the Regulations 7. (iii) supra are only eligible for Classification.

11. TRANSITORY PROVISION:

Candidates who have undergone the course of study prior to the academic year 2008-2009 will be permitted to appear for the examinations under those Regulations for a period of TWO years i.e. upto and inclusive of April May 2012 Examinations. Thereafter, they will be permitted to appear for the examination only under the Regulations then in force.

12. PATTERN OF QUESTION PAPER

Part - A( 30 words)

10 out of 12 questions 10 x 2 marks = 20 marks

Part – B ( 200 words)

5 out of 7 questions 5 x 5 marks = 25 marks

Part - C ( 500 words)

3 out of 5 questions 3 x 10 marks = 30 marks -----

Total 75 marks ------

-----------------

BACHELOR OF COMMERCE (ACCOUNTING AND FINANCE)B.Com.(AF)

I SEMESTER CREDITS HOURSLanguage 3 6English 3 6Core Subject – Financial Accounting I 4 5Core Subject – Business Economics 4 5Allied – Business Statistics 5 6Skill based subject 2 -Non-Tamil Students : Tamil (VI Std)Tamil Students : Non – Major Basics of Retail marketing 2

2

23 30

II SEMESTER CREDIT HOURS

Language 3 6English 3 6Core Subject – Adv. Financial Accounting II 4 5Core Subject – International Economics. 4 5

Allied –Quantitative analysis for management 5 6

Skill based subject 2 -Non-Tamil Students : Tamil (VI Std)Tamil Students : Non – Major Fundamentals of insurance 2 2

23 30

THIRD SEMESTER

PART COURSE COMPONENTS

COURSE TITLE Credit Ins. Hrs/ Week

MarksCIA Ext.

Exam

Total

SEMESTER – IIIIII Core – V Corporate Accounting I 4 6 25 75 100

Core –VI Business law 4 5 25 75 100Core-VII Business Management 4 5 25 75 100Core –VIII Business Correspondence 4 5 25 75 100

Principles of E- commerce 4 5 25 75 100IV 2 Personality enrichment 3 2 40 60 100IV 3 Soft Skill

FOURTH SEMESTER

PART COURSECOMPONENTS


Marks

CIA

Ext.Exam

Total

III Core –IX Corporate Accounting II 4 6 25 75 100Core –X Company Law 4 5 25 75 100Core –XI Banking theory law & Practice 4 5 25 75 100Core –XII Computer Applications in

business 4 5 25 75 100

Allied –IV Indian Economy 4 6 25 75 100IV 2 Soft Skill 3 2 40 60 100IV 3 Environmental Studies 2 1 25 75 100

FIFTH SEMESTER



MarksCIA Ext.

Exam

Total

SEMESTER – VI Core –XIII Practical Auditing 4 6 25 75 100

Core -XIV Cost Accounting I 4 5 25 75 100Core-XV Income Tax Law & Practice – I 4 6 25 75 100Core –XVI Financial Management 4 6 25 75 100

II Elective – I : Entrepreneurial development

4 6 25 75 100

IV 4 Value Education 1

SIXTH SEMESTER



Marks

CIA Ext.Exam

Total

I Core – XVII Management Accounting 4 6 25 75 100Core –XVIII Cost Accounting II 4 6 25 75 100Core -XIX Income Tax Law & Practice – II 4 5 25 75 100

II Elective – II : (1) Working Capital Management

5 6 2540

7560

100100

Elective – III : Human Resource Management5 6

25

25

75

75

100

100V Extension activities 1

BACHELOR OF COMMERCE (ACCOUNTING AND FINANCE)B.Com. (AF)

SYLLABUS

I SEMESTER

FINANCIAL ACCOUNTING - I90 Hours

Semester I Credits: 5

Objective: To teach the basics of financial accounting, maintaining books of accounts and records, preparation of routine financial statements to provide financial information to the decision-makers.

UNIT-I (10 Hours) Meaning & Scope of Accounting, Basics accounting concepts & conventions. Preparation of Final accounts of sole propriety concerns

UNIT-II (20 Hours) Classification of Errors-Rectification of Errors, Preparation of Suspense A/c Bank Reconciliation Statement

UNIT-III (20 Hours) Depreciation-Meaning, Causes, Types Problems on Straight line method & Witten down value method (including change in method)

UNIT-IV (20 Hours) Single entry-Meaning, Features, Defects, Difference between Single Entry & Double Entry

System Statement of Affairs Method-Conversion Method

UNIT-V (20 Hours) Hire Purchase & Installment-Default & Repossession Hire Purchase Trading Account

TEXT BOOKT.S Reddy & A.Reddy, 2007, Financial Accounting, 5th Ed., Margham Publications, Chennai.

REFERENCES1. Tulsian, 1998, Financial Accounting, 6th Ed., Tata McGraw-Hill, New Delhi.2. R.L.Gupta & V.K.Gupta, 2005, Financial Accounting, 6th Ed., Sultan Chand & Sons, New Delhi.3. R.L.Gupta & Radhaswamy, 1998, Financial Accounting, 15th Ed., Sultan Chand & Sons, New

Delhi.4. Shukla & Grewal, 2002, Advanced Accounting, 15th Ed., Sultan Chand & Sons, New Delhi.5. S.P.Jain & K.L.Narang, 1999, Financial Accounting, 4th Ed., Kalyani Publishers, Ludhiana.6. www.bizes.co.uk/learn/accounting/financial/index.htm 7. www.quickmba.com/accounting/fin/index.html

http://www.quickmba.com/accounting/fin/index.html

http://www.bizes.co.uk/learn/accounting/financial/index.htm

BUSINESS ECONOMICS (Core Subject)

UNIT I

Introduction to Economics – Wealth, Welfare and Scarcity Views on Economics – Positive and Normative Economics

Definition – Scope and Importance of Business Economics

Concepts: Production Possibility frontiers – Opportunity Cost – Accounting Profit and Economic Profit – Incremental and Marginal Concepts – Time and Discounting Principles – Concept of Efficiency

UNIT II

Demand and Supply Functions:

Meaning of Demand – Determinants and Distinctions of demand – Law of Demand – Elasticity of Demand – Demand Forecasting – Supply concept and Equilibrium

UNIT III

Consumer Behaviour: Law of Diminishing Marginal utility – Equimarginal Utility – Indifference Curve – Definition, Properties and equilibrium

UNIT IV

Production: Law of Variable Proportion – Laws of Returns to Scale – Producer’s equilibrium – Economies of Scale

Cost Classification – Break Even Analysis

UNIT V

Product Pricing: Price and Output Determination under Perfect Competition, Monopoly – Discriminating monopoly – Monopolistic Competition – Oligopoly – Pricing objectives and Methods

Recommended Texts

1. S.Shankaran, Business Economics - Margham Publications - Ch -172. P.L. Mehta, Managerial Economics – Analysis, Problems & Cases - Sultan Chand &

Sons - New Delhi – 02.3. Francis Cherunilam, Business Environment - Himalaya Publishing House - Mumbai – 04.4. Peter Mitchelson and Andrew Mann, Economics for Business - Thomas Nelson

Australia - Can -004603454.5. C.M.Chaudhary, Business Economics - RBSA Publishers - Jaipur - 03.

BUSINESS STATISTICS60 Hours

Semester I Credits: 4

Objective: To provide the students knowledge of quantitative techniques that is increasingly applied in decision-making in business.

UNIT-1 (7-Hours) Introduction. Classification and Tabulation of statistical data. Diagrammatic and Graphical representation of data.

UNIT-II (15-Hours) Measure of Central Tendency, Mean, Median, Mode. Dispersion, Range, Quartile Deviation, Standard Deviation.

UNIT-III (15-Hours) Karl Pearson’s Correlation. Spearman’s rank Correlation. Regression Lines and Coefficients. Index Numbers-Aggregative and Relative Index, Chain and Fixed Index, Wholesale Index, Cost

of Living Index.UNIT-IV (15-Hours)

Sampling techniques. Types of samples and sampling procedures. Probability-Addition and Multiplication Theorem

UNIT-IV (8-Hours) (Practicals) SPSS-Introduction, Data entry, Analysis using descriptive option-correlation & regression.

TEXT BOOKP.R.Vittal, 2005, Business Statistics & Operations Research, 3rd Ed., Margham Publications,

Chennai.REFERENCES

1. R S.N.Pillai & Bagavathi, 2004, Practical Statistics, 6th Ed., S.Chand & Co., New Delhi.2. Agarwal B.L., 1996, Basic Statistics, 3rd Ed., New American Publishers, New York.3. Agarwal, 2005, Business Statistics & Operations research, 2nd Ed., Kalyani Publishers,

Ludhiana.4. S.P.Gupta & P.K.Gupta & Manmohan,2005, Business Statistics & Operations Research, 13th

Ed., Sultan Chand & Sons, New Delhi.5. Levin.I.Richard & Rubin.S.David, 1996, Statistics for Management, 6th Ed., Prentice Hall of

India, New Delhi.6. www.home.ubalt.edu/ntsbarsh/_Business-stat .

http://www.home.ubalt.edu/ntsbarsh/_Business-stat

BASIC OF RETAIL MARKETING (NON – MAJOR)

Semester: I Paper VI

Course Objective :

1. To Expose The Students To Various Trend In Retail Business.

2. To Provide The Basic Understanding To Broad Set Of Specialized Activities And Techniques In

Managerial Retail Business

3. To Motivate The Students To Take Up Retailing Business As A Carrier.

Unit :I

Retailing – Definition – Retail Marketing – Growth Of Organized Retailing In India – Importance Of

Retailing

Unit : II

Function of Retailing – Characteristics Of Retailing – Types Of Retailing – Store Retailing – Non Store

Retailing.

Unit : III

Retail Location Factors – Branding In Retailing – Private Labeling – Franchising Concept.

Unit : IV

Communication Tools Used In Retailing – Sales Promotion, E –Tailing – Window Display.

Unit: V Supply Chain Management – Definition – Importance – Role Of Information Technology In

Retailing.

Recommended Books :

1. Gilbert Pearson , Retail Marketing Education Asia , 2001

2. Vedamani Gibson , Retail Marketing Jaici Publishing House New Delhi – 2000

3. Berman & Evans Retail Management Phi , New Delhi 2001

4. Michael Levy And Barton A Weitz, Retailing Management Tata Mc , Graw Hill, New Delhi 2001

5. Dr. L. Natarajan Retail Marketing Margham Publication Chennai

II SEMESTER

FINANCIAL ACCOUNTING II

90 HoursSemester II Credits: 5

Objective: To teach the basics of financial accounting, maintaining books of accounts and records, preparation of routine financial statements, and financial information to the decision-makers.

UNIT-I (15 Hours) Branch Accounts-Dependent Branches-Stock & Debtors System Independent Branch (Foreign Branches Excluded)

UNIT-II (15 Hours) Departmental Accounts-Basis for allocation of expenses Inter-departmental transfer at cost or selling price Treatment of expenses which cannot be allocated

UNIT-III (15 Hours) Meaning of Royalty-Explanation of Technical Terms Accounting Treatment-Journal Entries-Treatment in Final Accounts

UNIT-IV (20 Hours) Admission of a Partner Retirement of a Partner Death of a Partner

UNIT-V (25 Hours) Dissolution of a Partnership Insolvency of a Partner (Application of Indian Partnership Act, 1932 and Garner Vs. Murray) Insolvency of all Partners Gradual realization of assets and Piecemeal distribution

TEXT BOOKT.S.Reddy & A.Reddy, 2007, Financial Accounting, 5th Ed., Margham Publications, Chennai.

REFERENCES1. P.C.Tulsian, 1998, Financial Accounting, 6th Ed., Tata McGraw Hill, New Delhi.2. R.L.Guptha & V.K.Guptha, 2005, Financial Accounting, 6th Ed., Sultan Chand & Sons, New

Delhi.3. R.L.Guptha & Radhaswamy, 1998, Financial Accounting, 8 th Ed., Sultan & Chand Sons, New

Delhi.4. Shukla & Grewal, 2002, Advanced Accounting, 15th

Ed., Sultan Chand & Sons, New Delhi.5. S.P.Jain & K.L.Narang, 1999, Financial Accounting, 4th Ed., Kalyani Publishers, Ludhiana.6. www.bized.co.uk/learn/accounting/financial/index.htm 7. www.quickmba.com/accounting/fin/index.html

http://www.quickmba.com/accounting/fin/index.html

http://www.bized.co.uk/learn/accounting/financial/index.htm

INTERNATIONAL ECONOMICS (Core Subject)

UNIT I

International Trade – Importance of International Trade, Theories of Foreign Trade: - Theories of Adam Smith, Ricardo, Haberler’s Hechsher-Ohlin

UNIT II

Balance of Trade, Balance of Payment – Concepts – Causes of Disequilibrium, Methods to Correct Disequilibrium – Fixed and Floating Exchange Rates – Euro – Dollar Marketing (An Over View)

UNIT III

Export Management – Export Procedure and Documents – Export Finance – Export Promotion – Export Pricing.

UNIT IV

International Economic Organizations and its Functions

IMF, IDA, IFA, IBRD, ADB, UNCTAD, UNIDO

UNIT V

WTO and Trade Liberalization – Liberalization of Trade in Manufacturing and in Agricultural Trade – TRIPS, TRIMS – Indian Patent Law

Recommended Texts

1. Francis Cherunilam, International Trade and Export Management - Himalaya Publishing House - Mumbai – 04.

2. Paul.R.Krugman and Maurice Obstfeld, International Economics (Theory and Policy) - Pearson Education Asia - Addison Wesley Longman (P) Ltd. - Delhi – 92.

3. Robert J.Carbaugh, International Economics - Thomson Information Publishing Group - Wadsworth Publishing Company - California.

4. H.G. Mannur, International Economics – Vikas Publishing House (P) Ltd - New Delhi -14.

QUANTITATIVE ANALYSIS FOR MANAGEMENT

Course Objective :

(i) To Understand and apply operational tools in business.

(ii) To enrich the students in operational Research Activities and guide them in future

prospects.

Unit :I

Origin and Development of OR - Introduction – Definitions – Scope of Operations Research –

Phases of OR –Models in operations Research Advantages of a model.

Unit : II

Linear Programming – Formulation of LP Problem – Graphical solution – Simpler method –

Procedure of solving LPP by Graphical method. LPP (Maximization and Minimizations)

Unit : III

Transportation problem – Introduction – Mathematical formation – Definitions – Optimal

Solution – North West Corner Rule – Least Cost or Matrix Minima Method Vogel’s

Approximation method (Simple Problem).

Unit : IV

Assignment Problem – Introduction – Definition – Mathematical formulation of the Assignment

problem – Difference between Transportation and Assignment problem unbalanced Assignment

problem – Maximization Assignment Problem (Simple)

Unit : V

Network Analysis – PERT and CPM (No crashing)

Recommended Books :

1. Statistical methods – S.P. Gupta – Sultan 2000 and OR

2. Operational Research –Hira and Gupta S.Chand.

3. Operational Reserach – Dr.P.R. Vital Margham.

FUNDAMENTAL OF INSURANCE (NON MAJOR)

Course Objective:

Level of Knowledge – Basic Level

Unit :I

Origin And History Of Insurance – Meaning And Definition Of Insurance - Features Of Insurance –

Principle Of Insurance – Objective And Advantage Of Insurance – Types Of Insurance – Insurance –

Insurance Organization In India And Their Profile – Insurance Regulatory And Development Authority –

Its Duties And Functions.

Unit : Ii

Meaning And Definition Of Life Insurance – Its Features – Its Fundamental Principles – Types Of

Policies In Life Insurance - Meaning And Definition Of Fire Insurance – Its Features – Its Fundamental

Principles – Types Of Policies In Fire Insurance – Meaning And Definition Of Marine Insurance – Its

Features – Its Fundamental Principles – Types Of Policies In Marine Insurance.

Recommended Books:

1. A. Murthy : Elements Of Insurance

2. M.N.Mish : Insurance – Principles And Practice

III SEMESTER

CORPORATE ACCOUNTING - I

90 HoursSemester III Credits: 5

Objective: To provide conceptual understanding of fundamentals skills to determine business income and financial position in select types of entities in conformity with the provisions of Companies Act and latest amendment of Accounting Standards.

UNIT-I (12 Hours) Issue of Shares-Various kinds-issued at par Premium and at discount-forfeiture and reissue of shares Issue of debentures-conversion of debenture into shares

UNIT-II (23 Hours) Underwriting of shares and debentures Redemption of preference shares and debentures.

UNIT-III (20 Hours) Purchase of business-debtors and creditors taken over and not taken over Preparation of profit and loss accounts and balance sheet of companies-legal requirement,

Calculation of managerial remuneration, notes on accounting. Profits prior to incorporation.

UNIT-IV (15 Hours) Valuation of Goodwill and valuation of shares

UNIT-V (20 Hours) Alteration of share capital of a company Internal reconstruction of a company

TEXT BOOKT.S. Reddy & A. Murthy, 2007, Corporate Accounting, 5th Ed., Margham Publication, Chennai.

REFERENCES1. R.L. Gupta & V.K. Gupta, 2003, Advanced Accountancy-II, 10th Ed., Sultan Chand & Sons, New

Delhi.2. Jain & Narang, 2004, Advanced Accounting-II, 9th Ed., Kalyani Publications, Ludhiana.3. R.L. Gupta & M. Radhaswamy, Advanced Accountancy-II, 1999, 13th Ed., Sultan Chand & Sons,

New Delhi.4. Shukla & Grewal, 2002, Advanced Accountancy-II, 15th Ed., Sultan Chand & Sons, New Delhi.5. www.3.intrescience.wiley.com/journal/60500170/home 6. En.wikipedia.org

http://www.3.intrescience.wiley.com/journal/60500170/home

BUSINESS LAW


Objective: To provide a learning of the business laws of the land.

UNIT-I (20 Hours) Meaning and Scope of Law of Contract Essential Elements and Kinds of Contract Offer and Acceptance, Consideration, Capacity Free Consent and Legality of Object

UNIT-II (10 Hours) Performance and Discharge of Contract Remedies for Breach of Contract Quasi Contracts

UNIT-III (10 Hours) Contract of Indemnity Contract of Guarantee Bailment and Pledge.

UNIT-IV (20 Hours) Sale of Goods Act, Formation Conditions and Warranties Transfer of Property-Performance Rights of an Unpaid Seller-Auction sale

UNIT-V (15 Hours) Contract of Agency Types and Creation of Agency Duties and Rights of Principal and Agent Termination of Agency

TEXT BOOKN.D.Kapoor, 2003, Business Law, 4th Ed., Sultan Chand & Sons, New Delhi.

REFERENCES1. R.S.N.Pillai & Bhagavathi, 2004, Business Law, 3th Ed., S.Chand & Co., New Delhi.2. S.S.Gulshan & G.K.Kapoor, 2001, Business Law, 9th Ed., New Age International, New Delhi.3. Dr.M.R.Sreenivasan, 2005, Business Law, 2nd Ed., Margham Publications, Chennai.4. P.C.Tulsian, 2004, Business Law, 2nd Ed., Tata McGraw Hill, New Delhi.5. www.indialaws.info 6. http:/invest.economictimes.indiatimes.com/question/faqs/commerciallaw.htm

http://www.indialaws.info/

BUSINESS MANAGEMENT


Objective: To enable students to acquire a basic understanding of the concepts of management and to develop their managerial thinking and orientation.

UNIT-I (12 Hours)Management, meaning, role of management-management process-Role and functions of

manager-Levels of management-Contributions of Taylor, Fayol, Drucker..

UNIT-II (13 Hours)Planning-Nature, Characteristics, merits and Demerits-Types of plans-Steps in Planning-

Objectives-Concept of MBO and MBE-Decision making-Individual and Group decisions.

UNIT-III (20 Hours)Organizing-Types of Organizations-Organization Structure-Authority and Responsibility-

Delegation of authority: Principles, Types Advantages and Barriers, Departmentation & Decentralisation-Groups in Organisations

UNIT-IV (15 Hours)Staffing-Nature and importance-Motivation-Theories of motivation (Maslow, Herzberg and

Gregor)-Leadership Styles-Autocratic, Participative, Laissez Faire and Paternalistic.

UNIT-V (15 Hours)Directing-Nature and Purpose-Supervision-Span & Factors determining span of supervision-

Control-Meaning & Importance-Control Process-Traditional and modern techniques-Co-ordination-Need, Types and techniques.

TEXT BOOK1. Dinkar Pagare, 2005, Principles of management, 5th Ed., Sultan Chand & Sons, New Delhi.

REFERENCES1. L.M.Prasad, 2005, Principles and practice of Management, 5th Ed., Sultan Chand & Sons, New

Delhi.2. CB Gupta, 2004, Business Management, 5th Ed., Sultan Chand & Sons, New Delhi.3. Koontz & H Weihrich, 1994, Management-A Global Perspective, 3rd Ed., McGraw Hill, New

York.4. James F Stoner & Charles, 2002, Management, 3rd Ed., Prentice Hall of India, New Delhi.5. www.management.about.com 6. www.bcs.wbfreeman.com

http://www.management.about.com/

BUSINESS CORRESPONDENCE


Objective: To provide the necessary skills for the students to communicate effectively which is crucial for the success of any organization.

UNIT-I (15 Hours) Analysis of business letters Basic Principles in drafting Appearance and layout, letter style

UNIT-II (15 Hours) Types of business letters, Letter of enquiry Quotations, offers, orders, cancellation Complaints & Settlement Circular Letter of recommendation, Reference letters, Rejection letters

UNIT-III (15 Hours) Report writing, Format, Report style and language Role of computers in Business Correspondence Art of public speaking Making a presentation about an idea or a product.

TEXT BOOK1. N.S.Raghunathan & B.Santhanam, 2004, Business Communication, 2nd Ed., Margham

Publications, Chennai.2. Varinder Kumar & Bodh raj, 2005, Business Communication, 1st Ed., Kalyani Publication,

Ludhiana.

REFERENCES1. Rajendra Pal & Korlahalli J.S., 2002, Essentials of Business Communication, 9 th Ed., Sultan

Chand & Sons, New Delhi.2. R.S.N.Pillai & V.Bagavathi, 2003, modern Commercial Correspondence, 10 th Ed., S.Chand &

Company, New Delhi.3. C.B.Gupta, 2005, Business Communication, 2nd Ed., Sultan Chand & Sons, New Delhi.4. S.Karthireasan & Dr.V.Radha, 2004, Business Communication, 6 th Ed., Prasanna Publishers,

Chennai.5. http://www.1000ventures.com/business_guide/crosscuttings/biz_communication_main.html 6. http://www.hodu.com/business-communication-menu.html

http://www.hodu.com/business-communication-menu.html

http://www.1000ventures.com/business_guide/crosscuttings/biz_communication_main.html

PRINCIPLES OF E-COMMERCE


Objective: To provide the basic Concepts about E-Commerce, E-Marketing, E-Security and Payment systems.

UNIT-I (15 Hours) History of e-commerce and Indian business content:- Emergency of WWW Advantages of e-

commerce-Disadvantages of e-commerce- E-transition challenges for Indian corporate. Business models for commerce: - E-business models

based on the relationship of transaction parties.

UNIT II (20 Hours) E-Marketing:- Traditional Marketing-Identifying web presence goals-online Marketing E-Advertising-Internet Marketing trends-E-branding-marketing strategies

UNIT III (20 Hours) E-Security:- Security on the internet-Network and website security risks E-Business Risk Management issues-Firewall concept

UNIT IV (20 Hours) E-Payment Systems: - Digital payment requirements-Digital token base payment systems. Classification of new E-Payment systems-Properties of E-Cash.

UNIT V (15 Hours) Cheque payment systems on Internet-Risk and E-Payment systems. Designing E-Payment systems-Digital signature-Online stock trading.

TEXT BOOK1. P.t.Joseph, 2007, E-Commerce an Indian Perspective, 2nd Edition, Prentice-Hall of India Private

Ltd, New Delhi.

REFERENCES1. Marilyn Greenstein, Todd M.Feinman, 2000, Electronic commerce, 1st Edition, Tata McGraw

Hill Publications, New Delhi.2. Kolakota and Whinston, 2000, Frontiers of Electronic commerce, 1st Edition, Pearson Education

Private Limited, New Delhi.3. David Whiteley, 2001, E-Commerce:-Strategy, Technologies and Application, 1st Edition, Tata

McGraw hill Publications, New Delhi.4. Ravi Kalakota, 2007, Electronic Commerce-a noger’s guide, 1st Edition, Pearson Education

Private Limited, New Delhi.5. Kamlesh K.Bajaj, 2005, E-Commerce, The cutting edge of Business ED2, 2nd Edition, Tata

McGraw Hill Publications, New Delhi.6. www.mielesecurity.com 7. www.cyberwebglobal.com

http://www.cyberwebglobal.com/

http://www.mielesecurity.com/

CORPORATE ACCOUNTING - II

90 HoursSemester IV Credits: 5

Objective: To develop skills to determine business income and financial position in select types of entities, transactions and circumstances and to develop awareness in conformity with the provision of Companies Act and latest amendment of Accounting Standards.

UNIT-I (10 Hours) Preparation of accounts of banking companies including balance sheet

UNIT-II (20 Hours) Amalgamation, absorption and external reconstruction of a company with particular reference AS

– 14.

UNIT-III (20 Hours) Preparation of final accounts including balance sheet of insurance company as per IRDA (Life,

Marine and Fire).

UNIT-IV (20 Hours) Liquidation of companies Statement of affairs and deficiency account-liquidators statement of account. Accounting for price level changes

UNIT-V (20 Hours) Accounts of holding companies (Inter-company investments excluded) Preparation of profit and loss account and consolidated balance sheet.

TEXT BOOKT.S. Reddy & A. Murthy, 2007, Corporate Accounting, 5th Ed., Margham Publication, Chennai.

REFERENCES1. R.L.Gupta & V.K.Gupta, 2003, Advanced Accountancy-II, 10th Ed., Sultan Chand & Sons, New

Delhi.2. Jain & Narang, 2004, Advanced Accounting-II, 9th Ed., Kalyani Publications, Ludhiana.3. R.L.Gupta & M.Radhaswamy, 1999, Advanced Accountancy-II, 13th Ed., Sultan Chand & Sons,

New Delhi.4. Shukla & Grewal, 2002, Advanced Accountancy-II, 15th Ed., Sultan Chand & Sons, New Delhi.5. www.3.interscience.wiley.com/journal/60500170/home 6. En.wikipedia.org

http://www.3.interscience.wiley.com/journal/60500170/home

COMPANY LAW

75 HoursSemester IV Credits: 4

Objective: To teach the legal environment within which various forms of business organization can function. This course enables student to analyse a legal complexity, through logic and reasoning.

UNIT-I (15 Hours) Meaning, Definition & Features of a Joint Stock company Kinds of Companies Promotion, Role of Promoters-Incorporation of a Company

UNIT-II (15 Hours) Memorandum of Association, Contents & Alteration Articles of Association, Contents & Alteration Prospectus, Contents & Consequences of misstatement Doctrine of Ultra Virus & Indoor Management.

UNIT-III (15 Hours) Directors-Appointment, Qualification-Disqualification Membership in a Company, Modes of acquiring Membership Rights and Liabilities of Members, Termination of Membership Corporate Governance- Meaning, benefits of good governance, factors influencing corporate

governance.

UNIT-IV (10 Hours) General and Statutory Meeting, Extraordinary Meetings Resolutions, Meaning and Kinds Role of Company Secretary with respect to meetings

UNIT-V (20 Hours) Meaning and modes of winding up Powers of court in winding up Consequences and procedures for winding up Powers, Liabilities and Duties of Liquidators

TEXT BOOKN.D.Kapoor, 2003, Elements of Company Law, 27th Ed., Sultan Chand & Sons, New Delhi.

REFERENCES1. S.Kathireasan & Dr.V.Radha, 2006, Company Law, 6th Ed., Prasanna Publishers, Chennai.2. P.C.Tulsian, 2005, Business & Corporate Laws, 1st Ed., Tata McGraw Hill, New Delhi.3. Majumdar & G.K.Kapoor, 2005, Company Law, 9th Ed., S.Chand & Sons, New Delhi.4. H.R.Machiraju, 2004, Corporate Governance, 1st Ed., Himalaya Publishing House, Mumbai.5. www.mca.gov.in 6. www.companylawonline.com

http://www.companylawonline.com/

http://www.mca.gov.in/

BANKING THEORY LAW AND PRACTICE60 Hours

Semester I Credits: 4Objective: To enable students to have a clear understanding about the banking sector and the current trends in the banking industryUNIT-I (10 Hours)

Definition of banking-Classification of banks-Role of banks in economic development Banking Regulation Act: Importance, Provisions regarding capital structure, Core Capital I &II –

Capital Adequacy Ratio-Appropriation of funds, Licensing, Opening of new branches, Management and control over banks.

UNIT-II (10 Hours) Characteristics of a Central Bank Administration and management of Reserve Bank Functions of Reserve Bank of India, methods of issue, credit control, qualitative and quantitative

techniques of credit controlUNIT-III (10 Hours)

Commercial Banks, Various functions Credit creation, Loans and Advances, E-Banking, Credit cards, Debit cards, ATM cards,

Electronic clearing system, Electronic Fund transfer-Real Time Gross settlement System and Internet Banking

UNIT-IV (10 Hours) Opening of an account, Types of deposit account Types of customers, Relationship between banker and a customer Importance of customer relations, Customer grievances and redressal, role of banking

ombudsman.UNIT-V (20 Hours)

Negotiable Instruments-Meaning and Characteristics Promissory notes, bills of exchange Cheques including e-cheques, Feature, Material alteration, Crossing-Meaning, Kinds,

Endorsement-Meaning and Types, Payment and Collection of Cheques, Rights, Duties, Statutory protection to the paying banker and collecting banker

TEXT BOOK1. Sundharam & Varshney, 2005, Banking Theory &Practice, 17thEd., Sultan Chand & Sons, New Delhi2. Dr.S.N.Maheswari, 2004, banking Theory Law & Practice, 10thEd., Sultan Chand & Sons, New Delhi.

REFERENCE BOOKS1. B.Santhanam, 2005, Banking theory Law & Practice, 4thEd., Margham Publications, Chennai.2. Dr.K Nirmala Prasad & J Chandradass, 2005, Banking theory Law & Practice, 1st Ed., Himalaya Publishing House,

Mumbai.3. M.L.Tannan, 2005, Banking Law & Practice, 21st Ed., Wadheva Publishers, Mumbai.

4. www.banking_guide.org.uk 5. www.economywatch.com/banking

http://www.banking_guide.org.uk/

COMPUTER APPLICATION IN BUSINESS

(Practical based)

Objectives:1. The objectives of this Syllabus are to understand the uses of Ms office,

Tally and Spss in the real time environment – practically.

Unit : I

MS – Office – Components of MS Office – Word, Formatting, Alignment, ndentation,

Fonts, Picture and image insertion, Mail merge, template – creation of document

using template.

Unit : II

MS Excel, Cell Formatting, Cell Alignment, Functions, Chart creation and insertion.

Unit : III

MS PowerPoint, slide creation and presentation, custom animation, layout.

Unit : IV

Tally – About Tally software, uses, group creation, ledger creation, stock group and

stock item creation, voucher creation.

Unit : V

SPSS – about SPSS, Statistical analysis, Statistical reports.

Practical Exam Pattern

Answer any four out of five questions [ 4 * 20 = 80 Marks ]

INDIAN ECONOMY

Unit :I

Features of Less Developed and Developing Economics – Economic and Non

Economic Factors Impeding Economic Growth and Development – Factor

Determining Economic Development.

Unit : II

Human Resources – Population Growth as a Regarding Factor – Population Policy.

Unit : III

Agriculture – Its Contribution to Economic Development – Food Problem – Methods

Of Solving It – Measure To Increase Agricultural Productivity – Land Reforms –

Green Revolution – Agricultural Credit.

Unit : IV

Role of Industries in Economic Development – Cottage and Small Scale Industries –

Large Scale Industries – Iron and Steel Cement and Sugar, Public Sector – Trade

Unions.

Unit: V

Transport (Road, Railway And Civil aviation) Transport Co – Operation – Poverty In

India – Poverty Eradication Programmes – Planning In India – Objectives - Achievements of

Five Year Plan.

Recommended Books :

1. Dhingara I.C` : Indian Economy

2. Dutt and Sundaram : Indian Economy

3. S.Sankaran : Indian Economy

4. Five year plan : Govt. of India Publication

5. The economic & political weekly : Govt. of India Publication

COST ACCOUNTING - I

75 HoursSemester V Credits: 4

UNIT-I (15 Hours) Nature and Significance of Cost Accounts Cost Accounting: Definition, Meaning, Scope, Objectives, Functions, Importance, Advantages

and Limitations, Financial vs. Cost Accounting. Cost Classification & Concept, Elements of Cost centre and Profit centre Cost Sheet, Tenders and Quotation Reconciliation of Cost Accounting with Financial Accounting.

UNIT-II (10 Hours) An overview of cost accounting standards Role of Cost Accountants Statutory requirements in maintaining cost accounts Standing orders

UNIT-III (20 Hours) Materials Management, Purchase routine, Purchase Price Computation, Stores control &

Functions of store keeper. Stock levels, Stock Turnover Ratio, Bin card and techniques of Material Control. Pricing of Material Issues and Material Losses

UNIT-IV (12 Hours) Importance of Labour Cost Control Methods of wage payment Incentive schemes and Labour Turnover.

UNIT-V (18 Hours) Classification of Overheads Allocation, Apportionment and Redistribution of overheads Machine Hour Rate Basic Concept of Activity Based Costing-Cost object, Cost Driver, Difference between

Absorption Costing & Activity Based Costing, Benefits of ABC.

TEXT BOOKT.S.Reddy & Y.HariPrasadReddy, 2007, Cost Accounting, 2nd Ed., Margham Pub., Chennai.

REFERENCES1. S.P.Jain & K.L.Narang, 2002, Cost Accounting, 17th Ed., Kalyani Publisher Ludhiana.2. S.N.Maheshwari, 2004, Principles of Cost Accounting, 3rd Ed., Sultan Chand & Sons, New Delhi.3. Horngren, 1997, Cost Accounting a Managerial Emphasis, 4th Ed., Prentice Hall of India, New

Delhi.4. www.fast.faa.gov 5. www.middlecity.com

http://www.middlecity.com/

http://www.fast.faa.gov/

PRACTICAL AUDITING

75 HoursSemester VI Credits: 4

Objective: To teach the basic principles of auditing and the accuracy of financial statements prepared by a business entity, and to know the truth and fairness of the representations made in them

UNIT-I (15 Hours) Auditing-definition and meaning, Objectives & Scope of auditing, Statutory audit, Internal audit,

Interim audit, Performance audit, Operational audit, Cost audit, management audit, Continuous audit.

Who is an auditor-qualities required and his qualifications Audit Programme-Audit Working Papers

UNIT-II (20 Hours) Internal Check, Internal Control & Internal Audit-Features Vouching-meaning and significance Vouching of cash and Trading transactions Verification and valuation of assets and liabilities

UNIT-III (10 Hours) Reserves and provisions Classification of Reserves-Secret reserve

UNIT-IV (15 Hours) Audit of limited companies-Appointment and removal of auditor Rights, duties and liabilities as per companies act, Remuneration. Audit of share capital

UNIT-V (15 Hours) Nature and Scope of Information System Audit Auditing Around the computer, Auditing with the Computer, Auditing through the Computer

TEXT BOOKS Vengadamani, 2004, Practical Auditing, 1st Ed., Margham Publications, Chennai.

REFERENCES1. Dinkar Pagare, 2004, Principles and practice of Auditing, 10 th Ed., Sultan Chand & Sons, 2004,

New Delhi.2. B.N.Tandon, 2001, Practical Auditing, 10th Ed., S.Chand & Co, New Delhi.3. Kamal Gupta, 2005, Auditing, 6th Ed., Tata McGraw Hill, New Delhi.4. R.G.Saxena, 2001, Principles of Auditing, 5th Ed., Himalaya Publishing house, Mumbai.5. Kamal Gupta, 1992, Contemporary Auditing, 4th Ed., Tata McGraw Hill, New Delhi.6. www.isaca.org 7. www.answers.com/topic/auditingprocedure

http://www.answers.com/topic/auditingprocedure

http://www.isaca.org/

ENTREPRENEURIAL DEVELOPMENT

60 HoursSemester V Credits: 4

Objective: To enable students to understand the various aspects of becoming an entrepreneur.

UNIT-I (5 Hours) Entrepreneurship-Meaning, types, Factors influencing entrepreneurship Qualities of an entrepreneur, Classification, Functions of entrepreneurs

UNIT-II (10 Hours) Entrepreneurial Development-Meaning Agencies and Commercial Banks role on ED, District Industries Centre, NSIC, SIDO, SISI

UNIT-III (10 Hours) Project Management, Business idea generation techniques Identification of business opportunities. Marketing and Financial for new projects-Legal formalities Preparation of Project Report.

UNIT-IV (10 Hours) Entrepreneurial Development Programme-Role, Relevance & Achievements Role of Government in organizing EDP’s.

UNIT-V (20 Hours) Role of Entrepreneur in economic development & growth Changing economic scenario for small entrepreneurs, Networking, Niche play, geographic

concentration, franchising/Dealership Development of Women Entrepreneurship, SHG, Role of SHG in women entrepreneurship.

TEXT BOOK1. Dr.N.P.Srinivasan & C.B.Gupta, 2002, Entrepreneurial Development ,2nd Ed., Sultan Chand &

Sons, New Delhi.2. Jayashree Suresh, 2005, Entrepreneurial Development, 3rd Ed., Margham Publication, Chennai.

REFERENCES1. Khanka. S.S, 2003, Entrepreneurial Development, 3rd Ed., S.Chand & Co., New Delhi.2. Dr.Neeta Baporikar, 2002, Entrepreneurship & Small industry, 1st Ed., Himalaya Publishing

House, Mumbai.3. C.S.V. Murthy, 2002, Small-scale Industries & Entrepreneurial Development, 2nd Ed., Himalaya

Publishing House, Mumbai.4. www.nsic.co.in 5. www.indianngos.com

http://www.indianngos.com/

http://www.nsic.co.in/

FINANCIAL MANAGEMENT

Theory : 15Problems : 60

UNIT I

Meaning, objectives and Importance of Finance – Sources of finance – Functions of financial management – Role of financial manager in Financial Management.

UNIT II

Capital structures planning - Factors affecting capital structures – Determining Debt and equity proportion – Theories of capital structures – Leverage concept.

UNIT III

Cost of capital – Cost of equity – cost of preference capital – Cost of debt – Cost of retained earnings – weighted Average (or) composite cost of capital (WACC)

UNIT IV

Dividend policies – Factors affecting dividend payment - Company Law provision on dividend payment –Various Dividend Models (Walter’s Gordon’s – M.M. Hypothesis)

UNIT V

Working capital – components of working capital – working capital operating cycle – Factors influencing working capital – Determining (or) Forecasting of working capital requirements.

Reference Books :

1. Financial Management - I.M. Pandey 2. Financial Management – Prasanna Chandra3. Financial Management – S.N. Maheswari 4. Financial Management – Y. Khan and Jain

INCOME TAX LAW & PRACTICE – IUnit - I

Meaning of Income – Canons of Taxation and Income Tax Act – Important

definitions under the Income Tax Act – Scope of total income – Residential Status –

Incomes Exempt From Tax.

Unit-II

Heads of Income – salaries – Allowances – perquisites and their valuations –

Deductions From Salary – Other related provisions –Gratuity – pension –

commutation of pension – Provident Fund – Rebate.

Unit III

Income from house property – Definition of annual value deductions from annual

value – computation under different circumstances.

Unit –IV

Income from business or profession – Allowable and not allowable expenses –

General deductions – Principles – Provisions relating to depreciation – deemed

business profits chargeable to profits to tax – compulsory maintenance of books of

account – audit of accounts of certain persons – special provision for computing

incomes on estimated basis under section 44 AD and 45 AE – Computation of income

from business or profession.

MANAGEMENT ACCOUNTING


Objective: To provide an insight into the concepts, theories and techniques of Management accounting in a simple, logical and comprehensive manner.

UNIT-I (5 Hours) Nature and scope of management accounting, meaning and definition, objectives Management accounting and financial accounting, management accounting and cost accounting,

utility and limitations of management accounting, role of the management accounting.

UNIT-II (18 Hours) Analysis and interpretation of financial statements, Methods of analysis (comparative, common

size statements and trend analysis) Ratio analysis-use, significance, classifications & limitations of ratios.

UNIT-III (22 Hours) Funds flow analysis-Concept of sources and uses of funds, uses and significance.

Preparation of statements of changes in working capital, Fund flow statement. Cash flow analysis-meaning, difference between cash flow and funds flow, limitations,

preparation of cash flow statement as per AS III

UNIT-IV (15 Hours) Concept of budgets and budgetary Control-Nature, objectives of budgetary control, advantages

and limitations of budgetary control, Classification, preparation of budgets.

UNIT-V (30 Hours) Meaning of standard costing, advantages and limitations of standard costing Variance analysis: Computation of material, labour, overhead, sales variance.

TEXT BOOKS1. T.S.Reddy & Y.S.Hari Prasad Reddy, 2005, Management Accounting, 3rd Ed., Margham

Publication, Chennai.

REFERENCES1. Dr.N.P.Srinivasan, 1988, Management Accounting, 2nd Ed., Sterling Publication, New Delhi.2. R.K.Sharma & Shashi K.Gupta, 1999, Management Accounting, 2nd Ed., Kalyani Publication,

Ludhiana.3. R.S.N.Pillai & Bhagavathy, 1999, Management Accounting, 7th Ed., Sultan Chand & Sons, New

Delhi.4. N.Vinayakam & I.B.Sinha, 1998, Management Accounting, 4th Ed., Himalaya Publications,

Mumbai.5. www.imanet.org 6. www.maaw.info

http://www.maaw.info/

http://www.imanet.org/

COST ACCOUNTING - II


Objective: To teach the methods of costing i.e., techniques and process employed for the ascertainment of cost in various types of industries and manufacturing activities.

UNIT-I (15 Hours) Job Costing Features and Objectives-procedure Merits and Limitations of Job Costing Batch Costing and EBQ

UNIT-II (17 Hours) Contract Costing Introduction and Features Preparation of Contract Accounts WIP Valuation, Cost Plus Contracts and Escalation Clause

UNIT-III (15 Hours) Unit Costing Meaning and Applicability Treatment of scrap material Transport costing, Costing Procedure Computation of cost unit-running Kilometers

UNIT-IV (18 Hours) Process costing, characteristics and types of industries using process costing Advantages and Disadvantages of Process costing Process losses, inter-process Profits Joint and By-Product costing

UNIT-V (10 Hours) Definition of Marginal cost and Marginal costing Features, advantages and limitations of marginal costing Cost-volume-profit analysis Application of marginal costing

TEXT BOOKT.S.Reddy & Y.Hari Prasad Reddy, 2007, Cost Accounting, 2nd Ed., Margham Publications, Chennai.

REFERENCES1. S.P.Iyengar, 2004, Cost Accounting, 13th Ed., Sultan Chand & Sons, New Delhi.2. S.P.Jain & K.L.Narang, 2002, Cost Accounting, 17th Ed., Kalyani Publishers Ludhiana.3. M.N.Arora, 2003, Cost Accountancy, 17th Ed., Vikas Publishing House, New Delhi.4. R.S.N.Pillai & V.Bagavathi, 2004, Cost Accounting, 7th Ed., S.Chand & Co, New Delhi.5. www.harvardbusinessonline.hbsp 6. www.maaw.info

http://www.harvardbusinessonline.hbsp/

INCOME TAX LAW & PRACTICE – II

Unit – I

Income under capital gains – short term, long term capital gains – transfer of capital assets – certain transactions not included as transfer – cost of acquisition – cost of improvement – indexation of cost – capital gains under different circumstances – Exempted capital gains – computation of capital gains.

Unit – II

Income from other sources – as a residing head of income – their computation – grossing up – deduction in computing income under the head and other related provisions.

Unit – III

Clubbing of income – Transfer of income without the transfer of asset – circumstances under which the individual is assessable in respect of remuneration of spouse – assess ability of income from assets transferred to spouse , son’s, wife, another person for the benefit of spouse – Assess ability in respect of income of minor child – set off – carry forward and set off.

Unit – IV

Permissible deductions from gross total income – sec 80 cc to 80U.

Unit – V

Assessment of individuals, Partnership firms and Association of persons

Reference Books :-

1. Income Tax Law & accounts - H.C. Mehrotra

2. Income Tax Law & Practice - Bhagavathi Prasad

3. Outline of Income Tax - Rupram Gupta

4. Income Tax Law & accounts - Vinod K.Singhania

5. Income Tax Law & Practice - Gaur and Narang

WORKING CAPITAL MANAGEMENT

Theory : 15Problems : 60

UNIT I

Working capital meaning – Importance of working capital management- components of working capital – Factors Influencing working capital requirements – Estimating working capital management – working capital life cycle – Roles of finance manager in working capital.

UNIT II

Financing current Assets : Different approach to financing current Assets – Conservative, aggressive and matching approach - Sources of finance committees on working capital finance.

UNIT III

Cash management : Importance – Factors influencing cash balance – Determining optimum cash balance – cash budgeting - controlling and monitoring collection and disbursements.

UNIT IV

Receivables Management : Credit policy variables credit standards- credit period – cash discount and collection efforts – credit evaluation – control of receivables.

UNIT V

Inventory management : Need for Inventories and Importance of its management – Techniques for managing Inventory – Economic order quantity (EOQ) – Stock levels – Analysis of Investment in inventory – Selective inventory control – ABC, VED, FSN Analysis.

Reference Books :

1. Hrishikes Battacharya Working capital Management strategies and Techniques prentice hall of India 2001.

2. Joshi R.N. Cash Management, New Age International Publishers 1999.3. K.M. Chitnis, Working capital Management of large Industrial units, Dastane

Ramachandra and company Poona.

HUMAN RESOURCE MANAGEMENT

Unit – I : Human Resource Management (HRM)

Definition – Objectives – Functions – Nature and scope of HRM – Difference between personnel

management and HRM – Qualities of good HR manger – changing roles of a HR manager -

Problems and challenges of a HR manager.

Unit – II : Human Resource Planning (Man power planning)

Definition of HR planning – objectives – Steps in HR Planning – Type of planning – Need and

importance – Tools and Techniques – Job analysis – Job Description – Job Specification – Job

evaluation.

Unit – III : Recruitment & Selection

Recruitment and Selection – objectives of Recruitment – Sources – internal and external

recruitment – application blank – Testing – Interviews – Techniques in selection – Placement &

Induction.

Unit – IV Training & Development

Training and Development – Principles of Training – Assessment of Training needs – methods –

evolution of effectiveness of training programme.

Unit – V Performance Appraisal

Performance Appraisal – Process – Methods of Performance appraisal – appraisal

counseling – Motivation Process – Theories of motivation – compensation – Incentives –

Monetary & Non-Monetary – Promotion & Transfers.

Reference Books:

1) Aswathappa – HRM – Tata me grow hill Publishing co.New Delhi.

2) LM Prasad, HRM – Sultan chand & Sons, New Delhi.

3) Jayashankar – HRM – Margham Publications, Chennai.

4) Chitra Atmaram Naik – Hen – Ane books Pvt.Ltd.

5) Dr. RAdha – HRM.