Syllabi and Courses of Reading
For
Bachelor of Commerce(Accounting & Finance) Part-III(Semester V & VI)
FOR 2019-20, 2020-21 & 2021-22 SESSIONS

BACHELOR OF COMMERCE (ACCOUNTING AND FINANCE) THIRD YEAR
FOR 2019-20, 2020-21 & 2021-22 SESSIONS
Bachelor of Commerce (Accounting and Finance) Fifth Semester

	Paper	Marks	
BAF 501	Cost Accounting	100	
BAF 502	Corporate Tax Planning	100	
BAF 503	Financial  Services	100	
BAF 504	Research Methodology & Statistical Techniques	100	
BAF 505	Project Planning and Control	100	

Bachelor of Commerce (Accounting and Finance) Sixth Semester

	Paper	Marks	
BAF 601	Strategic Cost Accounting	100	
BAF 602	Security Analysis and Portfolio Management	100	
BAF 603	Corporate Finanacial Accounting	100	
BAF 604	Contemporary Auditing	100	
BAF 605	Company Law 	100	

(2019-20, 2020-21 & 2021-22)
BACHELOR OF COMMERCE (ACCOUNTING AND FINANCE)
FIFTH SEMESTER

BAF-501
COST ACCOUNTING
Time Allowed: 3 Hrs.						Max. Marks: 100
Period per week : 6						External Assessment: 70
Pass percentage : 35%						Internal Assessment: 30
Note : Simple Calculator(not scientific) is allowed

Instructions for Paper-Setters/Examiners
The question paper covering the entire course shall be divided into three sections as follows:
SECTION-A
It will consist of essay type and numerical questions. Four questions, two theory and two numerical, shall be set by the examiner from Unit-I of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-B
It will consist of essay type and numerical questions. Four questions, two theory and two numerical, shall be set by the examiner from Unit-II of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-C
It will consist of 12 very short answer questions from entire syllabus. Students are required to attempt 10 questions  up to five lines in length. Each question shall carry 3 marks; total weight of the section shall be 30 marks

UNIT-I
Introduction: Nature and Scope of Cost Accounting, Cost concepts and classification, Installation of Costing System.
Accounting for material: Material control, concept and techniques, Pricing of Material issues, Treatment of material losses.
Accounting for Labour: Labour turnover, Idle time and overtime; Methods of Wage Payment.

UNIT-II
Accounting for overhead: Classification and departmentalisation, Absorption of overheads, Determination of overhead rates, Job, Batch and contract costing,  operation Costing, Process costing including Joint product and by product.

Reference Books :
1.	S.P. Jain "Cost Accounting", Kalyani Publishers
2.	Jawalar Lal "Cost Accounting", (Tata Mcgraw Hill),
3.	M.N. Arora "Cost Accounting", Bhattacharya (Vikas Publishing House),
4.	Asish K. (Prentice Hall),
5.	V.K. Saxena, C.D. "Cost Accounting", Vashish (Sultan Chand & Sons)

(2019-20, 2020-21 & 2021-22)
BAF-502
Corporate Tax Planning
Time Allowed: 3 Hrs.						Max. Marks: 100
Period per week : 6						External Assessment: 70
Pass percentage : 35%						Internal Assessment: 30
Note : Simple Calculator(not scientific) is allowed

Instructions for Paper-Setters/Examiners
The question paper covering the entire course shall be divided into three sections as follows:
SECTION-A
It will consist of essay type and numerical questions. Four questions shall be set by the examiner from Unit-I of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-B
It will consist of essay type and numerical questions. Four questions shall be set by the examiner from Unit-II of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-C
It will consist of 12 very short answer questions from entire syllabus. Students are required to attempt 10 questions  up to five lines in length. Each question shall carry 3 marks; total weight of the section shall be 30 marks

Unit-I
	Introduction to Tax Management; Concept of Tax Planning, Tax avoidance and tax evasions; Methods of tax planning; Justification of tax.
	Tax Planning for New Business: Tax Planning, with reference to location, nature and form of organization of new business.
	Tax Issues relating to Amalgamation: Tax Planning with reference to amalgamation.

Unit-II
	Tax Planning and Financial Management Decisions: Tax Planning relating to capital structure decision; Dividend policy, Inter corporate dividends and bonus shares.
	Tax Planning and compensation package; Double taxation avoidance agreements tax planning and non-residents; Tax payments; Tax deduction and Collection at source, Advance payment of tax.

Reference Books:
1.	Ahuja Dr. Girish "Corporate Tax Planning" Bharat Law House,
2.	Kumar Kaushal " Corporate Tax Planning" Atlantic Pub.
3.	Lakhotia R.N. "Corporate Tax Planning" Taxmann's Publishers

(2019-20, 2020-21 & 2021-22)

BAF-503
Financial Services
Time allowed : 3 hours 						Max Marks: 100 
Pass Marks : 35%                                                                           	Internal Assessment:  30
Periods per week : 6 							External Assessment: 70
Instructions for Paper-Setters/Examiners
The question paper covering the entire course shall be divided into three sections as follows:
SECTION-A
It will consist of essay type questions. Four questions shall be set by the examiner from Unit-I of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
.
SECTION-B
It will consist of essay type questions. Four questions shall be set by the examiner from Unit-II of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
.
SECTION-C

It will consist of 12 very short answer questions from entire syllabus. Students are required to attempt 10 questions  up to five lines in length. Each question shall carry 3 marks; total weight of the section shall be 30 marks

UNIT-I
Financial Services- Meaning, Types, Nature & Role; Evolution of Financial Services in India, Financial Services in India- An overview, Merchant Banking: Role, Services, SEBI guidelines, recent development; Leasing and Hire Purchase in Indian context. Mutual Funds in India.
UNIT-II

Factoring & Forfieting, Venture Capital: Characteristics and SEBI guildelines; Housing Finance: growth and types, NHB and other housing finance institutions, Prudential norms for housing fiance companies, Securitisation of housing loans; Consumer Finance: growth and types; Credit rating services in Indian context: Signifinace, Type, Regulation, Credit Rating Agencies. 

Reference Reading:
1.	Financial Markets & Institutions			L. M. Bhole
2.	Financial Markets & Institutions			Gordon and Natrajan
3.	Indian Financial System				M. Y. Khan
4.	Management of Financial Institutions & Markets	G. S. Batra

(2019-20, 2020-21 & 2021-22)

BAF-504
Research Methodology & Statistical Techniques

Time Allowed: 3 Hrs.						Max. Marks: 100
Period per week : 6						External Assessment: 70
Pass percentage : 35%						Internal Assessment: 30
Note : Simple Calculator(not scientific) is allowed

Instructions for Paper-Setters/Examiners
The question paper covering the entire course shall be divided into three sections as follows:
SECTION-A
It will consist of essay type questions. Four questions shall be set by the examiner from Unit-I of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-B
It will consist of essay type questions. Four questions shall be set by the examiner from Unit-II of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-C
It will consist of 12 very short answer questions from entire syllabus. Students are required to attempt 10 questions  up to five lines in length. Each question shall carry 3 marks; total weight of the section shall be 30 marks

Unit-I
Introduction to Research: Nature, Objective, Types & Utility, Process of Research.
Hypothesis: Meaning, Nature, Importance, Types, Criteria for construction of Hypothesis, Sources of deriving Hypothesis, Data Collection Method.
Primary Sources: Observation, Interview, Questionnaire, Schedules, Surveys
Secondary Source: Types and sources of locating secondary data and computer assisted information acquisition.

Unit-II
Sampling Methods: Probability and non probability methods, Sampling frame, Sampling design, Sampling and non Sampling errors, size of sample,
Statistical Analysis of Data: Probability distribution, Binomial, Poisson and Normal distribution, Testing of hypothesis: Procedure, Measuring Power of test, Test of hypothesis: Parametric & Non Parametric tests different test of significance type I and II error
Statistical Test: Chi square, t-test, f-test, z-test & w-test.

Reference Books:
1.	C.R.Kothari " Research Methodology & Statistical Tech" (New Age International
2.	Chaudhary CM  " Research Methodology" (RBSA)
3.	Gupta S.P. "Statistical Methods" Sultan Chand
4.	Pannersel VAM.R " Research Methodology" PHI Learning

(2019-20, 2020-21 & 2021-22)
BAF-505
Project Planning and Control

Time Allowed: 3 Hrs.						Max. Marks: 100
Period per week : 6						External Assessment: 70
Pass percentage : 35%						Internal Assessment: 30

Instructions for Paper-Setters/Examiners
	The question paper covering the entire course shall be divided into three sections as follows:
SECTION-A
	It will consist of essay type questions. Four questions shall be set by the examiner from Unit-I of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-B
	It will consist of essay type questions. Four questions shall be set by the examiner from Unit-II of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-C
It will consist of 12 very short answer questions from entire syllabus. Students are required to attempt 10 questions  up to five lines in length. Each question shall carry 3 marks; total weight of the section shall be 30 marks

UNIT–I
	Project Identification, Formulation and Planning: Understanding environment for business opportunities, Idea generation, short listing and selection of product/services stages in Venture Appraisal-Technical, Financial, Economic and Social Appraisal. Location, Factory Design and Layout. Social Cost- Benefit Analysis (broader concept only). Feasibility Report Preparation for new Enterprise- format and contents.
	Market Appraisal: Market Survey– Design, Data Sources and Methodology, Market Segmentation and product differentiation, Forecasting Future demand and Distribution Analysis. 
UNIT–II
	Application of Capital Budgeting Techniques, Risk and Uncertainty Analysis for the new enterprise, Planning Capital Structure and Financing Project, Financial viability Study.
	Project Implementation and Management: Project Organisation and Control Network Analysis –PERT &  CPM, Cost and Time Over-run Project Follow up and Monitoring.

Reference Books:
1.   	Chandra, Prasanna: Project Prepartation, Appraisal and Implementation, Tata  Mc 	Graw 	Hill, N. Delhi.
2.	Desai, Vasant: Entrepreneurial Development, Vol.II Project Formulation Appraisal 	and 	Financing for Small Industry, Himalaya Publ. N. Delhi.
3.     	 Nicholas: Project Management for Business and Technology: Principles and  Practice 	(Prentice  Hall of India, N. Delhi.
4.     	 Pitala: Project Appraisal Techniques, Oxford & IBH Publication.
5.      	Yound, Trevour L. : Planning and Implementing Project, Sterling Publishing Ltd.
6.	Krishnan and Moorthy : Text Book of Project Management, Mac Millan India  Ltd.
7.	Singh, Narendra : Project Management & Control, Himalaya Publ., N. Delhi.

(2019-20, 2020-21 & 2021-22)
BACHELOR OF COMMERCE (ACCOUNTING AND FINANCE) 
SIXTH SEMESTER

BAF-601
Strategic Cost Accounting

Time Allowed: 3 Hrs.						Max. Marks: 100
Period per week : 6						External Assessment: 70
Pass percentage : 35%						Internal Assessment: 30
Note : Simple Calculator(not scientific) is allowed

Instructions for Paper-Setters/Examiners
The question paper covering the entire course shall be divided into three sections as follows:
SECTION-A
It will consist of essay type and numerical questions. Four questions shall be set by the examiner from Unit-I of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-B
It will consist of essay type and numerical questions. Four questions shall be set by the examiner from Unit-II of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-C
It will consist of 12 very short answer questions from entire syllabus. Students are required to attempt 10 questions  up to five lines in length. Each question shall carry 3 marks; total weight of the section shall be 30 marks

Unit-I
	Traditional Costing System: Cost Management system; concepts, factors affecting cost management, Cost assignment; Direct tracing, Driver tracing and allocation, Cost behaviour.
	Strategic Cost Management; Concept and Philosophy, Key elements in SCM, Value Chain Analysis, Strategic Positioning, and Cost driver analysis, Activity based Costing

Unit-II
	Activity Based Management and Activity Based Budgeting: Target costing, Life cycle costing, Kaizen costing, Back Flush Costing.
	Cost Management and Performance Evalution, Evaluation Criterion; Return on capital system, The Balanced Scorecard; Strategic Based Control; Concept, process and Implementation of balanced scorecard.

Reference Books:
1.	Bhattacharya K. Ashish "Cost Accounting" Prentice Hall
2.	Sexena V.K. "Cost Accounting" Sultan Chand
3.	Shank Govindarajan "Strategic Cost Management"
4.	Mishra Aggarwal " Strategic Cost Management" RBSA Pub.
5.	Cost Management "Blocher" Tata Mc Graw Hill

(2019-20, 2020-21 & 2021-22)
BAF-602
Security Analysis and Portfolio Management

Time Allowed: 3 Hrs.						Max. Marks: 100
Period per week : 6						External Assessment: 70
Pass percentage : 35%						Internal Assessment: 30

Instructions for Paper-Setters/Examiners
The question paper covering the entire course shall be divided into three sections as follows:
SECTION-A
It will consist of essay type questions. Four questions shall be set by the examiner from Unit-I of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-B
It will consist of essay type questions. Four questions shall be set by the examiner from Unit-II of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-C
It will consist of 12 very short answer questions from entire syllabus. Students are required to attempt 10 questions  up to five lines in length. Each question shall carry 3 marks; total weight of the section shall be 30 marks

Unit-I
	Investment- Meaning, Return and Risk, Asset Allocation decision, selecting investment in global market, Organisation and Functioning of security market.
	Valuation model of equity shares, preference shares and debenture
	Investment Analysis: Fundamental analysis covering industry, Company & Technical Analysis.

Unit-II
	Portfolio Management- Concept, Objective & significance
	Portfolio Theories: Markowitz model, Sharpe model, Capital asset, Pricing model, Arbitrage Pricing theory.
	Techniques of portfolio revision; scope and formula plans, portfolio performance evaluation.

Reference Books:
1.	Fischer E. Donald " Security Analysis & Portfolio Management" Prentice Hall.
2.	Bhatt Sudhindra " Security Analysis Portfolio Management" Excel Books
3.	Bhalla V.K. "Investment Management" Sultan Chand
4.	Parsonna Chandra "Investment Analysis & Portfolio Managment"  

(2019-20, 2020-21 & 2021-22)

BAF-603
Corporate Financial Accounting

Time Allowed: 3 Hrs.						Max. Marks: 100
Period per week : 6						External Assessment: 70
Pass percentage : 35%						Internal Assessment: 30
Note : Simple Calculator(not scientific) is allowed

Instructions for Paper-Setters/Examiners
The question paper covering the entire course shall be divided into three sections as follows:
SECTION-A
It will consist of essay type and numerical questions. Four questions, two theory and two numerical, shall be set by the examiner from Unit-I of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-B
It will consist of essay type and numerical questions. Four questions, two theory and two numerical, shall be set by the examiner from Unit-II of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-C
It will consist of 12 very short answer questions from entire syllabus. Students are required to attempt 10 questions  up to five lines in length. Each question shall carry 3 marks; total weight of the section shall be 30 marks
Unit-I
Indian Accounting standards- Developments, Role of ASB, Progress in standard setting in India, Convergence of Indian Accounting Standards with International Standards: Need and Status, IASB, Ind AS I, Ind. AS 2, Ind. AS 7
Corporate Reporting- Meaning, objectives, Recent trend in corporate reporting in India (Including Business Responsibility Report).
Value Added Accounting- Meaning, Measurement, EVA in India

Unit-II
Accounts for holding companies, Accounts for Banking Companies, Accounts for Insurance Companies, Branch Accounting, Departmental Accounting, Accounting for co-operative societies.

Reference Books:
1.	Jyenger S.P. "Advance Accounting" Sultan Chand
2.	Gupta R.L. "Advance Accounting" Sultan Chand
3.	Sehgal Ashok " Advance Acounting" Taxmann Pub.
4.	Meheshwari S.N. " Advance Accounting" Vikas Pub.

(2019-20, 2020-21 & 2021-22)

BAF-604
Contemporary Auditing
Time Allowed: 3 Hrs.						Max. Marks: 100
Period per week : 6						External Assessment: 70
Pass percentage : 35%						Internal Assessment: 30

Instructions for Paper-Setters/Examiners
The question paper covering the entire course shall be divided into three sections as follows:
SECTION-A
It will consist of essay type questions. Four questions shall be set by the examiner from Unit-I of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-B
It will consist of essay type questions. Four questions shall be set by the examiner from Unit-II of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-C
It will consist of 12 very short answer questions from entire syllabus. Students are required to attempt 10 questions  up to five lines in length. Each question shall carry 3 marks; total weight of the section shall be 30 marks

Unit-I
Auditing – Meaning, Objectives, Advantages, Classification of Audit, Internal Audit, Internal Control, Internal Check, Audit Planning, Cost Audit, Management Audit, Audit Report.

Unit-II
Vouching- Meaning and Importance, Vouching of Cash Transaction, Vouching of trading transaction, Verification of Assets and Liabilities.
Company Audit- Right, Duties and Liabilities of Auditor, Appointment of Auditor.

Reference Books:
1.	Kamal Gupta " Contemporary Auditing " (Tata Mc Graw Hills),
2.	Ravinder Kumar & Virender Sharma " Fundamentals of Practical Auditing" (Prentice
       Hall of India)
3.	S.D. Sharma " Auditing (Principles & Practice" Taxman Allied Services

(2019-20, 2020-21 & 2021-22)

BAF-605
Company Law
Time Allowed: 3 Hrs.						Max. Marks: 100
Period per week : 6						External Assessment: 70
Pass percentage : 35%						Internal Assessment: 30

Instructions for Paper-Setters/Examiners
The question paper covering the entire course shall be divided into three sections as follows:
SECTION-A
It will consist of essay type questions. Four questions shall be set by the examiner from Unit-I of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-B
It will consist of essay type questions. Four questions shall be set by the examiner from Unit-II of the syllabus and the candidate shall be required to attempt two. Each question shall carry 10 marks; total weight of the section shall be 20 marks.
SECTION-C
It will consist of 12 very short answer questions from entire syllabus. Students are required to attempt 10 questions  up to five lines in length. Each question shall carry 3 marks; total weight of the section shall be 30 marks

UNIT - i
Company : Meaning, features, The Concept of Lifting of Corporate Veil, Emerging Types of Companies. Formation of Company –Promotion & Registration; Preliminary contracts; Memorandum of Association; Articles of Association; Prospectus; Shares & Share Capital, Book Building Process,Dematerlisation of Shares, ASBA System, Transfer & Transmission of Shares, Buyback of Shares.
UNIT - ii
	Directors; Borrowing Powers (including debentures); Members; Managerial remuneration, Meetings (including Board Meetings); Majority Powers and Minority Rights; Winding-up of the company.
Suggested Readings:
1. Avtar Singh: Company Law
2. N. D. Kapoor: Company Law