CHRIST (Deemed to University), Bangalore

DEPARTMENT OF professional-studies

commerce-and-management

Syllabus for
Bachelor of Business Administration (Finance and Accountancy)
Academic Year  (2018)

 
1 Semester - 2018 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
AEN121 ADDITIONAL ENGLISH Ability Enhancement Compulsory Course 3 2 50
BBF131 FINANCIAL ACCOUNTING - I Core Courses 4 4 100
BBF132 BUSINESS ECONOMICS Core Courses 4 4 100
BBF133 COST ACCOUNTING Core Courses 4 4 100
BBF134 BUSINESS MANAGEMENT AND ORGANIZATIONAL BEHAVIOR Core Courses 4 4 100
BBF161 BUSINESS ETIQUETTE AND CORPORATE GROOMING Generic Elective 4 4 100
BBF161A POSITIVE PSYCHOLOGY Generic Elective 4 4 100
ENG121 ENGLISH Ability Enhancement Compulsory Course 3 2 50
HIN122 HINDI Ability Enhancement Compulsory Course 3 2 50
KAN122 KANNADA Ability Enhancement Compulsory Course 3 02 50
2 Semester - 2018 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
AEN221 ADDITIONAL ENGLISH Ability Enhancement Compulsory Course 3 2 50
BBF231 FINANCIAL ACCOUNTING - II Core Courses 4 4 100
BBF232 BUSINESS MATHEMATICS AND STATISTICS Core Courses 4 4 100
BBF233 INDIAN FINANCIAL SYSTEM Core Courses 4 4 100
BBF234 BUSINESS AND COMMERCIAL LAWS Core Courses 4 4 100
BBF261A BUSINESS LEADERSHIP SKILLS Generic Elective 4 4 100
BBF261B BUSINESS NEGOTIATION AND COMMUNICATION SKILLS Generic Elective 4 4 100
ENG221 ENGLISH Ability Enhancement Compulsory Course 3 2 50
HIN222 HINDI Ability Enhancement Compulsory Course 3 2 50
KAN222 KANNADA Ability Enhancement Compulsory Course 3 02 50
3 Semester - 2017 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBF311 OPERATIONS MANAGEMENT Skill Enhancement Course 3 2 50
BBF331 HUMAN RESOURCES MANAGEMENT Core Courses 4 4 100
BBF332 ADVANCED FINANCIAL ACCOUNTING Core Courses 4 4 100
BBF333 CORPORATE AND ALLIED LAW Core Courses 4 4 100
BBF334 PERFORMANCE MANAGEMENT Core Courses 4 4 100
BBF335 MARKETING MANAGEMENT Core Courses 4 4 100
BBF361A PRINCIPLES OF MACRO ECONOMICS Generic Elective 4 4 100
BBF361B SUSTAINABILITY AND CORPORATE SOCIAL RESPONSIBILITY Generic Elective 3 2 50
4 Semester - 2017 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBF411 IT IN BUSINESS Skill Enhancement Course 3 2 50
BBF431 BUSINESS ANALYSIS Core Courses 4 4 100
BBF432 AUDITING Core Courses 4 4 100
BBF433 FINANCIAL REPORTING Core Courses 4 4 100
BBF434 FINANCIAL MANAGEMENT Core Courses 4 4 100
BBF435 CORPORATE GOVERNANCE, RISK AND ETHICS Core Courses 4 4 100
BBF461A FINANCIAL ECONOMETRICS Generic Elective 4 4 100
BBF461B QUANTITATIVE APTITUDE AND LOGICAL REASONING Generic Elective 4 4 100
5 Semester - 2016 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBF531 RESEARCH METHODOLOGY Core Courses 4 4 100
BBF532 CORPORATE REPORTING Core Courses 4 4 100
BBF533 TAXATION Core Courses 4 4 100
BBF541A INVESTMENT ANALYSIS AND PORTFOLIO MANAGEMENT Discipline Specific Elective 4 4 100
BBF541B ENTREPRENEURSHIP MANAGEMENT Discipline Specific Elective 4 4 100
BBF542A COMMODITY AND DERIVATIVES MARKETS Discipline Specific Elective 4 4 100
BBF542B ENTREPRENEURIAL VENTURE PLANNING Discipline Specific Elective 4 4 100
BBF543A PROJECT APPRAISAL AND FINANCING Discipline Specific Elective 4 4 100
BBF543B SOCIAL ENTREPRENEURSHIP Discipline Specific Elective 4 4 100
6 Semester - 2016 - Batch
Course Code
Course
Type
Hours Per
Week
Credits
Marks
BBF631 ADVANCED FINANCIAL MANAGEMENT Core Courses 4 4 100
BBF632 ADVANCED PERFORMANCE MANAGEMENT Core Courses 4 4 100
BBF633 GLOBAL LAW Core Courses 4 4 100
BBF641A STRATEGIC FINANCIAL MANAGEMENT Discipline Specific Elective 4 4 100
BBF641B FAMILY BUSINESS MANAGEMENT Discipline Specific Elective 4 4 100
BBF642A INTERNATIONAL FINANCIAL MANAGEMENT Discipline Specific Elective 4 4 100
BBF642B ENTERPRISE PLANNING AND APPRAISAL Discipline Specific Elective 4 4 100
BBF681 RESEARCH PROJECT Discipline Specific Elective 0 4 100
BBF681B RESEARCH PROJECT (BUSINESS PLAN) Discipline Specific Elective 0 4 100
    

    

Introduction to Program:
BBA (Finance and Accountancy) programme is designed for students who aspire to be strategic business leaders and job creators with financial and entrepreneurial expertise to perform key roles as financial analysts and enterprise venture specialists with a vision for sustainable and inclusive growth. Programme Objectives: 1. To provide specialized skills in the field of Global finance and Auditing with balanced higher knowledge in Commerce. 2. To create professional competence to take up independent positions in the areas of Accounting, Auditing, financial analysis & Risk Management in different industry sectors. 3. To inculcate initiative and professional outlook in students for better industry acceptance. 4. To create higher levels of specialized career opportunities. 5. To create a stronger foundation for taking up specialized education and research. 6. To enable entrepreneurial qualities in students by focussing on sustainability, global perspective
Assesment Pattern

Grading Pattern:

Grading pattern will be the same as approved by the University for UG Courses as detailed herein below:

Percentage

Grade

Grade point

Interpretation

Class

80 & Above

   A+

  4.0

Outstanding

Distinction

70 --- 79

   A

  3.5

Excellent

First class

65 --- 69

   B +

  3.0

Very good

First class

60 --- 64

   B

  2.5

Good

First class

55 --- 59

   C +

  2.0

Average

Second class

50 --- 54

   C

  1.5

Satisfactory

Second class

40 --- 49

   C -

  1.0

Exempted with 50% aggregate

Pass class

39 & Below

   F

    0

Fail

Fail

 

 

Examination And Assesments

Department of Professional Studies follows a rigorous system of continuous evaluation, and the assessment events include quizzes, tests, assignments, mid-term and end-term exams, individual/group project work, presentations etc.  

Students are evaluated for each course on the basis of written examination and continuous internal assessment. Each paper carries maximum of 100 marks and is evaluated as follows:

End Semester Examination (ESE)                                                :           50%

Mid Semester Examination (CIA-2)                                             :           25%

Continuous Internal Assessments (CIA- 1 & 3)                        :           20%

Attendance                                                                                       :           05%

Total                                                               :          100%                          

·         Written Examinations consists of:

§  Mid Semester Exam – 50 marks   (2 hours duration)

§  End Semester Exam – 100 marks (3 hours duration)

·         A student should have secured minimum 40% marks in the ESE to pass in that paper.

·         In aggregate for each paper, for internal and end semester put together, at least 40 marks out of 100 must be secured to pass in that paper.

 

Question Bank:

Subject wise Question Bank is prepared every semester to test the Conceptual, Application, Analytical and Problem solving skills of the students. These question banks are prepared by the faculty member teaching the subject and duly verified by the subject expert.

Question Paper Pattern for the End Semester Examination:

The question paper pattern for the End Semester Examination is as follows:

 

Sections

Type

Marks

A

Conceptual / Descriptive Type questions

6 x 2 = 12

B

Conceptual / Descriptive Type questions

5 x 5  =   25

C

Analytical / Essay Type Questions

3 x 15 = 45

D

Case Study

1 x 18 = 20

§  Section A

Conceptual / Descriptive Type questions 6 out of 8 questions of 2 mark each.

§  Section B

Analytical / Essay type questions with choice – 5 out of 7 questions of 5 marks each

§  Section C

Analytical/ Essay type questions with choice – 3 out of 5 questions of 15 marks each

§  Section D

One Compulsory Question – 18 marks

 

Continuous Internal Assessments:

 

CIA – 1  and 3 : Continuous Internal Assessment

Written (reports) – Group or Individual, Understanding of the subjects, Participative learning, Presentation and VIVA, Quiz, Multiple choice based test etc.

CIA – 2:  Continuous Internal Assessment - Mid Semester Exam

Mid Semester Exam marks will be taken for Internal Assessment. MSE marks will be reduced to 25 for this purpose. The question paper pattern for the Mid Semester Examination is as follows:

Sections

Type

Marks

A

Short Answer Questions

4x 2 = 8

B

Conceptual / Descriptive Type questions

2 x 5  =   10

C

Analytical / Essay Type Questions

1 x 15 = 15

D

Case Study

1 x 17 = 17

 

Attendance:

The marks distribution for attendance is as follows:

95 – 100%       -           5 marks

90 – 94%         -           4 marks

85 – 89%         -           3 marks

80 – 84%         -           2 marks

76 – 79%         -           1 mark

AEN121 - ADDITIONAL ENGLISH (2018 Batch)

Total Teaching Hours for Semester:45
No of Lecture Hours/Week:3
Max Marks:50
Credits:2

Course Objectives/Course Description

 

Course Objectives

 

The objectives of this course are

 

 to introduce the students to look at India and the Indian subcontinent through Literature

 

 to inculcate literary sensibility/taste among students across curriculum

 

 to improve language skills – reading, writing and listening

 

 to enable students to grasp and appreciate the variety and abundance of Indian writing,

 

of which this compilation is just a passing glance.

Course Outcome

The students would be

 

 initiated into becoming more culturally, ethically, socially and politically aware

 

 able to engage with cultural, social, religious and ethnic diversities in India and around.

Unit-1
Teaching Hours:11
Poetry
 

Poetry (Any 4 of these) 11 hours

 

1. Meena Kandasamy: “Algorithm for Converting a Shudra into a Brahmin”

 

2. Salma: “New Bride, New Night”

 

3. Kamala Das: “Punishment in Kindergarten”

 

4. Thangjam Ibopishak: “I Want to be Killed by an Indian Bullet”

 

5. Sarojini Naidu: “Palanquin Bearers”

 

6. Sitakant Mahapatra: “The Election”

 

7. Jean Arasanayakam: “Nallur” (Srilanka)

 

8. Nissim Ezekiel: “Goodbye Party to Miss Pushpa T S”

 

 

Unit-2
Teaching Hours:12
Essays
 

Essays (Any 4 of these)

 

1. Devdutt Patnaik: Introduction to Myth=Mithya

 

2. Jawaharlal Nehru: “Tryst with Destiny”. August 15, 1947

 

3. U R Ananthamurthy: “What Type of Reservation Do We Need? Or “The Sacrificial Ritual

 

of Equal Opportunity to Education in Common Schools”

 

4. Suketu Mehta: “Bhopal Lives”

 

5. Ruskin Bond: “Escape from Java” or “Voting at Barlowganj”

 

6. Romesh Gunasekara: “Mess” (Sri Lanka)

Unit-3
Teaching Hours:12
Short Stories
 

 

 

Short Stories (Any 4 of these)

 

1. Sadat Hassan Manto: “Toba Tek Singh”

 

2. Mamang Dai: “Travel the Road”

 

3. Folktale told by Ruskin Bond: “How a Tribal Boy became a King”

 

4. Manoj Das: “The Crocodile’s Lady”

 

5. Temsula Ao: “The Journey”

 

6. Thakazhi Shivashankara Pillai: “In the Flood”

Unit-4
Teaching Hours:10
Novella
 

 

Novella (Any one of these)

 

1. Anita Desai: “The Museum of Final Journeys” or

 

2. Irawathi Karve: “Draupadi” from Yuganta: The End of an Epoch

Text Books And Reference Books:

Textbook  Blends

Essential Reading / Recommended Reading

Yuganta: The End of an Epoch

 

Evaluation Pattern

Evaluation Pattern

 

 

CIA 1: A written test for 20 marks. It can be an Open Book test, a

classroom assignment, an objective or descriptive test pertaining to

the texts and ideas discussed in class.

 

 

CIA2: Mid-semester written exam for 50 marks

 

 

CIA 3: This is to be a creative test/ project in small groups by

students. They may do Collages, tableaus, skits, talk shows,

documentaries, quizzes, presentations, debates, charts or any other

creative test for 20 marks. This test should allow the students to

explore their creativity and engage with the real world around them

and marks can be allotted to students depending on how much they

are able to link the ideas and discussions in the texts to the world

around them.

 

 

 

 

Question Paper Pattern

 

 

Mid Semester Exam: 2 hrs

 

 

Section A 4x5= 20

 

 

Section B 2x15=30

 

 

Total 50

 

 

End Semester Exam: 2 hrs

 

 

Section A 4 x 5 = 20

 

 

Section B 2x 15= 30

 

 

Total 50

 

 

BBF131 - FINANCIAL ACCOUNTING - I (2018 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

This course revisits and strengthens fundamental accounting principles and processes, culminating in the preparation of the financial statements of a sole proprietorship business. It also provides an introduction to certain fundamental Indian Accounting Standards (Ind ASs), besides completing the accounting modules for partnership firms, i.e. discussing the accounting treatment for dissolution, amalgamation, and sale of partnership firms.

Course Outcome

On completing the course students will be able to:

1.       Discuss and apply fundamental accounting concepts, principles and conventions

2.       Record basic accounting transactions and prepare annual financial statements for a sole proprietorship business

3.       Discuss and apply Ind ASs on Inventories; Revenue; Property, Plant and Equipment; and Investment Property

4     Record accounting transactions on the dissolution, amalgamation, and sale of partnership firms

 

Unit-1
Teaching Hours:12
Overview of accounting principles and procedure
 

(i)     Introduction to accounting; Double-entry system; Ind AS 1: Financial statements, purpose, general features (true and fair view, going concern, accrual basis, materiality and aggregation, offsetting, frequency of reporting, comparative information, consistency);Other assumptions and conventions (business entity, money measurement, conservatism)

Basic accounting procedure: journal entries, ledgers, subsidiary books, cash book, capital and revenue expenditure/receipts, rectification of errors, trial balance, bank reconciliation statement

Unit-2
Teaching Hours:8
Preparation of financial statement for sole proprietors
 

Preparation of Statement of Profit and Loss and Balance Sheet: structure, contents; problems based on trial balance and adjustments.

Unit-3
Teaching Hours:8
Fundamental Indian Accounting Standards
 

(i)     Ind AS 2 (Inventories): measurement—cost, cost formulas, net realizable value; recognition as an expense; basic problems

(ii)   Ind AS 18 (Revenue): measurement; identification of transaction; sale of goods; rendering of services; interest, royalties and dividends; basic examples.

(iii)Ind AS 16 (Property, Plant and Equipment): measurement at recognition; depreciation, depreciation method, change in method (Ind AS 8)de recognition; problems on the above

Ind AS 40 (Investment Property): recognition, measurement, transfers, disposals; basic problems

Unit-4
Teaching Hours:12
Dissolution of Partnership Firm
 

Accounting procedure for closing of books of account—journal entries, ledger accounts; piecemeal distribution, insolvency of partners, Garner Vs Murray rule, applicability in India, deficiency account, treatment of unrecorded assets and liabilities

Unit-5
Teaching Hours:10
Amalgmation of firm
 

Meaning and objectives; journal entries and ledger accounts to close the books of amalgamating firms; accounting treatment of assets and liabilities not taken over by the new firm; treatment of goodwill; opening entries in the books of the new firm; balance sheet of the new firm

Unit-6
Teaching Hours:10
Sale of Partnership Firms
 

Introduction; need for conversion; meaning of purchase consideration; methods of calculating purchase consideration—net payment method, net asset method; passing of journal entries and preparation of ledger accounts in the books of vendor; treatment of certain items—dissolution expenses, unrecorded assets and liabilities, assets and liabilities not taken over by the purchasing company, contingent liabilities, non-assumption of trade liabilities; in the books of purchasing company—passing of incorporation entries, treatment of security premium, fresh issue of shares and debentures to meet working capital, preparation of balance sheet

Text Books And Reference Books:

Essential Reading

1.       Jain S. P., & Narang K. L., (2013). Financial Accounting (19ed.). Mumbai: Kalyani

2.       Institute of Chartered Accountants of India. Indian Accounting Standards (IND ASs)

 

Essential Reading / Recommended Reading

Recommended Reading

1.       Maheswari S. N., & Maheswari S. K. (2012). Financial Accounting. New Delhi: Vikas

2.       Arulanandam M.A., & Raman K. S. (2014). Advanced Accountancy (6ed.). Mumbai: Himalaya Publishing House

 

Evaluation Pattern

End Semester Examination (ESE)                                       :           50%

Mid Semester Examination (CIA-2)                                   :           25%

Continuous Internal Assessments (CIA- 1 & 3)               :           20%

Attendance                                                                               :           05%

Total                                                   :          100%

BBF132 - BUSINESS ECONOMICS (2018 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

a.                  To provide specialized skills in the field of Global finance and Auditing with balanced higher knowledge in Commerce.

b.                  To create professional competence to take up independent positions in the areas of Accounting,Auditing& Risk Management in different industry sectors.

c.                   To inculcate initiative and professional outlook in students for better industry acceptance.

d.                  To create higher levels of specialized career opportunities.

e.         To create a stronger foundation for taking up specialized education and research.

 

 

Course Outcome

On completing the course students will be able to:

1.      Define and remember basic concepts of Economics applicable to business

2.      Explain and identify key factors affecting/ determining economic variables such as demand, supply, price ofproducts and factors of products

3.      Compare different market types and their functioning

 

 

 

 

 

Describe and evaluate theories of consumer behaviour, production and factor price determination

Unit-1
Teaching Hours:3
Business Economics
 

Meaning- characteristics – distinction between business economics and pure economics – scope of business economics – uses/objectives of business economics

Unit-2
Teaching Hours:6
Consumption Analysis
 

Approaches to the study of consumer behaviour - cardinal approach - law of Equi-marginal utility, ordinal approach - indifference curve analysis - properties – consumer surplus – meaning - analysis - limitations

Unit-3
Teaching Hours:9
Demand and Supply (Market) analysis ? I
 

Demand (Determinants, Demand function) - Law of Demand – Variations in demand, Supply (Determinants, Supply function) – Law of Supply –Variations in Supply, Market equilibrium and changes in equilibrium (reference to product markets & factor markets), Interference with market prices - Minimum price & Maximum price and its effect, Market failure – meaning & types - Public goods – Externalities - Merit goods - Demerit goods

Unit-4
Teaching Hours:10
Demand and Supply (Market) analysis - II
 

Demand: Elasticity of Demand – Price elasticity of demand –factors determining elasticity of demand – its measurement and its application in business decisions, concepts of Income& Cross-Promotional elasticity of demand, Supply: Elasticity of Supply – factors determining elasticity of supply, Demand forecasting- Survey and statistical methods

Unit-5
Teaching Hours:7
Production Analysis
 

Production Analysis: Production – Firm and Industry – Production function – Production runs or Periods (short run and long run) – Production in the short run – Law of variable proportions – Production in the long run – Returns to scale (increasing, constant and decreasing returns to scale) – Economies of scale and Diseconomies of scale

Unit-6
Teaching Hours:5
Cost & Revenue Analysis
 

Cost - Cost concepts (Absolute cost and opportunity cost, Accounting cost and Economic cost) – Fixed and Variable cost – TC, AC & MC, Cost-output relationship in the short run - Cost-output relationship in the long run.

Revenue – TR, AR & MR - Revenue with no change in price – Revenue with change in price. 

Unit-7
Teaching Hours:12
Market Structure
 

Perfect Competition: Assumptions, price and output decisions. Equilibrium of the firm and the industry in the short and the long runs, including industry’s long run supply, producer surplus. Shut down point under perfect competition market, Monopoly: Behaviour of a monopolist in the short and the long run. Price discrimination by a monopolist-1st degree, 2nd degree and 3rd degree.

Monopolistic competition, concept of excess capacity

Oligopoly- Collusive & Non-collusive models of Oligopoly

Unit-8
Teaching Hours:8
Factor Pricing
 

Marginal productivity theory of distribution

Rent - Recardian and modern theories of rent.

Wages - Modern theory of wages, wage differentials and collective bargaining,
Interest - Loanable fund and Liquidity preference theories of interest,
Profit - Uncertainty and Innovation theories of profit.

Text Books And Reference Books:
  1. Dwivedi (2009): Essentials of Business Economics, Vikas Publishing House
  2. Salvatore & Srivatsava (2012): Managerial Economics, 7th Edition, Oxford University Press

 

Essential Reading / Recommended Reading
  1. Allen, Weigelt, Doherty & Mansfield (2012): Managerial Economics, 8th Edition, W. W. Norton & Company
  2. Atmanada (2009): Managerial Economics, 2nd Edition, Excel Books
  3. Dransfield (2009): Business Economics, Routledge
  4. Gillespie (2013): Business Economics, 2nd Edition, Oxford University Press
  5. Gupta (2011): Managerial Economics, 2nd Edition, TMH
  6. Keat, Young & Banerjee (2011): Managerial Economics, 6th Edition, Pearson
  7. Maheshwari (2012): Managerial Economics, 3rd Edition, PHI
  8. Michaels (2011): Economics for Managers,Cengage Learning
  9. Nellis& Parker (2006): Principles of Business Economics, 2nd Edition, Pearson
  10. Petersen, Lewis & Jain (2006):Managerial Economics, 4th Edition, Pearson

11.  Sloman, Hinde& Garratt: Economics for Business (2013), 6th Edition, Pearson

Evaluation Pattern

End Semester Examination (ESE)                                       :           50%

Mid Semester Examination (CIA-2)                                   :           25%

Continuous Internal Assessments (CIA- 1 & 3)               :           20%

Attendance                                                                               :           05%

Total                                                   :          100%

BBF133 - COST ACCOUNTING (2018 Batch)

Total Teaching Hours for Semester:60
No of Lecture Hours/Week:4
Max Marks:100
Credits:4

Course Objectives/Course Description

 

The course aims to provide conceptual understanding of cost accounting. It focuses on the computation of various components of cost, such as material, labour, and overheads. It also covers modules on specific cost accounting methods like job costing and contract costing, and process costing.

Course Outcome

On completing the course students will be able to:
1.    Discuss the basic concepts and classification of cost
2.    Compute various components of cost
3.    Apply the methods of cost accounting in ascertaining cost for different sectors
4.    Discuss the reasons and need for reconciliation of cost and financial statements, and prepare reconciliation statements

Unit-1
Teaching Hours:10
Introduction to Accounting
 

Introduction – Definition – Fundamental Principles –Scope, Functions and objectives – Merits & Demerits –Methods & Techniques-Cost Accounting and financial accounting comparison; Elements of Cost – Cost vs. Expense- Cost Centre, Cost Unit & Cost object- Classification of Cost- Costs for decision making - Installation of Costing system - Cost Sheet - Tenders and Quotations (Problems)

Unit-2
Teaching Hours:8
Materials
 

Meaning and classification of material- Purchase Procedure& documentation - Store Keeping Functions; Inventory Control - Fixation of Levels- Periodical and Perpetual Inventory, ABC Analysis, EOQ (Problems); Stores issue - Methods of Pricing of materials – FIFO – LIFO - Simple and Weighted Average Methods. (Problems)

Unit-3
Teaching Hours:8
Labour
 

Meaning & classification of Labour- Attendance and payroll procedure- Time Keeping - Methods of Time Keeping - Time Booking – Records - Idle Time - Causes for Idle Time - Treatment of Idle Time – Overtime – Labour Turnover—Labour Remuneration - Features of Good Wage System –Remuneration system and incentive schemes (Problems)

Unit-4
Teaching Hours:10
Overheads
 

Meaning and definition –Classification of Overheads- Allocation & Apportionment of overheads (Primary Distribution) Apportionment of Service Department Costs to Production Departments (Secondary Distribution- Reciprocal basis). Absorption of Overheads - Methods - percentage of Direct Material Cost - Direct Labour Cost - Prime Cost - Direct Labour Hour Rate and Machine Hour Rate

Unit-5
Teaching Hours:8
Contract Costing
 

Meaning and nature- Difference between Job Costing and Contract Costing – Preparation of Contract Accounts- Ascertainment of Profit/Loss on Contract – Work In Progress and Balance Sheet –Profits on incomplete contracts-Cost Plus and Estimated Contracts (Problems)

Unit-6
Teaching Hours:8
Process Costing
 

Meaning and nature- Preparation of process Accounts- Normal Loss - Abnormal Loss/gain - (Including Inter-Process Profit and Equivalent Production) Preparation of Process Accounts and Joint and By-Products

Unit-7
Teaching Hours:8
Reconciliation of Cost and Financial Accounts
 

Need for reconciliation- Reasons for difference in profits- Reconciliation (Problems)

Text Books And Reference Books:

1.       Horngren T. Charles, Datar M. Srikant and Rajan V. Madhav. (2014) Cost Accounting: A Managerial Emphasis, 15th Edition, Prentice Hall publishers, Delhi

2.       Arora M N – (2012) A Text book of Cost & Management Accounting, Vikas Publishing, New Delhi

3.       Lal Jawahar, Srivastava Seema. (2013) Cost Accounting, 5thEdition, Tata Mcgraw-Hill, Delhi

 

Essential Reading / Recommended Reading