B.Com SEMESTER VI-

BC/6/CC/21: Auditing and Corporate Governance

Unit I

1. Auditing: Introduction, Meaning, Objectives, Basic principles ans techniques; Classification of Audit, Audit planning, Internal control- Internal check and Internal Audit.
2. Audit Procedure- Vouching and verification og assets and liabilities.

Unit II

3. Audit of Limited Companies: Company Auditor- Qualifications and disqualifications, Appointment, Rotation, Removal, Remuneration, Rights and Duties
4. Auditor’s Report-Contents and Types; Liabilities of Statutory Auditors under Companies act 20013.

Unit III

5. Special Areas of Audit: Special features of Cost Audit, Tax Audit, and Management Audit.
6. Recent Trends in Auditing: Basic considerations of audit in EDP Environment; Standard on Auditing(SA).

Unit IV

7. Corporate Governance: Conceptual Framework of Corporate Governance, Corporate Governance Reforms;
8. Major Corporate Scandals in India and Abroad: Common Governance Problems Noticed in various Corporate Failures. Codes and Standards on Corporate Governance.

Unit V

9. Corporate Social Responsibility (CSR): Strategic Planning and Corporate Social Responsibility; Corporate Philantrophy, Meaning of CSR, CSR and Corporate Sustainability, CSR and Business ethics, CSR and Corporate Governance;
10. Environmental Aspects of CSR, CSR provision under the Companies Act 2013, CSR Committees.

Suggested Readings:

1. Basu, Sanjib Kumar, Fundamentals of Auditing, Pearson
2. Duttachowdhury, Dhruba: Principles of Audit and Internal Auditing: New Central Book Agency, Kolkota
3. Gupta, Kamal: Contemporary Auditing: Tata McGraw Hill, New Delhi
4. Pagare, Dinkar: Principles & Practice of Auditing: S.Chand, New Delhi
5. Sengupta & Sengupta, A Practical Approach to Auditing: Rabindra Library, Kolkata
6. Sharma, T.R., Auditing Principles & Problems, Sahiya Bhavan, Agra
7. Tandon, B.N. et al: A Handbook of Practical Auditing: S.Chand, New Delhi

BC/6/CC/22: Financial Accounting

Unit I

Accounting from incomplete Records

1. Single entry system; definition; special features of single entry system; Limitation of single entry system; Advantages of single entry systems; disadvantage of single entry system; Difference between single and double entry systems.
2. Calculation of profit under single entry system; statement of affairs method; conversion method (theory & numericals).

Unit II

Accounting for Non-profit Organizations

3. Concepts; Receipts and payments Account; uses and limitations.
4. Income and Expenditure Account; features; Balance sheet; preparation of Income and Expenditure Account (theory & numericals).

Unit III

Accounting for Consignment and Joint Ventures

5. Consignment Accounts- Important terms, Accounting records; valuation of unsold stocks (theory & numericals);
6. Joint venture Accounts- Concepts, Joint Venture vs Consignment; Joint venture vs partnership (theory & numericals).

Unit IV

Accounting for Branches

7. Concepts; importance; Branches vs Departments, Independent branch, Foreign branch (Theory only).
8. Accounting for Branches: Dependent branch; Debtors system; Stock and debtors system (Theory & numerical).

Unit V

Accounting for Cash Flow and Funds Flow

9. Funds Flow Statement: Meaning of Funds, Flow of Funds, preparation of Fund Flow statements (theory & numericals).
10. Cash Flow Statement: Concept, Importance, Cash Flow vs Fund Flow; Preparation of Cash Flow statements (theory & numericals)

Suggested Readings:

1. Agarwal A.N., Agarwal K.N.: Higher Sciences of Accountancy; Kitab Mahal, Allahabad.
2. Basu, S.P. & Das, M: Practice in Accountancy, vol-I, Rabindra Library, Kolkata-73
3. Maheshwari, S.N. and Maheshwari, S.K., Advanced Accounting; Vikas publishing House, New Delhi.
4. Mukherjee, A and Harif, M: Financial Accounting, Tata McGraw Hill, Delhi.

BC/6/CC/23: Corporate Accounting

Unit I

Shares and Debentures

1. Issue, Forfeiture and Reissue of Equity Shares including pro – rata allotment; Issue of debentures (theory & numericals).

Unit II

Valuation of Goodwill and Shares

2. Valuation of Goodwill: Meaning; Factors affecting value of Goodwill; Need for valuation of Goodwill; Methods: Average Profit Method, Super Profits Method, Capitalization Method. (theory & numericals).

UNIT III

Final Accounts of Companies

4. Final accounts (excluding computation of managerial remunerationcorporate dividend tax) and Divisible profit (theory & numericals).

UNIT IV

Amalgamation and Internal Reconstruction

5. Accounting for amalgamation as per AS-14; Types of Amalgamation; Methods of accounting for Amalgamation (excluding inter-company debts, stock and holdings) and Internal Reconstruction (Reconstruction Scheme) (theory & numericals).

UNIT V

Holding Companies

6. Meaning and concept of Holding Company, Subsidiary Company and Consolidated Balance sheet of Holding Company (with one subsidiary only) (theory & numerical).

Suggested Readings:

1. Arulanandam: Advanced Accountancy, Himalaya, New Delhi.
2. Chandra Bose: Advanced Accountancy, (Vol-II), PHI, New Delhi.
3. Haneef & Mukherjee: Modern Accountancy, (Vol-III), Tata Mc Graw, New Delhi.
4. RL Gupta & Radhaswamy: Advanced Accountancy, Sultan Chand & Sons, New Delhi.
5. RL Gupta & VK Gupta: Principles and Practice of Accounting, Sultan Chand & Sons, New Delhi.
6. Shukla & Grewal: Advanced Accountancy, S. Chand & Co, New Delhi.
7. SN Maheshwari & VL Maheshwari: Advanced Accountancy (vol-II).
8. SP Jain & KL Narang: Accountancy III, Kalyani Pub, New Delhi.
9. Tulsian: Accountancy-III, Tata Mc Graw, New Delhi.
10. VK Goyal: Financial Accounting, Excel, New Delhi.

BC/6/CC/24 F: Capital Market Operations

Unit I

Capital Market Regulatory Framework in India

1. Institutional structure: Objective and role of SEBI; Securities Contract Act 1956: Objective and scope.
2. Functionaries of stock exchanges: Merchant Bankers, Brokers, Institutional Investors and Market Makers.

Unit II

Primary Market

3. Listing of Securities: Legal requirements, Public Issue, Pricing and Marketing.

Unit III

Secondary Market

4. Functions of Stock Exchanges: National Stock Exchange (NSE), Over the Counter Exchange of India (OTCEI), Bombay Stock Exchange (BSE).

Unit IV

Mutual Funds and Derivatives

5. Mutual Funds: Meaning and importance, methods of trading in mutual funds.
6. Derivatives: Meaning and importance; Futures and Options: Meaning, objectives and importance, types of futures and options in India; Commodity trading.

Unit V

Indices and Depository

7. Depository: Objectives, role and functions; CSDL and NSDL.
8. Stock Market Indices: Meaning and objective; Method of computation of SENSEX and NIFTY.

Suggested Readings:

1. Bhole, L M: Financial Institutions and Markets, Tata Mcgraw Hill, New Delhi.
2. Desai, Vasantha : The Indian Financial System, Himalaya, Mumbai.
3. Economic Survey; Govemment of India, Ministry of Finance, Latest Issues.
4. Hooda RP: Indian Securities Market -investors view point, Excel, NewDelhi.
5. Khan M.Y: Financial Services; Tata Mcgraw Hill, New Delhi.
6. Khan, M Y: Indian Financial System, Tata Mcgraw Hill, New Delhi.
7. Machiraju H.R: Indian Financial System, Vikas, New Delhi.
8. Machiraju, H. R.: The Working of Stock Exchanges in India, Vikas, New Delhi.
9. R.B.I.: Report of the Committee on the Financial System, Narasimham Committee.
10. Sengupta A.K and Agarwal M.K: Money Market Operations in India

BC/6/CC/24 M: Agricultural and Rural Marketing

Unit I

Agricultural Marketing

1. Agricultural marketing – meaning and importance; Marketing of agricultural goods v/s manufactured goods; Role of agricultural marketing in economic development.
2. Challenges in agricultural marketing, Role of Govt. and non govt. sector; Crop insurance.

Unit II

Rural Marketing

3. Meaning of the terms rural market and rural marketing; Tapping the rural market – need and how to identify the potential of rural market.
4. Factors leading to growth of rural markets; Distinction between rural and urban markets.

Unit III

Rural Marketing – Problems and Opportunities

5. Problems of rural marketing; Measures to overcome problems, Strategies to optimize rural marketing opportunities
6. Institutional mechanism for promoting rural markets: Role of Govt., Cooperative societies and Private sector, Self Help Groups.

Unit IV

Marketing Environment and segmentation for Rural Markets

7. Rural Marketing Environment – Meaning and components, emerging trends in rural marketing environment
8. Market segmentation – Meaning and bases – geographic, demographic, socio cultural, economic and behavioral.

Unit V

Distribution for Rural Markets

9. Physical distribution management in Rural Markets – Constraints (transportation and storage); Marketing channels for rural markets;
10. E-distribution, Role of wholesalers and retailers, Emerging channels of distribution.

Suggested Readings:

1. Annual Reports and Survey Reports: Ministry of Agriculture, Govt. of India.
2. C.B. Mamoria: Agriculture Marketing, Himalaya Publishing House, Delhi.
3. H. Nayyar & P. Ramaswamy: Globalisation & Agricultural Marketing, Rawat Publications, Jaipur.
4. Rajagopal: Managing Rural Business; Wheeler Publishers, New Delhi.
5. Rajagopal: Organising Rural Business, Sage Publishers, New Delhi.
6. Ramakrishnan Krisnamacharyulu: Rural Marketing: Texts and Cases; Pearson, New Delhi
7. T.P. Gopalaswamy: Rural Marketing, Wheeler Publishers, New Delhi.

BC/6/CC/24 E: Essentials of E-Commerce

Unit I

Introduction to E- Commerce :
Meaning and concept: E- commerce v/s Traditional Commerce; E- Business & E- Commerce; History of E- Commerce; EDI; Importance, features & benefits of E- Commerce; Impacts, Challenges & Limitations of E Commerce; Supply chain management.

Unit II

Business models of E – Commerce:
Business to Business; Business to customers; customers to customers; Business to Government; Business to employee; E – Commerce strategy; Influencing factors of successful E- Commerce.

Unit III

Marketing strategies & E – Commerce:
Website:- components of website – Concept & Designing website for E- Commerce; Corporate Website; Introduction to HTML; Portal; Search Engine; Internet Advertising; Emergence of the internet as a competitive advertising media; Models of internet advertising; Weakness in Internet
advertising; Mobile Commerce.

Unit IV

Electronic Payment system:
Introduction:- Online payment systems: Methods, Advantage & Disadvantage: e- cash, echeque, Smart Card, Credit Card, Debit Card, Electronic purse: Security issues on electronic payment system: Solutions to security issues: Biometrics – Types of biometrics.

Unit V

Legal and ethical issues in E- Commerce:
Security issues in E- Commerce-Privacy Issues, Copyrighting, Patents, Trademarks, Censorship, Spamming, Authentication, Regulatory frame work of E- commerce. Cyber Law (Indian IT Act 2000).

Reference Books:

1. Turban, Efraim, David King et. al.: Electronic Commerce: A Managerial Perspective, Pearson Education Asia, Delhi.
2. Kalakota, Ravi: Frontiers of Electronic Commerce, Addison – Wesley, Delhi.
3. Rayport, Jeffrey F and Jaworksi, Bernard J: Introduction to E-Commerce, Tata McGraw Hill, New Delhi.
4. Rich, Jason R: Starting an E-Commerce Business, IDG Books, Delhi.
5. Laudon, Kenneth C and Carol Guercio Traver : E-Commerce business. Technology. Society, Pearson Education, Delhi.
6. Willam Stallings: Business Data Communications, Pearson Education, New Delhi.

(BC/6/CC/26/EP): E commerce Practical list

1. Practicing uses of Credit card/ debit card in Online Shopping.
2. Using MS Office Publisher 2007,
   a. Create website with a homepage hyperlinked to at least five (5) pages.
   b. Create an E-catalogue
   c. Create an E-Boucher
   d. Create an Advertisement leaflet

Suggested Readings:

1. Agarwala Kamlesh. N and Agarwal Deeksha: Business on the net-introduction to the ECommerce; Macmillan India, New Delhi.
2. Bhatia V., E-commerce, Khanna Book Pub. Co.(P) Ltd., Delhi.
3. C.S.Rayudu: E-Commerce and E-Business Himalaya Publishing House , New Delhi.
4. Kalakota & Whiston: Frontier of Electronic Commerce, Pearson Education.
5. C.S.V. Murthy: E-commerce (Concepts, Models, Strategies), Himalaya Publishing House, New Delhi.
6. NIIT: BASICS OF WEB SITE DESIGN, Prentice Hall India, New Delhi.
7. Turban E,. Lee J., King D. and Chung H.M: Electronic commerce-a Managerial Perspective, Prentice-Hall International, Inc.