Guidelines for NEP Syllabus (For Admission of 2022 & onwards)

For the Paper Titled

"Management Accounting " of B. Com.
Paper No. 5.3, Semester-V
JOINTLY ORGANISED BY
Department of Commerce, Delhi School of Economics, University of Delhi
And
College of Vocational Studies, University of Delhi
Date: 07th August, 2024
MINUTES
An online meeting to prepare the guidelines of paper titled "Management Accounting " of
B.Com. Paper No. 5.3, Sem. V (NEP Syllabus] was held on 07th August, 2024 at 7:00 PM. It was
jointly organised by Department of Commerce, Delhi School of Economics, University of Delhi
and College of Vocational Studies, University of Delhi. The meeting was convened by Prof.(Dr.)
Surender Singh, Department of Commerce, College of Vocational Studies and represented by
Prof.(Dr.) Shital Jhunjhunwala from the Department of Commerce, Delhi School of Economics,
University of Delhi. The following members were present in the online meeting:

No. Name of the faculty Department/ Affiliated College Name

PROF. (DR.) SURENDER SINGH
1 COLLEGE OF VOCATIONAL STUDIES
(CONVENOR)
2 PROF.(DR) SHITAL JHUNJHUNWALA DEPARTMENT OF COMMERCE, DELHI SCHOOL OF
(REPRESENTATIVE) ECONOMICS
3 PROF. SURINDER KAUR ACHARYA NARENDRA DEV COLLEGE

4 PROF. HEMA GUPTA ADITI MAHAVIDYALAYA

5 DR. PARMINDER KAUR ATMA RAM SANATAN DHARMA COLLEGE

6 MS. ANJALI GUPTA ATMA RAM SANATAN DHARMA COLLEGE

7 MS PUSHPA YADAV BHAGINI NIVEDITA COLLEGE

8 MS. SWATI KHANNA BHARATI COLLEGE

9 MS. LAXMI DEVI BHARATI COLLEGE

10 DR POONAM BHARATI COLLEGE

11 MS SUNITA BHARATI COLLEGE

12 MS. SWATI KHANNA BHARATI COLLEGE

13 MR. RADHESHYAM DELHI COLLEGE OF ARTS AND COMMERCE

14 DR. AKANKSHA KHURANA DELHI COLLEGE OF ARTS AND COMMERCE

15 MR. BRIJESHYADAV DELHI COLLEGE OF ARTS AND COMMERCE

16 PROF. MAMTA YADAV DR BHIM RAO AMBEDKAR COLLEGE

17 MS. DEEPIKA DYAL SINGH COLLEGE

18 DR. AMARJEET KAUR DYAL SINGH COLLEGE

19 DR MADHULIKA DYAL SINGH EVENING COLLEGE

20 PROF. SANJAY KUMAR SINGH DYAL SINGH EVENING COLLEGE

21 MS. ITI VERMA GARGI COLLEGE

22 DR ANJALI SIWAL GARGI COLLEGE

23 MS. RUPAL ARORA GARGI COLLEGE

24 MS SHILPA MAGGO JANKI DEVI MEMORIAL COLLEGE

25 MS. MAMTA JANKI DEVI MEMORIAL COLLEGE

26 DR. VIBHA JAIN JANKI DEVI MEMORIAL COLLEGE

27 DR. ALKA CHATURVEDI KALINDI COLLEGE

28 MS PARUL TOMAR KAMALA NEHRU COLLEGE

29 MS. TRISHALA CHAUHAN KAMALA NEHRU COLLEGE

30 DR. JYOTI DHAWAN KAMALA NEHRU COLLEGE

31 MS.NIDHI AGGARWAL KESHAV MAHAVIDYALAYA

32 MS. MANISHA KIRORI MAL COLLEGE

33 DR. KAVITA KAMBOJ KIRORI MAL COLLEGE

34 DR. NIDHI SHARMA KIRORI MAL COLLEGE

35 MS.SHEETAL AGGARWAL LAKSHMIBAI COLLEGE

36 DR.NIDHI LAKSHMIBAI COLLEGE

37 DR.VIDISHA GARG MAITREYI COLLEGE

38 MS. TAJINDER KAUR MATA SUNDRI COLLEGE

39 MS. JASMEET KAUR MATA SUNDRI COLLEGE

40 DR. RAMEET KAUR MATA SUNDRI COLLEGE

41 MS. RENU GARG MOTILAL NEHRU COLLEGE (EVENING)

42 MS. BHAWNA RAJPUT MOTILAL NEHRU COLLEGE (EVENING)

43 MS. INDERPREETT KAUR MOTILAL NEHRU COLLEGE (MORNING)

44 DR. SEEMA SRIVASTVA MOTILAL NEHRU COLLEGE (MORNING)

45 DR. RENU JONWAL PGDAV COLLEGE

46 DR RITU TANWAR PGDAV COLLEGE

47 DR. ANINDITA GOLDAR PGDAV COLLEGE

48 DR. KAVITA SINGLA PGDAV COLLEGE

49 MR. RAKESH KUMAR PGDAV COLLEGE

50 DR. KARISHMA SARASWAT PGDAV COLLEGE (EVENING)

51 MS. RIMMI JAIN PGDAV COLLEGE (EVENING)

52 MS. PRIYANKA JINGER RAMANUJAN COLLEGE

53 MR. KRISHAN KUMAR RAM LAL ANAND COLLEGE

54 DR. RAJEEV VASHISHT RAM LAL ANAND COLLEGE

55 DR. SHIKHA MAKKAR RAM LAL ANAND COLLEGE

56 MS. AIMAN SATYAWATI COLLEGE

57 PROF. R S BHARDWAJ SATYAWATI COLLEGE

58 MS. NEETU SATYAWATI COLLEGE

59 MS. RUCHI KALIA SATYAWATI COLLEGE

60 DR.RAM NIVAS SAINI SATYAWATI COLLEGE EVENING

61 MS. ASHA WADHWA SRI GURU GOBIND SINGH COLLEGE OF COMMERCE

62 PROF KAWAL GILL SRI GURU GOBIND SINGH COLLEGE OF COMMERCE

63 MS.JASVINDER KAUR SRI GURU GOBIND SINGH COLLEGE OF COMMERCE

64 PROF KAWAL GILL SRI GURU GOBIND SINGH COLLEGE OF COMMERCE

65 CA. HARJINDER SINGH SGND KHALSA COLLEGE

66 DR. ANJU DAGAR SGND KHALSA COLLEGE

67 MS. PRIYA DAHIYA SGND KHALSA COLLEGE

68 MS. MANSI BANSAL SGTB KHALSA COLLEGE

69 MS. PARUL SAINI SHAHEED BHAGAT SINGH COLLEGE

70 DR RAVI KANT SHAHEED BHAGAT SINGH COLLEGE

71 DR AMOL DEEPAK NERKAR SHAHEED BHAGAT SINGH COLLEGE

72 DR. AMIT DEVAL SHAHEED BHAGAT SINGH EVENING COLLEGE

73 MR. RAJENDRA KUMAR MEENA SHAHEED BHAGAT SINGH EVENING COLLEGE

74 MR. SHEMPHAG W LYNDOH SHAHEED BHAGAT SINGH EVENING COLLEGE

75 DR. RAJINDER SINGH SHIVAJI COLLEGE

76 DR. SUNEEL KUMAR SHIVAJI COLLEGE

77 MS. YOGITA RANI NEGI SHIVAJI COLLEGE

 78 PROF ADITYA P TRIPATHI SHYAM LAL COLLEGE EVENING

79 DR. MANJULA GROVER SPM COLLEGE FOR WOMEN

80 MS. ANUSHA GOEL SPM COLLEGE FOR WOMEN

81 DR. YOGESH GARG SRI AUROBINDO COLLEGE

82 DR. SEEMA NASHIER SRI AUROBINDO COLLEGE

83 MS. PRIYANKA BEDI SRI AUROBINDO COLLEGE

84 MS. KIRTI YADAV SRI AUROBINDO COLLEGE

85 MR. DINESH MEENA SRI AUROBINDO COLLEGE

86 DR PARUL GOEL SRI AUROBINDO COLLEGE

87 MS. ANKITA GOEL SRI AUROBINDO COLLEGE

88 MS. MINNY NARANG SRI AUROBINDO COLLEGE

89 DR DEEPIKA VERMA SRI AUROBINDO COLLEGE EVENING

90 MS. PREETI VERMA SRI AUROBINDO COLLEGE EVENING

91 DR VIBHA BHATRA SRI AUROBINDO COLLEGE EVENING

92 DR. P CHENGALRAYULU SRI VENKATESWARA COLLEGE

93 DR POOJA JAIN SRI VENKATESWARA COLLEGE

94 MS. MEENU SRI VENKATESWARA COLLEGE

95 DR. SAMIR GARG SWAMI SHRADDHANAND COLLEGE

96 DR MOHAR SINGH SWAMI SHRADDHANAND COLLEGE

97 DR. ANOOP KUMAR SWAMI SHRADDHANAND COLLEGE

98 MS. DEEPA GARG SWAMI SHRADDHANAND COLLEGE

99 DR D R JALWANI SWAMI SHRADDHANAND COLLEGE

100 MR. AAMIR KHAN ZAKIR HUSAIN DELHI COLLEGE (EVENING)

101 MR. BHARAT KHURANA ZAKIR HUSAIN DELHI COLLEGE (EVENING)

The meeting started with a welcome note by Prof. Surender Singh. He welcomed Prof. Shital
Jhunjhunwala and all the participants from different colleges of the University in the meeting.
Prof. Surender Singh formally took the agenda of the meeting. The following guidelines were set
in the online meeting with the consent of all the faculty members and the representative of
Department of Commerce, Delhi School of Economics, University of Delhi.
Teaching Related General Guidelines:
Total Number of theory lectures and practical assigned as per NEP Syllabus for the paper are 3 lectures
and 1 practical per week (over 15-week period in V semester). One practical period will consist of 2 hours
per batch per week.Unit-wise breakup of 45 Lectures as given in syllabus and marks allocation were
decided as follows
Unit Lectures Marks
(Hours) Allocation
Unit 1: Introduction to Management Accounting 4 09
Meaning, objectives, nature and scope of management accounting,
Difference between different forms of accounting- Cost,
Text Financial and
Management accounting, Cost control and Cost reduction.
Unit 2: Budgetary Control and Standard Costing Systems 18 36
(a) Budgeting and Budgetary Control: Concept of budget, budgeting
and budgetary control; objectives, merits and limitations; Functional
Budgets; Fixed and Flexible budgeting; An overview of different
approaches to budgeting (Zero base budgeting, Performance budgeting
and Programme budgeting)
(b) Standard Costing and Variance Analysis: Meaning of standard
cost and standard costing; advantages, limitations and
applications; Variance Analysis – material, labour, overheads and
sales variances. Control ratios.
Unit 3: Marginal Costing 09 18
Concept of marginal cost and marginal costing; Absorption versus Variable
Costing: Distinctive features and income determination; Cost-volume-profit
analysis; Break-even Analysis-Statements, mathematical and graphical
approaches; Profit-volume ratio, angle of incidence, margin of safety, key
factor, determination of cost indifference point.
Unit 4: Decision Making 09 18
Steps in Decision making process. Concept of relevant costs. solving
various short -term decision making problems using marginal costing and
differential costing techniques – Profitable product mix, Acceptance or
rejection of special/ export offers, Make or buy, Addition or elimination of a
product line, Sell or process further, Operate or shut down and Pricing
decisions
Unit 5: Performance Measurement 05 09
Responsibility Accounting: Concept, Significance, Different Responsibility
Centres; Divisional Performance Measurement: Financial and Non-
Financial measures;
Total 45 90

Unit wise detailed guidelines were finalized as follow:

Unit 1: Introduction to Management Accounting: The unit contains all theoretical topics. Theoretical
questions should be asked as per the weightage given in the above table covering questions on meaning,
objectives, nature and scope of management accounting, difference between different forms of accounting-
Cost, Financial and Management accounting, Cost control and Cost reduction

Unit 2: Budgetary Control and Standard Costing Systems

 (a) Budgeting and Budgetary Control: Theoretical questions from the entire sub-unit along with practical
questions on preparation of functional budgets; Cash Budget (Receipt & Payments Method); fixed and
flexible budgeting. No practical question on master budget.
(b) Standard Costing and Variance Analysis: Theoretical questions from the entire sub-unit along
with practical questions on Variance Analysis – material, labour, overheads (Total Overhead Cost
Variance, Variable Overhead Cost Variance and its analysis into Expenditure and Efficiency
Variance, Fixed Overhead Cost Variance and its analysis into Expenditure and Volume Variance
only) and sales (only single product) variances and Control ratios.
Unit 3: Marginal Costing: Theoretical questions from the entire unit along with practical questions on
income determination under Absorption versus Variable Costing; Cost-volume-profit analysis; Break-even
Analysis-Statements, mathematical and graphical approaches; Profit-volume ratio, angle of incidence, margin
of safety, key factor, determination of cost indifference point etc.
Unit 4: Decision Making: Theoretical questions from the entire unit along with simple practical questions
on solving various short -term decision making problems using marginal costing and differential costing
techniques – Profitable product mix, Acceptance or rejection of special/ export offers, Make or buy, Addition or
elimination of a product line, Sell or process further, Operate or shut down and Pricing decisions
Unit 5: Performance Measurement: Theoretical questions from the entire unit.

Examination: Examination scheme will be as decided by the University from time to time.

Theory Examination & IA: At present, theory examination will consist of 90 marks for semester end
examination plus 30 marks for Internal Assessment. Total 120 marks.

Practical Examination: The practical examination as per present guidelines will consists of 10 marks for
Continuous Assessment (Preparation of work book), 20 marks for Practical Examination and 10 marks for
Viva-Voce. Total 40 marks

Topics for Practical Examination*: In practical examinations students will be asked to solve practical
problems in excel on Functional Budgets, Cash Budget, Fixed and Flexible Budgets, CVP Analysis,
Break Even Analysis, Differential Costing, Product Pricing Decisions, special and export order Decisions.
(Students will be required to do 4 out of 6 practical questions) [2 questions each from Unit 2 (only
Budgeting part), 3 & 4)] *This may be further fine-tuned at a later date if required.

All the faculty members participated actively in the deliberation and appreciated the initiative of Senior
Prof. Ajay Kumar Singh, HOD and Prof. Amit Kumar Sigh, Coordinator, College-Department Interface,
Department of Commerce, University of Delhi for arranging this meeting and helping in finalization of
guidelines of the paper

The meeting ended with a vote of thanks to the Prof. Shital Jhunjhunwala, representative of the
Department of Commerce and to Prof. Surender Singh, Convenor of the meeting

Dr.. Surender Singh Prof.(Dr.) Shital Jhunjhunwala

(Convenor) (Representative)
Professor, Department of Commerce Department of Commerce
College of Vocational Studies Delhi School of Economics