BCom VI Semester

B.Com 6.1: CONTEMPORARY AUDITING

Module – 1
Reserves and Provision: Concept of Reserves and Provisions – Difference between Reserves
and Provisions, Classification of Reserves, Legal Aspects of Reserve, Duties of an Auditor.

Module – 2
Company auditor – Appointment, Remuneration, Qualification, Disqualification, Removal, Status
of an Auditor, Auditors Rights and Duties, Liabilities of an Auditor with reference to case Laws,
Audit of Share Capital and Pre-incorporation Profits.

Module – 3
Audit Report and Certificate, Definition of Report, Definition of Audit Report, Essentials of Good
Audit Report, Signing of Audit Report, Contents of Audit Report, Audit Report Certificate, Type of
Auditor’s Report, Specimen of Auditors Report, Legal Views as regards Audit Report.

Module – 4
Divisible Profit – Legal Decisions; Meaning of Divisible Profit, Concept of Profit, Profit V/s Divisible
Profit, Determinants of Divisible Profit, Legal Views as regards Dividend.

Module – 5
Audit of Various Entities – Sole Trader, Partnership, Banks, Hotels, Educational Institutions and
Charitable Trust.

Module – 6
New Areas of Auditing: Introduction, Cost Audit, Management Audit, Human Resource Audit,
Operational Audit, Social Audit, Environmental Misconduct.

Module – 7
Professional Ethics and Misconduct: Introduction, Meaning of Professional Ethics, Meaning of
Professional Misconduct – Schedules of Professional Misconduct.

Reference:
1. Auditing Principle and Technique – S.K. Basu.
2. Practical Auditing – B.N. Tandon.
3. Auditing – T.R. Sharma.
4. Contemporary Auditing – Kamal Guptha.
5. Practical Auditing – Spicer and Pegler.
6. Principles and Practice of Auditing – J.R. Batliboi.

B.Com 6.2: MANAGEMENT ACCOUNTING

Module – 1: Management Accounting
Evolution – Meaning – Nature – Scope – Objectives and Functions of Management Accounting –
Distinction between Management Accounting & Financial Accounting – Management Accounting
& Cost Accounting – Installation of Management Accounting – Limitations of Management Accounting.

Module – 2: Ratio Analysis
Meaning – Mode of Expression – Importance of Ratios
Types of Ratio: Liquidity Ratios – Profitability Ratios – Activity Ratio and Leverage Ratios (Simple numerical problems)

Module – 3: Fund Flow & Cash Flow Statement
Concept of Fund and Flow of Fund – Meaning & Importance of Fund Flow Statement. Preparation
of Fund Flow Statement – (a) Statement of Changes in Working Capital, (b) Funds from Operations
(c) Fund Flow Statement – Limitations of Fund Flow Statement.

Module – 4: Cash Flow Statement
Introduction and Meaning, Distinction between Fund Flow and Cash Flow Statement. Uses of Cash
Flow Statement, Preparation of Cash Flow Statement, Limitations of Cash Flow Statement.

Module – 5: Management Reporting
Introduction – Features of Good Report – General Principles of Good Reporting System – Kinds of Reports.

Reference:
1. Management Accounting – Dr. S.P. Gupta.
2. Management Accounting – I.M. Pandey.
3. Management Accounting – R.S.N. Pillai & Bhagavathi.
4. Management Accounting – Khan & Jain.

B.Com 6.3: MANAGEMENT TECHNIQUE

Module – 1
Leadership: Meaning and Importance, Leadership Traits – Leadership Styles – Autocratic,
Democratic, Free Rein Leadership.

Module – 2
Motivation: Meaning, Nature and Importance of Motivation, Benefits of Motivation, Theories
of Motivation – Maslow’s Theory of Need Hierarchy, Hezbergs Motivation Theory, Mr. M.C.
Gregor’s Theory ‘X’ and theory ‘Y’.

Module – 3
Communication: Meaning, Controlling Process, Need for Control, Control Techniques,
Budgeting and Non-Budgeting Controls.

Module – 4
Controlling: Meaning, Controlling, Process, Need for Control, Control Techniques, Budgeting
and Non-Budgeting Controls.

Module – 5
Management By Objectives: Meaning, Features and Significance, Steps Involves in
Management by Objectives.

Reference:
1. Principles of Management – Reddy and Tripathi.
2. Principles of Management – Dinkar Pagare.
3. Management Principles & Practice – Lallan Prasad and Gulshan.

B.Com 6.4: BUSINESS LAW

Module – 1: Indemnity & Guarantee
Definition of Indemnity – Rights of Indemnity Holder – Contract of Guarantee – Nature and
Extent of Surety’s Liability – Discharge of Surety from Liability.

Module – 2: Bailment & Pledge
Bailment: Kinds – Rights and Duties of Bailor and Bailee.
Pledge: Rights and Duties of Pawner and Pawnee

Module – 3: Contract of Agency
Test of Agency – Creation of Agency – Duties of Agent – Termination of Agent.

Module – 4: Contract of Sale of Goods
Essentials of Sale Goods – Kinds of Goods – Unpaid Seller – Rights of Unpaid Seller.

Module – 5: Consumer Protection Act, 1986
Introduction – Who is Consumer – Consumer Courts – When to Complain – Procedure for
Filing a Complaint – Period of Disposal – Relief Available to the Complainant – Appeals.

Module – 6: Right to Information Act
Information – Public Authority – Records – Right to Information – Procedure for obtaining Information –
Time Limit to Provide Information – Rejection of Information – Exemptions for Providing Information –
Informations Commissions – Appeals and Penalty.

Reference:
1.Elements of Mercantile Law – N.D. Kapoor.
2.Business Law – B.N. Tandon.
3.Mercantile Law – Avtar Singh.
4.Business Law – B.S. Raman.
5.Business Law – M.C. Kuchhal.
6.Right to Information Act, 2005.

B.Com 6.5: INVESTMENT MANAGEMENT

Module – 1
Nature and Scope of Investment Management: What is Investment – Financial and Economic –
Meaning of Investment – Investment and Speculations – Investment and Investment Gambling –
Why Investment are Important – Factors Favourable for Investment – Investment Media – Features
of an Investment Programme – The Investment Process – Stages in Investment.

Module – 2
Financial Institution and Markets in India: Development of the Financial System in India – Structure
of Financial Markets – Financial Institutions – a critique of the Indian Financial System – Development
in the Financial System.

Module – 3
New Issues Market and Stock Exchange in India: The Relationship of the New Issue Market and Stock
Exchange – Role of the New Issue Market – Mechanics of Floating New Issues – Mechanics of Security.
Trading in Stock Exchange – Kinds of Trading Activity – Clearing House – Membership Rules in Stock
Exchanges in India – Capital Issues Control.

Module – 4
Investors Classification: Corporate Bonds – Bond Indenture – Features of Bonds – Types, Classification –
Convertible Bond – Evaluation – Analysis of Preference Shares – Equity Shares – Options, Warrants, Mutual Funds.

Module – 5
Alternative Forms of Investment: Government Securities – Types – Prices and Yields – Life Insurance, Kinds of
Policies – Procedure for Taking a Policy – Investment in Units – Objectives of Investment in Units – Different
Unit Schemes – New Schemes of UTI – Tax Benefits – Provident Funds – Post Office Scheme – National Savings,
Scheme – Post Office Savings – Investments in Land, Gold, Silver, Diamonds, Stamps, Antiques.

Reference:
1. Investment Management – Preethi Singh.
2. Investment Management – V.K. Bhalla.
3. Investment – William and Sharpe, Garden J Alexander, Jaffery V. Bannerey.
4. Investment Management – Prasanna Chandra.
5. Investment Management – Sinsha, Hemalatha and Balakrishnan.

ELECTIVE GROUP – A

B.Com 6.6: INCOME TAX-II

Module – 1
Computation of Income from Capital Gains.

Module – 2
Computation of Income from Other Sources.

Module – 3
Computation of Total Income of Individual, HUF and Firm.

Module – 4
Computation of Tax Liability of Individual, HUF, and Firm.

Module – 5
Set-off and Carry Forward of Losses and Clubbing of Incomes – Deduction of Tax at Source –
Advance Payment of Tax – Refund of Tax.

Module – 6
Procedure for Assessment: Type of Assessment, Filing of Return of Income – Permanent Account
Number (PAN) – Tax Deduction Account Number (TAN).

Reference:
1. Income Tax Law & Practice – M.B. Kadkol.
2. Income Tax & Accounts – Dr. H.C. Mehrotra & Dr. S.P. Goyal.
3. Direct Taxes: Law & Practice – Dr. Vinod K. Singhania & Kapil Singhania.
4. Direct Taxes – B.B. Lal and N. Vashisht.

ELECTIVE GROUP – A

B.Com 6.7: COST ACCOUNTING – II

Module – 1
Meaning and Numerical Problems on Unit or Output Cost Sheet-tenders or Quotations –
Operating Costing (Transport Costing only) – Contract Costing – Process Costing (excluding
equivalent production and inter process profits).

Module – 2
Marginal Costing: Meaning – Definition – Features – Advantages and Disadvantages – Concepts –
Contribution, BEP, P/V Ratio, Margin of Safety – Break Even Chart – Application of Marginal Costing –
Practical Problems.

Module – 3
Budgetary Control: Meaning of Budgeting – Budgeting and Budgetary Control – Advantages and
Disadvantages – Types of Budget – Zero Base Budgeting – Numerical Problems on Cash Budget
and Flexible Budgets.

Module – 4
Standard Costing: Meaning – Definition – Standard Cost V/s Budgetary Control – Merits and Demerits –
Variance Analysis – Numerical Problem on Material and Labour Variances only.

Module – 5
Activity based Costing: Meaning – Need – Characteristics – Process – Advantages and Limitations –
Numerical problems – A Theoretical Outline of Kaizen Costing and Target Costing.

Reference:
1. Cost Accounting – M.C. Shukla and T.S. Grewal.
2. Cost Accounting – S.P. Ayengar.
3. Advanced Cost Accounting and Cost Management – Jain and Narang.
4. Costing Accounting Principles and Applications – Lall Nigam and Sharma.
5. Cost Accounting – Pattanshetty and Palekar.
6. Cost Management – Ravi M. Kishore.
7. Cost Accounting – Dr. S.N. Maheshwari.
8. Strategic Cost Management – N.P. Agarwal, Mishra and Sonia Agarwal.

ELECTIVE GROUP – F

B.Com 6.6: HUMAN RESOURCE DEVELOPMENT – II

Module – 1
Qualities and Competency Requirements of HRD Manager.

Module – 2
Developing HRD Managers: HRD Managers as Consultants to each other.

Module – 3
HRD Mechanism or Subsystems Performances Appraisal: Potential Appraisal – Career Planning –
Training and Employee Development – Employee Welfare and Quality of Work Life.

Module – 4
Human Resource Information System: The contribution of Subsystems to HRD Goals – Principles
in Designing HRD Systems – HRD in Indian Industry: The New People Management.

Reference:
1. Human Resource Development – T.V. Rao.
2. The HRD Missionary – Rao T.V.
3. Human Resource Development – P.K.P. Arya and B.B. Tandon.
4. HRD in a Changing Environment – Ravinshankar Mishra and Sharma.

ELECTIVE GROUP – F

B.Com 6.7: INDUSTRIAL RELATIONS – II

Module – 1
Introduction: Approaches to Industrial Relations – Industrial Unrest in India – Concept, Perspective
and Organization, Evaluation of Industrial Relation.

Module – 2
Attitude and Morale in Industry: Use of Psychology in Industry; General Psychological Problems in
Industry; Attitude of Workers; Moral of Workers; Effective of Attitude and Moral of Worker.

Module – 3
Impact of Industrial Relations: Scope and Aspect of Industrial Relations; Components of Industrial
Relations System.

Module – 4
Organization for Industrial Relation: Line Managers, Industrial Relation Officers / HR Manager, Staff
Responsibility, Staff Role, Dimensions of Industrial Work, Pre-requisite for Successful Industrial Relation Programe.

Module – 5
Trade Union Act, 1926: History of Trade Unionism in India, Development of Trade Union Law in India.

Module – 6
Registration of Trade Unions: Application of Registration, Provisions to be contained in the Rules of a
Trade Union, Registration, Certificate of Registration.

Reference:
1. Welfare Policy and Industrial Relation in India – A.S. Mathur.
2. Industrial Relation in India – Agnihotri.
3. Industrial Relation: A Point of View – Ramanujam R.S.
4. Industrial Law – Malik P.L.
5. Indian Labour Year Book – Government of India Labour Bureau.

ELECTIVE GROUP – G

B.Com 6.6: MANAGEMENT INFORMATION SYSTEMS – II

Module – 1
System Concept: Definition of a System, General Model of a System, Types of Systems, Subsystems,
Preventing System Entropy, System Stress and System Change, System Concepts and Organizations
System Concepts applied to MIS.

Module – 2
Planning and Control: Concepts of Organizational Planning, the Planning Process, Computational Support
for Planning, Characteristics of Control Processes, the Nature of Control in Organizations, Information,
System Support for Control.

Module – 3
Organizational and Management: Basic Model of Organizational Structure, Modifications of Basic Organizations
Structure, Information Processing Model of Organization Structure, Organizational Culture and Power, Organizational
Change, Management Theory’s, Organizations as Sociotechnical Systems, Implications of Organizational Structure
and Management Theory for MIS.

Module – 4
Information based Support Systems: Decision Support Systems (DSS), Expert Systems (ES), Support for
Decision Making Phases, Approaches to Development of DSS, Planning Support System, Support Systems
for Management of Knowledge Work

Module – 5
Information System Requirements: Planning for Information Systems, Master Plan, Nolan Stage Model,
A Strategy Approach to the Determination Requirements, Three Levels of Information Requirements,
Constraints on Human as Specifies of Information Requirements, Database and DBMS, User Interface
Requirements, Development, Implementation and Management of Information System Resources, Prototyping
and Lifecycle Approaches.

Reference:
1. G.B. Davis and M.H. Olson – Management Information Systems.
2. Rajaraman – Analysis and Design of Information
3. Sadgpoan – Management Information System. PHI.

ELECTIVE GROUP – G

B.Com 6.7: INFORMATION TECHNOLOGY – II

Module – 1
Multimedia and Virtual Reality: Introduction to Multimedia Tools, Introduction to Virtual Reality.

Module – 2
New Technologies in IT (Information Technology); E-Commerce, Hypermedia, Data Warehousing and Date Marts.

Module – 3
Advanced Technologies in IT: Data Mining, Online Analytical Processing (OLAP), Geographic Information System (GIS).

Module – 4
Computers in Business: Home and Industry, Careers in Information Technology.

Module – 5
Computer in Education and Training, Computers in Entertainment, Computer in Science, Medicine and Engineering.

Reference:
Introduction to Information Technology – Alexis Leon and Mathews Leon.