Accounts
Accounts
Accounts
5 0 0 5
COURSE OBJECTIVE
Course Content
UNIT I
Meaning and scope of Accounting, Basic Accounting Concepts and Conventions –
Objectives of Accounting – Accounting Transactions – Double Entry Book Keeping – Journal,
Ledger, Preparation of Trial Balance – Preparation of Cash Book.
UNIT II
Preparation of accounts on Subsidiary Books including Bills of Exchange.
UNIT III
Preparation of Final Accounts of a Sole Trading Concern – Adjustments – Closing Stock,
Outstanding and Prepaid items, Depreciation, Provision for Bad Debts, Provision for Discount
on Debtors, Interest on Capital and Drawings – Preparation of Receipts and Payments Account,
Income & Expenditure Account and Balance Sheet of Non Trading Organizations (simple
problems)
UNIT IV
Classification of errors – Rectification of errors – Preparation of Suspense Account.- Bank
Reconciliation Statement (Only simple problems).-accounts of non-profit organization,
Joint venture accounts
UNIT V
Depreciation – Meaning, Causes, Types – Straight Line Method – Written Down Value
Method (Change in Method excluded). Insurance claims – Average Clause (Loss of stock only)
Average due date and Account Current
UNIT V
Single Entry – Meaning, Features, Defects, Differences between Single Entry and Double
Entry System – Statement of Affairs Method – Conversion Method (Only simple problems)
TEXT BOOK
1. T.S. Reddy & A. Murthy – Financial Accounting – Margham Publications – Chennai
2. R.L Gupta & V.K Gupta – Advanced Accounting – Sultan Chand – New Delhi
REFERENCE BOOKS:
5 0 0 5
COURSE OBJECTIVE
Course Content
Unit – I
Introduction: Meaning, objectives and advantages of cost accounting, difference between cost
accounting and financial accounting. Cost concepts and classifications, cost unit, cost centre, cost object.
Unit costing.
Unit – II
Accounting and Control of material cost: Issue of materials. Methods of pricing of material issues – FIFO,
LIFO, HIFO, Average pricing, Standard price method Inventory control – concept and techniques like
fixing of stock levels, EOQ, ABC analysis, VED analysis perpetual & periodic inventory systems, Material
losses and their treatment.
Unit – III
Accounting and Control of Labour Cost: Time keeping and time booking, concept and
treatment of idle time, over time and labour turnover.
Unit – IV
Unit – V
Process costing – Simple problems (excluding treatment of work-in-progress, joint and by-products
,Equalent production and Inter process profit ) – Operating Costing ( only Transport Costing – Simple
Problems )
Text Books :
1. S.P. Jain and K. L. Narang, Cost Accounting, Principles and Methods, Kalyani
Publishers, Jalandhar.
2. S. N. Maheshwari & S.N. Mittal, Cost Accounting, Theory and Problems Shri
Mahabir Book Depot, New Delhi.
MBA 503 FINANCIAL & MANAGEMENT ACCOUNTING L T P C
4 0 0 4
COURSE OBJECTIVE
To understand the foundation of accounting and its implication in the conduct of Business. The COURSE
OBJECTIVE of this course is to acquaint the students with the various concepts, techniques, methods,
processes of accounting data, analysis, interpretation, decision making.
Unit I
UNIT 3
UNIT 4
Marginal Cost – Cost volume profit analysis-Cost Accounting – Elements of Cost– Cost
Unit 5
Management Accounting: Concept, Need, Importance and its scope-Budget and Budgetary control –
Zero Based Budgeting – Performance budgeting
References books:
COURSE OBJECTIVE:
Course Content
UNIT I
UNIT II
Reserve Bank of India-Functions, Role of RBI – Monetary policy of RBI, Monetary control-Recent policy
development. Call Money Market-Treasury Bills Market-Commercial Bills Market-Certificate of Deposits
UNIT III
-Non banking Financial intermediaries.. NBFCs – Regulations of NBFCs – Types of NBFC’s – Public
Deposits-
UNIT IV
Secondary Market --- Organisation, management, and its functions. Membership of Stock Exchanges,
Listing of Securities, Clearing and Settlement, Trading Arrangements, Rolling Settlement,
Dematerialisation, Sock Market Index, Market making system. Risk Management in secondary market.
Important Stock Exchanges
UNIT V
Foreign Exchange Market – International capital flow – Resource mobilization from International
Markets, Resource raised through Euro Issues, External Commercial Borrowings, Foreign Currency
Convertible Bonds, American Depository Receipts, Global Depository Receipts,
Reference Books:
1.Bharati V. Pathak, Indian Financial System, Markets, Institutions and Services, Pearson.