BALLIA

DEPARTMENT OF COMMERCE
BACHELOR OF COMMERCE (B.COM.)

Three-Year Full Time Programme

Ordinances

1. The Bachelor degree in Commerce of Jananayak

Chandrashekhar University, Ballia shall be conferred on 10+2
students who have completed prescribed course of study for
not less than three years spread over three academic years
and have passed the examination as prescribed under the
relevant ordinances.
2. The method of teaching adopted shall be combination of
lectures and seminars by the faculty and guest speakers, case
discussions, students presentation, use of audio-visual
devices, computers etc.
3. The minimum qualification for admission shall be a 10+2 from
any School/College in India or abroad recognized or
equivalent thereto. For admission in B.Com three year course
the candidate must have any of the following subject at +2
level. Commerce or Economics or Mathematics.

However the candidate having Biology subject at +2

level is not eligible for admission in B.Com. course.

4. The admission shall be made through written test or on Merit

basis as decided by the University/College from time to time.
5. The schedule of fee to be paid in each year by the students
shall be as per University Rules formulated from time to time.
In addition to the above, annual examinations fee will be
payable separately as per university rules.
6. No student will be permitted to pursue any other course of
study or take up an employment during the tenure of this
programme.
7. No candidates shall be allowed to appear in the annual
examination unless he/she has attended at least 75% of the
lectures in each paper .
8. The evaluation of the students shall be done on the basis of
the written annual examination having 100 marks in each
paper.
A. Duration of annual written examination carrying 100
marks in each paper shall be of three hours.
B. A candidate will be declared to have passed the
annualexamination if she/he secures passing marks as
prescribed by the university.
C. The final result of the candidates shall be declared on the
basisof combined results of all the annual examination of
B.Com. I, B.Com. II and B.Com. III.
A candidate securing 60% or more marks or above will
be awarded first division and candidates securing 45% or
more but less than 60% marks in the aggregate will be placed
in II division and candidate securing 33% or more but less
than 45% marks in the aggregate will be placed in IIIrd
division.
9. Students shall be eligible for the facility of improvement/
back paper in two papers in each year as per university rules.
10. A candidate who fails in an annual examination or fails to
clear back paper, shall be permitted to appear in the annual
examination as a casual student only on the completion of his
prescribed course of study Such students shall be treated as
paripassue with regular students of the concerned year.
 SYLLABUS
BACHELOR OF COMMERCE
(THREE YEARS FULL TIME PROGRAMME)
B.Com. Part – 1
Paper Paper Name External (Yearly Practical Total
Code Examination)
BC 101 Business Organization 100 -- 100
& Management
BC 102 Financial Accounting 100 -- 100
BC 103 Business Regulatory 100 -- 100
Framework
BC 104 Business Economics 100 -- 100
BC 105 Business Statistics 100 -- 100
BC106 Introduction to
(A) Computer Applications 80 20 100

OR
OR
Business Mathematics /
BC106 Office Management 100 100
(B)
Grand Total 600

Note: 1- Being a practical paper if any student opt paper code: BC 106 (A)
“Introduction to Computer Applications” in B.Com. Part –I then He/She has to
compulsorily opt BC 206 (A) “Business Graphics & Multimedia Management” & BC
306 (A) “Information Technology” in B.Com. Part- II & B.Com. Part-III respectively.
Note: II -Apart from Note-I students who have opted any paper of BC 106 (B) are free
to opt BC 206 (B) “Business Communication” or BC 206 (C) “Principles of Insurance”
in B.Com. Part –II and similarly they may opt BC 306 (B) “Goods & Services Tax
(GST)” or BC 306 (C) “Principles and Practices of Actuaries” in B.Com. Part- III.
Code: BC 101
BUSINESS ORGANIZATION AND MANAGEMENT

Objective: This course familiarizes the students with the basics and principles of management .

Unit-1

Introduction: Concept, Nature, Process and Significance of Management; Managerial roles

(Mintzberg); An overview of functional areas of Management; Development of management
thought; Classical and Neo-classical System; Contingency approach. Planning: Concept, Process
and types; Decision-Making: Concept and Process: Management by Objectives,

Unit-II

Organising: Concept, Nature, Process and Significance: Authority and Responsibility

relationships: Centralisation and Decentralization; Departmentation; Organisational Structure-
Forms and Contingency factors. Corporate Planning; Environment Analysis and Diagnosis;
Strategy Formulation.
Unit-III

Direction: Concept and Techniques, Managerial Control- Concept and Process, Effective Control
System. Techniques of Control; Motivation and Leading people at work: Motivation-Concept,
Theories-Maslow, Herzberg, McGregor and Quchi, Financial and Non Financial Incentives,
Leadership- Concept and Leadership styles, Likert’s Four system of Leadership

Unit-IV

Coordination as an essence of Management, Communication- Natutre, Process, Networks and

Barriers. Effective Communication. Management of change: Concept, Nature and Process of
Planned Change, Resistance to change, Emerging Horizons of Management in a changing
environment.

REFERENCES:

1. Aswathappa & Yadumurth :Business Organisation and Management

2. Arunachalam, P. :Business Organisation and Management
3. Agrawal,R.C. :Prabandha ke Siddhant
4. Gupta, N.S. :Organisation Theory and Behaviour
5. Jha, Bishwambhar :Fundamentals of Industrial Organisation and
Management
6. Jolshi, G.L. :Vyavasayik Sanghathan Avam Prabandha
7. Prasad, Jagdish :Vyavasayik Sanghathan Avam Prabandha
8. Shukla, Sudhir : Vyavasayik Sanghathan Avam Prabandha
9. Shukla, Sudhir : Management Concept & Principles
Code:BC-102
FINANCIAL ACCOUNTING

Objective-: This course exposes the students to the basic concepts of accounting knowledge
to develop financial accounting as applicable to various business institutions.

Unit-I

Nature and scope of Accounting : Accounting concepts and conventions, Indian and
International Accounting standards.
Accounting Mechanics: Double Entry System, Preparation of Journal Ledger and Trial
Balance, Concept of Income and its Measurement. Preparation of Final Statement.

Unit-II

Royalty Accounts, Hire Purchase and Instalment Payment System, Insolvency Accounts

Unit-III

Departmental Accounts, Branch Accounts, Double Account System.

Unit-IV

Accounts of Insurance Companies, Computation of Fire Insurance claims Accounts of

Banking companies Voyage accounts, Empties Accounts

REFERENCES:

1. Jaisawal, K.S. :Financial Accounting

(Both in Hindi & English Version)
(Vaibhav laxmi Prakashan). 2010, Varanasi
Code : BC 103
BUSINESS REGULATORY FRAMEWORK

Objective: The objective of this course is to provide a brief idea about the framework of Indian
business laws.
Unit-I

Law of Contract (1872); Nature of Contract, Classifications of contract, Offer and Acceptance,
Capacity of parties to Contract, Fee Consent: Consideration, Legality of object, Agreement
declared Void Performance of Contract, Discharge of Contract, Remedies for Breach of Contract,
Discharge of Contract.

Unit-II

Special Contracts, Indemnity, Guarantee, Bailment and Pledge Sale of Goods Act 1930:
Formation of contract of sale, Goods and their classifications, Price; Conditions and Warranties;
Transfer of Property in goods; Performance of the Contract of Sales; Unpaid Seller and his rights.

Unit-III

Definition of Negotiable Instructions; Features; Promissory Notes; Bill of Exchange and Cheque
Holder in due course. Crossing of a cheque and Negotiable Instrument Act, 1881 its types,
Negotiation and Assignment. Dishonor and Discharge of Negotiable Instrument.

Unit-IV

The Consumer Protection Act, 1986: Salient features, Definition of Consumer, Grievance
redressal machinery, Foreign Exchanger Management Act, 2000.

REFERENCES:
1. Basu, D.D. :Introduction to the Constitution of India
2 Chawla & Garg :Marchantile Law
3. Chakraborty, A.H. :Industrial Licensing & Industries
4. Chandha, P.R. :Business Law
5. Kapoor, N.D. :Business Law
6. Krishnamurthy, S. :Economic Legislation
7. Kuchhal, M.C. :Business Law
8. Singh, Avtar :Mercantile Law
9. Singh, Avtar :Company Law
10. Taxman :Mercantile Law
11. Shama R.C.&Vishnoi R.K. :Business Regnlatory Framework (Hindi&English) Version
Code: BC 104

BUSINESS ECONOMICS

Objective: This Course is meant to acquaint the students with the principles of Business
Economics as are applicable in business.

Units-I

Introduction: Nature and scope of Business Economics, Utility; Meaning, Kinds, & Measurement
of utility, Law of Demand, Law of marginal diminishing utility, Elasticity of Demand; Concept
and measurement of elasticity of demand, Price, Income and Cross Elasticity, Determinants of
Elasticity of Demand, Importance of elasticity of demand.

Units-II

Theory of Cost: Short run & Long run Cost Curve-Traditional and Modern approaches.
Production function: Law of Variable proportion; Isoquants; Economic Regions and Optimum
factor Combination; Expansion Path; Ridge lines, Returns to scale; Internal and external
economics and diseconomies.

Units-III

Price-Output decisions under different market conditions - Perfect and Imperfect Competition,
Monopoly, Monopolistic competition, Oligopoly, Duopoly, Non-price competition, Price
discrimination and produce differentiation.

Units-IV

Theory of Distribution: Marginal Productivity Theory and Modern Theory, Wage-Meaning,

Determination of wage Rate under perfect competition and Monopoly, Rent concept : Recardian
and Modern Theories of Rent; Quasi-rent. Interests - Concept and Theories of Interest, Profit –
Concept and Theories of profit .

REFERENCES:

1. Ahuja, M.L. :Business Economics

2. Bansal, S.N. :Uccha Aaarthik Siddhant
3. John, P., Gould jr.&Edward p. Lajear :Micro-Economic Theory
4. Jhingan, M.L. :Samashti Arthashastra
5. Jhingan,M.L. :Vyashsti arthashastra
6. Jdain, K.P. :Principles of Economics
7. Kkoutsoyuianni, A. :Modern Micro Economics
8. Mishra, J.P. : Vyashti Arthashastra
9. Kanaodia, Suresh.K., : Vyavsayik Arthashastra
Shukla, Sudhir. K.
And Singh, R.K. (Vaibhav Laxmi Prakashn) 2010,Varanasi
10. Singh. H. K. : Managerial Economic
11.Vishnoi R. K. :Business Economics
Code: BC 105

Business Statistics

Objective: It enables the students to gain undergoing of Statistical techniques as are applicable to
business.
Unit-I

Introduction to Statistics: Meaning, Scope, Importance and Limitation, Managerial Application,

Statistical Investigation- Planning and organization, Statistical units, Methods of Investigation,
Census and Sampling. Collection of Data- Primary and Secondary Data, Editing of Data-
Classification of data, Frequency Distribution and Statistical Series, Tabulation of Data-
Diagrammatical and Graphical Presentation of Data. Analysis of Data, Interpretation of Data.

Unit-II

Measures of Central Tendency – Mean, Median, Mode, Geometric and Harmonic Mean;
Dispersion – Range, Quartile, Percentile, Quartile Deviation, Mean Deviation, Standard Deviation
and its Co- efficient, Co-efficient of Variation and Variance, Test of Skewness and Dispersion, Its
Importance, Co-efficient of Skewness

Unit III

Correlation- Meaning, application, types and degree of correlation, Methods- Scatter Diagram,
Karl Pearson’s Coefficient of Correlation, Spearman’s Rank Coefficient of Correlation.
Regression Analysis– Meaning, Importance, Simple Regression Equation. Standard error of
estimates. Index Number: - Meaning, Types and Uses, Methods of constructing Price Index
Number, Fixed – Base Method, Chain-Base Method, Base conversion, Base shifting deflating and
splicing. Consumer Price Index Number, Fisher’s Ideal Index Number, Reversibility Test- Time
and Factor.

Unit IV

Interpolation and Extrapolation: Meaning, Importance Methods- Binomial, Newton’s Lagrange’s

Analysis of Time Series:-Meaning, Importance and Components of a Time Series. Decomposition
of Time Series:- Moving Average Method and Method of Least square. Business Forecasting.

References:
1. Chikodi & Satya Prasad :Business Statistics
2. Gupta & Gupta :Business Statistics
3. Gupta, B.N. :Sankhyiki
4. Hooda, R.P. :Statistics for Business Economics
5. Lal, Muking :Sankhyki Ke Prarambhik Siddhant
6. Paul, Joseph & Raphael :Business Statistics
7. Puri, V.K. :Elements of Business Statistics
8. Rastogi, K.K. :Sankyiki
9. Sinha, B.C. :Sankhyiki Ke Tattva
10. Jaisawal K.S. : Business Statistics (Both in Hindi & English)
(Vaibhav Laxmi Prakashn) 2010,Varanasi
Code: BC 106-A

INTRODUCTION TO COMPUTER APPLICATIONS

Objective: To develop in students an appreciation of detailed working of computers, different

software and Hardware systems available in the industry and it’s ability to the business.

Units-I

Computer: An Introduction- Computer in Business, Elements of Computer System Set-up ; Indian

computing Environment, components of a computer system, Generations of computer and
computer languages; Software PC- Software packages-An introduction, Disk Operating system
and windows: Number systems and codes. Computer Arithmatics.

Units-II

Introduction to a Spreadsheet software, Creation of spreadsheet Applications; Range, Formulas,

Function, Data Base Functions in spreadsheet: Graphics on spreadsheet. Presentation Graphics-
Creating as presentation on a PC . .

Units-III

Relevance of Data Base Management Systems and Interpretations of Applications; DBMS system
Network, Hierarchical and relational database, application of DBMS systems. Data Base
Language, Dbase package, Basics of data processing; Data Hierarchy and Data file structure, Data
files organizations; Master and Transaction file. Programme development cycle.

Units-IV

Word processing : Meaning and role of word processing in creating of document, Editing,
formatting and printing document using tools such as spelling checks, Thousers etc. in Word
processors, (MS word) Data Communication Networking-LAN& WANS. Management of data,
processing systems in Business organizations.

REFERENCES:

1. David, Van over : Foundations of Business Systems

2. Laudon & Laudon : Management Information System
3. Mansfield, Ron : Working in Microsoft Office
4. Taxali : PC Software made easy
5 Singh. Amit Kumar : Introduction to Computer Applications
Code : BC 106-B
BUSINESS MATHEMATICS

Objective: The objective of this course is enable the student to have the required knowledge of
Mathematics as is applicable to business and economic situations.

Unit-I

Materials and Determinants: Definition of matrix; Types of materials, Algebra of materials;

Properties of Determinants; Calculation of values of Determinants upto third order; Adjoint of
materials, Elementary row or column operations; Finding inverse of a matrix through adjoint and
elementary row or column operation; Solution of system of linear equations having unique
solution and involving not more than three variables.

Unit-II

Compound Interest and Annuities; Different types of intrest rates; Concept of Present Value and
amount of a sum; Types of Annuities, Present value and amount of an annuity including the case
of continuous Compounding; Valuation of simple loans and debentures; problems relating to
sinking funds.

Unit-III

Calculus (Problems and Theorems Involving trignometrical ratios are not to be done).
Differentiation: Partial derivatives upto second order; Homogeneity of Functions and Euler’s
theorem; Total differentials; Differentiation of implicit function with the help of total differentials.
Maximum and Minimum: Cases of one variable involving second or higher order derivatives;
Cases of two variables involving not more than one constraint. Integration: Integration as anti-
derivative process; Standard form; Methods of Integration; Finding areas of Simple cases;
consumers and Proceducers surplus; Nature; Commodities Learning Curve; Leontiff Input-output
Model.
Unit-IV

Linear Programming: Formulation of L.P.P.: Graphical method of solution; Problems relating to

two variables including the case of mixed constraints; Cases having no solution, multiple
solutions; Unbounded solution and redundant constraints.

Simplex Method: Solution of Problems upto three variables, including cases of mixed constraints;
Duality; Transportation Problem.
REFERENCES:
1.Agarwal, G.K. :Vyavasayik Garit
2. Agrawal, R.S. :Mathematics
3.Gupts, B.N. :Vyavasayik Garit
4.Kapoor, V.K. :Business Mathematics
5.Ranganath, Sampanji, R. & Rajaram :A Text Book of Business Mathematics
6.Soni, R.S. :Business Mathematics
7.Vohra, N.D. :Quantitative Techniques in Management
8.Zameeruddin, Khanka & Bhambri :Business Mathematics
9. Wahi, G.P. and Sukla, Sudhir .K. :Business Mathematics
Code: BC 106(B)
OFFICE MANAGEMENT

Unit-1

Modern Office: Concept, Characteristics of Modern office, Importance, Functions, Central Office;
Office organization:- Meaning, Process principles, Departmentalization of Office,
Communication, Correspondence and system:- Meaning, importance of Mail, Meaning and
importance of mail system.

Unit-II

Typing:- Meaning, Centralization and decentralization of Typing services, Duplicating:- Meaning,

Process, Stationary; Office Filing system. Office Forms

Unit III

Office system and Procedure and Flow of work, Office report Indexing, Office Machine and
Furniture, work Simplification office Manuals.

Unit IV

Office Reports, Personnel Management, Reception, Correspondence, Computer.

REFERENCES:

1. Mishra.Ashok .K. : karyalya Prabandh

(Vaibhav Laxmi Prakashn) 2010,Varanasi
 SYLLABUS
BACHELOR OF COMMERCE
(THREE YEARS FULL TIME PROGRAMME)

B.Com. Part – II

Paper Paper Name External Practical Total

Code (Yearly
Examination)
BC 201 Corporate
100 -- 100
Accounting
BC 202 Marketing 100 -- 100
BC 203 Cost Accounting 100 -- 100
BC 204 Company Law 100 -- 100
BC 205 Auditing 100 -- 100
BC206 Business Graphics
(A) & Multimedia 80 20 100
Management
OR OR

BC206 Business
(B) Communication 100 100

OR OR

BC206 Principles of 100 100

(C) Insurance

Grand Total 600

Code: BC 201
CORPORATE ACCOUNTING

Objective: This course enables the students to develop awareness about corporate accounting in
conformity with the provisions of Companies Act.

Unit-1

Issue, Forfeiture and Re-issue of Shares: Redemption of Preference Shares; Issue and Redemption
of Debentures, Underwriting of Shares and Debentures.

Unit-II

Profits prior to Incorporation, Final Accounts , Valuation of Goodwill and Shares.

Unit-III

Accounting for Amalgamation of Companies as per Indian Accounting Standard 14; Accounting
for Internal Reconstruction, Liquidation of Companies.

Unit-IV

Consolidated Balance Sheet of Holding Companies with one subsidiary only. Analysis of
Financial Statement-Various Techniques Statement of changes in Financial Position on cash basis
and working Capital basis, Familiarity with Indian Accounting Standard-3.

REFERENCES:

1. Chaturvedi, C.L. : Advance Accountancy

2. Gupta, R.L. : Company Accounts
3. Gupta, R.L. : Advanced Accountancy
4. Maheshwari, S.N. : Corporate Accounting
5. Monga, J.R. & Ahuja : Financial Accounting
6. Moore, C.L. & Jaodi cke, R.K. : Managerial Accounting
7. Shukla, Meharchand : Advance Accounting
8. Shukla, S.M. : Advance Accountancy
9.Shukla, M.C, Grewal, T.S. & Gupta,S.C. :Advance Accounts
10.Jaiswal K.S. :Corporate Accounting (Both English&Hindi)
Code: BC-202
MARKETING

Objective-: The objective of this course is to help students to understand the concept of
marketing and its applications.

Unit-I

Introduction: Nature and Scope of marketing; importance of marketing as a business function, and
in the economy; Marketing concepts- traditional and modern; selling Vs. Marketing; marketing
mix; marketing environment. Consumer behavior and market segmentation: Nature, scope and
significance of consumer behaviour; Market segmentation- concept and importance; Bases for
market segmentation.

Unit-II

Product: Concept of product, Consumer and industrial goods; Product planning and development;
Packaging role and functions; Brand name and Trade Mark; After Sales Services; Product Life
cycle concept. Price: Importance of price in the marketing mix Factors, affecting price of a
product/Service; Discount and rebates.

Unit-III

Distribution Channels and Physical Distribution; Distribution Channels- Concept and Role; Types
of distribution channels; Factors affecting choice of a distribution channel; Retailer and whole
seller; physical distribution of goods; Transportation; warehousing; Inventory control; Order
Processing.

Unit-IV

Promotion: Methods of promotion; Optimum promotion mix; Advertising media: their relative
merits and limitations, Characteristics of an effective advertisement; Personal Selling; Selling as a
career; Classification of a successful sales person; Functions of Salesman.

REFERENCES:

1. Cundiff, Edward, W. & Still, R.R. : Basic Marketing- Concepts, Decisions and
Strategies
2. Kotler, Phillip : Marketing Management
3. Kotler, Phillip & Armstrong, Gray : Principles of Marketing
4. Mamoria, C.B,Mamoria Satish & Suri, R.K. : Marketing Management
5. Ramaswami & Namakumari : Marketing Management
6. Sontakki,C.M. : Marketing Management
7. Sherlekar, S.A. : Marketing Management
8. Stanton, W.J., Etzel Michael, J. & : Fundamentals of Marketing
Walker Bruce, J.
9. Srivastava, Prem Kumar : Vipanan Prabandha
10.William, M. Pride & Ferrel, O.C. : Marketing
11. Shukla,Ajit : Marketing Management (Hindi)
12.Shukla Ajit : Viparan
Code: BC 203
COST ACCOUNTING

Objective: This course exposes the students to the basic concepts and the tools used in cost
accounting.
Unit-I

Nature and Scope of Cost Accounting, Cost Vs. Management Accounting. Elements of Cost and
their Classification, Methods and Techniques. Installation of Costing System, Concept of Cost
Audit.

Accounting for Material: Material Control, Techniques, Pricing of Material issues, Treatment of
material losses.

Unit-II

Accounting for Labour: Labour Cost Control, Procedure, Labour turnover, Idle time and overtime.
Methods of Wage Payment- Time and Piece Rates, Incentive Schemes. Accounting for overheads:
Classification and Departmentalization, Absorption of Overheads, Determination of overhead
rates, Under and Over Absorption and its treatment.

Unit-III

Cost Ascertainment: Unit Costing, Job Costing, Batch Costing, Contract Costing.

Unit-IV

Operating Costing. Process Costing, Cost Records: Integral and Non-integral system;
Reconciliation of Cost and Financial Accounts.

REFERENCES:

1. Arora, M.N. : Cost Accounting- principles and Practice

2. Bansal, M.R. & Saxena, V.M. : Lagat Lekhankan
3. Gupta, R.K. : Lagat Lekhankan
4. Gupta, L.B. : Lagat Lekha
5. Jain, S.P. & Narang, K.L. : Cost Accounting
6. Khan, M.Y. & Jain, P.K. : Management Accounting
7. Maheshwari, S.N. : Advanced Problems and Solutions in Cost
Accounting
8. Prakash, Jagdish : Lagat Lekhankan
9. Shukla, S.M. : Lagat Lekha
10.Tulasian, P.C. : Practical Costing
11.Shukla, Sudhir : Cost Accounting
Code: BC 204
COMPANY LAW

Objective: The objective of this course is to provide basic knowledge of the provisions of the
Companies Act, 2013 along with relevant cases.

Unit-1

Indian Companies Act, 2013: Corporate Personality; Nature and Types of Companies, Conversion
of Public Companies into Private Companies and vice versa. Formation, Promotion and
Incorporation of Companies, Memorandum of Association; Articles of Association; Prospectus.

Unit-II

Shares; Share Capital; Members; Issue & Allotment of shares, Transfer and Transmission; Capital
Management- Borrowing powers, Mortgages and charges, Debentures.
Unit-III

Management: Directors, Managing Director, Whole- Time Director. Company Meetings- Kinds,
Quorum, Voting, Resolutions, Minutes.

Unit-IV

Majority Powers & Minority Rights; Prevention of Oppression and Mismanagement. Winding
Up- Kinds and Conduct.

REFERENCES:

1. Bagrail, A.K. : Company Law

2. Chawla& Garg : Company Law
3. Grower, L.C. B. : Principles of Modern Company Law
4. Kapoor, N.D. : Company Law- Incorporating the provisions
of Companies Amendment Act, 2000
5. Kuchhal, M.C. : Modern India Company Law
6. Ramaiya, A. : Guide to the Companies Act
7. Singh, Avtar : Company Law
8. Taxmann : Company Law
Code: BC 205
AUDITING

Objective: This course aims at imparting knowledge about the principles and methods of auditing
and their applications.
Unit-I

Introduction: Meaning, Objectives and Importance of Auditing, Types of Audit. Limitation of

Auditing. Audit Procedure: Audit programme, Audit Note Book, Audit Working Papers, Audit
Files, Audit Evidence, Consideration for commencing an Audit, Routine checking and Test
checking.

Unit-II

Internal Control: Meaning, Objectives and Auditor’s duties, Internal Check System: Meaning,
Objectives advantages and disadvantages, Auditors Duties. Internal Check as regards cash
receipts, Cash Payments, Wages, Sales and Purchases. Vouching: Meaning, Objectives,
Importance. Vouching of Cash Transactions and Trading Transactions. Verification of Assets and
Liabilities: Meaning, Objectives and Verification of various Assets and Liabillities.

Unit III

Audit of a Limited Companies: Appointment, Qualifications, Rights and Powers, Duties and
Liabilities of a Company Auditor. Audit Report- Meaning, Importance and Scope, Clean and
Qualified Audit Report, Audit Certificate, Audit of Divisible profits and Dividends.

Unit IV

Special Audit of Banking Companies and Insurance Companies. Special points in the Audit of
Educational Institutions, Clubs and Hospitals, Nature and significance of Cost Audit; Tax Audit
and Management Audit.

References:
1. Attowood, Frank A. & Stein, Neil D. : Depaul’s Auditing
2. Choudhari, Roy A.B. : Modern Internal Auditing
3. Chatlia, S.V. : Spicer and Pegler’s Practical Auditing
4. Dinkar, Pagare : Principles and Practices of Auditing
5. Gupta, Kamal : Contemporary Auditing
6. Gupta & Bhatnagar : Ankekshan
7. Kumar, Raj & Kanodia, Suresh : Ankekshan
8. Moutz, R.K. : Fundamentals of Auditing
9. Pratt, Michael,J :Auditing principles and practice
10. Sharma, T.R. : Auditing principles and practice
11. Sharma, T.R. : Ankekshan
12. Tandon, B.N. : Principles of Auditing
13.Woolf, Emile : Auditing Today
Code: BC 206-A

BUSINESS GRAPHICS & MULTIMEDIA MANAGEMENT

Objective: The objective of this course is to develop creativity & enhance Practical ability in the
student as well as learn the anatomy of a Computer System.

Unit-I

Computer System Components: Motherboard, Processor memory (RAM, ROM) Power supply,
CD/DVD Drives, Video card, Monitors, Sound card, Speakers, Ports USB, Multiprogramming,
Multitasking, On line processing.

Unit-II

Introduction of Multimedia, Components of Multimedia, Multimedia Project development,

Hardwares & Softwares for multimedia Presentation, Applications of Multimedia(Business,
Homes Education & Training)

Unit-III

Microsoft Windows, features, Advantages, Control & Managing Windows (Control Panel) MS
PowerPoint, Templets, The different Views of Slides (Normal, Outline, slide, slide sorter, slide
show) Setting up presentation with Auto Content Wizard.

Unit-IV

Computer Graphics, various types of Graphics program, Application of Graphics, Computer

Aided Design, Computer Aided Manufacturing. Introduction to DTP packages, (PageMaker, Coral
Draw, and Photoshop)

REFERENCES:

1. Multimedia Making it work : Voughan, Tay.

2. Computer Graphics & Multimedia
Management : Singh, Amit Kumar
Code: BC 206-B
BUSINESS COMMUNICATION

Objective: The objective of this course is to develop effective business communication skills
among the students.
Unit-I

Introducing Business Communication: Basic forms of Communicating Communication Models

and processes; Principles of Effective Communication; Theories of Communication; Audience
Analysis.
Self Development and Communication: Development of Positive Personal Attitude; SWOT
Analysis; Whole Communication.

Unit-II

Corporate Communication, Formal and Informal Communication, Networks; Grapevine; Barriers

in Communication; Improving Communication.
Practices in Business Communication: Group discussion; Mock interviews; Seminars; Effective
Listening Exercises; Individual and Group Presentations and Report Writing.

Unit-III

Writing skills: planning business messages; Rewriting and editing, The first draft, Reconstructing the
final draft; Business letters and memo formats; Appearance request letters, Good news and Bad news
letter; Persuasive letters; Sales letters; Collection letters; Office Memorandum. Report writing:
Introduction to a Proposal, Short report and Formal report, Report Preparation.
Oral Presentation: Principles of Oral Presentations, Factors affecting Presentation, Sales
Presentation, Training, Presentation, Conducting Surveys, Speeches to Motivate Effective
Presentation Skills.

Unit-IV

Non-verbal aspects of Communication: Body language. Kinesics, Proxemics, Para language,

Effective listening, Factors affecting Listening Exercises; Oral, Written and Video Sessions;
Interviewing skills: Appearing in Interviews, Conducting Interviews, Writing Resume and Letter
of Application. Modern forms of communicating: Fax, E-mail, Video Conferencing etc.
International Communication: Cultural Sensitiveness and Cultural Context, Writing and
presenting in international situations, Inter-cultural factors in Interactions.

REFERENCES:
1. Arora, V.N. & Chandra, Lakshmi : Improve your writing
2. Boyee & Shill : Business Communications Today
3. Kaul : Business Communications
4. Kaul : Effective Business Communications
5. Murphy & Peek : Effective Business Communications
6. Paul, Rajelra & Korlahali, J.S. : Essentials of Business Communication
7. Ronald, Dule & Fielder, John S. : Principles of Business Communication
8. Sharma, R. C. & Krishna Mohan : Business Correspondence and Report Writing
9.Srivastva. Anjani : Business Communication.
Code BC 206-C
PRINCIPLES OF INSURANCE

Objective: This course enables the students to know the principles of Insurance.
Unit I
Risk: Meaning, Classification, Methods of Handling Risks.
Insurance: Meaning, Origin & Development, Functions, Types, Classifications,
Principles, Advantages, Principles of Insurance Contact, Re-Insurance, Double-
Insurance.

Unit II
Life Insurance: Meaning, Importance, Essentials of Life Insurance Contract, Procedure
of Life Insurance. Life Insurance Policy: Kinds & Conditions, Nomination &
Assignment, Surrender Value.

Unit III
Insurance Agent: Appointment, Qualifications, Functions, Rights, Duties, Liability,
Termination of Insurance Agency, Working of an Insurance Agent, Licence,
Remuneration, Code Of Conduct. Motor Insurance, Registration of Insurance
companies: Process, Renewal & Cancelation.

Unit IV
Fire Insurance: Meaning, Hazards in Fire Insurance, Scope, importance, Fire Insurance
Contract, Conditions of Fire Insurance Policy & Procedure. Marine Insurance: Meaning,
Insurable Risk, Scope, Importance, Insurance Contact, Conditions & Types of Policy.

References:
1- Mishra M.N. : Insurance- Principles & Practice.
2- Gupta O.S. : Life Insurance.
3- Vinayakam M. Radhaswami and Vasudevam : Insurance- Principles & Practice.
4- Kothari & Bhall : Principles & Practice of Insurance.
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 SYLLABUS
BACHELOR OF COMMERCE
(THREE YEARS FULL TIME PROGRAMME)

B.Com. Part – III

External
Paper Code Paper Name (Yearly Practical Total
Examination)
BC 301 Income Tax 100 -- 100
BC 302 Business Finance 100 -- 100
BC 303 Economic 100 -- 100
Environment
BC 304 Entrepreneurship
100 -- 100
& Small Business
BC 305 Money &
100 -- 100
Financial System
BC 306 (A) Information 80 20 100
Technology
OR OR

BC 306 (B) Goods & Services 100 100

Tax (GST)
OR OR

BC 306 (C) Principles And 100 100

Practices of
Actuaries

BC 307 Viva-Voce 50 -- 50
Grand Total 650 650
Code: BC 301
INCOME TAX

Objective: It enables the students to know the basic knowledge of income Tax Law comprises of
Income Tax Act,1961. Income Tax Rules,1962, Government Notification. Finance Act –Annual.
Circular & Clarification of CBDT, Judicial Decision and its implications.

Unit-I

Income Tax: Meaning, Objectives and Importance, Definition of Important Terms as per Income
Tax Act, 1961-Income, Gross Total Income, Total Income, Agricultural Income, Assessment
Year, Previous Year, Assessee and Person, Residence and Tax Liability, Exempted Incomes,
Computation of Taxable Income under Salary head.

Unit-II

Computation of Taxable Income from House Property, Profit and Gains from business and
profession or Vocation, (with provision of Depreciation) Capital Gains.
Unit-III

Computation of Taxable Income from other sources, Aggregation of Incomes and Deemed
Incomes. Set-off and Carry Forward of Losses, Deductions from Gross Total Income, Assessment
of an Individual.
Unit-IV

Assessment of H.U.F. and Firm, Assessment procedures:- Filing of Return, Types of Assessment,
Tax Administration:- Authorities, Appeals & Penalties, Tax deduction at source, Advance
payment of tax, Tax Management, Tax planning, Tax Evasion and Tax Avoidance

REFERENCES:

01. Ahuja, Giri & Gupta, Ravi : Systematic Approach to Incomes Tax
02. Agrawal, B.K. : Income Tax law and practice
03. Agrawal, B.K. : Ayakar Vidhan Avam lekhe
04. Chandra, Mahesh&Shukla, D.C. : Income Tax Law and practices
05. Chandra, Girish : Income Tax
06. Income Tax Act and Rules : BAREACT
07. Journal of Taxmann :
08. Jain, Gaur& Narang : Ayakar
09. Mehrotra, H.C. : Income Tax Law and Practice
10. Mehrotra, H.C. : Ayakar Vidhan Avam Lekhe (kar Niyojan Sahit)
11. Prasad, Bhagwati : Income Tax and practice
12. Pagare, Dinkar : Income Tax Law practice
13. Ranga & Palkhiwala : The Law and Practices of Income Tax.
14. Singhania, V.K. : Direct Taxes- Law and Practice
15.Jaiswal K.S. and Agrawal Raj.K : Income Tax law & Accounts.
Code: BC302
BUSINESS FINANCE

Objective: The objective of this course is to help students understand the conceptual framework
of business finance.

Units-I

Business Finance- Nature and Scope, Financial Management –Nature and Scope, Financial goals;
Profit Vs. Wealth Maximization; Finance function- Investment, Financing and Dividend
Decisions, Capital Budgeting:- Meaning, Nature, Importance, Investment Decisions and its major
Evaluation criteria.

Units-II

Cost of Capital- Meaning importance, Calculation of Cost of Debt, Preference Shares, Equity
Shares and Retained Earnings, Combined (weighted) Cost of Capital. Capitalization- Meaning,
Over Capitalization, Theory of Capitalization. Capital Structure- Meaning determinants and
Theories.

Units-III

Dividend Policies: Issues in Dividend policies; Dividend models. Sources of Funds: Long Term
Funds, Short- term funds. Nature, significance and determinants of Working Capital.

Units-IV

Capital Market- (a) New Issue Market (b) Secondary market, Functions and role of Stock
Exchange (BSE, NSE), Important Provisions of SEBI (Listing procedure and legal requirements,
pricing and marketing of Public Issue). Money Market: Indian money markets- Composition and
Structure, Acceptance and Discount houses and Call money market.

REFERENCES:

1. Avadhani, V.A. : Finacial System

2. Bhalla, V.K. : Modern Working Capital Management
3. Brigham, E.F.Gapenski, L.C. : Financial Management- Theory and Practice
& Ehrhardt, M.C.
4. Chandra, Prasanna : Financial Management Theory and Practice
5. Khan, M.Y. & Jain, P. K. : Financial Management Text and Problems
6. Mclaney, E.J. : Financial Services. Business Finance Theory
and Practice
7. Pandey, I.M. : Financial Management
8. Van Horne, J.C. : Financial Management and Policy
Code: BC 303
ECONOMIC ENVIRONMENT

Objective: This Course develops ability to understand and scan business environment and analyse
opportunities under economic environment.
Unit-I

Indian Economic Environment: Concept, Components and Importance Economic Trends

(overview): Income; Savings and Investments, Industry; Trade and Balance of Payments, Money;
Finance; Prices.

Unit-II

Problems of Growth: Unemployment; Poverty, Regional Imbalances, Social Injustice; Inflation;

Parallel economy; Industrial sickness. The Current Five Years plan: Major policies; Resources
allocation.

Unit-III

Role of Government: Monetary and Fiscal Policy; Industrial policy; Industrial licensing.
Privatization; Devaluation; Export-Import Policy; Regulation of Foreign Investment;
Collaboration in the light of Recent Changes.

Unit-IV

International Environment: International Trading Environment (overview): Trends in the World

Trade and The problems of Developing Countries; Foreign Trade and Economic Growth;
International Economic Groupings; International Economic Institutions. GATT, WTO, UNCTAD
World Bank, IMF, GSP, GSTP; Counter Trade.

REFERENCES:

1. Agrawal, A.N. : Indian Economy

2. Dutta, R.& Sunderam, K. P.M. : Indian Economy
3. Khan, Farooq A. : Business and Society
4. Mishra, S.K. and Puri, V.K. : Indian Economy
5. Mishra : Bhartiya Artha Vyavastha
6. Sunderam & black : The International Business Environment
Code: BC 304

ENTREPRENEURSHIP AND SMALL BUSINESS

Objective: It provides exposure to the students to the entrepreneurial culture and industrial
growth so as to preparing them to set up and manage their own small units.

Units-I

Entrepreneurship: Concept, Characteristics, Need, functions, Risk and Types of Risk.

Entrepreneur; Characteristics, Qualities, Functions, Types, Emergence of Entrepreneurial
class. Difference between Entrepreneurship & Entrepreneur. Difference between Entrepreneur
& Manager.
Theories of Entrepreneurship, Entrepreneurship & Environment.

Units-II

EDP – Meaning Need, Objective, steps, outline, achievements and training programme,
Institutions Established by the Government, Government Assistance and incentives.
Women Entrepreneurship: Meanings, Characteristics, Qualities, Problems, Steps taken to help
women entrepreneur.

Units-III

Promotion of a venture: Concepts of Projects, Project Identification, Formulation and Report,

Project Appraisal. Product Selection and Techniques. Raising of funds: Concept, Need, Types and
Sources.

Units-IV

Small Business: Process of establishing Small Business, Nature, Objectives and Importance of
Small Business. Role of Financial Institutions in financing of small business, Infrastructural
facilities. Latest Government policy with regard to small business. Legal requirements for
establishment of new unit.
Entrepreneurial Consultancy process and methods, Monitoring techniques.
REFERENCES:
1. Desai, Vasant : Dynamics of Entrepreneurial Development
and Management
2. Desai, Vasant : Organisation and Management of small Scale Industry
3. Desai, A.N. : Entrepreneurship and Environment
4. Dvrcker, Perer : Innovation and Entrepreneurship
5. Gupta, C.B. : Entrepreneurship Development
6. Kenneth, P.Van : Entrepreneurship and small Business Management
7. Pareek, Udai & Ven : Developing Entrepreneurship book on Learning System
Kateswara, Rao, T
8. Shukla, M.B. : Entrepreneurship and small Business Management
9. Scholl Hammer & Kuril off : Entrepreneurship Change and small Business
Management
10. R.C.Agrawal : Udyamita Vikas.(Hindi)
11.Entrepreneurship Development :S.S. Khanka
Code: BC 305
MONEY AND FINANCIAL SYSTEM

Objective: The course exposes the students to the working of money and financial system
prevailing in India.
Unit-I

Money: Functions, Alternative measures to money supply in India and their different Components,
Meaning and changing relative importance of each component, High Powered Money- Meaning
and Uses, Sources of changes in high-powered money. Finance: Role of Finance in an economy,
Kinds of Finance. Financial system: Components, Financial Intermediaries, Markets and
Instruments.

Unit-II

Indian Banking System: Definition of Bank, Commercial Banks, Importance and Functions,
Structure of Commercial Banking System in India. Balance Sheet of a Bank: Meaning and
Importance of main Liabilities and Assets. Regional Rural Banks, Cooperative Banking in India.
Process of Credit Creation by banks; Determination of money supply and total bank credit.

Unit III

Development Banks and other Non –Banking Financial Institution: Main features. Problems and
policies for Allocation of Institutional Credit: Problems between the government and the
Commercial Sector, Inter-Sectoral and Inter- Regional Problems, Problem between large and
small borrowers, Operation of Conflicting pressure before and after bank nationalization in 1969.

Unit IV

The Reserve Bank of India: Functions, Instruments of Monetary and Credit Control; Main
Features of Monetary Policy Since Independence. Interest Rates: Various rates in India( as Bond
Rate, Bill Rate, Deposit Rate, etc.); Administered rates and Market-determined rates; Sources of
difference in rates of interest; Behaviour of average level of interest rates since 1951-Impact of
Inflation and Inflationary expectations.

References:
1. Chanduler, L.V. & Goldfield, S.M. : The Economics of Money and Banking
2. Gupta, S.B. : Monetary Planning of India
3. Khan, M.Y. : Indian Financial Systems Theory & practice
4. Khubchandani : Practice and Law of Banking
5. Pnachmakhi, V.R. Rajpuria, K.M. R. : Money and Finance in World Economic
& Tandon Order
6. Sengupta, A.K. & Agarwal, N.K. : Money Market Operations in India
7. Vinayakan, N. : Banking by 2000 A.D.
8. Banking Commission : Report(s)
9. Report on Currency and Finance
10. Reserve Bank if India : Bulletin. Annual Report(s)
Code : BC 306-A
INFORMATION TECHNOLOGY

Objective: To introduce the concept of electronic market space and electronic commerce among
the potential information technology leaders.

Units-I

Meaning and Concept of Information Technology On Line Information Services,

Communications Channels; Communications Networks, Concept and Evolution of Internet,
Intranet, Business Applications of internet.

Units-II

Clint/ server computing Electronic Data interchange Electronic Payment Systems, Types
of
E –Payment systems, E –cash, Credit Cards, Debit Cards, Components of effective Electronic
payment systems
Units-III
Meaning and concept of E-commerce, channels of E commerce, Business
Applications of EcommerceE-commerce Models,B2B, B2C, B2G, Online Marketing and
Advertisement, E commerce recourses and infrastructure
Units-IV

Role of Websites in E –commerce, Website design principles, Security risk

of E-commerce, Types of threats ,Source of Threats-commerce Security and a rational Security
Policy of E-commerce, IT –ACT-2000

REFERENCES:

1. Coleman, Pat & Dyson, Peter : Internet

2. Derflor, Frank : Guide to Linking LANS
3. Keen, Peter & Commins Nidhael : Networks in Action: Business
Choices and Telecommunications Decisions
4. Keen, Peter & Mart Donand : The E. Process Edge
5. Laquey, Tracy : The Internet Companion: A Beginner’s Guide
to Global Networking
6. Oberoi, Sandeep : E-Security and you
7. Ricart, Alberto Mannual & Stephen Asbury : Active Server pages
8. Rich Jason, R. : Starting an E-Commerce Business
9.Amit K Singh : Information Technology
Code: BC 306-B
GOODS & SERVICES TAX (GST)

Objective: To provide students with a working knowledge of principles and provisions of GST to
understand the relevance of GST in the present Indian Tax Scenario and its contribution for
economic development.
Unit-I
Indirect Tax: Meaning, Features, difference between direct & Indirect Tax Types of indirect tax
before GST, Shortcoming of Indirect Tax system during pre
GST Era. GST: Meaning,
advantages, disadvantages, Evolution of GST, Structure of GST: CGST/IGST/SGST/UTGST,
Important definition under GST Act. Machinery under GST: GST council, GST network, GST
Authority. Concept of Supply: Meaning, Features, Types:, Inter -state, intra- state, mixed
composite, exempt supply.

Unit-II
Time of supply (TOS): Meaning, TOS of Goods & Services, TOS under Reverse Charge
Mechanism, Invoicing provisions, provisions related with changes in GST rate. Place of Supply
(POS): Meaning, POS of goods & service, intra state & Inter State supply. Value of Supply:
Meaning, provisions related with determination of value of supply of goods & services,
determination of GST liability.

Unit-III
Input Tax credit (ITC): Meaning, manner of utilization of ITC, Block credit, supply not eligible
for ITC, Matching, reversal & Reclaim of ITC. Payment under GST: Manner of Payment of
GST liability, concept of Electronic Cash, credit & liability ledger, refund of excess GST. Return:
Meaning, purpose & Importance, different type of return, due date of filing return. Assessment
under GST: Meaning, types-self assessment, provisional assessment, summary assessment, best
judgment assessment.

Unit-IV
Registration: Meaning, optional registration, compulsory registration, procedure for new
registration, amendment & cancellation of registration. Composition Scheme: condition &
restriction for composition scheme. Accounts & Records: manner of maintenance of accounts,
period of retention of relevant records, Invoice: format, types- debit & credit note, vouchers.
Audit: meaning, types-mandatory, departmental & special audit. Penalty under GST, E-way bill.
REFERENCES:
1. Agrawal, Raj. K; Advanced Handbook on GST.
2. Background Material on Model GST Law, Sahitya Bhawan Publications.
3. Bansal,K.M; GST a Customer’s Law, TAXMANN Publication(P)Ltd,
University Edition.
4. Chaudhary, Vashishtha ; Dalmia, Ashu; Girdharwal, “GST- A Practical Approach”,
Taxman Publication
5. Datey V.S., “GST Ready Reckoner”, Taxman Publication, New Delhi.
6. E- Resources & Latest GST Bill
7. Jha R. K. & Singh, P. K. “A Bird’s Eye view of GST”, Asia Law House
nd
8. Majumder, Sumit Dutt “GST in India” 2 edn. Centex Publications Pvt. Ltd.
9. Rastogi, Abhishek A., “GST- A Professional Guide” Taxman Publication.
10. Singhania, V.K; Students Guide to GST & Customers Law, TAXMANN Publication
(P) Ltd, University Edition.
Code BC 306-C
PRINCIPLES AND PRACTICES OF ACTUARIES

Objective: To acquaint the students with principles and practices of actuaries

in making investment decisions.
Unit I
Investment: Meaning, Kinds, Principles of investment, Valuation of Investment, Bonus.
Importance of Actuaries in investment, Concept of Actuaries, Function, Scope, Importance.
Unit II
Actuarial risk management: Assessment of risks, types and risk measures.
Annuity: Meaning, Difference between annuity and Life Insurance. LIC: Calculation Of
Premium, Preparation of mortality Table, Kinds of mortality Table, Methods of Loading,
Functions and organization of LIC.
Unit III
Actuarial Professionalism: Meaning and Importance of Professionalism in the work of
actuaries. Actuarial methods, financial reporting, reinsuring, profitability analysis, financial
condition analysis, Final Accounts of Insurance Company.
UNIT IV
Marine Insurance: Introduction, Marine Losses- Classification & calculation of loss, Fixation of
premium. Fire Insurance: Introduction. Determination of premium, settlement of claim in fire
Insurance. General Insurance: Meaning. Functions, Organisations, IRDA Act 1999- Main
provisions & impact of Act.

References:
1- Mishra M.N. : Insurance- Principles & Practice.
2- Gupta O.S. : Life Insurance.
3- Vinayakam M. Radhaswami and Vasudevam : Insurance- Principles & Practice.
4- Kothari & Bhall : Principles & Practice of Insurance.
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