B.COM DEGREE COURSE IN ACCOUNTING & FINANCE CORE I - FINANCIAL ACCOUNTING COMMON TO B.

Com (A&F) (CS) SUBJECT CODE: CREDITS: 4 SEMESTER: I COURSE OBJECTIVES:

To facilitate the understanding of Accounting in General To give a comprehensive understanding of the system of Financial Accounting To understand the intermediate concepts for assets, liabilities and stockholders equity To develop skill, related to problem solving and critical thinking

THEORY

80 MARKS

UNIT I
Introduction to Accounting Meaning and scope of Accounting, Basic Accounting Concepts and Conventions - Objectives of Accounting Accounting Transactions - Double Entry Book Keeping - Journal, Ledger, Preparation of Trial Balance Classification of Errors - Rectification of Errors - Preparation of Suspense Account - Preparation of Cash Book Independent study: Meaning and Scope of Accounting, Basic Accounting Concepts and Conventions

UNIT II
Final Accounts Preparation of Final Accounts of a Sole Trading Concern - Adjustments - Closing Stock, Outstanding and Prepaid items, Depreciation, Provision for Bad Debts, Provision for Discount on Debtors, Interest on Capital and Drawings Independent study: Final Accounts Format

UNIT III
Non Profit Organizations Preparation of Receipts and Payments Account, Income & Expenditure Account and Balance Sheet of Non Trading Organizations (simple problems) Independent study: Format of receipts and payment account, income and expenditure account

UNIT IV
Depreciation Depreciation - Meaning, Causes, Types - Straight Line Method - Written Down Value Method (Change in Method excluded). Insurance claims - Average Clause (Loss of stock only) Independent Study: Depreciation - Meaning, Causes, Types

UNIT V
Packages and Containers Accounting Packages and Containers Accounting-Need-Accounting treatment-Non returnable Containers-Returnable Containers-Container Trading Account-Container Suspense Account-Investment Accounts-Types of InvestmentInterest and Dividend-Purchase and Sale of Investments- Investment Account Independent Study: Types of Investment

Problems in all units. Problem: Theory ratio= 80:20

TEXT BOOKS: T.S.Reddy & A.Murthy ,(2011)Financial Accounting - Margham Publications Chennai-17, Jain & Narang (2009) Financial Accounting. Kalyani Publishers. New Delhi.1994. REFERENCES: R.L.Gupta & V.K.Gupta. (2009) Advanced Accounting. Sultan Chand & Sons. New Delhi. Shukla & Grewal (2009) Advanced Accounting - S Chand - New Delhi, P.C.Tulsian(2009) - Financial Accounting , tata Mcgraw-Hill, M.A Arulanandam and K.S.Raman-(2011) Advanced Accountancy,Himalaya Publishing House WEBSITES accountinginfo.com/study/je/je-01.htm www.quickmba.com/accounting/ www.youtube.com/watch?v=Ooibihp3QPo accountingstudy.com/accounting...accounting/journal-entry-examples-01.htm www.dineshbakshi.com/...Accounts/.../clubs-a-societies-receipts-a-payments-account.html - Cached accountinginfo.com/study/dep/depreciation-01.htm

QUESTION PAPER PATTERN

Section Section A Section B Question Component MCQ/Objective & Concept testing(Theory 10, Problems 20) Short problems / answers Theory (2) and Problems (6) Comprehensive Problems Number 30 6/ 8 Marks 1 5 Total 30 30

Section C

2/4

20

40 100

DISTRIBUTION OF QUESTIONS
SECTION/UNIT *T A B C 2 1 4 1 1 I P* 2 T 4 1 1 II P 2 T III P 4 1 1** 2 1 T 4 2 1 IV P 2 T V P 4 1 1**

*T THEORY *P - PROBLEMS ** One question to be chosen from either Unit III or Unit V

B.COM DEGREE COURSE IN ACCOUNTING & FINANCE

ACCOUNTING SOFTWARE I COMMON TO B.Com (A&F), (CS) SUBJECT CODE: PRACTICAL 20 MARKS

UNIT I Computerized Accounting Installing Tally-Features & Procedure for Installing Tally-Changing default settings Introduction to Tally-Opening screen of tally-Creating company-Selecting company-shutting a companyaltering company- configuration company UNIT II Inventory Information Creation of stock group (Displaying, altering and deleting groups)-Stock items (Displaying, altering and deleting item)-Units of measure UNIT III Accounting Information Ledger-single and multiple ledgers (Displaying, altering and deleting ledger) UNIT IV Vouchers Vouchers in tally-Contra Vouchers-Purchases Vouchers-Sales vouchers-Payments-Receipt Voucher-Journal Voucher UNIT V DISPLAY MENU Display Menu- Trial Balance, Profit & Loss account and Balance Sheet

B.COM DEGREE COURSE IN ACCOUNTING & FINANCE

CORE III - ADVANCED FINANCIAL ACCOUNTING COMMON TO B.Com (A&F), (CS) SUBJECT CODE: CREDITS: 4 SEMESTER: II COURSE OBJECTIVES:
To facilitate the understanding of Accounting in specific areas To understand the practical applicability of Financial Accounting To develop skill, related to problem solving and critical thinking

THEORY

100 MARKS

UNIT I
Branch Accounts Dependent branches Stock and debtors system Distinction between wholesale profit and retail profit Independent branch (foreign branches excluded) Independent Study: Basic concepts , different types of branches, how are branches different from that of departmental stores.

UNIT II
Departmental Accounts Basis for allocation of expenses Inter departmental transfer at cost or selling price Treatment of expenses which cannot be allocated Independent Study: Allocation of expenses, Format

UNIT III
Hire purchase, Installment & Lease Accounts Hire purchase and Installment-Default and repossession Hire purchase trading account, Installment purchase system Lease Accounts Independent Study: Difference between hire purchase and instalment a/c

UNIT IV
Partnership Admission of a partner Retirement of a partner Death of a partner Independent Study: Partner, different types of partners, fixed and fluctuating capitals, Calculation of interest.

UNIT V
Dissolution of a Partnership Dissolution of a partnership Insolvency of a partner (Application of Indian Partnership Act 1932) Insolvency of all partners Gradual Realization of Assets and Piecemeal Distribution Independent Study: Dissolution Basic Concepts

Problems in all units -- Problem: Theory ratio = 80:20

TEXT BOOKS: T.S.Reddy & A.Murthy ,(2011)Financial Accounting , Margham Publications Chennai-17. Jain & Narang (2009) Financial Accounting. Kalyani Publishers, New Delhi.1994. REFERENCES: R.L.Gupta & V.K.Gupta. (2009) Advanced Accounting, Sultan Chand & Sons, New Delhi Shukla & Grewal (2009) Advanced Accounting, S Chand , New Delhi P.C.Tulsian(2009) - Financial Accounting , Tata Mcgraw-Hill M.A Arulanandam and K.S.Raman-(2011) Advanced Accountancy,Himalaya Publishing House WEBSITES www.scribd.com Presentations www.blog.tipa.in/accounting/accountancy-institute-can-teach-you-hire-purchase-and-installmenttransactions-under-diploma-in-accountancy/ www2.accaglobal.com/students/acca/exams/f3/technical.../2951473 www.scribd.com/doc/.../15/UNIT-2-PARTNERSHIP-ADMISSION

QUESTION PAPER PATTERN

Section Section A Section B Question Component MCQ/Objective & Concept testing(Theory 10, Problems 20) Short Problems / Answers Theory (2) and Problems (6) Comprehensive Problems Number 30 6/ 8 Marks 1 5 Total 30 30

Section C

2/4

20

40 100

DISTRIBUTION OF QUESTIONS
SECTION/UNIT *T A B C 2 1 4 1 1 I P* 2 T 4 1 1 II P 2 T III P 4 1 1** 2 1 T 4 2 1 IV P 2 T V P 4 1 1**

*T THEORY *P - PROBLEMS ** One question to be chosen from either Unit III or Unit V