commerce and accountancy syllabus - copy

7/27/2019 Commerce and Accountancy Syllabus - Copy

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COMMERCE AND ACCOUNTANCY

PAPER - I

Accounting and Finance, Accounting, Taxation & Auditing

1. Financial Accounting:

Accounting as a Financial Information System; Impact of Behavioural

Sciences.

Accounting Standards

o e.g., Accounting for Depreciation, Inventories,

o Research and Development Costs,

o Long-term Construction Contracts,

o Revenue Recognition, Fixed Assets, Contingencies,

o Foreign Exchange Transactions, Investments and

o Government Grants, Cash Flow Statement, Earnings Per Share.

Accounting for Share Capital Transactions including Bonus Shares, Right

Shares, Employees Stock Option and Buy- Back of Securities.

Preparation and Presentation of Company Final Accounts.

Amalgamation, Absorption and Reconstruction of Companies.

2. Cost Accounting:

Nature and Functions of Cost Accounting.

Installation of Cost Accounting System

Cost Concepts related to Income Measurement, Profit Planning, Cost

Control and Decision Making.

Methods of Costing: Job Costing, Process Costing, Activity Based

Costing. VolumecostProfit Relationship as a tool of Profit Planning.

Incremental Analysis/ Differential Costing as a Tool of Pricing Decisions,

Product Decisions, Make or Buy Decisions, Shut- Down Decisions etc.


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Techniques of Cost Control and Cost Reduction: Budgeting as a Tool of

Planning and Control.

Standard Costing and Variance Analysis.

Responsibility Accounting and Divisional Performance Measurement.

3. Taxation:

Income Tax: Definitions; Basis of Charge; Incomes which do not form

Part of Total Income.

Simple problems of Computation of Income (of Individuals only) under

Various Heads, i.e.,

Salaries, Income from House Property, Profits and Gains from Business

or Profession, Capital Gains, Income from other sources, Income of other

Persons included in Assessees Total Income

Set - Off and Carry Forward of Loss.

Deductions from Gross Total Income.

Salient Features/Provisions Related to VAT and Services Tax.

4. Auditing:

Company Audit: Audit related to Divisible Profits, Dividends, Special

investigations, Tax audit.

Audit of Banking, Insurance, Non-Profit Organizations and Charitable

Societies/ Trusts/Organizations.

Financial Management, Financial Institutions and Markets

1. Financial Management:

Finance Function: Nature, Scope and Objectives of Financial

Management: Risk and Return Relationship.


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Tools of Financial Analysis: Ratio Analysis, Funds-Flow and Cash-Flow

Statement.

Capital Budgeting Decisions: Process, Procedures and Appraisal

Methods. Risk and Uncertainty Analysis and Methods.

Cost of capital: Concept, Computation of Specific Costs and Weighted

Average Cost of Capital. CAPM as a Tool of Determining Cost of Equity

Capital.

Financing Decisions: Theories of Capital Structure - Net Income (NI)

Approach, Net Operating Income (NOI) Approach, MM Approach and

Traditional Approach.

Designing of Capital structure: Types of Leverages (Operating, Financial

and Combined), EBIT- EPS Analysis, and other Factors.

Dividend Decisions and Valuation of Firm: Walters Model, MM Thesis,

Gordans Model Lintners Model. Factors Affecting Dividend Policy.

Working Capital Management: Planning of Working Capital.

Determinants of Working Capital. Components of Working Capital -

Cash, Inventory and Receivables.

Corporate Restructuring with focus on Mergers and Acquisitions

(Financial aspects only)

2. Financial Markets and Institutions:

Indian Financial System: An Overview Money Markets: Participants,

Structure and Instruments.

Commercial Banks.

Reforms in Banking sector.

Monetary and Credit Policy of RBI. RBI as a Regulator.

Capital Market: Primary and Secondary Market.

Financial Market Instruments and Innovative Debt Instruments;

SEBI as a Regulator.


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Financial Services: Mutual Funds, Venture Capital, Credit Rating

Agencies, Insurance and IRDA.

PAPER

II

Organisation Theory and Behaviour, Human Resource Management and

Industrial Relations Organisation Theory and Behaviour

1. Organisation Theory:

Nature and Concept of Organisation;

External Environment of Organizations -Technological, Social, Political,

Economical and Legal;

Organizational Goals - Primary and Secondary goals, Single and Multiple

Goals;

Management by Objectives.

Evolution of Organisation Theory:

o Classical, Neo-classical and Systems Approach.

o Modern Concepts of Organisation Theory: Organisational Design,

Organisational Structure and Organisational Culture.

Organisational DesignBasic Challenges;

Differentiation and Integration Process;

Centralization and Decentralization Process;

Standardization / Formalization and Mutual Adjustment.

Coordinating Formal and Informal Organizations. Mechanistic and

Organic Structures.

Designing Organizational structuresAuthority and Control;

Line and Staff Functions, Specialization and Coordination.


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Performance Appraisal and 360 Feed Back, Salary and Wage

Administration, Job Evaluation, Employee Welfare, Promotions,

Transfers and Separations.

2. Industrial Relations (IR):

Meaning, Nature, Importance and Scope of IR,

Formation of Trade Unions,

o Trade Union Legislation,

o Trade Union Movement in India.

o Recognition of Trade Unions,

o Problems of Trade Unions in India.

o Impact of Liberalization on Trade Union Movement.

Nature of Industrial Disputes: Strikes and Lockouts, Causes of Disputes,

Prevention and Settlement of Disputes.

Workers Participation in Management: Philosophy, Rationale, Present

Day Status and Future Prospects.

Adjudication and Collective Bargaining.

Industrial Relations in Public Enterprises,

Absenteeism and Labour Turnover in Indian

Industries and their Causes and Remedies.

ILO and its Functions.


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COMMERCE AND ACCOUNTANCY BOOK LIST

MAINS: PAPER-I

BOOKS

1. ACCOUNTING:

FUNDAMENTALS OF CORPORATE ACCOUNTING--J.R.MONGA

(CHAPTERS: 6-9)

ACCOUNTING STANDARDS - ICAI PUBLICATIONS.

2. COST ACCOUNTING:

FUNDAMENTALS OF MANAGEMENT ACCOUNTING --

ANTHONY & WELSCH (CHAPTERS: 1, 6-7,10,13)

COST ACCOUNTING; THEORY & PROBLEMS--MAHESHWARI &

MITTAL (CHAPTERS: 1,5-9, 11,13-15)

3. AUDITING:

PRINCIPLES & PRACTICE OF AUDITING--DINKAR PAGARE

(CHAPTERS: 1-3,7-16, 20-22, Section -2)

OR

STUDENTS' GUIDE TO AUDITING--TAXMANN (ARUNA JHA)

(CHAPTERS: 1- 2, 5-12, 16-17, 19,22)

4. INCOME TAX, SERVICE TAX & VAT

STUDENTS' GUIDE TO INCOME TAX--V.K.SINGHANIA

(CHAPTERS: 2-16)

OR

SYSTEMATIC APPROACH TO INCOME TAX --GIRISH AHUJA

(CHAPTERS: 2-17)

5. FINANCIAL MANAGEMENT:


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FINANCIAL MANAGEMENT -- R. P. RUSTAGI( 3RD EDITION,

Thick One) (CHAPTERS: 1-22,27,30)

FINANCIAL MANAGEMENT; TEXT & PROBLEMS--KHAN &

JAIN (ALL CHAPTERS)

6. FINANCIAL MARKETS & INSTITUTIONS:

INDIAN FINANCIAL SYSTEM--M.Y.KHAN (CHAPTERS: 2-18)

OR

FINANCIAL INSTITUTIONS & MARKETS--L.M.BHOLE

(CHAPTERS: 1-13, 16-24)

PERIODICALS

1. THE CHARTERED ACCOUNTANT (JOURNAL OF THE INSTITUTE

OF CHARTERED ACCOUNTANTS OF INDIA)

2. THE ECONOMIC SURVEY (GOVT. OF INDIA PUBLICATION)

3. FINANCIAL/BUSINESS SECTION OF THE TIMES OF INDIA OR ANY

OTHER DAILY NEWSPAPER

COMMERCE AND ACCOUNTANCY

BOOK LIST

MAINS: PAPER-II

SECTION A: ORGANISATION THEORY & BEHAVIOUR

1. ORGANISATION THEORY & BEHAVIOURB.P SINGH & T.N.

CHABRA

2. ORGANISATIONAL BEHAVIOUR--STEPHEN P. ROBBINS

3. ORGANISATIONAL BEHAVIOURL.M. PRASAD

4. HUMAN BEHAVIOUR AT WORK--KEITH DAVIS

5. MANAGEMENT OF ORGANISATIONAL BEHAVIOUR-- PAUL HER&

KEN BLANCHARD


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SECTION B:

HRM

1. HUMAN RESOURCE MANAGEMENT -C.B GUPTA

2. HUMAN RESOURCE MANAGEMENT

ASHWATHAPA

3. HUMAN RESOURCE MANAGEMENT -VSP RAO

INDUSTRIAL RELATIONS

1. INDUSTRIAL RELATIONS IN INDIAN ENTERPRISES--R.S.DWIVEDI

2. DYNAMICS OF INDUSTRIAL RELATIONS--C.B.MAMORIA &

SATISH MAMORIA

3. INDUSTRIAL RELATIONS--T.N.CHHABRA & R.K.SURI

4. SELECTED ARTICLES FROM THE FOLLOWING JOURNALS:

a) INDIAN JOURNAL OF INDUSTRIAL RELATIONS

b) INDIAN JOURNAL OF LABOUR ECONOMICS

5. REPORTS/PUBLICATIONS OF THE CENTRAL GOVT/GOVT

COMMITTEES CONCERNING LABOUR POLICY

commerce and accountancy syllabus - copy

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