Syllabus for Bachelor of Commerce in Accounts
B.Com (Honours)
Academic Session: W.e.f. 2020-2023
Semester I
CORE PAPER I : Financial Accounting I Marks (External 80: Internal 20)
QUESTION PAPER PATTERN : There will be two groups of questions. Five Questions to be answered out of Nine Questions. Group A is compulsory and will contain two questions. Question No.1 (A) will be MCQ of 1 mark each (eight questions). Question No.1 (B) will be short answer type to be answered in about 100 words of 4marks (2 Questions). Group B will contain descriptive type eight questions of sixteen marks each, out of which any four are to answer. Each question carries 16 marks.
Unit I. (a) Theoretical Framework i. The nature of financial accounting principles-Basic concepts and conventions. ii. Financial accounting standards: Concept, benefits, procedure for issuing accounting standards in India. Salient features of Accounting Standard (AS): 1 (ICAI). International Financial Reporting Standards (IFRS):- Need and procedures.
(b) Accounting Process To record business transactions- journal entries, Sub division of Journal, ledger accounts, Trial balance, Rectification of errors and Bank reconciliation statement.
Unit II. i. Capital and revenue expenditures and receipts: general introduction only. ii. Preparation of Accounting for Not for Profit Organization (NPO).
Unit III. i. Accounting for hire Purchase system including default in payment, ii. Installment Payment System. iii. Royalty accounting Including Sub lease.
Unit IV. Accounting for Dissolution of the Partnership Firm, Accounting of Dissolution of the Partnership Firm including Insolvency of partners, Sale to a limited company and Piecemeal distribution Method for dissolution Accounting.
----------------------------------------------------------------------------------------------------------------------------
CORE PAPER II: Business Law Marks (External 80: Internal 20)
QUESTION PAPER PATTERN : There will be two groups of questions. Five Questions to be answered out of Nine Questions. Group A is compulsory and will contain two questions. Question No.1 (A) will be MCQ of 1 mark each (eight questions). Question No.1 (B) will be short answer type to be answered in about 100 words of 4marks (2 Questions). Group B will contain descriptive type eight questions of sixteen marks each, out of which any four are to answer. Each question carries 16 marks.
Unit –I :
The Contract Act, 1872. Meaning, characteristics and kinds, essentials of valid contract : offer and acceptance, consideration, contractual capacity, free consent, legality of objects – void agreements.
Unit –II :
Contract of Indemnity and Guarantee; Contract of Bailment and Pledge; Discharge of contract –modes, breach of Contract, remedies; quasi contract. Contract of Agency,
Unit –III :
Sales of Goods Act, 1930 - Contract of Sale, meaning, difference between sale and agreement to sell, Conditions and warranties, Transfer of ownership in goods including sale by non-agreement, Performance of contract of sale, Unpaid seller.
Unit –IV :
The Negotiable Instrument Act, 1881 – Definition, features, types of negotiable instruments, promissory note, bill of exchange, cheque, Endorsement and its types, Holder and Holder in due course. Consumer Protection Act, 1986: Objectives and its salient provisions.
-----------------------------------------------------------------------------------------------------------------------------
GENERIC ELECTIVE : Applied Money and Banking Marks (External 80: Internal 20)
QUESTION PAPER PATTERN : There will be two groups of questions. Five Questions to be answered out of Nine Questions. Group A is compulsory and will contain two questions. Question No.1 (A) will be MCQ of 1 mark each (eight questions). Question No.1 (B) will be short answer type to be answered in about 100 words of 4marks (2 Questions). Group B will contain descriptive type eight questions of sixteen marks each, out of which any four are to answer. Each question carries 16 marks.
Unit-I: Money – An introduction, definition and classification of money, function and importance of money in capitalism, socialism & Mixed economy, merits & demerits of money.
Unit-II: Monetary Standard, Value of money – The supply and demand theory of money, Quantity theory of Money, Income theory of money.
Unit-III: Inflation, Deflation & Reflation – Causes and effects on different classes of people, Money Market
Unit-IV: Foreign Exchange – Determination of rate of Exchange, a brief outline of purchasing power Parity Theory (PPP), Gold Standard, Break down of Gold Standard. (Lectures :15) Unit-V: International Monetary Fund – its working & present position, Balance of Payment, Free Trade Vs. Protection.
-----------------------------------------------------------------------------------------------------------------------------
No comments:
Post a Comment