BHARATHIDASAN UNIVERSITY TIRUCHIRAPPALLI - 620 024

B.COM- APPLIED

CHOICE BASED CREDIT SYSTEM –LEARNING OUTCOMES BASED

CURRICULUM FRAMEWORK (CBCS - LOCF)

(Applicable to the candidates admitted from the academic year 2022-2023 onwards)

Sem. Part Courses Title Ins. Credits Exam. Maximum

Hrs. Hours Marks
Int. Ext. Total
I Language Course – I 6 3 3 25 75 100
(Tamil $/Other Languages +#)
II English Course-I 6 3 3 25 75 100
Core Course – I (CC) Principles of 6 5 3 25 75 100
Accountancy
I III
Core Course-II (CC) Marketing 6 5 3 25 75 100
First Allied Course-I (AC) Management Concepts 4 3 3 25 75 100
IV Value Education Value Education 2 2 3 25 75 100
Total 30 21 600

I Language Course - 1I 6 3 3 25 75 100

(Tamil $/Other Languages +#)

II English Course-II 4 3 3 25 75 100

III Core Course – III (CC) Business Accounting 6 5 3 25 75 100
Core Course-IV (CC) Business Tools For 6 5 3 25 75 100
II Decision Making
First Allied Course-II (AC) Business Economics 4 3 3 25 75 100
Add on Course- I ## Professional English- I 6* 4 3 25 75 100
IV Environmental Studies Environmental Studies 2 2 3 25 75 100
Naan Mudhalvan Scheme Language Proficiency for
VI (NMS) @@ Employability - 2 2 3 25 75 100
Effective English
Total 30 +6 * 27 800

1
 I Language Course-III 6 3 3 25 75 100
(Tamil*/Other Languages +#)
II English Course-III 6 3 3 25 75 100
Core Course–V (CC) Partnership Accounts 6 5 3 25 75 100
III Core Course-VI(CC) Business Law 6 5 3 25 75 100
Second Allied Course-I (AC) Business Communication 4 3 3 25 75 100
Add on Course- II ## Professional English- II 6* 4 3 25 75 100
IV Non Major Elective 2 2 3 25 75 100
Course-I (NME) 1. Personal
Investment
III Those who choose Tamil in (or)
Part-I can choose a non- major
2. Elements of
elective course offered by
other departments. Insurance
Those who do not choose
Tamil in Part-I must choose (For otherthan All
either B.Com and BBA)
a) Basic Tamil if Tamil
language was not studied in
school level
(or)
b) Special Tamil if Tamil
Language was studied up to
10th& 12thStd.
Total 30+6* 25 700
I Language Course-VI 6 3 3 25 75 100
IV (Tamil*/Other Languages +#)
II English Course- IV 6 3 3 25 75 100
Core Course-VII(CC) Cost Accounting 6 5 3 25 75 100
Core Course-VIII(CC) Banking Theory, Law 6 5 3 25 75 100
III and Practice
Second Allied Course-II Company Law and 4 3 3 25 75 100
(AC) Secretarial Practices
(2013Amendments)
Non Major Elective 2 2 3 25 75 100
Course-II (NME) 1. Introduction to
Those who choose Tamil in Accountancy
Part-I can choose a non- major (or)
IV elective course offered by 2. Salesmanship
other departments.
Those who do not choose (For otherthan All B.Com
Tamil in Part-I must choose and BBA)
either
a) Basic Tamil if Tamil
language was not studied in
school level
(or)
b) Special Tamil if Tamil
Language was studied up to
10th& 12thStd..
Naan Mudhalvan Scheme Digital Skills for
VI Employability - Microsoft - 2 3 25 75 100
(NMS) @@
Total 30 23 700

2
 Core Course-IX(CC) Corporate Accounting 5 5 3 25 75 100

Core Course-X(CC) Computer Applications in 5 5 3 25 75 100

Business (Theory)
Core Practical –I (CP) Computer Applications in 5 5 3 40 60 100
Business (Practical)
Core Course-XI (CC) Management 5 5 3 25 75 100
III Accounting
Major Based Elective 1. Human Resource 5 5 3 25 75 100
V Course-I (MBE) Management
(or)
2. Auditing
Skill Based Elective Information Technology 3 2 3 25 75 100
IV Course-I Concepts
Soft Skills Development 2 2 3 25 75 100
Total 30 29 700
Core Course-XII (CC) Financial Management 5 5 3 25 75 100

Core Course –XIII(CC) Income Tax Law and 6 5 3 25 75 100

Practice
III Core Course-XIV(CC) Financial Services 6 5 3 25 75 100
Major Based Elective 1. Entrepreneurship 5 5 3 25 75 100
VI Course-II (MBE) Development
(or)
2. Investment
Management
Project 4 3 20 80 100
IV Skill Based Elective Basics of Goods and 3 2 3 25 75 100
Course-II Service Tax
Gender Studies 1 1 3 25 75 100
V Extension Activities -- 1 -- -- -- --
Naan Mudhalvan Digital Banking, - 2 3 25 75 100
Scheme (NMS) @@ Logistics and Audit
VI
Essentials for
employability
Total 30 29 150 450 800
Grand Total 192 154 4300

th
$ For those who studied Tamil upto 10 +2 (Regular Stream)
+ Syllabus for other Languages should be on par with Tamil at degree level
th
#
Those who studied Tamil upto 10 +2 but opt for other languages in
degree level under Part- I should study special Tamil in Part -IV
## The Professional English – Four Streams Course is offered in the 2nd and 3rd Semester
(only for 2022-2023 Batch) in all UG Courses. It will be taught apart from the Existing
hours of teaching/ additional hours of teaching (1 hour /day) as a 4 credit paper as an
add on course on par with Major Paper and completion of the paper is must to
continue his/her studies further. (As per G.O. No. 76, Higher Education (K2)
Department dated: 18.07.2020)
3
 * The Extra 6 hrs/cycle as per the G.O. 76/2020 will be utilized for the Add on Professional
English Course.

@ NCC Course is one of the Choices in Non-Major Elective Course. Only the NCC cadets
are eligible to choose this course. However, NCC Course is not a Compulsory Course
for the NCC Cadets.
** Extension Activities shall be outside instruction hours.
@@ Naan Mudhalvan Scheme: As per Naan Mudhalvan Scheme instruction

SUMMARY OF CURRICULUM STRUCTURE OF PROGRAMMES – COMMERCE

Sl. No. Part Types of the Courses No. of No. of Marks

Courses Credits
1. I Language Courses 4 12 400
2. II English Courses 4 12 400
3. Core Courses 14 70 1400
III
4. Core Practical 1 5 100
5. Allied Courses I & II 4 12 400
6. Major Based Elective Courses 2 10 200
7. Add –on Course 2 8 200
(Professional English)
8. Project 1 3 100
9. Non Major Elective Courses 2 4 200
10. Skill Based Elective Courses 2 4 200
11. IV Soft Skills Development 1 2 100
12. Value Education 1 2 100
13. Environmental Science 1 2 100
14. V Gender Studies 1 1 100
15. Extension Activities 1 1 ---
16. Naan Mudhalvan Scheme 3 6 300
VI
(For Commerce Programmes)
Total 44 154 4300

4
PROGRAMMES OBJECTIVES:

PROGRAMME OUTCOMES:

PROGRAMME SPECIFIC OUTCOMES:

5
First Year CORE COURSE-I Semester-I
PRINCIPLES OF ACCOUNTANCY
Code: (Theory) Credit: 5

OBJECTIVES:
 To enable the students to understand the basic principles and concepts of Accountancy.
 To enhance the students to prepare the Final accounts for Sole Traders and rectification of
errors.
 To gain the knowledge to prepare the accounts for Non-Profit organisation and Bills ofexchange.
 To motivate the students to prepare Accounts for Consignment and Joint Ventures.
 In overall students can acquire conceptual knowledge and prepare the accounts of the Single
Entry System. Depreciation - Methods, provisions and reserves.

UNIT -I INTRODUCTION OF ACCOUNTING AND CONCEPTS:

Introduction – Accounting concepts and conventions –Accounting Standards – Meaning- Double entry
system – Journal, Ledger, Subsidiary books, Trial Balance- Bank Reconciliation Statement.

UNIT- II FINAL ACCOUNTS OF SOLE TRADERS:

Final Accounts of sole traders with adjustment entries - Rectification of Errors.

UNIT -III ACCOUNTS FOR NON PROFIT ORGANISATION:

Accounts of Non- profit organization – Bills of exchange – Average due date – Account Current.

UNIT -IV CONSIGNMENTS AND JOINT VENTURES ACCOUNTS:

Consignments and Joint Ventures.

UNIT -V SINGLE ENTRY SYSTEM AND DEPRECIATION:

Single Entry System. Depreciation - Methods, provisions and reserves.

(Theory 20% Problems 80%)

UNIT - VI CURRENT CONTOURS (For Continuous Internal Assessment Only):

Contemporary Development related to the course during the Semester concerned

TEXT AND REFERENCE BOOKS: (Latest revised edition only)

1. R.L. Gupta and Others ,” Advanced Accountancy,” Sultan Chand Sons, New Delhi
2. S.P. Jain and K.L. Narang, “Advanced Accounting,” Kalyani Publishers,New Delhi
3. RSN. Pillai, Bagavathi S. Uma, “Advanced Accounting,” S. Chand &Co, New Delhi.

6
4. M.C. Shukla, “Advanced Accounts,” S. Chand and Co., New Delhi.
5. Mukerjee and Haneef, Advanced Accountancy, Tata McGraw Hill, New Delhi.
6. Arulanandam, “Advanced Accountancy,” Himalaya Publication,Mumbai.
7. R.L. Gupta & V.K. Gupta “Principles and practice of Accountancy”, Eleventh edition-
2005 Sultan & Sons, New Delhi
8. S.Manikandan& R.Rakesh Sankar,” Financial Accounting,” Scitech Publications Pvt Ltd,
Chennai. Volume I & II.
9. T.S.Reddy & Dr.A.Murthy, “Financial Accounting,” Margham Publications, Chennai.
10. Tulsian., P.C.(2016) Financial Accounting, Tata Mcgraw-Hill, New Delhi.

LEARNING OUTCOMES : On successful completion of the subject, the students acquired

knowledge about:

 The Concepts and Conventions of Financial Accounting.

 Accounting for sole traders with adjustment entries and Rectification of Errors
 Calculation of Accounts of Non-profit organization and Bills of exchange.
 Accounts of the Agency Business and temporary partnership.
 Preparation of Accounts under Single Entry System. Calculation of Depreciation and Provisions
and Reserves by using the various methods

***

7
First Year CORE COURSE-II Semester-I

MARKETING
Code: (Theory) Credit: 5

OBJECTIVES:

 To know the basic concepts and functions of marketing

 To learn about the buyer behaviour and new product development
 To understand the pricing methods and services rendered by the middlemen
 To gain knowledge on various promotional methods
 To have an idea on marketing research and recent trends in marketing

UNIT- I INTRODUCTION TO MARKETING:

Marketing - Evolution – Definition- Classification- Objectives- Selling Vs. Marketing – Marketing

A Science Or Art? - Modern Concept Of Marketing – Role Of Marketing In Economic
Development - Functions – Buying- Selling - Transportation – Warehousing – Standardization –
Grading – Packaging- ISO Series And AGMARK - ISI.

UNIT- II PRODUCT:

Buyer’s behaviour – Buying motive – Market segmentation - Product - Features - Classification -

New Product Planning and Development - Product Mix - Product Life Cycle - Branding - Brand
Loyalty and Equity.

UNIT -III PRICING:

Pricing - Objectives - Factors - Methods and strategies. Channels of Distribution – Wholesaler and
Retailer – Services rendered by them.

UNIT –IV SALES PROMOTION:

Sales Promotion –types- Need –Sales Promotion mix– Advertising – Publicity- Personal selling -
Advantages - Limitations.

UNIT- V MARKETING INFORMATION SYSTEM:

Marketing Information System - Marketing Research - Features –Direct marketing –Online

Marketing -E Business – Telemarketing - Mail order business .

UNIT - VI CURRENT CONTOURS: (For Continuous Internal Assessment Only):

Recent Trends, assignments and Seminars.

8
TEXT AND REFERENCE BOOKS : (Latest Revised Edition Only)

1. R.S.N.Pillai & Bagavathi , “Modern Marketing,” S.Chand& Co., New Delhi.

2. RajanNair.N.,SanjithR.Nair,” Marketing,” Sultan Chand & Sons, New Delhi.
3. Kotler Philip, “Marketing Management,” Prentice Hall of India (Pvt) Ltd., New Delhi.
4. Monga&ShaliniAnand, “ Marketing Management,” Deep & Deep Publications, New Delhi.
5. Dr. L. Natarajan , “Marketing,” Margham Publications, Chennai.
6. Grewal , “Marketing,” Tata McGraw Hill management, New Delhi.
7. B.S.Raman, “Marketing,” United Publishers, Mangalore.

LEARNING OUTCOME :

 Familiar with the basic concepts and functions of marketing

 Effective understanding of buyer behaviour and new product development
 Communicate the pricing methods and services rendered by the middlemen
 Demonstrate analytical skills in selling the product in the market
 Develop knowledge in marketing research and recent trends in marketing

****

9
 First Year FIRST ALLIED COURSE –I Semester-I

MANAGEMENT CONCEPTS
Code: (Theory) Credit:3

OBJECTIVES :

 To expose students to the history of management thought.

 To facilitate students, understanding of their own managerial skills for decision making
 To Examine the complexity of organization structure for business
 To understand the importance of communication,
 To aware of controlling techniques used in organization.

UNIT- I INTRODUCTION TO MANAGEMENT:

Management- Definition-Nature, Scope, Functions and Levels of Management- Art, Science and
Profession-Functions of Managers - Development of Management Thought-Contributions by
F.W.Taylor, Henry Fayol and Others.

UNIT –II ROLE OF PLANNING:

Planning - Classification- Objectives- Characteristics- Steps- Process- Types- Methods- Advantages-

Limitations, Decision Making- Policies

UNIT –III ORGANIZATION STRUCTURE:

Organization and Structure- Types- Supervision and Span of Control- Departmentation- Organization
Charts- Authority and Responsibility-Delegation and Decentralization

UNIT – IV MOTIVATION AND COMMUNICATION:

Motivation-Types-Theories-Maslow, Herzberg, Mc Gregor and Others – Communication- Principles-

Types and Barriers of Communication

UNIT –V LEADERSHIP:

Leadership - Functions- Styles - Theories- Coordination- Features-Types and Techniques- Control -

Process- Effective Control System-Techniques of Control.

UNIT - VI CURRENT CONTOURS (For Continuous Internal Assessment Only):

Globalization-Development of Environment-Ethics and Social Responsibility-Multicultural

Effectiveness- Challenges in Modern Leadership-Time Management-Increasing Team Spirit.

10
REFERENCE BOOKS :

1. L.M.Prasad, Principles and Practice of Management -Sultan Chand and Company

2. K.Sundar, Principles of Management- Vijay Nicole Imprints Private Limited Chennai
3. Fred Luthans , Organisational Behaviour - Mcgraw Hill New York
4. Louis A.Allen Management And Organisation - Mcgraw Hill Tokyo
5. Weihrich And Koontz Et.Al Essentials of Manangement –Tata Mcgraw Hill New Delhi.

LEARNING OUTCOMES :

 To Understand the Evolution and theory of Management,

 To develop the students to take decisions in various fields.
 To get a knowledge about various organization structure and its responsibility,
 To develop the flow of communication among the people,
 To examine and practice the suitable leadership pattern in organization.

****

11
 First Year CORE COURSE - III Semester-II
BUSINESS ACCOUNTING
Code: (Theory) Credit: 5

LEARNING OBJECTIVES :

 To help students gain knowledge about branch accounts and departmental accounts.
 To impart knowledge of handling hire purchase accounts and Installment purchase system.
 To transform knowledge about Self Balancing and Sectional Balancing ledgers and Royalty
Account
 To enable students to prepare the accounts for Fire Insurance claims and sale of return.
 To impart skills for prepare the accounts for insolvency, statement of affairs.

UNIT -I BRANCH AND DEPARTMENTAL ACCOUNTS:

Branch accounts - (Excluding foreign branches) – Departmental accounts

UNIT -II HIRE PURCHASE & INSTALLMENT PURCHASE SYSTEM:

Hire Purchase accounts & Installment purchase system.

UNIT –III ROYALTY ACCOUNTS:

Self Balancing and Sectional Balancing ledgers – Royalty Account.

UNIT- IV FIRE INSURANCE CLAIMS AND ACCOUNT FOR SALE OF RETURN:

Fire Insurance claims for loss of stock and profits – Accounting for sale or return.

UNIT- V INSOLVENCY ACCOUNTS:

Insolvency accounts – statement of affairs – insolvency of individual only.

Theory 20% Problem: 80%

UNIT - VI CURRENT CONTOURS (For Continuous Internal Assessment Only):

Recent Trends, assignments and Seminars

12
TEXT AND REFERENCE BOOKS : (Latest revised edition only)

1. R.L. Gupta and Others : “Advanced Accountancy”, Sultan Chand Sons, New Delhi.
2. S.P. Jain and K.L. Narang: “Advanced Accounting”, KalyaniPublisherss, New Delhi.
3. R.S.N. Pillai, Bagavathi, S. Uma: “Advanced Accounting”,S.Chand& Co, New Delhi.
4. M.C. Shukla: “Advanced Accounts” S. Chand and Co., New Delhi.
5. Mukerjee and Haneef “Modern Accountancy”,Tata McGraw Hill, Delhi.
6. Arulanandam “Advanced Accountancy “, Himalaya Publications,Delhi
7. N Vinayagam & B. Charumathi “Financial Accounting”, Second revised edition-2008 S.
Chand & Company Ltd, New Delhi
8. Compendium of Statement and standards of Accounting: The Institute of Chartered
Accountants, New Delhi
9. Maheswari, S.N. & Maheshwary, S.K(2012)., “Fundamentals of Accounting”, Viikas
Publishing, New Delhi.
10. Gosh, T.P., “Fundamentals of Accounting”, Sultan Chand & Sons, New Delhi

LEARNING OUT COMES:

On successful completion of the subject, the students acquired knowledge about;

 Students are familiarized with branch accounts and departmental accounts

 Students can deal with hire purchase system and Installment purchase system
 Become knowledgeable on self balancing and sectional balancing ledgers and royaltyaccount.
 Trained to handle the Insolvency accounts and statement of affairs
 Trained to calculate Fire insurance claims and accounting for sale or return.

****

13
 First Year CORE COURSE – IV Semester-II
BUSINESS TOOLS FOR DECISION MAKING
Code: (Theory) Credit: 5

LEARNING OBJECTIVE:

 To impart introduction to statistics, and Measure of central tendency

 To learn Measures of Dispersion and Skewness.
 To understand Simple correlation and regression
 To familiar with Time series and interpolation
 To study Index numbers.

UNIT – I:

Introduction- Meaning, Characteristics, Stages and Uses of Statistics – Classification and Tabulation –
Diagrams and graphs – Bar and Pie diagrams – Graphs of one and two variables – Graphs of frequency
distribution - Measure of central tendency – Arithmetic mean, Median, Mode, Geometric Mean and
Harmonic mean.

UNIT – II:

Measures of dispersion- Range – Quartile deviation – Mean deviation – Standard deviation – Co-
efficient of variation - Measurement of Skewness.

UNIT – III:

Correlation- Simple correlation – Karl Pearson’s coefficient of correlation – Spearman’s rank

correlation – Concurrent deviation method - Regression analysis – Simple regression – Regression
equations.

UNIT – IV :

Analysis of time series - Components – Methods – Semi average – Moving average - Method of least
square – Interpolation – Meaning, Uses, Assumptions – Problems in Newton’s method only.

UNIT – V:

Index numbers - Price index numbers – unweighted and weighted – Tests in index numbers (Problems
in Time and factor reversal tests only) - Cost of living index number – Aggregate expenditure method –
Family budget method.

(Theory 20% Problems 80%)

UNIT - VI CURRENT CONTOURS (For Continuous Internal Assessment Only):

Recent Trends, assignments and Seminars

14
TEXT AND REFERENCE BOOKS : (Latest revised edition only)

1. Elements of Statistics by S.P. Gupta – Sultan Chand & Sons

2. Tools and Decision making by SL Aggarwal and SL Bharadwaj, Kalyani Publishers
3. Business Statistics by PA. Navanitham, Jai Publications, Trichy.
4. Elements of Practical Statistics by S.K. Kappor – Oxford and IBHP
PublishingCompany

LEARNING OUTCOMES: On successful completion of the course, the students will

acquireknowledge on:

 Basics in statistics, Classification, Tabulation and Measure of central tendency

 Measures of Dispersion and Skewness.
 Simple correlation and regression
 Time series and interpolation
 Index numbers

****

15
 First Year FIRST ALLIED COURSE – II Semester-II
BUSINESS ECONOMICS
Code: (Theory) Credit:3

LEARNING OBJECTIVE:

 To know about basics of Economics

 To understand the concept of demand and supply
 To know the factors of production and economics of large scale production.
 To understand the concept of pricing under perfect and monopolistic competition
 To learn fiscal policy of the Government

UNIT – I INTRODUCTION:

Definition, Nature and Scope of Economics – Art or Science – Concepts - Tools of Economic Analysis
– Micro and Macro Economics – Decision making in Business – Meaning of Business Economics- The
Economic System – Objectives of the Business Firm

UNIT – II DEMAND ANALYSIS:

Types of Demand – Law of Demand – Demand curves - Utility Analysis of Demand – Elasticity of
Demand and Demand Forecasting – Production function and law of returns: Factors of production –
Law of variable proportions – The law of returns to scale – Economies of scale – Consumer’s
Equilibrium.

UNIT – III ANALYSIS OF SUPPLY:

Supply – Law of Supply - supply schedule and supply curve – Determinants of supply – Measurement
of Elasticity of supply – Market Structure – Equilibrium of firm and industry – Optimum firm – Pricing
under perfect & Monopolistic competition - Types of supply curves.

UNIT – IV COMPETITIONS AND THEORIES OF FACTORS OF PRODUCTION:

Perfect Competition – Imperfect Competition – Theories of Rent, Wages, Interest and Population
– National Income and Expenditure – Measurement – Fiscal policy method.

UNIT – V COST AND REVENUE:

Concepts of Cost – Cost of Production in short and long period – Demandand revenue curves – Relation
between average and marginal revenue – Break Even Analysis.

UNIT - VI CURRENT CONTOURS (For Continuous Internal Assessment Only):

Recent Trends, assignments and Seminars,

16
REFERENCE BOOK :

1. Business Economics by T. Aryamala – vijay Nicole Imprints Private Limited – Chennai.

2. Business Economics by Dr.S.Sankaran– Margam Publication , Chennai.
3. Business Economics by K.P.M. Sundaram and Sundharam - Sultan chand & Co., New
Delhi.
4. Business Economics by Misra & Puri – Himalaya Publications, Mumbai.
5. Business Economics by P. N. Reddy & Appannaiah – S.Chand & Co., Chennai.

LEARNING OUTCOMES :

 The Micro and Macro Economics relating to business.

 Demand and concepts in relation to Law of Demand, Demand Curves and Elasticity of Demand.
 Production function, scale of production and economics of large scale production and limitations.
 Law of Supply, Optimum firm, pricing under Perfect and Monopolistic competition.
 Income and Expenditure pattern of National Income.

****

17
 Second Year CORE COURSE – V Semester-III
PARTNERSHIP ACCOUNTS
Code: (Theory) Credit:5

LEARNING OBJECTIVES:

 To enable the students understand the Partnership & Partnership Deed andprepare the accounts
related to partnership accounts.
 To impart knowledge to prepare accounts for partner admission,Revaluation account,
Partner’s capital accounts and balance sheet
 To embed the students to prepare accounts for retirement of partners, Revaluation of Assets and
Liabilities, Capital Accounts and Balance Sheet.
 To orient the students to prepare the accounts for Dissolution of partnership firm, Realisation of
asset and Liabilities.
 To equip the students to prepare the accounts of amalgamation of firms and conversion of sale
of a partnership firm to a company.

UNIT-I PARTNERSHIP ACCOUNTS ELEMENTARY:

Partnership - Meaning, Partnership Deed, Capital Accounts. Accounting Treatment - Distribution of

Profits- Interest on Partner’s Loans - Interest on Capital and Drawings - Salary and Commission of
Partner- P&L Appropriation Account- Capital Accounts of partners – Fixed–Fluctuating-Past
Adjustment and guarantee.

UNIT-II ACCOUNTING TREATMENT FOR PARTNERSHIP ADMISSION:

Admission of Partner, Calculation of Profit sharing ratio, Revaluation of assets and liabilities,
Treatment of Goodwill-Adjustments in Partners’ capital Accounts , Revaluation of Assets and
Liabilities, Accumulated Profits and Losses, Partner’s Capital Accounts and Balance

UNIT-III ACCOUNTING TREATMENT FOR PARTNERSHIP RETIREMENT:

Retirement of a Partner, calculation of Gaining ratio, Treatment of goodwill,

Revaluation of assets and liabilities, Accumulated reserves and profits, Adjustments regarding
partner’s Capital Account, Calculation of profit up to the date of death of a partner. Preparation of
Capital Accounts and Balance Sheet.

UNIT-IV ACCOUNTING TREATMENT FOR DISSOLUTION OF

PARTNERSHIP FIRM:
Dissolution of partnership firm, Realisation of asset and making payment of Liabilities,
Treatment of unrecorded Assets and Liabilities, Preparation of Realisation Accounts ,
Partner’s Capital Accounts and Bank Accounts –Insolvency of a partner- Garner vs
Murray-insolvency of all partners- Piece-meal distribution - Proportionate capital –
Maximum possible loss.

18
UNIT-V ACCOUNTING TREATMENT FOR AMALGAMATION OF FIRMS:

Amalgamation of firms – Computation of purchase consideration - Conversion ofsale of

a partnership firm to a company.

Theory 20% Problem: 80%

UNIT- VI CURRENT CONTOURS (For Continuous Internal Assessment only):

Recent Trends, assignments and Seminars

Text and Reference Books (Latest revised edition only)

1. Financial Accounting by T.S.Reddy and A.Murthy, Margham Publications,Chennai.

2. Modern Accountancy by A Mukherjee and M Hanif TMH Publishing company New Delhi
3. Financial Accounting by Dr.S.N. Maheswari, Vikas Publishing House, New Delhi.
4. Advanced Accounting by Grewal and Shukla, S.Chand Publishers, New Delhi.
5. Introduction to Accounting by P.C.Tulasian, Pearson Editions,
6. Financial Accounting by Jain & Narang. Kalyani Publishers, Chennai.
7. AdvancedAccountancy by Jain.S.P and Narang. K.L edition 2018, Kalyani Publications,
Ludhiana.
8. Advanced Accounts by M.C. Shukla, T.S. Grewal. S.C. Gupta 19th edition 2016. S.Chand
& Co., Ltd., New Delhi.
9. Advanced Accounting (Financial Accounting) by R.S.N. Pillai, Bagawathi& S. Uma -volume
I. edition 2017. S. Chand& Co. Ltd., New Delhi.
10. Financial Accounting by R.L. Gupta & V.K. Gupta, , edition 2017, Sultan Chand &Sons,
New Delhi.

LEARNING OUTCOMES:

On successful completion of the subject, the students acquired knowledge about;

 Students are aware about partnership accounts and various AccountingTreatments.

 Students can familiar with accounts for Admission of Partner, Partner’sCapital Accounts
and Balance Sheet.

 Students become knowledgeable on calculation of Gaining ratio, Adjustments regarding

partner’s Capital Account at the time of Retirement of a Partner
 Students get trained to prepare the accounts for Dissolution of partnership firm, Realisation
of asset and Insolvency of a partner.
 Trained to calculate the accounts for Amalgamation of firms and Conversion of sale of a
partnership firm to a company.

19
 Second Year CORE COURSE – VI Semester-III
BUSINESS LAW
Code: (Theory) Credit:5

LEARNING OBJECTIVES:

 To gain knowledge about the law relating to Business activities’

 To gain knowledge law relating to Contract
 To gain knowledge law relating to Bailment, pledgement and Agency
 To gain knowledge about the Law of sale of Goods Act
 To gain Knowledge about the Negotiable Instruments Act and Information TechnologyAct and to create
awareness about e-commercial law(IT Act and Cyber - Crime)

UNIT-I MERCANTILE LAW:

Introduction – Definition and Scope of Mercantile law – Sources of Mercantile Law – Contracts –
Nature, Kinds and requisites for Valid contracts – ContingentContract – Quasi Contract – Void
agreements

UNIT –II CONTRACT:

of a Contract – Discharge of a contract - Remedies for breachincluding Specific Performance

UNIT – III AGENCY:

Indemnity and Guarantee – Bailment and pledge – Agency- Creation of Agency – Classification of
Agents, Powers and Duties of Agent and Principal – Termination of Agency.

UNIT – IV LAW OF SALE OF GOODS :

Definition- Essentials of a Contract of Sale – Goods – Classificationof Goods - Distinction between

Sale and Agreement to sell – Document of Title to Goods – Rules Regarding delivery of goods –
Acceptance of delivery – Rights of an unpaid seller – condition & warranty.

UNIT – V LAW OF NEGOTIABLE INSTRUMENTS:

Law of Negotiable Instruments (Instrument Amendment Act, 2015 – Definition – characteristics –

classification- notes, bills, cheques and promissory note.) -

UNIT- VI CURRENT CONTOURS (For Continuous Internal Assessment only):

Recent Laws relating to business: Cyber Laws- Information Technology Act 2000
Recent Trends in Business Laws
Recent amendments in Contract Act - Case studies.

REFERENCE BOOKS:

1. Mercantile law by M.C. Shukla – S. Chand & Company, New Delhi.

2. Business law by N.D.Kapoor – S. Chand & Sons, New Delhi.
3. Mercantile law by Batra and Kalra – Tata McGraw Hill Co, Mumbai

20
 4. Mercantile law by M.C. Kuchhal – Vikas Publishing House, Chennai
5. Dynamic Business Law Nancy Kubasek and M. Neil Browne and Daniel Herron andLucien
, 5 th edition MC Graw Hill
6. Essentials of Business Law Student Edition, Anthony Liuzzo, MC Graw Hill
7. https://www.pinterest.com/pin/business-law-10th-edition-by-henry-r-cheeseman-in- 2022--
1105141196033462626/
8. Business Law I Essentials - Open Textbook Library (umn.edu)
9. The Information Technology Act, 2000|Legislative Department | Ministry of Law andJustice |
GoI
10. The Information Technology Act, 2000(3).pdf (meity.gov.in)

LEARNING OUTCOME: After the successful completion of the course students will able to get

 Knowledge about the basics of Law and to know about the meaning of contract.
 Knowledge about the Principle and Practices of law relating to contract.
 Knowledge aboutthe law relating to Bailment, pledgement and Contract of Agency
 Knowledge about the different aspects and the rules and regulations connected with Sale of
Goods Act
 Knowledge about the basics law pertaining to Negotiable Instruments, cyber-crime and thelaw
relating to Information Technology

****

21
 Second Year SECOND ALLIED COURSE -I Semester-III
BUSINESS COMMUNIATION
Code: (Theory) Credit:3

LEARNING OBJECTIVE:

 To know the basics of communication

 To understand various types of communication
 To know how to prepare various reports
 To prepare different types of letters
 To prepare different types of corporate communication

UNIT –I COMMUNICATION IN BUSINESS:

Meaning–Importance of communication – Forms of Communication - Nature–Scope–Network

of the Communication – Process of Communication – Barriers to Communication.

UNIT–II ENQUIRIES,ORDERS,CREDITANDCLAIMS:

Enquiries and Replies–Orders and their Execution–Credit and Status Enquiries– Claims and
Adjustments.

UNIT–III COLLECTION, SALES, CIRCULAR AND BANK CORRESPONDENCE:

Collection letter – Sales letter –Circular letter–Letters to Government-Bank Correspondence-

Importand Export Agency.

UNIT-IV APPLICATION LETTERS:

The form and contents of an application letter–Bio-data–Application blanks – Specimen application

letters – Reports-By individuals–By Committees.

UNIT-V MODERN COMMUNICATION METHODS:

Online Communication–Fax-E-mail-Voice mail-SMS-Internet-Teleconferencing-Videoconferencing –

Electronic bulletin boards.

UNIT –VI CURRENT CONTOURS (For Continuous Internal Assessment only)

Recent Trends, assignments and Seminars

REFERENCEBOOK:

1. Business Communication by N.S.Ragunathan & B.Santhanam.

2. Effective business English–Patternhetty
3. Essentials of Business Communication –Rajendra Pal&KoralaHalli
4. Effective Business English – Pattern Shetty.
22
LEARNING OUTCOMES FOR THE COMMUNICATION :

 Understands the basics of communication

 Knowledge about different types of communication
 Through knowledge on report writing
 Knowledge on preparation of different official letters
 Knowledge on corporate communication

*****

23
 Second Year NON MAJOR ELECTIVE COURSE- I Semester-III
1. PERSONAL INVESTMENT
Code: (Theory) Credit:2

OBJECTIVE:

 To make the students aware of various investment avenues and to facilitatethem for
effective investment planning.
 To enable the students to prepare Investment and financial planning
 To understand the students various bank deposit schemes and insurancepolices
 To know the basic concepts of Income tax benefits.
 To know about role of SEBI under Investments.

UNIT – I INTRODCTION:

Meaning and Definition of Investment – Concepts of Investment, Nature of Investment, Types

of Investors, Stages in Investment, Speculation- Types of Speculators, Distinction between
Investment and Speculation, Gambling – Meaning, features, Distinction between
Investment and Gambling

UNIT – II PRINCIPLES OF INVESTMENT:

Importance and basic -Principles of Investment , Kinds of Investment – Direct Investment

alternatives – Fixed Principal Investments, Variable Principal Securities and Non–Security
Investments – Stages in Investment.

UNIT – III INVESTMENT PLANNING:

Investment Planning – Financial Planning and Investment Planning, Features of Investment

Planning, Setting of investment goals at different stages of an individual ,Deciding the
investment time frame.

UNIT – IV POPULAR INVESTMENT MEDIA:

Popular Investment Media – Bank deposits –Saving deposits, Fixed deposits, Recurring Deposits,
Instruments of post office ,Savings certificates, Public Provident Fund , Companydeposits – Life
Insurance Schemes – Endowment policy, Whole Life policy, Term Life Policy, Money Back
Policy, Joint Life Policy, Children’s Insurance Policy, Group Policy, Unit Linked Insurance
Plans – Income tax benefits with respect to payment of premiums.
Real Estate – Reasons for growth, problems with Real Estate Investments, Chit funds, Plantation and
Farm Houses, Gold and Silver

UNIT – V TYPES OF SHARES

Investment in Equity and Preference Shares. Methods of Trading in Stock Exchanges, Investors’
Protection, Problems & Remedies, Role of SEBI in protecting investors’ interests

UNIT –VI CURRENT CONTOURS (For Continuous Internal Assessment only)

To update students are saving, investing, Finacial production,

Tax saving, and retirement planning’s in detailed.

24
TEXT AND REFERENCE BOOKS:

1. Punithavathy Pandiyan – Security Analysis and Portfolio Management,

VikasPublishing house, New Delhi
2. Dr. Radha, Parameswaran and Dr. Nedunchezhian – Investment Management,Prasanna
Publishers, Chennai.
3. Preeti Singh – Investment Management, Himalaya Publishing House, Mumbai.
4. V.A. Avadhani – Investment Management, Himalaya Publishing House,
Mumbai 1
5. Rajiv k. tayal-Art of handling money and investments: a practical guide to
personal finances Atlantic publishers and distributors (p) ltd,

COURSE OUTCOMES: On successful completion of the subject the student acquired

knowledge about

 Concept and conversions of personal investment

 Calculation of personal investment planning
 Knowledge about various methods of insurance policies.
 Fundamentals of Investment in Equity and Preference Shares
 Well in prepared Investment Planning

***

25
 Second Year NON MAJOR ELECTIVE COURSE - I Semester-III
2. ELEMENTS OF INSURANCE
Code: (Theory) Credit:2

OBJECTIVE:

 To highlight the importance of insurance and its basic concepts.

 To make the students aware of various insurance and to impact of economicdevelopment
 To enable the students to prepare procedure regarding settlement of policy claims
 To understand the students various Principles of life insurance, marine, fire, Medical insurance
etc.
 To aware the students know Principles of life insurance and various kinds.

UNIT – I INTRODCTION:

Introduction to insurance: purpose and need of insurance – insurance as a socialsecurity tool –

insurance and economic development – types of insurance.

UNIT – II AGENT:

Procedure for becoming an agent: Pre-requisite for obtaining a license – duration of license
– cancellation of license – revocation or suspension/termination of agent appointment – code of
conduct – unfair practices

UNIT – III FUNDAMENTALS OF AGENCY:

Fundamentals of agency - definition of an agent – agents regulations – insurance

intermediaries – agents’ compensation – IRDA.

UNIT – IV FUNCTIONS OF THE AGENT:

Functions of the agent: proposal form and other forms for grant of cover – financial andmedical
underwriting – material information – nomination and assignment – procedure
regarding settlement of policy claims

UNIT – V PRINCIPLES OF LIFE INSURANCE:

Fundamentals/Principles of life insurance/marine/fire/medical/general insurance: Contractsof

various kinds – insurable interest – Actuarial science.

UNIT –VI CURRENT CONTOURS (For Continuous Internal Assessment only)

To aware students are Difining risk,,fortutity, insurable interest, and Risk shiftingand Risk
Distribution in insurance.

26
TEXT AND REFERENCE BOOKS:

1. Insurance by Dr. P. Periyasamy – Tata McGraw Hill

2. Fundamentals of Insurance by P. Periasamy by Vijay Nicole Imprints (P) Ltd
3. Insurance in India by P.S.Palande, R.S.Shah.
4. Insurance principles and practices by Mishra M.N – S.Chand& Co.
5. Insurance Regulatory Development Act, 1999.

OURSE OUTCOMES:

 On successful completion of the subject the student acquired knowledge about

 Concept and conversions of elements of insurance
 Fundamentals of agency, Procedure for becoming an agent
 Knowledge about various methods of insurance policies.
 Calculation of Agent proposal form and other forms
 Know about procedure regarding settlement of policy claims.

*****

27
 Second Year CORE COURSE – VII Semester-IV
COST ACCOUNTING
Code: (Theory) Credit:5

LEARNING OBJECTIVE:

 To enable the students to know the importance of costing and to understand thebasic
concepts
 To acquaint learner with various methods and techniques of costing.
 Make learner understand benefit of costing to production unit, service unit and toGovt.
organizations.
 Develop among learners various skills of costing techniques to be applied for
minimization of cost and maximization of profit / social welfare.
 Learners understand to find out process costing

UNIT –I:

Cost accounting-Definition, nature and scope of cost accounting cost concepts - classification -
objectives and advantages - demerits of cost accounting methods and techniques - cost unit
cost centres - cost sheet.

UNIT- II:

Materials cost - purchase procedure - stores procedure - receipt and issue of materials - storage
organization and layout - Inventory control levels of stock, perpetual inventory. ABC Analysis,
EOQ Stores ledger - pricing of material issues, FIFO, LIFO, Simple Average & Weighted
Average.

UNIT –III:

Labour cost- Time keeping and time booking - methods of remuneration and incentive
schemes - overtime and idle time - labour turnover - types - causes and remedies.

UNIT- IV:

Overheads, classification, allocation, apportionment, absorption – recovery rates – Over &

Under absorption - cost sheet and cost reconciliation statement

UNIT –V:

Job costing, Contract costing, Process costing (Normal loss, Abnormal loss and gainsonly) -
operating costing
Theory: 20%, Problem: 80%

UNIT –VI CURRENT CONTOURS (For Continuous Internal Assessment only)

28
REFERENCES

1. Cost Accounting by Jain and Narang - Kalyani Publishers, Chennai

2. Cost Accounting by S.P. Iyengar - Sultan Chand & Sons, New Delhi.
3. Cost Accounting 2.e by A. Murthy and S. Gurusamy - Vijay Nicole Imprints (P)
Ltd, Chennai
4. Cost Accounting by Bhagwathi and Pillai - Sultan Chand & Sons, New Delhi.
5. Cost Accounting by S.N. Maheswari - Sultan Chand & Sons, New Delhi.
6. Cost Accounting by Dr. R. Ramachandran & Dr. R. Srinivasan, Sri Ram
Publication, Trichy.
7. Fundamental of cost accounting by DR NARISIS-Atlantic publication New Delhi

LEARNING OUTCOMES FOR COST ACCOUNTING

After completing this book they should enlighten by

 Learners are explained how accounts are maintained in cost a/c. and how to record
various costing transactions.
 Learner got insight as to where contract costing is applied, steps in contractcosting,
and profit is ascertained of complete & incomplete contract.
 Learner understood of Process costing is applicable and to ascertain cost at each
stage of process; valuation of abnormal gain & abnormal loss
 Learner understood of meaning, application of Marginal costing towards Break
even analysis, P/V ratio used in Managerial decision.
 Learner got understanding of standard cost and its types, process, and types of
variances through application used for Managerial decisions

****

29
 Second Year CORE COURSE – VIII Semester-IV
BANKING THEORY LAW AND
PRACTICE
Code: (Theory) Credit:5

LEARNING OBJECTIVES:

 To acquire knowledge about relationship between banker and customer andservices rendered
 To make the students understand the various types of accounts and savingsschemes
 To give them an overview about types of customers
 To have clarity about the rights, responsibilities and duties of paying andcollecting banker
 To make them aware of recent trends in Modern Banking,

UNIT -I BANKER AND CUSTOMER:

Definition of the term banker and customer – General relationship – specialrelationship – main
functions and subsidiary services rendered by banker – agency services and general utility
services.

UNIT- II TYPES OF SAVING ACCOUNTS:

Operations of Bank Accounts – Fixed Deposits – Fixed Deposit Receipt and it’s implications –
Savings Bank accounts – Current accounts – Recurring Deposit accounts- New Deposit savings
schemes introduced by Banks – Super Savings Package – Cash Certificate, Annuity Deposit –
Reinvestment plans – Perennial Premium plan – Non Resident (External) accounts Scheme.

UNIT- III TYPES OF CUSTOMERS:

Types of Customers – Account holders – Procedure for opening and closing of accounts of
Customers- particulars of individuals including Minor, illiterate persons- Married women –
Lunatics – Drunkards – Joint Stock Companies – Non- Trading Associations – Registered and
Unregistered Clubs – Societies, Attorney - Executive and administration – Charitable institutions –
trustees – Liquidators – Receivers – Local authorities – steps to be taken by banker in the event of
death, Lunacy, Bankruptcy – winding up Garnishee Order.

UNIT- IV PAYING AND COLLECTING BANKER:

Paying and collecting bankers – rights, responsibilities and duties of paying and collecting
banker – precautions to be taken in payment and collection of cheques – protection provided to
them – nature of protection and conditions to get protection –payment in due course – recovery of
money paid at mistake.

UNIT- V PASS BOOK AND CHEQUES:

Pass book and Issue of duplicate pass book – cheques - Definition of a cheque – requisites of a
cheque – drawing of a cheque - types of cheque – alteration – marking – crossing – different forms
of crossing and their significance – Endorsement loss of cheques in transit – legal effect. Modern

30
Banking, Bankingpractice – e banking – Internet banking – Mobile banking – ATMS- Cash
Machine – EFT (Electronic Fund Transfer) – RTGs, NEFT, MICR.

UNIT –VI CURRENT CONTOURS (For Continuous Internal Assessment only)

Recent Trends, assignments and Seminars

TEXT AND REFERENCE BOOKS (Latest revised edition only):

1. Sundaram and Varshney,“Banking Theory, Law & Practice” Sultan ChandCompany, New
Delhi
2. S.M. Sundaram“Banking Theory, Law & Practice” Sri MeenaksiPublications, Karaikudi
3. M.Kumar, Srinivasa,” Banking” New Central Book Agency
4. M.S. Ramasamy,”Tannan’s Banking Law & Practice in India” Sultan ChandCompany, New
Delhi.
5. E. Gorden and N. Natarajan” Banking Theory, Law &Practice”Himalaya Publication.
6. B.Santhanam, “Banking Theory, Law &Practice“Margham Publications,Chennai.R.J.
Jayasankar, “Marketing,” Margham Publications, Chennai.

LEARNING OUTCOME:

 Elucidate the services rendered by banks

 Have an understanding about various types of accounts and savings schemes
 Generate information types of customers
 Analyse information about the rights, responsibilities and duties of payingand collecting banker
 Express opinions recent trends in Modern Banking,

*****

31
 Second Year SECOND ALLIED COURSE-II Semester-IV
COMPANY LAW AND SECRETARIAL
PRACTICES (2013 Amendments)
Code: (Theory) Credit:3

LEARNING OBJECTIVES:

 To know about the procedures to form a company.

 To know about the documents of a company.
 To know about the Shares and debentures.
 To know about the types of company meetings.
 To know about the procedures for wind up a company.

UNIT – I JOINT STOCK COMPANY:

Definition– Kinds – Formation – Incorporation- Characteristics.

UNIT-II IMPORTANT DOCUMENTS OF A COMPANY:

Memorandum of Association under companies Act 2013 Contents - Doctrine of Ultra Vires
– Doctrine of indoor management - Articles of Association under companies Act 2013 –
Contents – Prospectus – Contents – Statement in lieu of Prospectus – Duties of a secretary
during the incorporation of a company.
.
UNIT – III CAPITAL OF A COMPANY:

Share Capital – Kinds of Shares – Voting Rights – Debentures Types of Debentures.

UNIT – IV MEETINGS AND RESOLUTIONS:

Meaning of Meetings – Types of Meeting - Director’s meeting - Statutory Meeting – Annual

general body meeting – Extra Ordinary general body Meeting –Pre requisites of valid
meeting - Resolutions – Ordinary & Special – Minutes – Duties of a secretary to conduct a
meeting.

UNIT – V WINDING UP OF A COMPANY :

Meaning- Modes of winding up – winding up by the court Voluntary winding up –

Members’ voluntary winding up – Creditors’ voluntarywinding up.

UNIT –VI CURRENT CONTOURS (For Continuous Internal Assessment only)

Recent amendments in compan’s Act 2013 - CSR

32
TEXT AND REFERENCE BOOKS:

1. M.C.Shukla and S.S. Gulshan Principles of Company Law

2. N.D. Kapoor, Elements of Company Law , Sultan Chand and Sons
3. Gaffoor and Thothadri, Company Law , Vijay Nicole Imprints (P) Ltd
4. M.V. Dhandapani, Business Laws, Sultan Chand and Sons
5. V. Balachandran& M. Govindarajan,A Student Handbook on Company Law andPractice,
Vijay Nicole Imprints (P) Ltd.
6. S.BadriAlam and Saravanavel , Company Law, Himalaya Publications
7. Alan Dignam, John Lowry, Company Law, Oxford University Books
8. P P S Gogna, A Text Book of Company Law, S.Chand Publishing
9. N.D. Kapoor, Company Law and Secretarial Practice , Sultan Chand and Sons
10. https://e-book.icsi.edu/
11. https://www.taxmann.com/virtualbooks/product/7110-company-law-%7C-virtual- book

LEARNING OUTCOMES:

After the successful completion of the course students will able toget

 Knowledge regarding the procedures to form a company.

 Knowledge regarding how to prepare the documents of a company.
 Knowledge how to raise their owned capital and borrowings.
 Knowledge about the types of company meetings.
 Knowledge about the procedure for wind up a company.

****

33
 Second Year NON MAJOR ELECTIVE COURSE –II Semester-IV
1. INTRODUCTION TO ACCOUNTANCY
Code: (Theory) Credit:2

LEARNING OBJECTIVE:

 To enable the students to know the importance of accountancy and its concepts.
 To make the students aware of Double entry Book keeping system rules and procedures.
 To enable the students to prepare procedure Final Accounts of Sole Trader
 To understand the students various types of ledgers and Journals.
 To enable the students to

UNIT – I INTRODUCTION TO ACCOUNTANCY:

Definition of Accounting – Nature, Objectives and Utility of Accounting in Industrial and

Business Enterprise – Difference between Book-keeping and Accounting – Accounting
Concepts and Conventions. know Bank Reconciliation Statement.

UNIT – II DOUBLE ENTRY SYSTEM:

Double Entry System – Rules – Advantages and Disadvantages – Journal – Subsidiary

Books.

UNIT – III TRIAL BALANCE:

Ledger – Meaning – Balancing of Accounts – Difference between Journal and Ledger –

Trial Balance – Objectives – Limitations – Preparation of Trial Balance.

UNIT – IV ERRORS AND BRS:

Rectification of Errors – Objectives – Types – Methods – Bank Reconciliation

Statement. (Simple problems only)

UNIT – V FINAL ACCOUNTS

Final Accounts of Sole Trader (with Simple Adjustments).Theory: 20% Problem: 80%

UNIT VI CURRENT CONTOURS (For Continuous Internal Assessment only)

Recent Trends, assignments and Seminars

TEXT AND REFERENCE BOOKS (Latest revised edition only):

1. Advanced Accountancy – Arulanandam, Himalaya Publications,New Delhi.

2. Advanced Accounting – S.P. Jain and K.L. Narang, Kalyani Publishers,Chennai
3. Advanced Accounts – M.C. Shukla T.S. Grewal and S.C. Gupta,S.Chand& Sons, New Delhi.
4. Principles of Accounting – Finnery, H.A. and Miller, H.E., PrenticeHall.
5. Introduction to Accountancy – Jaya, Charulatha and Baskar, Vijay Nicole Imprints (P) Ltd,
Chennai 20

34
LEARNING OUTCOMES: On successful completion of the subject the student

 Acquired knowledge about

 Concept and conversions of Accounting
 Fundamentals of Double Entry System
 Knowledge about various Journal and Ledger.
 Preparation of Final accounts .
 Knowledge about various methods Final account adjustments.

****

35
 Second Year NON MAJOR ELECTIVE COURSE –II Semester-IV
2. SALESMAN SHIP
Code: (Theory) Credit:2

LEARNING OBJECTIVE:

 To make the students aware of selling techniques and planning

 To enable the students to types of saleman in the Marketing area
 To understand the students in buyer motives and behaviours
 To enable the students to know the importance of online stores andsales opportunities.
 To know about various selling techniques.

UNIT - I SELLING:

Introduction to selling- meaning- definitions-importance- methods- qualities- functions duties-

responsibilities – types of sales person – sales careers

UNIT - II BUYER BEHAVIOUR

Selling process – steps- customer expectations – understanding prospects-

importance sources- buyer motives and behaviour- transaction oriented selling –relationship selling.

UNIT - III SALES PLANNING

Selling techniques – planning- setting objectives- approach techniques –building rapport- product
knowledge- product benefits- features –functions- sales presentation demonstration- handling objections-
handling difficult customers- closing sales – after sales service.

UNIT - IV SELLING OPPORTUNITIES:

Sales territory- sales targets/quotas- creating product strategies – understanding selling terms and prices-
retail store sales person- online stores and sales opportunities – personal selling in the information age.

UNIT – V SALES FORCE MANAGEMENT:

Sales force management- selection- training- motivation- compensation –

supervision and control- sales reports and knowledge management – evaluation-selling expenses- sales
team professionalism – ethics- personal grooming.

UNIT –VI CURRENT CONTOURs (For Continuous Internal Assessment)

Recent Trends, assignments and Seminars

TEXT AND REFERENCE BOOKS (Latest revised edition only)

1. Sahu and Raut: Salesmanship and Sales Management, Vikas PublishingHouse, Chennai.
2. CL Tyagi&Arun Kumar: Sales Management, Atlantic Publishers
3. SaChunawalla: Sales Management, Himalayas Publications, New Delhi.
4. Sundar and Madhavan: Salesmanship and Sales Management, Vijay NicoleImprints (P) Ltd, Chennai
5. PC Pardesi: Salesmanship and Sales Management, NiraliPrakashan

36
LEARNING OUTCOMES:
On successful completion of the subject the student acquired knowledge about

 Concept and conversions of salesmanship

 Fundamentals of selling process and its activities
 Knowledge about various Sales force management.
 To know how about Selling techniques.
 knowledge about personal selling and sales team professionalism

****

37
 Third Year CORE COURSE IX Semester-V
CORPORATE ACCOUNTING-I
Code: (Theory) Credit:5

LEARNING OBJECTIVE:

 To enable the students to know about accounting procedure in corporateaccounting

 To make learner to understand format of company final accounts and various schedules
of company final accounts.
 To make learner to acquaint information of buy-back of shares and their legalformalities
 To acquaint learner with various methods and techniques of amalgamation
 To understand sources of financial activities towards company
 Develop among learners various skills of corporate techniques to be applied for
minimization of cost and maximization of profit

UNIT –I:

Shares - introduction legal provisions regarding issue of shares, application, allotment, calls, calls-
in-arrears, calls-in-advance, issue of shares at premium- issue of shares at discount- forfeiture of
shares - re-issue-accounting entries.

UNIT- II:

Debentures -Issue and redemption of debentures - methods of redemption of debentures- installment

- cum-interest and Ex-interest redemption by conversion, sinking fund, insurance policy.
Redemption of preference shares- implication of Section 80 and 80A of the Companies Act

UNIT –III:

Amalgamation - purchase consideration- accounting treatment - pooling of interest method and

purchase method, Absorption, external and internal reconstruction of companies.

UNIT- IV:

Accounts of Holding company - legal requirements relating to presentation of accounts -

Consolidation of balance sheet (excluding chain holding)

UNIT -V:

Final accounts of banking companies (new format) and Insurance companies (New Format)

Theory: 20%, Problem: 80%

UNIT –VI CURRENT CONTOURS (For Continuous Internal Assessment only)

38
REFERENCES:

1. Advanced Accountancy by M.C. Guptha, Shukla and Grewal - S. Chand

2. publishing, Delhi
3. Advanced Accountancy by R.L. Gupta and Radhaswamy - Sultan Chand & Sons,New Delhi.
4. Advanced Accountancy by Jain and Narang - Kalyani Publishers, Chennai
5. Corporate Accounting by Palaniappan & Hariharan - Vijay Nicole Imprints (P) Ltd,
Chennai.
6. Advanced Accountancy by Arulanandam and Raman - Himalayan Publishers, NewDelhi.
7. Corporate accounting by Mohemed Hanif-amazon
8. Fundamentals of Corporate Accounting ; Authors, Mohammed Hanif, Amitabha Mukherjee ;
Publisher, McGraw-Hill Education

LEARNING OUTCOMES FOR COST ACCOUNTING

After completing this book they should enlighten by

 To make learner to understand format of company final accounts and various schedules of
company final accounts.
 To make learner to acquaint information of buy-back of shares and their legalformalities
 To acquaint learner with various methods and techniques of amalgamation To understand
sources of financial activities towards company
 Develop among learners various skills of corporate techniques to be applied forminimization
of cost and maximization of profit

****

39
 Third Year CORE COURSE- X Semester-V
COMPUTER APPLICATIONS IN
BUISNESS
Code: (Theory) Credit:5

LEARNING OBJECTIVE:

 To enable the students to know the importance of computer application in business. and MS
word
 To learn Ms Excel
 To understand computerized accounting particularly Tally
 To familiar with accounting of inventories
 To know computerization of final account.

UNIT – I:

Computer – Meaning – Characteristics – Areas of application – Components – Memory control unit

– Input and output devices – Ms Word – Creating word documents – creating business letters using
wizards – editing word documents – inserting objects – formatting documents – spelling and
grammar check – word count – thesaurus, auto correct working with tables – opening, savings
and closing documents – mail merge.

UNIT – II

Spread sheet – Spread sheet programmes and applications – Ms Excel and features –
Building work sheets – entering data in work sheets, editing and formating work sheets – creating
and formatting different types of charts - application of financial and statistical function –
creating, analyzing and organizing data – opening and closing work books – Introduction to Pivot
tables.

UNIT – III:

Fundamentals of Computerized accounting – Computerized accounting Vs manual accounting -

Architecture and customization of Tally – Features of Tally – latest version – Configuration of
Tally – Tally screens and menus – Creation of company – Creation of groups – Editing and deleting
groups – Creation of ledgers – Editing and deleting ledgers – Introduction to vouchers – Vouchers
entry – Payment vouchers – Receipt vouchers – Sales vouchers – Purchase vouchers – Contra
vouchers – Journal vouchers – Editing and deleting
vouchers.

UNIT – IV:

Introduction to Inventories – Creation of stock categories – Creation of Stock groups – Creation of

Stock items- Configuration and features of stock item– Editing and deleting stocks – Usage of
stocks in Vouchers entry. Purchase orders – Stock vouchers – Sales orders – Stock vouchers –
Introduction to cost – creation of cost category – Creation cost centers – Editing and deleting cost
centers & categories – Usage of cost category and cost – centers in vouchers entry – Budget and
controls – Creation of budgets – Editing and deleting budgets – Generating and printing reports
in detailed and condensed format.

40
UNIT – V:

Day books– Trial balance – Profit and Loss account – – Balance sheet . Ratio analysis, Cash
flow statement – Fund flow statement – Cost centre report – Inventory report – BankReconciliation
Statement.

UNIT – VI CURRENT CONTOURS (for Continuous Internal Assessment only)

MS Power Point - Creating a simple presentation – Creating, inserting and deleting slides –
Saving a Presentation

TEXT AND REFERENCE BOOKS (Latest revised edition only)

1. Computer Applications in Business – S.V. SrinivsasaVallabhan – Sultan &Chand Publication.

2. Microsoft office – Jones & Derek – John wiley& sons inc.
3. Implementing Tally – A.K. Nadhani, BPB Publications.
4. Computer Application in Business – R. Paramasivam – S.Chand& Co,New Delhi.
5. Computer Application in Business: Dr.Joseph Anbarasu, Learntech Press

Learning Outcomes:

On successful completion of the course, the students will acquire knowledge on:

 Basics of computer application in business. and Creating and editing of word documents,
opening, savings and closing documents; and mail merge
 Spread sheet programmes and applications, creating and formatting different types of charts,
and application of financial and statistical function.
 Architecture and customization of Tally, Editing and deleting ledgers, and Vouchersentry
 Accounting of inventories, Budget and controls
 Day books, Trial balance, final account and Bank Reconciliation Statement

***

41
 Third Year CORE PRACTICAL-I Semester-V
COMPUTER APPLICATIONS IN
BUISNESS
Code: ( Practical ) Credit:5

LEARNING OBJECTIVE:

 To develop skill on preparation of business letters, bio-data, Table.

 To create work sheet, Charts, and enclosures.
 To filter date using Auto filter, and application of accounting and statistical formulae.
 To make voucher entries, Prepare final accounts from the trial balance and Inventoryreport
 To Prepare Bank Reconciliation Statement and pay roll and computation of GST.

LIST OF PRACTICAL:

UNIT-I MS WORD PROCESSING:

1. Creating business letters

2. Creating an application for the job with the bio-data
3. Creating Circular letter with mail-merge options
4. Creating a Table by using the split and merge options

UNIT- II MS-EXCEL – SPREAD SHEET APPLICATIONS:

1. Creating a work sheet like mark sheet, Pay Slip, PF Contribution list etc.
2. Creating Charts – All types of charts and graphs
3. Creating a list for the enclosures

UNIT -III MS-EXCEL – SPREAD SHEET APPLICATIONS:

1. Filtering the date using Auto filter custom filters using comparison operations
2. Creating Pivot tables
3. Commercial Formula applications
4. Statistical formula applications (within the syllabus of business tools for decisions)

UNIT -IV ACCOUNTING PACKAGE:

1. Preparing voucher entries for the given transactions.

2. Preparing final accounts from the trial balance given with any ten adjustments
3. Inventory report

UNIT- V ACCOUNTING PACKAGE:

1. Bank Reconciliation Statement

2. Preparation of pay roll vouchers based on attendance
3. GST computation & forms

42
UNIT – VI CURRENT CONTOURS (For Continuous Internal Assessment Only)

MS Power Point - Creating a simple presentation – Creating, inserting and deleting slides
– Saving a Presentation

LEARNING OUTCOMES:

On successful completion of the course, the students will acquire knowledge on:

 Preparation of business letters, bio-data, and Table.

 Creating work sheet, Charts, and enclosures.
 Filtering date using Auto filter, and application of accounting and statistical formulae.
 Entering vouchers, Prepare final accounts from the trial balance and Inventory report.
 Preparing Bank Reconciliation Statement and pay roll and computation of GST

***

43
 Third Year CORE COURSE XI Semester-V
MANAGEMENT ACCOUNTING
Code: ( Theory) Credit:5

LEARNING OBJECTIVES:

 To understand the concepts of Management Accounting.

 To gain knowledge on fund-flow and cash-flow in business operation.
 To understand budget and budgetary control in Business organization.
 Toknow the technique of marginal costing and standard costing
 To know the various methods of capital budgeting.

UNIT–I INTRODUCTION AND FINANCIAL STATEMENT ANALYSIS:

Management accounting – Definition – Objectives – Nature – Scope –Merits and

limitations– Differences between management accounting and financial accounting –
Management Accounting Vs Cost accounting - Financial statement analysis –
Comparative statement–Common size statement– Trend percentage–Ratio analysis

UNIT–II FUND FLOW AND CASH FLOW STATEMENT:

Fund flow statement – Schedule of changes in working capital – Funds from operation
– Sources and applications –Cash flow statement–Fund flow statement Vs Cash flow
statement–Preparation of cash flow statement as per AS - 3

UNIT–III BUDGET AND BUDGETARY CONTROL:

Budget and Budgetary control–Advantages- limitations– Types –Preparation of

Purchase, Production, sales, Flexible, Cash and Master budget

UNIT–IV MARGINAL AND STANDARD COSTING:

Marginal costing–CVP analysis–Break even analysis–BEP- Managerialapplications–

Margi of safety–Profit planning. Standard Cost in–Problems relating to Material and
Labour variance only.

UNIT–V CAPITAL BUDGETING:

Capital Budgeting–Payback period–Accounting rate of return-Discountedcash flow–Net

present value–Profitability index–Internal rate of return.

Theory : 20% Problem: 80%

UNIT- VI CURRENT CONTOURS (For Continuous Internal Assessment only)

Recent Trends, assignments and Seminars

44
TEXT AND REFERENCE BOOKS (Latest revised edition only)

1. S.N. Maheswari - Management Accounting– Sultan Chands & Sons

publications, New Delhi.
2. Sharma and Guptha–Management Accounting-Kalyani Publishers, Chennai.
3. R.Ramachandran and R.Srinivasan – Management Accounting–Sriram
publication.
4. A.Murthi and S.Gurusamy – Management Accounting Vijay Nicole Publications,
Chennai.
5. R.S.N.Pillai & V.Baghavathi – Management Accounting– S.Chand &Co, Mumbai
6. Hingorani & Ramanthan – Management Accounting - S.Chand & Co,NewDelhi.

LEARNING OUTCOMES:

After the successful completion of course the students will be able to understand

 Basic knowledge on Management Accounting.

 Preparation of fund flow statement and cash flowStatement as per AS - 3
 Understand the Marginal costing and Variance analysis
 Select better Design various types of Budget
 project by applying appropriate capital budgeting

****

45
 Third Year MAJOR BASED ELECTIVE COURSE - I Semester-V
1. HUMAN RESOURCE MANAGEMENT
Code: ( Theory) Credit:5

LEARNING OBJECTIVES:

 To understand the concepts and principles of Human Resource Management.

 To understand about the Human Resource Management and importance of Human resources.
 To know about the importance and concepts of Human resources’ planning.
 To know about the HR functions.
 To know about the Human Resources Development.
 To know about the performance appraisal

UNIT – I INTRODUCTION TO HUMAN RESOURCE MANAGEMENT:

Meaning and Definition-Objectives-Functions- HR managers – Duties and Responsibilities

of HR Managers - Changing role of Human Resource Managers

UNIT – II HUMAN RESOURCES PLANNING PROCESS:

Concept of Human Resource Planning- Characteristics-Steps in Human Resource Planning

- Job Analysis - Job Description - Job specification.

UNIT – III RECRUITMENT AND SELECTION PROCESS:

Definition- Objectives- Factors affecting Recruitment- Source of Recruitment - Selection

process- Types of Testing- Kinds of Employee Interview- Medical Screening-Appointment
order.

UNIT – IV TRAINING:

Definition and purposes of Training- Distinction between Training and Development

Assessing Training Needs- Steps in Training- On the Job and Off the Job Training
Evaluation of Training Effectiveness- Methods of executive development.

UNIT – V PERFORMANCE APPRAISAL:

Definition and Objectives of Performance Appraisal –Steps in Appraisal- Traditional and

Non traditional methods of Performance Appraisal- Pre-requisites of a Good Appraisal
System- Defects in Performance Appraisal System.

UNIT- VI CURRENT CONTOURS (For Continuous Internal Assessment only)

Human Resources Information System: Meaning, Process, Meaning and importance of

HRIS- Advantages and Disadvantages of HRIS( Human Resource Information System).

46
LEARNING OUTCOMES :
After the successful completion of the course students will able toget

 Knowledge about the importance of HR.

 Knowledge about the Job Analysis, description and the importance of planning.
 Ideas about the selection process.
 Knowledge about the HR functions and its methods.Knowledge about the methods of
performance appraisal.

****

47
 Third Year MAJOR BASED ELECTIVE COURSE - I Semester-V
2. AUDITING
Code: ( Theory) Credit:5

LEARNING OBJECTIVES:

 To introduce the concept of auditing

 To study about vouching
 To assess the valuation and verification of assets and liabilities
 To explore the audit of share capital
 To gain knowledge on audit of computerised Accounting.

UNIT -I INTRODUCTION:

Introduction – definition of audit – objects of audit – classification of audit – Internal audit –

Periodical audit – Continuous audit – Interim audit – Balance sheet audit. Internal check –
Internal control. Procedure of audit – audit programme – test check –Auditing vs. Investigation.

UNIT- II VOUCHING:

Vouching – cash and trading transactions, personal and impersonal ledgers.

UNIT -III VALUATION AND VERIFICATION:

Valuation and Verification of assets and liabilities. Depreciation and Reserves – Auditors duties
regarding Depreciation and Reserves.

UNIT- IV AUDIT OF LIMITED COMPANIES:

Audit of Limited companies – share capital audit – share transfer audit –appointment,
qualification, rights and liabilities of company auditors – Audit reports.

UNIT- V DIVISIBLE PROFITS AND DIVIDENDS:

Divisible profits and Dividends – Audit of computerised Accounting.

UNIT –V CURRENT CONTOURS (For Continuous Internal Assessment):

Recent Trends Self Learing, assignments and Seminars

TEXT AND REFERENCE BOOKS (Latest revised edition only):

 Spicer and Pegler’s Practical Auditing by Ghatalia,S.V.- Allied Publishers Pvt Ltd.
 Practical Auditing by B.N. Tandon, S.Sudharsanam and S. Sundara Balu –
S.Chand publishing, New Delhi.
 Text Book of Auditing by V.K. Batra and K.C. Bagarrta – TMH.
 Auditing by Jagadish Prakash – Kalyani Publishers, Chennai.
 Auditing by Dinker Pagare – Sultan Chand & Sons, New Delhi.

48
LEARNING OUTCOME:

 Student will understand the concept of auditing

 Describe on vouching
 Have an understanding about valuation and verification of assets andliabilities
 Grasp an idea about audit of share capital
 Analyse information on audit of computerised Accounting

****

49
Third Year SKILL BASED ELECTIVE COURSE – I Semester-V
INFORMATION TECHNOLOGY CONCEPTS
(Theory)
Code: Credit: 2

LEARNING OBJECTIVES:

 To introduce Evolution, Classification and Applications of Computers

 To know Computer peripherals
 To learn about Software, Programming Language, Word Processing and Spread Sheets
Presentation
 To study Data Communication and BDP
 To aware utility of computers at different places, computer security and internet

UNIT- I:

Introduction to Computers - Definition, .Characteristics of computer, Evolution of Computer, Block

Diagram Of a computer, Generations of Computer, Classification Of Computers, Applications of
Computer, Capabilities and limitations of computer.

UNIT -II:

Computer peripherals - Role of I/O devices in a computer system. Input Units: Keyboard, Terminals
and its types. Pointing Devices, Scanners and its types, Voice Recognition Systems, Vision Input
System, Touch Screen, Output Units: Monitors and its types. Printers: Impact Printers and its types.
Non Impact Printers and its types, Plotters, types of plotters, Sound cards, Speakers, storage units.

UNIT- III:

Software and its needs, Types of S/W. System Software: Operating System, Utility Programs
Programming Language: Machine Language, Assembly Language, High Level Language their
advantages & disadvantages. Application S/W and its types: Word Processing, Spread Sheets
Presentation, Graphics, DBMS s/w.

UNIT- IV:

Data Communication and BDP: Communication Process, Data Transmission speed,

Communication Types (modes), Data Transmission Medias, Modem. Business Data Processing:
Introduction, data storage hierarchy, Method of organizing data, File Types, File Organization.

UNIT- V:

Computers at Home, Education, Entertainment, Business, Science, Medicine and Engineering -

Introduction to Computer Security - Computer Viruses, Bombs, Worms - WWW and Internet

UNIT – VI CURRENT CONTOURS (for Continuous Internal Assessment only)

Recent developments in computer world

50
REFERENCE BOOKS:

1. P.K.Sinha, Computer Fundamentals

2. Dr.S.V.Srinivasa Vallabhan - Computer Applications in Business, Sultan Chand, New Delhi
3. Alexis Leon and Mathews Leon by Fundamentals of Information, Technology. Vikas
Publishing Company, New Delhi
4. Deepak Bharihoke, Fundamentals of Information Technology, Excel Publications, New Delhi.

LEARNING OUTCOMES:
On successful completion of the course, the students will be able to

 Know Evolution, Classification and Applications of Computers

 Understand Computer peripherals
 Have knowledge on Software, Programming Language, Word Processing and Spread Sheets
Presentation
 Do Data Communication and BDP
 Aware utility of computers at different places, computer security and internet

****

51
 Third Year CORE COURSE – XII Semester-VI
FINANCIAL MANAGEMENT
Code: ( Theory) Credit:5

LEARNING OBJECTIVES:

 To understand the concepts of financial management.

 To learn about the Capital Structure.
 To gain knowledge about Leverage and Dividend Policy.
 To acquire knowledge about the Working capital management.
 To know the receivable and inventory management.

UNIT–I INTRODUCTION AND OBJECTIVES:

Financial Management: Meaning and scope– Objectives: Profitmaximization, Wealth

maximization – Functions – Financial decisions –Time value of money: Present value and
Compound value

UNIT – II COST OF CAPITAL AND CAPITAL STRUTURE:

Cost of capital–Cost of debt–Cost of preference share capital–Cost of equity–Cost of

retained earnings–Weighted average cost of capital. Capital structure–EBIT and EPS.
Theories of capital structure

UNIT–III LEVERAGES:

Leverage – Meaning, significance and types – Operating leverage – Financial leverage

– Combined leverage

UNIT – IV DIVIDEND POLICY AND MODELS:

Dividend policy – Determinants of dividend policy – Theories:Walter’s model, Gordon

model and MM model – Forms of Dividend – Stock dividend–Bonus issue–Stable
dividend.

UNIT–V WORKING CAPITAL MANAGEMENT:

Working capital management – Determinants of working capital – Fore casting of

working capital requirements – Cash management– Motives of holding cash–Stages
in cash management – ReceivableManagement
Theory:20%Problem:80%
UNIT –VI CURRENT CONTOURS (For Continuous Internal Assessment only)

Recent Trends , assignments and Seminars

52
TEXT AND REFERENCE BOOKS (Latest revised edition only)

1. S.N.Maheswari – Elements of financial management by–SultanChand & Sons.,

New Delhi
2. R.K.Sharma – Financial Management–Kalyani publishers,New Delhi
3. R.Ramachandran & R.Srinivasan – Financial Management–Sriram publication,
Trichy
4. Khan&Jain,-Theory and Problems of Financial managementMc Graw Hill
Publication, New Delhi
5. S.P.Gupta, - Financial Management- Sahitya Bhavan Pblication, New Delhi.

LEARNING OUT COMES:

After the successful completion of the course the students will be able to

 Understand basic concept of Financial management.

 Analyze the various cost of capital with respect of managethe funds.
 Apply the Leverage in EBIT and EPS a n a l y s i s
 C o m p u t e the var i o us m ode l s of Dividend Policy.
 Understand the various concepts of Working capitalmanagement and cash
management

****

53
 Third Year CORE COURSE – XIII Semester-VI
INCOME TAX LAW AND PRACTICE
Code: ( Theory) Credit:5

LEARNING OBJECTIVES:

 To understand the concept of Income tax

 To describe how to arrive taxable income from salary
 To find out the tax able income from house property
 To calculate the taxable income from Business and Profession.
 To ascertain the capital gains and income from other sources

UNIT -I INCOME TAX ACT 1961 AND RESIDENTIAL STATUS:

Income–Tax Act, 1961–Definitions- Basis of charge different types of assesses

previously earned Assessment year–capital and revenue income, expenditure and
loss– incomes exempted under section 10 –Residential status.

UNIT -II INCOME FROM SALARY

Income from salary: Basis of charge– Different forms of salary,allowances, perquisites

and their valuation– computation of taxable salary-deductions from salary.

UNIT -III INCOME FROM HOUSE PROPERTY

Income from House Property: Basis of charge– determination of annual value–GAV,

NAV–income from let-out property–selfoccupied property–deductions–computation of
taxable income.

UNIT -IV INCOME FROM BUSINESS OR PROFESSION:

Income from Business or Profession: Basis of charge – methods of accounting –

deductions – disallowances, computation of taxable income –profit and gains of
business and profession.

UNIT -V INCOME FROM CAPITAL GAINS:

Income from Capital Gains: Basis of charge–short and long term capital gains–indexed
cost of acquisition and improvement–exemptions–computationof taxable capital gains-
Computation of Income from other sources

Theory 20% Problem 80%

UNIT VI – CURRENT CONTOURS (For Continuous Internal Assessment)

Recent Trends self study, assignments and Seminars

54
TEXT AND REFERENCE BOOKS (Latest and revised editions):

1. Gaur and Narang, Income Tax Law and Practice “KalyaniPublishers”, New Delhi.
2. Dr.HC. Mehrotra, “Income Tax Law and Accounts,” SahithyaBhavan publishers
3. Dr.Vinod K.Singhania, Students Guide to Income tax “Taxmen’s Publications,
New Delhi
4. Murthy “ Income Tax Law & Practice” Vijay Nichole, Imprints (P) Ltd.
5. Dr. T.S. Reddy & Hariprasad Reddy ‘ Income tax’ – Margham Publications, Chennai
Margham

LEARNING OUT COMES;

After completing this course, the student will be able to

 Know about the procedures regarding basic rules and regulations andResidential status
 Update the new tax slabs regarding salaried employees
 Get the latest information about deductions for house property.
 Make sure about the admissible, inadmissible expenses and deductions.
 Allowable for business or professional incomes
 Grasp the concept of capital gains, other sources of income.

****

55
 Third Year CORE COURSE-XIV Semester-VI
FINANCIAL SERVICES
Code: (Theory) Credit: 5

LEARNING OBJECTIVES:

 To enable the students to know the meaning and types of financial services.
 To make the students to understand the meaning and features of hire purchase.
 To develop Knowledge about mutual funds.
 To Knowledge the students to know the meaning and features of venture capital.
 To enhance the students to know about the significance and types of Factoring.

UNIT – I INTRODUCTION TO FINANCIAL SERVICES:

Financial services – meaning – classification – financial products and services – challengesfacing the
financial service sector – merchant banking – meaning – functions – SEBI guidelines – scope of
merchant banking in India. NBFCs – RBI guidelines.

UNIT – II HIRE PURCHASE AND LEASING:

Hire purchase – meaning – features – process – hire purchase and credit sales – hire purchase vs
installment purchase – leasing – concept – steps involved in leasing – lease vshire purchase – types of
lease – problems and prospects of leasing in India.

UNIT – III MUTUAL FUNDS:

Mutual funds – meaning – types – functions – advantages – institutions involved – UTI, LIC,
commercial banks – entry of private sector – growth of mutual funds in India – SEBIguidelines – asset
management companies.

UNIT – IV VENTURE CAPITAL:

Venture capital – meaning – features – methods of venture capital financing – models ofventure
financing – venture capital investment process – factors determining venture investment – advantages of
venture capital – issues of Indian venture capital .

UNIT – V FACTORY:

Factoring - concepts – significance – types – factoring vs bills discounting – factoring inIndia –

forfeiting – meaning – forfeiting Vs export factoring – Problems of forfeiting / factor in

UNIT -VI CURRENT CONTOURS (For Continuous Internal Assessment Only)

Recent Trends , assignments and Seminars

TEXT AND REFERENCE BOOKS ( Latest revised edition only )

1. Financial markets & services by E.Gordon and K. Natarajan – Himalayapublishing house,

New Delhi.
2. Financial services by E.Dhanraj – S.Chand& Co., New Delhi.
3. Financial services by S.Mohan and R.Elangovan – Deep and DeepPublications, New Delhi.

56
4. Financial services by S.Gurusamy – Vijay Nicole Imprints (P) Ltd, Chennai.
5. Lease Finacial and Hire Purchase by Vinod Kothari – Wadhaw and Co., Nagpur.

LEARNING OUTCOMES :
On successful completion of the subject, the students acquired knowledge about;

 The meaning and types of financial services.

 The features of hire purchase.
 The functions of mutual funds.
 Meaning and features of venture capital.
 The significance and types of factoring.

***

57
 Third Year MAJOR BASED ELECTVE COURSE –II Semester-VI
1. ENTREPRENEURSHIP DEVELOPMENT
Code: (Theory) Credit: 5

LEARNING OBJECTIVES:

 To inculcate students to come up with good entrepreneur,

 To overcome the problems and challenges from the society,
 To know the role of small scale industries to obtain the next level ofbusiness,
 To improve the knowledge of process of business,
 To understand the passage of getting loan from project finance

UNIT -I INTRODUCTION TO ENTREPRENEURSHIP:

Entrepreneurship-Definition-Nature- Scope in Local and Global Market - Characteristics-Functions-

Types- Entrepreneur and Intrapreneur-Women and Rural Entrepreneurs-The Revolutionary Impact
of Entrepreneurship-Types of Enterprises and their Features- Manufacturing, Service and
Trading-Steps in settingup of a Business

UNIT –II ENTREPRENEURIAL COMPETENCIES:

Entrepreneurial Environment-Components-Role of Family and Society-Entrepreneurial Motivation-

Barriers in Business -Training and Development –Entrepreneurial Change-Occupational
Mobility-Factors in Mobility.

UNIT –III INSTITUTION FOR THE DEVELOPMENT OF SMALL SCALE

INDUSTRIES:

Entrepreneurship Development Programs (EDP)-Objectives-Importance-Phases- Evaluation-EDP

Institutions in India-SSIB-SIDCO-SISIS-DICS-NSIC-SIDO-KVIC- NISEBUD-NISIET-
Technical Consultancy Organizations-Functions.

UNIT –IV PROJECT MANAGEMENT:

Project Management-Concept of Project-Classification-Sources of Business Ideas- Project

Identification-Project Formulation and Design-Feasibility Analysis-Financial Analysis-Social Cost
Benefit Analysis-Project Appraisal Methods -Project ReportPreparation

UNIT -V ENTREPRENEURIAL DEVELOPMENT AGENCIES:

Project Finance- Sources of Finance- Institutional Finance- Role of IFC,IDBI, ICICI,LIC, SFC,
SIPCOT-Commercial Banks-Appraisal of Bank for Loans- Entrepreneurship Incentives –
Subsidies-Industrial Units- Benefits-Role of Industrial Estates

UNIT-VI CURRENT CONTOURS: (For Continuous Internal Assessment Only)

Geographical Challenges- Historical Attributes to Business-Country Topographical Features-

New Business Formation-Current Market Trends-Decision Making Skills.

58
REFERENCE BOOKS:

1. C.B.Gupta and Srinivasan, Entrepreneurial Development, Sultan Chand and Sons. Dr.S.S.
Khanka-Entrepreneurial Development, Sultan Chand and Sons.
2. Dr.P.Saravanavel Entrepreneurial Development, Learntech Press Trichy.
3. Vasant Desai, Dynamics of Entrepreneurial Development, Sultan Chand and Sons
4. DR.S.G.Bhanushali Entrepreneurial Development, Himalaya Publishing House -NewDelhi

LEARNING OUTCOMES:

 To enhance a student to behave as a good businessman,

 To emancipate the society to be mingled with,
 To obtain the next level of business value,
 To improve the process of business,
 To know the outset of proper financial plan for the development of business.

****

59
 Third Year MAJOR BASED ELECTVE COURSE –II Semester-VI
2. INVESTMENT MANAGEMENT
Code: ( Theory) Credit:5

LEARNING OBJECTIVES:

 To provide an overview of institutional details linked to financial markets and the trading
process,
 To provide a guide to the measurement and analysis of risk of financial investments
 To provide insight into the use of finance theory in investment management,
 To analyze the comprehensive structure of industry and technology,
 To address key issues in portfolio management.

UNIT -I INTRODUCTION TO INVESTMENT:

Investment-Meaning, Nature-Investment Vs Speculation-Process-Characteristics- Classification-

Investment For Consumption And Business-Investment Opportunities- Modes of Investment-
Financial Market-Functions-Types-Investment Companies-Mutual Funds-SEBI Regulations-
Investor Protection

UNIT –II RISK MANAGEMENT:

Risk in Investment-Types-Causes-Measurement of Risk-Range of Variation-Credit rating -

Limitations-CRISIL-CARE-ICRA-Listing of Securities.

UNIT -III VALUATION OF SECURITIES:

Investment Valuation-Equity Valuation-Bond Valuation-Role of Interest Rate- Theories of Interest

Rate-Calculation of Return-Immunization-Process-Problems- Price Elasticity-Votality of Bond
Prices

UNIT –IV INDUSTRY ANALYSIS:

Fundamental Security Analysis - Economic Indicators - Industry Analysis-Company Analysis -

Technical Analysis - Dow Theory - Market Theory.

UNIT –V PORTFOLIO MANAGEMENT:

Portfolio Management-Mean Varience Criteria-Theories of Portfolio-Sharp Single Index

Model-CAPM-Portfolio Revision-Portfolio Evaluation-Arbitrage Portfolio- Repo Rate- Rolling
Settlement.

UNIT –VI CURRENT CONTOURS (For Continuous Internal Assessment Only)

Public Sectors Asset Management - Creating Wealth through Markets – Time Horizon
Management - Smart Investment Strategies.

60
REFERENCE BOOKS:

1. V.K Bhalla, Investment Management - Sultan Chand and Company

2. Punithavathy Pandian , Security Analysis and portfolio management –Vikas’Publishing House
3. Preeti Singh , Security Analysis - Himalaya Publishing House - Mumbai
4. M.Sulochana, Investment Management - Kalyani Publishers.
5. V.A.Avadhani , Investment Management - Himalaya Publishing HouseMumbai

LEARNING OUTCOMES:

 To understand the financial market status and business opportunities,

 To get clear information about financial investment and risk factors,
 To concentrate on choosing of investment strategy for business,
 To get a clear idea about technical advancement and industrial effectiveness,
 To understand the concept of portfolio management.

****

61
Third Year PROJECT Semester-VI

Code: Credit: 3

The candidate shall be required to take up a Project Work by group or individual and
submit it at the end of the final year. The Head of the Department shall assign the Guide who, in
turn, will suggest the Project Work to the students in the beginning of the final year. A copy of the
Project Report will be submitted to the University through the Head of the Department on or before
the date fixed by the University.

The Project will be evaluated by an internal and an external examiner nominated by the
University. The candidate concerned will have to defend his/her Project through a Viva-voce.

ASSESSMENT/EVALUATION/VIVA VOCE:

1. PROJECT REPORT EVALUATION (Both Internal & External)

I. Plan of the Project - 20 marks

II. Execution of the Plan/collection of - 45 marks

Data / Organisation of Materials /
Hypothesis, Testing etc and
presentation of the report.

III. Individual initiative - 15 marks

2. Viva-Voce / Internal& External - 20 marks

TOTAL - 100 marks

PASSING MINIMUM:

Vivo-Voce 20 Marks
Dissertation 80 Marks
Project 40% out of 20 Marks (i.e. 8
40% out of 80 marks(i.e. 32 marks)
Marks)

A candidate who gets less than 40% in the Project must resubmit the Project Report. Such
candidates need to defend the resubmitted Project at the Viva-voce within a month. A maximum of
2 chances will be given to the candidate.

****

62
Third Year SKILL BASED ELECTVE COURSE –II Semester-VI
BASICS OF GOODS AND SERVICE TAX
(Theory)
Code: Credit: 2

LEARNING OBJECTIVES:

 To Understand the Basics of GST.

 To Study the Registration and Computation of GST.
 To Acquaint the Students with Filing of Returns.
 To understand the concepts of GST technology.
 To explore the knowledge relating to the penalties and offences relating to GST.

UNIT -I :

Overview of Goods and Service Tax-Introduction - Meaning of GST - IGST - Scope of GST -
Present/Old Tax Structure V/S GST - GST In Other Countries- Existing Taxes Proposed to be
Subsumed Under GST-Principles Adopted for Subsuming the Taxes-Dual GST-Benefits of GST-
GST Council-GST Network (GSTN) And GST Regime-Integrated Goods and Services Tax Act-
2017- Title and Definitions- Administration.

UNIT- II:

Registration Under GST -Rules-Procedure of Registration- Exempted Goods And Services Under
GST - Rates of GST– GST At 5 % - GST At 12 % - GST At 18 % - GST At 28% - Procedure
Relating To Levy (CGST &SGST) -Various Schedules Related To Supply - Computation of
Taxable Value and Tax Liability [CSGT &SGST] -Procedure Relating To Levy (IGST)

UNIT –III:

Input Tax Credit (ITC)- Eligibility and Conditions for Taking Input Tax Credit- Apportionment of
ITC and Blocked Credit -Various Documents Under GST- Tax Invoice- Bill for Supply- Debit
Note- Credit Note- Payment Voucher- Receipt Voucher- E-Way Bill- HSN Code and SAC Code -
Simple Problems on Utilization Of Input Tax Credit

UNIT-IV:

Assessment and Administration of GST - Types of GST Returns- Types of Assessment

&Assessment Procedures- Role and Functions of GST Council- Tax Authorities and Their Powers;
Tax Deduction at Source &Tax Collection at Source- Refund of Tax-Offence and Penalties.

UNIT –V:

GST and technology -Introduction to GSTN – Power and Functions of GSTN – Design and
Implementation Framework – Design &Implementation Framework GSTN. Goods And Service
Tax Suvidha Provider (GSP) - Concept.

Theory 80% Problems 20%

63
UNIT VI CURRENT CONTOURS (for continuous internal assessment only)

REFERENCE BOOKS:

1. V.S Datey – Taxman’s: GST

2. Madhykar N Hiregange: GST
3. GST – Law and Pratice, Dr. B.G Bhaskar and Manjunath
4. Mariyappa – GST
5. Step By Step Guide to GST – Compliances - Avinash Poddar
6. A Complete Guide ToGoods and Services Tax – Sanjiv Agarwal
7. GST Law Manual – R.K.Jain
8. Hand Book On GST- Pratik Shah
9. GST Handbook to students – CA Vivek KR Agarwal, 2022, Neelam Book House.
10. GST for laymen, CA Apeshika Solanki,2021, Bloomsbury India.
WEBSITE

1. Https://Www.Taxmann.Com/Academy/
2. https://gstcouncil.gov.in/
COURSE OUTCOME

 The students will get a general understanding of the GST law in the country
 The students will provide an Insight into practical aspects of GST
 The students will equip themselves to become tax practitioners.
 The students will be able to calculate GST at different level.
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