UNIVERSITY OF MADRAS
SYLLABUS
B.COM (Corporate Secretaryship)
(With effect from the Academic Year 2020 -2021)
PREAMBLE
The curriculum of B.Com (Corporate Secretaryship) is structured in
a way that the students acquire in-depth knowledge in corporate affairs.
The course provides a platform for the students to pursue Company
Secretaryship as a profession. The comprehensive curriculum design
bestows excellent career opportunities to explore new vistas in the present
competitive corporate arena.
PROGRAM LEARNING OUTCOMES
The prime objective of the course is to create a world class academic
environment in the field of commerce and business. The course will
prepare the students to respond to the needs of the industry and
administration.
UNIVERSITY OF MADRAS
B.COM (Corporate Secretaryship) Degree Course
(With effect from the academic year 2020-2021)
ANNEXURE
REVISED SCHEME OF EXAMINATION
SEMESTER 1
Course
Components
Name Of The Course
Credits
Ins.Hrs
Int.Mar
Ext.
Marks
Total
PART I
Paper I – Language I
3
4
25
75
100
PART II
Paper I – English I
3
4
25
75
100
PART III
Core Paper I – Financial Accounting*
4
6
25
75
100
Core Paper II – Business Communication*
4
6
25
75
100
Allied Paper I - International Trade
5
6
25
75
100
PART IV
Soft Skill I
3
2
50
50
100
Non Tamil Students : Basic Tamil/Advanced
Tamil
Tamil Students : Non-Major Elective
*
2
2
25
75
100
SEMESTER II
Course
Components
Name Of The Course
Ins.Hrs
Int.
Marks
Ext.
Marks
Total
PART I
Paper II – Language II
4
25
75
100
PART II
Paper II – English II
4
25
75
100
PART III
Core Paper III – Advanced Financial
Accounting*
6
25
75
100
Core Paper IV – Corporate Management
6
25
75
100
Allied Paper II - Business Economics*
6
25
75
100
PART IV
Soft Skill II
2
50
50
100
Non Tamil Students : Basic Tamil/Advanced
Tamil
Tamil Students : Non-Major Elective
*
2
25
75
100
*Non Major Elective – Any One Of The Following (Semester Wise)
I Semester II Semester
1.
Basic Elements Of Logistics Management 1.Everyday Banking
2.
Basics Of Corporate E-Management 2. Fundamentals Of Insurance
SEMESTER III
Course
Components
Name Of The Course
Credits
Ins
.Hrs
Int.
Marks
Ext
Marks
Total
PART I
Paper III – Language III
3
6
25
75
100
PART II
Paper III – English III
3
4
25
75
100
PART III
Core Paper V – Corporate Accounting –
I*
4
6
25
75
100
Core Paper VI – Company Law and
Secretarial Practice
4
5
25
75
100
Allied Paper III - Business Statistics *
5
5
25
75
100
PART IV
Soft Skill III
3
2
50
50
100
Environmental Studies
2
Examination will
be held in semester
IV
SEMESTER IV
Course
Components
Name of the course
Credits
Ins.Hrs
Int.
Mark
s
xt.
Mark
s
Total
PART I
Paper IV – Language IV
3
5
25
75
100
PART II
Paper IV – English IV
3
5
25
75
100
PART III
Core Paper VII – Advanced
Corporate Accounting *
4
6
25
75
100
Core Paper VIII – Indirect
Taxation*
5
5
25
75
100
Allied Paper IV – Securities Laws &
Market Operations
5
5
25
75
100
PART IV
Soft Skill IV
3
2
50
50
100
Environmental Studies
2
2
25
75
100
SEMESTER V
Course
Components
Name Of The Course
Credits
Ins. Hrs
Int.
Marks
Ext.
Marks
Total
PART III
Core Paper IX – Cost Accounting
4
6
25
75
100
Core Paper X - Corporate Governance And
Ethics
5
6
25
75
100
Core Paper XI – Business Laws*
(Common to B.Com (General) in III
Semester)
4
5
25
75
100
Core Paper XII – Income Tax Law &
Practice – I *
4
6
25
75
100
Elective Paper I
Marketing *(Common to B.Com
(General) in III Semester)
5
5
25
75
100
PART IV
Value Education
2
2
25
75
100
SEMESTER VI
Course
Components
Name of the course
Credits
Ins.Hrs
Int.
Marks
Ext.
Marks
Total
PART III
Core Paper XIII – Industrial Laws
4
6
25
75
100
Core Paper XIV – Management
Accounting *
4
6
25
75
100
Core Paper XV – Entrepreneurial
Development*
4
6
25
75
100
Core Paper XVI – Income Tax Law &
Practice – II *
4
6
25
75
100
Elective Paper II – Project – Institutional
Training
5
6
25
75
100
PART V
Extension Activities
1
Note:
*All the highlighted courses are common to B.Com General.
* The question shall cover 20% theory and 80% problems in the Practical Papers. Norm
adopted by B.Com General is applicable for common practical papers.
* The question shall cover 80% provisions of Company Law and 20% relating to
Secretarial duties for Company Law and Secretarial Practice.
PATTERN OF QUESTION PAPER
Part
Total questions
Questions to be
answered
Marks per
Question
Total Marks
A (50 words)
12
10
2
20
B (200 words)
7
5
5
25
C (500 words)
3
5
10
30
Maximum Marks for End Semester External Examination
75
LIST OF COURSES COMMON FOR B.COM (CORPORATE
SECRETARYSHIP) FROM B.COM (GENERAL)
SEMESTER I
1.
Financial Accounting
2.
Business Communication
SEMESTER II
3.
Advanced Financial Accounting
4.
Business Economics
SEMESTER III
5.
Corporate Accounting - I
6.
Business Statistics
SEMESTER IV
7.
Advanced Corporate Accounting
8.
Indirect Taxation
SEMESTER V
9.
Business Laws
10.
Income Tax Law & Practice I
11.
Marketing
SEMESTER VI
12.
Management Accounting
13.
Entrepreneurial Development
14.
Income Tax Law & Practice II
SEMESTER 1
Core Paper I - FINANCIAL ACCOUNTING
Course objectives Number of Credits: 4
1. To enable the students to know the Principles of Accounting in General
2. To Understand the System of Keeping Financial Accounting Records
Unit I: Preparation of Financial Statements
Preparation of Final Accounts of a Sole Trading Concern - Adjustments - Preparation of
Receipts and Payments Account, Income and Expenditure Account and Balance Sheet of Non-
Trading Organizations.
Unit II: Rectification of Errors and Bank Reconciliation Statement
Classification of Errors - Rectification of Errors - Preparation of Suspense A/c. Bank
Reconciliation Statement - Need and preparation.
Unit III: Depreciation and Insurance Claims
Depreciation - Meaning - Causes - Types - Straight Line method - Written down value
method - Change in method - Concept of useful life under Companies Act, 2013 - Insurance Claims -
Calculation of Claim Amount - Average Clause.
Unit IV: Single Entry System
Meaning and Features of Single Entry System - Defects - Difference between Single Entry
and Double Entry System - Methods of Calculation of Profit - Statement of Affairs Method-
Conversion Method.
Unit V: Hire Purchase and Instalment System
Hire purchase system - Default and repossession - Hire purchase trading account -
Instalment system - calculation of profit - Average Due Date and Account Current
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80
between
Theory and
Problems.
Suggested Readings
1. Gupta, R.L & Gupta, V.K, Advanced Accounting, Sultan Chand & Sons, New Delhi.
2. Jain & Narang, Financial Accounting, Kalyani Publishers, New Delhi.
3. Reddy, T.S & Murthy, A. Financial Accounting, Margham Publications, Chennai.
4. Shukla & Grewal, Advanced Accounting, S. Chand & Co. New Delhi.
5. Parthasarathy, S. & Jaffarulla, A. Financial Accounting, Kalyani Publishers, New Delhi.
6. S.Thothadri & S.Nafeesa, Financial Accounting, McGraw Hill Education, New Delhi
E-Resources
www.accountingcoach.com
www.accountingstudyguide.com
www.futureaccountant.com
www.onlinelibrary.wiley.com
Core Paper II – BUSINESS COMMUNICATION
Course Objectives Number of Credits: 4
1. To facilitate the students to understand the concept of Communication.
2. To know the Basic Techniques of the Modern forms of Communication.
Unit I: Communication
Definition - Methods - Types - Principles of Effective Communication - Barriers to
Communication - Business letters - lay out.
Unit II: Business Letters
Meaning - Kinds of Business Letters - Application for a situation - Interview - Appointment
letter - Acknowledgement - Promotion - Enquiries - Reply Letter to Enquiries - Orders - Sales
Letter - Circular Letter - Complaints Letter.
Unit III: Correspondence
Bank Correspondence - Insurance Correspondence - Agency Correspondence -
Correspondence with Share Holders & Directors.
Unit IV: Reports and Meetings
Reports - Meaning - Writing of Reports - Meetings - Agenda - Minutes - Memorandum -
Office order - Circular Notes.
Unit V: Forms of Communication
Modern forms - Fax - email - video conference - internet - websites - uses of the various
forms of communication.
Suggested Readings
1. Rajendra Paul & Korlahalli, J.S. Essentials of Business Communication, Sultan Chand &
Sons, New Delhi.
2. Shirley Taylor, Communication for Business, Pearson Publications, New Delhi.
3. Bovee, Thill, Schatzman, Business Communication Today - Peason Education Private Ltd -
New Delhi.
4. Penrose, Rasbery, Myers, Advanced Business Communication, Bangalore.
5. Simon Collin, Doing Business on the Internet, Kogan Page Ltd, London.
6. Mary Ellen Guffey, Business Communication - Process and Product, International
Thomson Publishing, Ohio.
7. Sundar, K. A, Business Communication, Vijay Nicole Imprints Pvt. Ltd., Chennai.
E-Resources
www.newagepublishers.com
www.managementstudyguide.com
www.businesscommunication.org
www.smallbusiness.chron.com
ALLIED PAPER I – INTERNATIONAL TRADE
Course Objectives: No of Credits: 5
1. To acquire specialised knowledge in international trade
2. To learn about WTO and how globalisation of Economy takes place.
UNIT 1
Theories of International Trade – Ricardo – Haberlers Opportunity cost - Heckscher Ohlin
theorem.
UNIT – II
Trade policy – case for protection – Regional integration – European Union
– EEC- UNCTAD – GATT – Asian – Development Bank.
UNIT III
WTO – Functions of WTO – An Overview.
UNIT IV
Balance of payments – Disequilibrium – Remedies – Exchange control – Purchasing Power
parity Theory.
UNIT V
International monetary system – IMF – SDR – International liquidity – IBRD.
Suggested Readings
1. K.R.Gupta – International Economics, Atlantic Publisher Distributors Pvt Ltd.
2. P. Saravanan – International Marketing
3. S.Sankaran – Money, Banking and International Trade, Margham
Publication, Chennai.
4. Francis Cherunilam – International Trade and Export Management,
Himalaya Publishing House.
NON-MAJOR ELECTIVE PAPER I
1.
BASIC ELEMENTS OF LOGISTICS MANAGEMENT
Level of Knowledge: Basic Level Unit
– I
Logistics – Concept & Significance – Logistics System Fundamentals – Transport System:
Railway, Road, Air, Waterways, Pipe Lines, Animals and Animal driven vehicles – Economics of
transportation – Stocking Policies –Storage and handling capacities – Warehousing.
Unit – II
Packaging – Principles, functions and types – Containerization – Concepts – Infrastructure
– Inventory Policy – Concept of Supply Chain Management and its strategic role in the
organization – Intra and Inter Organization Supply Chain.
Suggested Readings:
1. Strategic Logistics Management – Lambert
2. Logistical Management – The Integrated Supply Chain Process – Bowersox
3. Logistics & Supply Chain Management – Christopher
4. Supply Chain Management – Sunil Chopra
5. Logistics & Supply Chain Management – Raghuram
6. Supply Chain Management for 21
st
Century – Sahay.
2. BASICS OF CORPORATE E-MANAGEMENT Level of
Knowledge: Basic Level
UNIT - I
Introduction to computers - Classification - Anatomy of digital computer - Hardware and
Software - Memory Devices - input devices - output devices - Storage devices - Concept of
programming languages - Operating system, Assembler, Complier, Interpreter, Multimedia.
Introduction to Internet - Internet Service Providers (ISPs), Internet Addressing - E-Mail -
Web Browsers - Intranet - Website establishments - Advertising in the web.
UNIT - II
Introduction of e-commerce - opportunities - Modes of e-commerce – business
requirements - Payment Processing - Secure Electronic payment protocol (SEPP) - Secure
electronic Transaction (SET).
Management Information System (MIS) - Concept – meaning - role of MIS in management.
Suggested Readings:
1. Alexix Leon, Mathew Leon - Fundamentals of Computer Science and Communication
Engineering.
2. Alexix Leon, Mathew Leon - Fundamentals of Information Technology
3. John Callahan - Every Students guide to Internet.
3. 4 W.S Jawadekar - Management Information System
4. 5 K.K.Bajai and Debjani Nag - E-Commerce - The cutting edge of Business
SEMESTER II
Core Paper III – ADVANCED FINANCIAL ACCOUNTING
Course Objectives Number of Credits: 4
1. To enable the students to get a comprehensive understanding of the Financial Accounting
2. To make the students know the various methods of maintaining the accounting records in
various forms of Business
Unit I: Branch Accounts
Dependent Branches - Stock and Debtors system - Distinction between Wholesale Profit
and Retail Profit - Independent Branches (Foreign Branches excluded)
Unit II: Departmental Accounts
Basis of Allocation of Expenses - Calculation of Profit - Inter-departmental Transfer at Cost
or Selling Price.
Unit III: Partnership Accounts
Admission of a Partner - Retirement of a Partner - Death of a Partner.
Unit IV: Partnership Accounts
Dissolution of a Partnership Firm - Insolvency of a Partner - Insolvency of all Partners -
Piece meal Distribution of cash in case of Liquidation of Partnership Firm.
Unit V: Accounting Standards for Financial Reporting
Objectives and uses of financial statements for users - role of accounting standards -
development of accounting standards in India - requirements of International Accounting
Standards - Role of IFRS - IFRS adoption or convergence in India - Implementation plan in India
- IndAS - Difference between IndAS and IFRS
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and
Problems.
Suggested Readings
1. Gupta, R.L & Gupta, V.K, Advanced Accounting, Sultan Chand & Sons, New Delhi.
2. Jain & Narang, Financial Accounting, Kalyani Publishers, New Delhi.
3. Reddy, T.S & Murthy, A. Financial Accounting, Margham Publications, Chennai.
4. Shukla & Grewal, Advanced Accounting, S. Chand & Co., New Delhi.
5. Tulsian P.C. - Financial Accounting.
6. Parthasarathy, S. & Jaffarulla, A. Financial Accounting, Kalyani Publishers, New Delhi.
7. S.Thothadri & S.Nafeesa, Financial Accounting, McGraw Hill Education, New Delhi
E-Resources
www.accountingcoach.com
www.accountingstudyguide.com
www.futureaccountant.com
www.onlinelibrary.wiley.com
Core Paper IV - CORPORATE MANAGEMENT
Course Objectives: No of Credits: 4
• To make the students to understand the basic concept of management.
• To prepare the students to know about the significance of management in corporate
world
UNIT 1 Introduction to Management
Nature and functions of Management – Principles – role and function of Manager – Levels
of Management – Development of Scientific Management and other Schools of thought and
Approaches.
UNIT 2 Planning and Organising
Planning – need and importance – forms – types – steps – decision making – types –
process.
Organisation – types – Organisation structure – Centralisation and
Decentralisation – Departmentation.
UNIT 3 Human Resource Management
Human Resource – HRM and Personnel Management – Recruitment, Selection and
Training methods – Human Resource Audit.
UNIT 4 Performance Appraisal and Incentives
Performance Appraisal – methods – promotions and transfer – incentives – monetary and non-
monetary- welfare and social security measures.
UNIT 5 Direction and Control
Direction – purpose – requirements of effective direction – motivation theories.
Co-ordination – need, type and techniques for excellent co-ordination – controlling- meaning and
importance – control process.
Suggested Readings:
1. Weihrich and Koontz, Essentials of Management, McGraw Hill, New Delhi
2. Dinakar Pagare, Principles of Management, Sultan Chand & Sons, New Delhi.
3. C.B.Gupta – Business Management, Sultan Chand & Sons, New Delhi.
4. L.M.Prasad – Principles of Management, Sultan Chand & Sons, New Delhi.
5. L.M.Prasad – Human Resource Management, Sultan Chand & Sons, New Delhi.
6. Ashwathappa, Human Resource Management, Tata McGraw Hill, New Delhi.
7. Tripathi - Human Resource Management, Sultan Chand & Sons, New Delhi.
Allied Paper II - BUSINESS ECONOMICS
Course Objectives Number of Credits: 5
1. To make the students to understand the basic concepts of economics
2. To prepare the students to know about the demand and supply, laws of production and consumer
behaviour
UNIT I
Introduction to Economics – Wealth, Welfare and Scarcity Views on Economics - Positive
and Normative Economics - Definition – Scope and Importance of Business Economics -
Concepts: Production Possibility frontiers – Opportunity Cost – Accounting Profit and Economic
Profit – Incremental and Marginal Concepts – Time and Discounting Principles – Concept of
Efficiency
UNIT II
Demand and Supply Functions: Meaning of Demand – Determinants and Distinctions of
demand – Law of Demand – Elasticity of Demand – Demand Forecasting – Supply concept and
Equilibrium.
UNIT III
Consumer Behaviour: Law of Diminishing Marginal utility – Equimargianl Utility –
Indifference Curve – Definition, Properties and equilibrium.
UNIT IV
Production: Law of Variable Proportion – Laws of Returns to Scale – Producer’s
equilibrium – Economies of Scale - Cost Classification – Break Even Analysis
UNIT V
Product Pricing: Price and Output Determination under Perfect Competition, Monopoly –
Discriminating monopoly – Monopolistic Competition – Oligopoly – Pricing objectives and
Methods
Suggested Readings
1. Shankaran S, Business Economics - Margham Publications - Ch -17
2. Mehta P L, Managerialo Economics – Analysis, Problems & Cases - Sultan Chand &
Sons - New Delhi – 02.
3. Francis Cherunilam, Business Environment - Himalaya Publishing House - Mumbai – 04.
4. Peter Mitchelson and Andrew Mann, Economics for Business - Thomas Nelson Australia
-Can -004603454.
5. Chaudhary C M, Business Economics - RBSA Publishers - Jaipur - 03.
6. Ahuja H L, Business Economics – Micro & Macro - Sultan Chand & Sons - New Delhi –
55.
NON-MAJOR ELECTIVE PAPER II
1. EVERYDAY BANKING
UNIT- I
Banking – Definition – pass book – cheque book – Format of Cheque – Filling up of
Cheque- Deposit Challan – Filling up – Clearing cheque – Transfer cheque – Collection Cheque –
Payable at par – Demand Draft – application filling
– Account Opening form – Filling up – Documents required - Debit Card – Credit Card – ATM
Machine – Cash Deposit Machine – Pass book printing machine. MICR- IFSC- Fund transfer
through ECS – NEFT – RTGS – Form filling for Fund transfer.
UNIT- II
On line Banking – Sign up – Process – Requirements – Log in – Customer ID – User ID – Pass
word – Hints for creating Pass words – change of pass word – on line transactions – Account
statements – Fund Transfer – Payment of bills – Utility payments – Loans – Repayment for Loans
– other services. Mobile Banking – meaning – importance – Advantages – Mobile Applications
(App) – WAP (Wireless Application Protocol)- USSD (Unstructured Supplementary Service
Data)- Registration process – through Mobiles – Process at Bank Branch – ATM- User ID-MPIN-
change of MPIN –IMPS D(Immediate Mobile Payment System) - UPI(Unified Payment interface)
– BHIM(Bharat Interface for money)- NPCI (National Payment Corporation of India) - Bank
account Management – Transfer Funds – paying Bills – Locating ATMs - QR code payments-
Alerts and notifications- Tracking Spending habits – Cash back-Safe banking methods.
Suggested Readings:
1. B.Santhanam- Banking & Financial systems, Margham Publications
2. S.N.Maheshwari Banking theory, law and practice , Kalyani Publications
3. Parameswaran- Indian Banking, S.Chand& Co.
Web References:
1. https://en.wikipedia.org/wiki/Online_banking
2. https://www.sbi.co.in/portal/web/services/internet-banking
3. https://www.hdfcbank.com/assets/popuppages/netbanking.htm
4. https://www.investopedia.com/terms/m/mobile-banking.asp
5. www.scotiabank.com/mobile/ca/en/0,,5181,00.html
2. FUNADAMENTALS OF INSURANCE
Level of Knowledge: Basic Level
Unit– I
Origin and history of Insurance – Meaning and definition of Insurance – Features of
Insurance - Principles of Insurance – Objectives and advantages of Insurance- Types of Insurance
– Insurance Organizations in India and their Profile
- Insurance Regulatory and Development Authority – its Duties and Functions Unit – II
Meaning and Definition of Life Insurance – its Features – its Fundamental Principles -
Types of policies in Life Insurance – Meaning and Definition of Fire Insurance - its Features – its
Fundamental Principles – Types of policies in Fire Insurance - Meaning and Definition of Marine
Insurance - its Features – its Fundamental Principles - Types of Policies in Marine Insurance.
Suggested Readings:
1. A.Murthy – Elements of Insurance.
2. M.N.Mish – Insurance – Principles and Practice.
SEMESTER III
Core Paper V - CORPORATE ACCOUNTING
Course Objectives Number of Credits: 4
• To enable the students about the Preparation of the Company accounts.
• To motivate the students to understand the various Provisions of the Companies Act.
Unit I: Share Capital
Issue of Shares - Types of Shares - Forfeiture of shares - Reissue of shares - Underwriting
of shares - Stock spilt - Meaning of Redemption - Redemption of Preference Shares.
Unit II: Debentures & Acquisition of Business
Meaning - Types of Debentures - Issue - Underwriting of Debentures -
Redemption of
Debentures. Acquisition of Business - Meaning - Profit Prior to Incorporation.
Unit III: Final Accounts
Final Accounts - Preparation of P & L A/c and Balance Sheet –
Managerial
Remuneration-
Calculation and Legal Provisions.
Unit IV: Valuation of Shares and Goodwill
Valuation of Shares and Goodwill - Meaning - Methods of Valuation of
Shares and
Goodwill.
Unit V: Alteration of Share Capital
Meaning - Internal Reconstruction - Reduction of Share Capital.
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and
Problems.
Suggested Readings
1. Gupta, R.L & Radhaswamy, M, Advanced Accounts, Sulthan Chand, New Delhi.
2. Jain, S.P & Narang, N.L., Advanced Accounting, Kalyani Publications.
3. Reddy T.S. & Murthy, A, Corporate Accounting, Margham Publications, Chennai.
4. Shukla & Grewal & Gupta, Advanced Accounting, S. Chand & Co., New Delhi.
5. P.Radhika & Anita Raman, Corporate Accounting, McGraw Hill Education, NewDelhi.
E-Resources
www.accountingcoach.com
www.accountingstudyguide.com
www.futureaccountant.com
www.education.svtuition.org
CORE PAPER VI - COMPANY LAW & SECRETARIAL PRACTICE
Course Objectives No of Credits: 4
To acquire knowledge at practical and procedural aspects of a company formation and e-
governance including digital signature and compliance requirements.
UNIT I
INCORPORATION OF COMPANY AND ROLE OF COMPANY SECRETARY
Evolution of Company law – Meaning and characteristics of a company – Stages of
incorporation – e-filing – Memorandum of Association and Articles of Association – Alteration –
Effects of registration – Doctrine of constructive notice– Ultravires and indoor management –
lifting of Corporate veil.
Role and importance of Company Secretary – Key Managerial Personnel – Compliance
officer – Compulsory Appointment - Qualification and disqualifications – Powers, duties and
responsibilities of Secretary – Resignation and removal of Company Secretary – Officer in default.
UNIT II
PROSPECTUS & SHARECAPITAL
Prospectus – Shelf Prospectus – Red herring Prospectus – Civil & Criminal liability for
mis-statement in Prospectus – Statement in lieu of Prospectus - Secretarial duties in the issue of
Prospectus.
Share capital – Alteration of Share capital – rights issue, Bonus issue, Private and
preferential allotment – Dividend, interim dividends, warrants and mandates – Secretarial duties in
the issue of share capital.
UNIT III
MEMBERS AND SHAREHOLDERS
Members – Rights and responsibilities – who can be a member – member, shareholder,
contributory – difference – transfer and transmission of shares (including depository mode) –
Nomination and its importance.
UNIT IV
KEY MANAGERIAL PERSONNEL AND MEETINGS
Directors – Women Director – Independent Director and Whole time Key Managerial
Personnel – Director Identification Number and its significance – duties, qualification and
disqualification.
Board meeting, shareholder meeting, committee meeting, mandatory committee meeting –
Role and composition – Powers of the board – Notice , Agenda, minutes and resolution –
Secretarial duties in meetings.
UNIT V
WINDING UP
Modes of Winding up - Winding up by the tribunal – Voluntary Winding up
– NCLT – Special courts – Mediation and Conciliation panel.
Practical orientation – To encourage the students to role play as company secretary in any
meeting of the company (conduct Mock meeting)
Suggested Readings:
1. Dr. B. Ravi – Company Law and Secretarial Practice ( New Companies Act 2013)
2. N. D Kapoor – Company Law, Sultan Chand & Sons, New Delhi
3. Gaffoor & Thothadri – Company Law and Secretarial Paractice, Vijay Nicole Prints,
Chennai
4. V.Balachandran and M.Govindarajan – A Student Handbook on Company Law and
Practice, Vijay Nicole Prrints, Chennai
5. Taxman’s Companies Act 2013 - Taxman Publications, New Delhi
6. Vinod Kothari – Understanding Companies Act 2013 – Jain book agency, New Delhi.
7. Mr. Srinivasan – Company Law & Secretarial Practice, Margham
Publications, Chennai
Journals:
• India business Law Journal, Vantage Asia publishing Limited
• Law Journal/ Corporate Law Reporter
• Symbiosis Contemporary Law Journal
• ICSI - Journals & Bulletins
E – learning resources
• www.indianlawjournal.org
• www.icsi.edu
• www.clioindia.com
Allied Paper III - BUSINESS STATISTICS
Course Objectives Number of Credits: 5
• To facilitate the understanding of the relevance and need of the Statistics in the Current
Scenario.
• To Customize the importance of Business Statistics for the Commerce Students.
UNIT - I Introduction
Meaning and Definition of Statistics - Collection and Tabulation of Statistical
Data - Presentation of Statistical Data - Graphs and Diagrams
UNIT- II Measures of Central Tendency and Measures of Variation
Measures of Central Tendency - Arithmetic Mean, Median, Mode, Harmonic Mean and
Geometric Mean. Measures of Variation - Standard deviation - Mean Deviation - Quartile Deviation
- Skewness and Kurtosis - Lorenz Curve
UNIT- III Correlation and Regression Analysis
Simple Correlation - Scatter Diagram - Karl Pearson’s Correlation - Spearman’s
RankCorrelation - Regression - Meaning - Linear Regression.
UNIT - IV Time Series
Analysis of Time Series - Causes of variation in Time Series Data - Components of Time
series; Additive and multiplicative models - Determination of Trend by Semi average, Moving
average and Least squares (Linear, Second degree and Exponential) Methods - Computation of
Seasonal indices by Simple average, Ratio-to-moving average, Ratio-to Trend and Link relative
methods
UNIT - V Index Numbers
Meaning and Types of Index numbers - Problems in Construction of Index numbers - Methods of
Construction of Price and Quantity indices - Tests of adequacy - Errors in Index numbers - Chain
Base Index numbers - Base shifting - splicing - deflating - Consumer Price index and its uses -
Statistical Quality Control
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80
between
Theory and Problems.
Suggested Readings
1. Dhingra I C & M.P. Gupta, Lectures in Business Statistics, Sultan Chand and Sons, New
Delhi, 2009
2. Gupta S P and Archana Agarwal, Business Statistics (Statistical Methods), Sultan Chand
and Sons, New Delhi, 9
th
revised edition 2013
3. Gupta S. C, Fundamentals of Statistics, Himalaya Publishing House
4. Sharma J K, Fundamentals of Business Statistic’s, 2nd edition, Vikas Publishing
House Pvt Ltd, 2013
E-Resources
www.spss.co.in
https://statlearning.class.stanford.edu
http://www.mit.edu
www.springer.com
SEMESTER IV
Core Paper VII - ADVANCED CORPORATE ACCOUNTING
Course Objectives Number of Credits: 4
• To enable the students to understand the method of solving problems in company accounts
• To facilitate the students to understand liquidation accounting
Unit I: Internal Reconstruction
Meaning - Alteration of share capital - accounting procedures
Unit II: Amalgamation and External Reconstruction
Meaning - Amalgamation in the nature of merger, purchase - External Reconstruction -
Applicability of AS 14 - Calculation of purchase consideration (all methods) - Journal entries in
the books of Transferor and the Transferee Companies
- revised balance sheet (excluding inter-company holdings)
Unit III: Consolidation accounting
Holding Company - Subsidiary Company - Meaning - Preparation of
Consolidated Final
Statement of Accounts - Treatment of Dividend. (Inter - Company Owing excluded)
Unit IV: Banking Company accounts
Bank accounts - concept of NPAs - Asset classification - Preparation of Final Accounts of
Banking Companies.
Unit V: Liquidation
Meaning - Preparation of Liquidator’s Final Statement of Account -
Calculation of
Liquidator’s Remuneration - Preparation of Statement of Affairs and Deficiency Account
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and
Problems.
Suggested Readings:
1. Gupta, R.L. & Radhaswamy, M., Advanced Accounts, Sultan Chand & Sons, New Delhi.
2. Jain, S.P. & Narang K.L., Advanced Accounts - Kalyani Publishers.
3. Reddy, T.S & Murthy, A, Corporate Accounting, Margham Publications, Chennai.
4. Shukla, M.C. & Grewal, J.S, Advanced Accounts, S. Chand and Company, New Delhi.
5. P.Radhika & Anita Raman, Advanced Corporate Accounting, McGraw Hill Education,
New Delhi.
E-Resources
www.accountingcoach.com
www.accountingstudyguide.com
www.futureaccountant.com
www.education.svtuition.org
Core Paper: VIII - INDIRECT TAXATION
Course Objectives Number of Credits: 5
• To make the students to gain knowledge of the Principles of the Indirect Tax.
• To highlight the students about the Customs duty, Excise duty, VAT etc.
UNIT I: Introduction
History and Objectives of Taxation - Canons of Taxation - Tax system in
India - Direct and
Indirect
Taxes - Meaning and Types - powers of Union and States to levy taxes
UNIT – II: GST – Overview & Concepts
Background behind implementing GST- The need for GST- Business impact- Objectives
and Benefits of GST-SGST- CGST and IGST- Taxes covered by GST- Definitions - Scope and
Coverage Scope of supply- Levy of tax- Rate Structure- Taxable Events - Types of Suppliers -
Composite and Mixed Suppliers - Composite Levy - Cross empowerment.
UNIT – II: GST Taxation/ Assessment proceedings
Return- Refunds- Input Tax Credit- Reverse charge Mechanism, Transitional Provisions
composition under GST- Administrative structure of GST-Officers as per CGST Act- Officers as
per SGST Act-Jurisdiction- Appointment Powers.
UNIT-IV GST Audit
Assessment and Audit under GST- Demands and Recovery- Appeals and revision-
Advance ruling Offences and Penalties - NAPA (National Anti- Profiteering Authority).
UNIT-V Customs duty
The custom duty- Levy and collection of customs duty- Organisations of custom
departments- Officers of customs- powers- Appellate Machinery- Infringement of the Law-
Offences and Penalties- Exemptions from duty customs duty draw back- duties free Zones - Export
Incentive Schemes.
Note: All Units, only Theory
Suggested Readings:
1. Sweta Jain, GST law and practice, Taxmann Publishers, July 2017.
2. Daty V S, GST- Input Tax Credit- Taxmann Publishers, second edition August 2017
3. Anurag Pandey, Law and Practice of GST- Sumedha Publication House, 2017
4. Vandana Bange, Beginners- Guide Aadhaya Prakashan Publisher, 2017
5. Govindarajan, A practical guide send text publishers, July 2017
6. D a t t a , D C , L a y m a n ’ s G u i d e o n G S T , T a x m a n P u b l i c a t i o n s
7. Reddy & Dr. Y. Hariprasad Reddy, Business Taxation, Margham Publications, Chennai
E-Resources
www.legalserviceindia.com
www.indiacorporateadvisor.com
www.tnvat.gov.in
www.cbec.gov.in
www.aces.gov.in
ALLIED IV - SECURITIES LAWS AND MARKET OPERATIONS
Course objectives No of Credits:5
To promote conceptual understanding and in-depth knowledge of trading in securities and
its implication in financial markets.
UNIT I Primary Market / New Issue Market
Meaning – Functions of New issue market – Methods of floating new issues
– Players involved in the new issue market (Merchant bankers – Underwriters – Brokers -
Registrar- Lead managers & Banks) – Role of SEBI relating to the new issue market – SEBI
Guidelines for disclosure & Investor Protection.
UNIT II Secondary Market / Stock Exchange
Origin & Management of stock exchanges in India – Characteristics – Functions –
Members – Granting recognition to stock exchanges – Listing of securities & registration of
brokers – Kinds of brokers in stock exchange – NSE – BSE – OTCEI – SEBI Guidelines relating
to listing of securities.
UNIT III Financial Instruments in New Issue & Secondary Market
Treasury bills- Commercial bills- Certificate of deposits- Equity shares- Preference shares-
Sweat equity shares- Debentures- American Depository Receipts- Global Depository Receipts-
Exchange traded funds & exchange traded notes – Mutual Funds.
UNIT IV Mechanism of Stock Market Trading
Screen based trading and internet based trading – Demat trading and role of depositories –
Market Derivatives, advantages and its types – futures, hedge fund, forward, options & swaps
Market indexes – SENSEX, NIFTY & CNX NIFTY (Basics)
UNIT V Credit Rating Agency
Meaning – Functions – Credit rating in India – Credit rating agencies in India – CRISIL &
CARE
Practical orientationTo give practical exposure to students relating to stock trading and market indexes
reading of various sectors like manufacturing, pharmaceuticals, health, aviation, hospital etc.
1. Assignment
2. Collage on IPO Issues.
Suggested Readings
1. Dr. L. Natarajan - Securities Laws & Market Operations, Margham Pub. Chennai.
2. K.Natarajan, E.Gordon – Financial market & Services, Himalaya publishing House,
Mumbai.
3. S.Gurusamy – Securities Laws & Market operations, Vijay Nichole Prints, Chennai.
4. Gupta L.C – Stock Exchange Trading in India, Society for Capital Market Research and
Development, Delhi
5. MachiRaju.H.R – Working of Stock Exchange in India, New Age
International.
6. Chandrate K.R; et al : Capital issue, SEBI & Listing; Bharat Publishing House
7. V.K . Bhaliya – Financial Derivatives – Risk Management, Sultan Chand ltd, New Delhi.
JOURNALS
• Taxman – SEBI and Corporate Laws
• Corporate Law Advisor
• SEBI Monthly Bulletins
• NSE Yearly Publications
e- LEARNING RESOURCES
• http://corporatefinanceinstitute.com
• www.bseindia.com
• www.managementstudyguide.com
• www.investopedia.com
SEMESTER V
CORE PAPER IX – COST ACCOUNTING
Course Objectives: No of Credits: 4
To gain knowledge on ascertainment of the cost of goods & services accurately on cost
control.
UNIT - I Cost Accounting
Definition, meaning and objectives- Advantages and Importance- Distinction between Cost
and Financial Accounting - Elements of Cost and Preparation of Cost Sheets and Tenders.
UNIT – II Materials
Stores record- purchase records- purchase order- Goods received note- Bin card- Stores
Ledger - Inventory Control- ABC Analysis – Economic Ordering Quantity – Maximum, Minimum
and Reordering levels – Methods of Pricing Issues - Perpetual Inventory System.
UNIT – III Labour
Importance of Labour Cost Control- Various Methods of Wage Payments - Calculation of
Wages - Methods of Incentives (Bonus) Schemes - Recording Labour time- Treatment of “OVER
TIME” and “IDLE TIME”- Labour Turn Over (L.T.O)
UNIT – IV Overheads (Factory, Administration, Selling and Distribution)
Definition and Meaning of Overheads – Classification – Apportionment of Overheads –
Redistribution (Secondary Distribution) – Absorption of Overheads including “Machine Hour
Rate”.
UNIT – V Methods of Costing
Unit Costing – Job Costing (Excluding Contract Costing) – Process Costing – Simple Process
Accounts (Excluding Inter Process Profits and Equivalent Production, Joint Product) – Operation and
Operating Costing.
Practical orientation - Students can be advised to prepare a model cost sheet with the help of
published financial reports of manufacturing industries.
Suggested Readings:
1. B.K.Bhar – Cost Accounting, Academic Publishers.
2. Jain &Narang – Cost and Management Accounts, Kalyani Publishers,
3. S.N.Maheshwari – Cost & Management Accounts, Sultan Chand & Sons, New Delhi.
4. S.P.Iyengar – Cost Accounting principles and practice, Sultan Chand & Sons, New Delhi.
5. T.S. Reddy and Y. Hari Prasad Reddy – Cost Accounting, Margham Publications,
Chennai.
6. A.Murthy & S.Gurusamy, Cost Accounting, Vijay Nichole Prints, Chennai.
7. S.Thothadri & S. Nafeesa, Cost Accounting, McGraw Hill Edu., New Delhi.
CORE PAPER X - CORPORATE GOVERNANCE AND ETHICS
Course Objectives No Of Credits - 5
• To impart knowledge on governance which ensure ethics in corporate management.
• To provide an understanding on legal enforcement for management of corporate health in
the interest of shareholder & public.
UNIT 1 Corporate Governance
Corporate governance – meaning – objectives – need - importance – principles – corporate
governance and organisation success. Corporate governance in India
UNIT 2 Levels of Governance Structure
Corporate governance and role, responsibilities and powers - Board of Directors, Corporate
Management Committee and Divisional Management Committee.
UNIT 3 Corporate Governance Forums
CII code on corporate governance – features - Various Corporate Governance forums – CACG,
OECD, ICGN AND NFCG.
UNIT 4 Corporate Social Responsibility
Corporate Social Responsibility – definition – nature – levels – phases and approaches, principles,
Indian models – dimensions. Corporate social reporting - Objectives of Corporate Social Reporting
and case studies.
Unit 5 Business Ethics
Business ethics – meaning, significance, scope – factors responsible for ethical and unethical
business decision. Unethical practices in Business – Business ethics in India – Ethics training
programme.
Practical orientation – Students can be assigned to submit a report on CSR activities of the
Institution in which they have undergone institutional training.
Suggested Readings:
1. Dr. Neeru Vasishth and Dr. Namita Rajput - Corporate Governance values and ethics,
Taxmann Publications Pvt Ltd, New Delhi.
2. S.Sanakaran – International Business & Environment, Margham Publication, Chennai.
3. Dr.S.S. Khanka – Business Ethics and Corporate Governance, S.Chand Publication.
4. Sundar.K, Business Ethics and Value, Vijay Nichole Prints, Chennai.
5. Taxmann - Corporate Governance, Indian Institute of Corporate Affairs,
6. A.C.Fernando, K.P.Muralidharan & E.K.Satheesh – Corporate Governance, Principles,
Policies and Practices, Pearson Education.
Journals
• Journal of Corporate Governance Research – Macrothink Institute
• Indian Journal of Corporate Governance, Bi-annual journal – Sage Journals
e-l earning Resources
• https://elearningindustry.com
• https://essentialskillz.com
Core Paper XI - BUSINESS LAWS
Course Objectives Number of Credits: 4
• To highlight the Provisions of Law governing the General Contract and Special Contract.
• To enable the students to understand the Legal Remedies available in the Law to the
Business and other People.
Unit I: Formation of Contract
Indian Contract Act - Formation - Nature and Elements of Contract -
Classification of
Contracts - Contract Vs Agreement.
Unit II: Offer, Acceptance and Consideration
Offer - Definition - Forms of Offer - Requirements of a Valid Offer.
Acceptance – Meaning
- Legal rules as to a Valid Acceptance. Consideration - Definition - Types - Essentials.
Unit III: Other Elements of Valid Contract
Capacity of Parties - Definition - Persons Competent to contract. Free consent – Coercion -
Undue Influence - Fraud - Misrepresentation - Mistake. Legality of object - Void agreements -
Unlawful Agreements.
Unit IV: Performance of Contract
Performance of Contracts - Actual Performance - Attempted Performance - Tender. Quasi
Contract - Definition and Essentials. Discharge of Contract - Modes of Discharge - Breach of
Contract - Remedies available for Breach of Contract.
Unit V: Sale of Goods Act
Sale - Contract of Sale - Sale Vs Agreement to Sell - Meaning of Goods - Conditions and
Warranty - Caveat Emptor - Exceptions of Caveat Emptor - Buyer and Seller of Goods - Unpaid
Seller - Definition - Rights of an Unpaid Seller.
Suggested Readings:
1. Balachandran. V & Thothadri.S, Business Law, Vijay Nicole Imprints Pvt. Ltd. Chennai
2. Kapoor, N.D. Business Laws, Sultan Chand and Sons.
3. Sreenivasan, M.R. Business Laws, Margam Publications.
4. Dhandapani, M.V. Business Laws, Sultan Chand and Sons.
5. Badre Alam, S. & Saravanavel, P. Mercantile Law
6. Pillai, R.S.N. & Chand, S, Business Law, S Chand & Co, Delhi
7. Ramaswamy, K.N., Business Law, S Chand & Co, Delhi
8. Shukla, M.C, Business Law, S. Chand & Co.
E-Resources
www.cramerz.com
www.digitalbusinesslawgroup.com
http://swcu.libguides.com/buslaw
http://libguides.slu.edu/businesslaw
Core Paper XII - INCOME TAX LAW AND PRACTICE - I
Course Objectives Number of Credits: 4
• To provide a detailed understanding of the various provisions of I.T. Act.
• To enable the students to about the Assessment Procedures and Tax Planning.
Unit I: Introduction
History of Income tax in India - Meaning of Income - Features of Income Tax - Types -
Important Definitions Under the Income Tax Act - Assessee - Types - Rates of Tax - Residential
Status - Scope of Total Income - Incomes Exempt from tax.
Unit II: Income from Salary
Definition - Allowances - Valuation of perquisites - Deductions from Salary
- Gratuity - Pension - Commutation of Pension - Leave Salary - Profits in lieu of Salary -
Provident Funds - Deductions under Sec. 80C
Unit III: Income from House Property
Meaning - Exemptions - Annual Value - Meaning and Computation - Deductions from
Annual Value – Legal Provisions.
Unit IV: Profits and Gains from Business or Profession
Income from Business or Profession - Allowable expenses - Not allowable expenses -
General deductions - Provisions relating to Depreciation - Deemed Business Profits - Undisclosed
incomes
Unit V: e-filing & Submission of Returns
e-filing - Concept - Procedure - 26 AS - TDS - Traces - Filing of Return - Due date for filing
returns - Various Returns - Permanent Account Number (PAN) - Usage of PAN
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and
Problems.
Suggested Readings
1. Vinod, K. Singhania, Students Guide to Income Tax, Taxman Publications Pvt. Ltd.
2. Murthy.A, Income Tax Law & Practice, Vijay Nicole Imprints Pvt. Ltd. Chennai
3. Mehrotra - Income Tax Law & Accounts, Goyal, Sathiya Bhavan Publications.
4. Gaur & Narang, Income Tax Law & Practice, Kalyani Publishers.
5. Reddy, T.S. & Hariprasad Reddy, Y, Income Tax Theory, Law & Practice, Margham
Publications, Chennai.
6. Hariharan N, Income Tax Law & Practice, Vijay Nicole Imprints Pvt. Ltd. Chennai
7. Anita Raman, Income Tax Theory, Law and Practice, McGraw Hill Education, New Delhi.
E-Resources www.incometaxindia.gov.in
www.incometaxindiaefiling.gov.in
www.onlineservices.tin.egov-nsdl.com
www.cleartax.in
Elective Paper I – MARKETING
Course Objectives Number of Credits: 5
• To make the students understand the importance and the relevance of Marketing in To-day’s
Business World.
• To enable the students to understand the Features of the Indian Marketing.
Unit I: Introduction
Marketing - Meaning - Definition and Functions of Marketing - Marketing Orientation -
Role and Importance of Marketing - Classification of Markets.
Unit II: Market Segmentation and Consumer Behaviour
Market Segmentation - Concept - Benefits - Basis and Levels. Introduction to Consumer
Behaviour - Need for study - Consumer Buying Decision Process - Buying Motives. Marketing
Research - MIS - Meaning and Differences.
Unit III: Marketing Mix and Product Policy
Marketing Mix - Meaning - Product - Introduction - Product policy - Product Planning -
Stages of New Product Development - Introduction to PLC -
Packaging - Branding -
Labelling
- Product Mix - Price - Pricing Policies and Methods.
Unit IV: Channels of Distribution
Channels of Distribution - Levels - Channel Members - Promotion - Communication Mix -
Basics of Advertising, Sales Promotion and Personal Selling.
Unit V: Recent Trends in Marketing
E - Marketing - Online Retailing - Shopping Malls - Consumer Protection Act - Salient
Features - Consumerisation - Consumer Rights, Consumer Grievance Redressal Forums- Role of
Social Media in Marketing.
Suggested Readings
1. Rajan Nair, Marketing, Sulthan Chand & Sons, New Delhi.
2. Varshney, Marketing Management, Sulthan Chand & Sons, New Delhi
3. Chandrasekar K S, Marketing Management: Text and Cases, Vijay Nicole Imprints,
Chennai, 2014
4. Gandhi, J.C, Marketing, Himalaya Publications.
5. Radha, Marketing, Prasanna Publications, Chennai.
6. Santhanam, Marketing, Margham Publications, Chennai
7. Sundar, K. Essentials of Marketing, Vijay Nicole Imprints Pvt. Ltd., Chennai
E-Resources
www.marketmotive.com
http://emailmarketing.comm100.com/email-
marketing-tutorial/
www.marketing91.com
www.managementstudyguide.com
SEMESTER VI
CORE PAPER XIII – INDUSTRIAL LAWS
Course Objectives: No of Credits:4
• To acquire knowledge on various rules and regulations prevalent in the present business
scenario.
• To gain insight on various legal Acts passed to protect the health, safety & welfare of the
employees.
UNIT I Factories act 1948
Definitions – Health – Safety – Welfare – Working Hours of Adults – Employment of Women
– Employment of Young Persons – Leave with Wages.
UNIT II Industrial Disputes Act 1947
Definitions – Authorities under the Act – Reference of Disputes –
Procedures and Powers of Authorities – Strikes and Lock-outs – Lay-off & Retrenchment –
Special Provisions relating to Lay-off, Retrenchment & Lock-outs
UNIT III The Workmen Compensation Act 1923
Need for the Act – Scope & Coverage of the Act – Definitions – Employer’s liability for
Compensation (Section 3) including Theory of Notional Extension & Occupational Diseases –
Defences available to Employer – Amount & Distribution of Compensation – Notice & Claim –
Medical Examination - Obligations & Rights of Employers & Employees - Schedules to the Act
UNIT IV Employees State Insurance Act 1948
Objects-definitions-ESI Corporation, functions- contribution and recovery- benefits-
penalties for false claims
UNIT V Employees Provident Fund and Miscellaneous Provision Act, 1952
Objects- definition- provident fund schemes- contribution and recovery – penalties and
offences
Practical orientation - Students can be assigned to submit a report on welfare, health and
safety measures taken by the manufacturing industries of their choice.
Suggested Readings
1. N.D.Kapoor – Industrial Laws, Sultan Chand & Sons, New Delhi.
2. P.C.Tripathi - Industrial Laws, Sultan Chand & Sons, New Delhi
3. Dr.M.R.Sreenivasan & C.D.Balaji - Industrial Laws & Public Relations, Margham
Publications, Chennai.
4. B.Nandha Kumar, Industrial Laws, Vijay Nichole Prints, Chennai.
5. S.Thothadri & Vijayalakshmi.M, IK International Publishing House Pvt Ltd.
Core Paper XIV - MANAGEMENT ACCOUNTING
Course Objectives Number of Credits: 4
• To enable the students to get knowledge about the various techniques of
Management Principles.
• To make the students to get practical skill in solving management problems.
Unit I: Introduction
Management Accounting - Meaning - Scope - Importance - Limitations – Management
Accounting Vs Cost Accounting - Management Accounting Vs Financial Accounting.
Unit II: Financial Statement Analysis
Analysis and Interpretation of Financial Statements - Nature and Significance
- Types of Financial Analysis - Tools of Analysis - Comparative Statements - Common size
Statement - Trend Analysis.
Unit III: Ratio Analysis
Meaning - Advantages - Limitations - Types of Ratios - Liquidity Ratios - Profitability Ratios -
Turnover Ratios - Capital Structure Ratios - Leverage Ratios
- Calculation of Ratios.
Unit IV: Cash Flow Analysis & Marginal Costing
Meaning of Cash Flow Statements - Advantages - Limitations - Preparation of Cash Flow
Statement - Types of Cash flows - Operating, Financing and Investing Cash flows. Application of
Marginal Costing in Decision Making - Make or Buy - Shutdown or Continue - Exploring New
Markets.
Unit V: Budgetary Control & Capital Budgeting Control.
Budgetary Control - Meaning - Preparation of various Budgets - Cash Budget - Flexible
Budget - Production Budget - Sales Budget. Capital Expenditure Control - Meaning of Capital
Budgeting - Assessment of Capital Expenditure through Pay Back Method, Net Present Value
Method and Accounting Rate of Return Method.
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80
between
Theory and
Problems.
Suggested Readings:
1. Maheswari, S.N., Management Accounting, Sultan Chand & Sons
2. Murthy A & Gurusamy S, Management Accounting- Theory & Practice, Vijay Nicole Imprints
Pvt. Ltd. Chennai
3. Charles T. Horngren & Gary Sundem, N, Introduction to Management
Accounting, Prentice Hall
4. Sharma and Shashi K. Gupta, Management Accounting, Kalyani Publishers
5. Reddy, T.S. & Dr. Hariprasad Reddy, Y, Management Accounting, Margham Publications,
Chennai.
6. Hansen - Mowen, Cost Management Accounting and Control, South Western College
E-Resources
www.accountingcoach.com
www.accountingstudyguide.com
www.futureaccountant.com
www.thestudentcpa.com
Core Paper XV - ENTREPRENEURIAL DEVELOPMENT
Course Objectives Number of Credits: 4
• To make the students to understand the concept of Entrepreneurship and their work in life
•
To enable the students to know the effectiveness of the Manpower in
Entrepreneurship.
Unit I: Entrepreneurship - Entrepreneur: Meaning of entrepreneurship – Types of
Entrepreneurship – Traits of entrepreneurship – Factors promoting entrepreneurship- Barriers to
entrepreneurship- the entrepreneurial culture- Stages in entrepreneurial process – Women
entrepreneurship and economic development- SHG.
Unit II: Developing Successful Business Ideas - Recognizing opportunities – trend analysis –
generating ideas – Brainstorming, Focus Groups, Surveys, Customer advisory boards, Day in the
life research – Encouraging focal point for ideas and creativity at a firm level-Protecting ideas from
being lost or stolen – Patents and IPR.
Unit III: Opportunity Identification and Evaluation - Opportunity identification and
product/service selection – Generation and screening the project ideas – Market analysis, Technical
analysis, Cost benefit analysis and network analysis- Project formulation – Assessment of project
feasibility- Dealing with basic and initial problems of setting up of Enterprises
Unit IV: Business Planning Process - Meaning of business plan- Business plan process-
Advantages of business planning- preparing a model project report for starting a new venture
(Team-based project work).
Unit V: Funding - Sources of Finance- Venture capital- Venture capital process- Business angle
investors - Commercial banks- Government Grants and Schemes - Crow funding
Suggested Readings
1. Saravanavel, P. Entrepreneurial Development, Principles, Policies and
Programmes, Ess Pee Kay Publishing House - 1997, Chennai.
2. Tulsian, P.C & Vishal Pandey, Business Organization and Management, Pearson
Education India, 2002, Delhi.
3. Janakiram, B, and Rizwana, M, Entrepreneurship Development, Text and Cases, Excel
Books India, 2011, Delhi.
4. Arun Mittal & Gupta, S.L - Entrepreneurship Development, International Book House Pvt.
Ltd, 2011, Mumbai.
5. Anil Kumar, S, Poornima, S, Abraham, K, Jayashree, K - Entrepreneurship Development,
New age International (P) Ltd, 2012, Delhi
6. Gupta C B and Srinivasan NP, Entrepreneurial Development, Sultan Chand & Sons
7. Raj Shankar, Entrepreneurship, Vijay Nicole Imprints Pvt. Ltd. Chennai
E-resources
http://inventors.about.com/od/entrepreneur/
http://learnthat.com/tag/entrepreneurship/
www.managementstudyguide.com
www.quintcareers.com www.entrepreneur.com
Core Paper XVI – INCOME TAX LAW AND PRACTICE - II
Course Objectives: No of Credits: 4
1. To help the students to understand the relevance and significance of Tax.
2. To facilitate the students in understanding the various Provisions I.T. Act.
UNIT I: Income from Capital Gain
Capital Gain - capital assets - types of capital assets - assets not included
in capital assets - t ransfer of capital assets - Short term and Long term Capital Gains
- Cost of Acquisition - Cost of Improvement - Indexation - Capital Gain under different
circumstances - Exempted Capital Gains - Computation of Capital Gains.
UNIT II: Income from other sources
Computation - Grossing up - Deductions in Computing Income under the head and other
related provisions.
UNIT III: Clubbing of Incomes and Set off / Carry forward and Set - Off of losses
Clubbing of Incomes under various situations - Deemed Incomes – Simple Problems on
clubbing of incomes - Set off - Carry forward and set off of losses.
UNIT IV: Deductions from Gross Income
Permissible Deductions from Gross Total Income - Sec. 80C, 80CCC, 80CCCD, 80 D,
80DD, 80DDB, 80E, 80G, 80GG, 80GGA, 80QQB, 80RRB,
80U. Assessment of
Individual-
Computation of Tax.
UNIT V: Income Tax Authorities and Procedure of Assessment
Income Tax Authorities - Powers of the Central Board of Direct Taxes (CBDT),
Commissioners of Income Tax and Income Tax officers. Assessment Procedures - Self
Assessment - Best Judgement Assessment - Income Escaping Assessment (Re assessment) -
Advance Payment of Tax
Suggested Readings
1. Vinod, K. Singhania, Students Guide to Income Tax, Taxman Publications Pvt. Ltd.
2. Murthy.A, Income Tax Law & Practice, Vijay Nicole Imprints Pvt. Ltd. Chennai
3. Mehrotra - Income Tax Law & Accounts, Goyal, Sathiya Bhavan Publications.
4. Gaur & Narang, Income Tax Law & Practice, Kalyani Publishers.
5. Reddy, T.S. & Hariprasad Reddy, Y, Income Tax Theory, Law & Practice, Margham
Publications, Chennai.
6. Anita Raman, Income Tax Theory, Law & Practice, McGraw Hill, New Delhi.
7. Hariharan N, Income Tax Law & Practice, Vijay Nicole Imprints Pvt. Ltd. Chennai
E-Resources www.incometaxindia.gov.in
www.incometaxindiaefiling.gov.in
www.onlineservices.tin.egov-nsdl.com
www.cleartax.in
ELECTIVE PAPER II – INSTITUTIONAL TRAINING
Learning outcomes
1.
To bridge the gap between theory & practice and stimulate trainee’s desire to face the
challenges and problems in a corporate environment.
2.
To get an overview of the practical aspects of company secretaryship.
Supervised Institutional Training shall be an integral part of B.Com (Corporate
Secretaryship) Degree Course. It is a sort of job testing programme designed to bridge the gap
between theory & practice and create a natural interest in the practical aspects of the Company
Secretaryship so as to stimulate trainee's desire to face its challenges and problems.
The training should be given under the joint supervision and guidance of the Training Officer
of the Organisation/Institution and Faculty member of Corporate Secretaryship of the college. The
details of the training given and the assessment of each student in that regard should be fully
documented.
The duration of the training shall be for a period of 30 days. The training shall broadly
relate to
(a)
Office Management
(b)
Secretarial Practice.
The training relating to Office Management may be designed to acquaint the trainees with:
1.
Company's activities, organization structure, departments and authority relationship.
2.
Study of layout, working conditions, office maintenance, safety and sanitary conditions.
3.
Study of the Secretarial service, communication, equipment, postal and mailing services
and equipments.
4.
Acquaintance with office machines and equipment and accounting machines.
5.
Acquaintance with filing department, sales, purchases, sales accounts, salary,
administration and personnel departments.
The training pertaining to Secretarial Practice shall be on all aspects of the functions of a
corporate secretary.
The following types of organizations may be selected for the training:
1.
Public Limited Companies (Both Industrial and Commercial).
2.
Statutory bodies, Public Enterprises and Public Utilities like L.I.C., Electricity
Board, Housing Board and Chambers of Commerce, Cooperative Societies and
Banks.
3.
Office Equipment Marketing Organizations.
4.
Office of a Practicing Chartered Accountant, Cost Accountant or Company Secretary.
NOTE:
The report must be submitted by the candidate, under the guidance of the faculty members of
the respective colleges. The training officers of the concerned organisation/institution are
requested to provide the necessary documents, information and impart knowledge to the candidate
in order to complete the project.
The Report shall include information about the profile of the company, products, projects,
milestones, organisation structure, details of departments, and analysis of financial performance.
The report shall be around 50 typed pages, excluding tables, figures, bibliographies and
appendices. The department of the respective college shall evaluate the report for 100 marks and
conduct Viva-Voce (both by internal and external examiners). The marks shall be sent to the
University as per the procedure. A candidate failing to secure the minimum for a pass (40%) shall
be required to resubmit this report to the department and the marks after valuation shall be
forwarded to the University before the commencement of the examination.
The external examiner in consultation with internal examiner should conduct Viva-Voce
and evaluate the report.