MASTERS PROGRAMME IN COMMERCE ...Mg University Nominee Hod, Department Of Commerce St. Alberts College 3 Dr. Peter K. T Associate Professor ... (Commerce, 4th Semester, Elective bunch

Master’s Programme in Commerce St. Teresa’s College (Autonomous), Ernakulam

Curriculum and Syllabus 2015 admission onwards Page 1

MASTERS PROGRAMME IN

COMMERCE

RESTRUCTURED UNDER CREDIT

SEMESTER SYSTEM

(M.Com CSS PROGRAMME)

w.e.f The Academic Year 2015-2016



BOARD OF STUDIES IN COMMERCE (PG)

SL.NO. NAME OFFICIAL ADDRESS

1. Dr. Elsamma Joseph

Rtd. Associate Professor

(Chairman)

Department Of Commerce

St.Teresa’s College

Ernakulam

2 Dr. A. M Viswambharan

Associate Professor

Mg University Nominee

Hod, Department Of Commerce

St. Alberts College

3 Dr. Peter K. T

Associate Professor

Member – Subject Expert


S.H. College, Thevara

4 Dominic. M

Associate Professor

Member – Subject Expert


S.H. College, Thevara

5 Dr. Asha E.Thomas

Assistant Professor

Alumnae


St.Pauls College, Kalamassery

6 Harry Rapheal

Imperial Traders Pvt.Ltd.

Industry Expert

Edakunnam Kappela, Cheraneloor



LIST OF TEACHERS WHO CONTRIBUTED TO BOARD OF STUDIES

1. Dr.Alice K A, M.Com, M.Phil,

Retd. Head of the department

Department of Commerce

St.Teresa’s College, Ernakulam

2. Smt. Annie George K, M.Com

Associate professor



3. Adv. Lathiya Gopalan Department of Commerce


4. Dr. Satheesan K P, LLB

Guest faculty



5. Smt. Jini Justin D’Costa, M.Com

Head of the Department (SF)

Department of Commerce SF


6. Smt. Honeymol T P, M.Com

Assistant Professor



7. Smt. Ottina Treasa Mendez, M.Com

Assistant Professor



8. Smt. Lidia Durom, M.Com

Assistant Professor



9. Smt. Kochurani N.V, M.Com,B.Ed

Assistant Professor



10. Mis. Ammu Paul, M.Com

Assistant Professor





ACKNOWLEDGEMENT

The Board of Studies, Department of Commerce (Post Graduate),St.Teresa’s college Autonomous

Ernakulam, take this opportunity to express our deep appreciation to all academicians and

professionals who participated in restructuring the P G course in Commerce. We express our

profound gratitude to Adv.Lathiya Goplalan for her valuable suggestions in updating the syllabi.

The guidance of Dr. Beena Job Associate Professor, Department of English and IQAC Co-

ordinator and Dr. Latha Nair, Associate Professor, Department of English and member of the

Governing Council helped give shape to the overall structure. I wish to express my sincere thanks

to Dr. N. J. Rao,Visiting Professor, International Institute of Information Technology, Bangalore

and Dr. Rajan Gurukal, Former Vice-Chancellor, M.G. University, currently Visiting Professor,

Centre for Contemporary Studies, Indian Institute of Science, for their selfless and timely service

and for giving us all the help and guidance we needed . I also acknowledge my thanks to Dr.

Achuthshankar S. Nair, Professor & Head, Department of Computational Biology and Bio

Informatics, University of Kerala, for his invaluable suggestions.

Dr. Elsamma Joseph

Chairman (Board of Studies)



Foreword

The Higher Education environment is changing rapidly in India and particularly so in the year

2014-15, when the Government of Kerala decided to give autonomy to13 educational institutions

in the state with the aim of improving quality. Quality in Higher education has been a matter of

high concern and priority in India especially after the National Policy on Education 1986 has very

categorically questioned the impact of education and suggested many measures for bringing

innovative practices in education.

The autonomous status asks for more responsibility and increased accountability to frame a

curriculum keeping in mind the ever changing academic environment and the plethora of demands

placed by the diversity of students who have a high literacy level when it comes to choosing their

course.

Keeping in mind that the purpose of Higher Education is the development of the people, society

and environment, special care has been taken by the IQAC team at St. Teresa’s College to give the

necessary Orientation and to conduct Workshops related to curricula and scientific syllabus design

as part of the Faculty Development Programme. Curriculum relates to the total experience of the

student and it should contain knowledge that is essentially valid. The Graduate and Post Graduate

Departments have worked diligently to frame curricula and develop programmes that foster

analytical ability and critical thinking and enable the students to acquire the skills required by

employers. The pedagogy adopted within the context of curriculum is to facilitate valid

transmission of knowledge and proper evaluation of the same. The Courses designed at the

Graduate and Post Graduate Levels have defined the competencies to enable effective

teaching/learning of all the modules of the courses, both Core (compulsory) and Designate

(elective). The blueprint of the final assessment of every course guarantees that all modules are

taught and furthers integrity. The details of the course curriculum and structure are set in

accordance with the course specifications of the affiliating university.

With sincere gratitude I acknowledge the efforts of Dr. N. J. Rao and Dr. Rajan Gurukkal who

extended to us their academic expertise, astute guidance and unstinting support. I also thank Dr.

Achuthshankar S. Nair for his timely guidance. I specially thank all the faculty members and the

IQAC coordinator Dr. Beena Job for their diligence, commitment and exceptional contribution

towards this endeavour.

Dr. Sr. Celine E



CONTENTS Page No.

Preamble

Graduate Attributes

Objectives of the Programme

Course Structure

Detailed Distribution of Courses

Elective

Distribution of credits

Grading and Evaluation

Sessional Evaluation

Final Evaluation

Pattern of Questions

Project Evaluation and Viva Voice

Computation of CCPA

Syllabi

a) Syllabi - Core Courses

b) Syllabi – Elective Courses

Project guidelines



PREAMBLE

The aim of this Master’s degree is to develop top-quality management experts, who have

substantial knowledge and analytical competence in all aspects of management. It also aims to

develop, in students the skills necessary for tax consultancy within the legal and accounting

professions in business. The program equips students with the means to become a creative and

critical thinker who can shape the environment in which they operate and to possibly become a

leader in their field.



GRADUATE ATTRIBUTES

On completion of M.com programme in commerce, students should be able to demonstrate the

graduate attributes listed below.

Proficiency in new skills expected for future accountants in this changing business environment.

Proficiency in general analysis of the current tax system.

Ability to think logically and critically and to make well-reasoned decisions using advanced

problem-solving skills

Understand the cultural, legal, social and environmental factors that affect, and are affected by,

business operations

Ability to demonstrate leadership while working constructively, cooperatively and respectfully

with other.

Use research-based ideas and insights to address complex business and professional problems

Evaluate competing arguments within the discipline and formulate and present independent and

innovative responses

Offer sound solutions to business and professional challenges by integrating disciplinary

knowledge and techniques with a clear understanding of relevant ethical, social, professional

and/or global considerations.



OBJECTIVES OF THE MASTER’S PROGRAMME IN COMMERCE

AT THE END OF THE 1ST YEAR ( 1ST & 2ND SEM )

To provide adequate basic understanding about accounting & finance education to the students.

To give adequate exposure to the operational environment in the field of accounting & finance.

To prepare students to exploit opportunities being newly created in the accounting field.

To help the students understand the human resource functions in an organisation

AT THE END OF THE 2nd YEAR ( 3ST & 4th SEM )

Acquire breadth and depth of knowledge that is innovative, industry relevant and incorporates the

latest thinking in business

Apply concepts to contemporary business issues and develop your knowledge in a specific

business field.

To create for the students an avenue for employment in the academics and also to benefit Industry

by providing them with suitably trained persons in the field of Accounting & Finance.

To make the students familiar with the assessment and procedure of direct taxes in the country



STRUCTURE OF MASTER’S

PROGRAMME IN COMMERCE



COURSE STRUCTURE

CORE PAPERS

The following is the schematic pattern in which a student will do the Core (Compulsory) and

Elective (Optional) Papers: The Board of Studies identified 17 Core and 3 Elective papers. A short

Dissertation cum Viva is introduced as twenty-first paper and Viva- Voce as the twenty- second

paper of the PG course.

ELECTIVE PAPERS

The proposed Elective Courses have been categorized into one bunch, comprising of five papers.

The elective papers mainly aim to provide specialization in various Commerce disciplines of

contemporary relevance such as Finance and capital market.

Notes:

1. Students must do 17 compulsory papers, 3 elective papers, a Dissertation and a Viva-Voce.

2. Questions shall be set to assess knowledge acquired, standard application of knowledge in

management, Accounting, tax and capital market, critical evaluation of knowledge and ability to

synthesize knowledge.

COURSE CODE

Every course in the programme is coded according to the following criteria.

a) The first two letters of the code indicate the name of the discipline i.e.CO (Commerce).

b) One digit to indicate the semester. E.g., CO1 (Commerce, 1st semester).

c) One letter to indicate the type of course - Core Course – C and Elective Course – E. E.g.,

CO1C (Economics, 1st semester, Core Course), CO1E ( 1st semester Commerce, Elective



Course)

d) Two digits to indicate the number of the course. All the courses are to be numbered

continuously i.e., Core courses 01, 02, 03, etc., across the four Semesters. E.g. CO3C04

(Commerce, 3rd Semester, Core Course, No 04).

For Elective Papers, instead of two digits to represent the number of the course, there shall

be one letter (denoting the elective bunch) and one digit denoting the number of the

elective course. E.g, CO4EA2 (Commerce, 4th Semester, Elective bunch A, Course no. 2)

e) One letter to indicate the Programme, i.e. Master’s – M.

E.g. CO1C04M (Commerce, 1st Semester, Core Course, No 04, Master’s Programme).

Course Code: PG:-

Discipline Sem Core/Elective Course No Programme

2 letter 1 digit 1 letter 2 digit 1 letter

Eg. CO1C04M (Commerce, 1st Semester, Core, Course, No 04, Master’s Programme).



DETAILED DISTRIBUTION OF COURSES

SEM

Name of the course with

course code

No. of

Hrs/week

No. of

credit

Total

Hrs/SEM.

1

CO1C01M Advanced Financial

Accounting I

5 4 90

CO1C02M Principles of Management

and Organisational

Behaviour

5 4 90

CO1C03M Financial Management

Principles

5 4 90

CO1C04M Research Methodology

5 4 90

CO1C05M Quantitative Techniques

5 4 90

2

CO2C06M Advanced Financial

Accounting II

5 4 90

CO2C07M Strategic Management

5 4 90

CO2C08M Financial Management

Strategies

5 4 90



CO2C09M Human Resources

Management

5 4 90

CO2C10M Operations Research

5 4 90

3

CO3C11M Management Accounting 5 4 90

CO3C12M Direct Taxes-Law and

Practice

5 4 90

CO3C13M International Business 5 4 90

CO3C14M Corporate Governance 5 4 90

CO3C15M Business Environment 5 4 90

4

CO4C16M Advanced Cost Accounting 5 3 90

CO4C17M

Direct Taxes-Assessment

and Procedure

5 3 90

CO4EA1M International Finance 5 3 90

CO4EA2M Financial Markets and

Derivatives

5 3 90

CO4EA3M

Security Analysis and

Portfolio Management

5 3 90

Dissertation-Cum- Viva/ - 3

Viva voce - 2

TOTAL CREDITS 80

Table: Structure of PGCSS M.com. Courses



ELECTIVE

There are Elective papers offered in this PGCSS Programme. Each elective consists of a bunch of

theory courses. There are three elective papers in semester IV . The course structure of the Elective

bunches is given below.

The Electives are named as,

Electives Course Code Name of the Course

with

No. of

hours

per

week

Total No

of credits

No. of hours

per Semester

Semester IV

CO4EA1TM

INTERNATIONAL

FINANCE

5 3 90

CO4EA2TM

FINANCIAL

MARKETS AND

DERIVATIVES

5 3 90

CO4EA3TM

SECURITY

ANALYSIS AND

PORTFOLIO

MANAGEMENT

5 3 90



Distribution of Credits

The total credit for the programme is fixed at 80.The distribution of credit points in each semester

and allocation of the number of credit for theory courses, project and viva is as follows. The credit

of theory courses is 4 per Core course and 3 per Elective Courses, the project and viva voce will

have a credit of 3 and 2 respectively. The distribution of credit is shown below.

Semester Courses Credit

Total Credit

I CORE PAPERS 5 4 20

II CORE PAPERS 5 4 20

III

CORE PAPERS 5

4

20

IV

CORE PAPERS 2

ELECTIVES 3

DISSERTATION CUM VIVA

VIVA VOCE

3

3

3

2

6

9

3

2

TOTAL CREDIT OF THE M.COM PROGRAMME

80



STRUCTURE OF PROGRAMME IN COMMERCE

Detailed Distribution of Courses for Master’s Programme in Commerce

Sem

este

r

TITLE OF THE

COURSE

Number

of

hours/

Week

Number

of

credits

Total

hours/

Semester

Exam

Duration

Total Marks

SA FA

1 ADVANCED

FINANCIAL

ACCOUNTING 1

5 4 90 3 25 75

PRINCIPLES OF

MANAGEMENT AND

ORGANISATIONAL

BEHAVIOUR

5 4 90 3 25 75

FINANCIAL

MANAGEMENT

PRINCIPLES

5 4 90 3 25 75

RESEARCH

METHODOLOGY

5 4 90 3 25 75

QUANTITAIVE

TECHNIQUES

5 4 90 3 25 75

II ADVANCED

FINANCILA

ACCOUNTING II

5 4 90 3 25 75

STRATERGIC

MANAGEMENT

5 4 90 3 25 75

FINANCIAL

MANAGEMENT

STRATERGIES

5 4 90 3 25 75

HUMAN RESOURCES

MANAGEMENT

5 4 90 3 25 75

OPERATIONS

RESEARCH

5 4 90 3 25 75

III MANAGEMENT

ACCOUNTING

5 4 90 3 25 75

DIRECT TAXES- LAW

AND PRATICE

5 4 90 3 25 75



INTERNATIONAL

BUSINESS

5 4 90 3 25 75

CORPORATE

GOVERNANCE

5 4 90 3 25 75

BUSINESS

ENVIRONMENT

5 4 90 3 25 75

IV ADVANCED COST

ACCOUNTING

5 3 90 3 25 75

DIRECT TAXES-

ASSESSMENT AND

PROCEDURE

5 3 90 3 25 75

INTERNATIONAL

FINANCE

5 3 90 3 25 75

FINANCIAL

MARKETS AND

DERIVATIVES

5 3 90 3 25 75

SECURITY

ANALYSIS AND

PORTFOLIO

MANAGEMENT

5 3 90 3 25 75

PROJECT/

DISSERTATION

3 100

VIVA –VOCE 2 100

Project

All students have to start the project at the beginning of the third semester which will be

completed in the Fourth semester. There will be one teacher in charge of two students. One

teaching hour will be allotted to that teacher to familiarize the students with research

methodology and project writing. Every teacher in the department will supervise a group of

two or three students in the project work. Students should identify their topics in

consultation with the supervising teacher. Each department has the freedom to select the

area of the project. Credit must be given to original contributions, so students should take

care not to copy from other projects. The project report must be limited to 75 pages. There

must be a bibliography at the end and prescribed methodology of research must be followed

while writing the project report. The project report is to hard bound only. The last date

published for submitting the project is to be adhered to.



EXAMINATIONS



GRADING AND EVALUATION

EXAMINATIONS

The evaluation of each course shall contain two parts such as Sessional and Final. The ratio

between sessional and final shall be 1:3. The Sessional assessment will be made on Mark based

system while Final assessment shall be made using Mark based Grading system based on 7-point

scale.

SESSIONAL EVALUATION

Sessional evaluation is to be done by continuous assessments of the following components. The

components of the sessional for theory and their mark distributions are given in the table below.

The sessional assessment will be fair and transparent. Evaluation of the components shall be

published and acknowledged by students. All documents of sessional shall be made available for

verification. The responsibility of sessional evaluation is vested on the teacher(s) who teach the

course. The two test papers will be in the same model as the final question paper.

EVALUATION AND MARK DISTRIBUTION

a) Final : Sessional Ratio

The final sessional ratio shall be 75:25 - For all papers

(b) Distribution of marks:

The distribution of the sessional marks is as follows

CORE AND ELECTIVE PAPERS

COMPONENT MARKS

ATTENDANCE 5



ASSIGNMENT 5

SEMINAR 5

TEST PAPERS (AVERAGE OF 2) 10

TOTAL 25



ATTENDANCE EVALUATION

Monitoring of attendance is very important and teachers document attendance in each

semester.

Distribution of marks for attendance

Students should have a minimum attendance of 75%

Attendance Assignments Seminar

% of Attendance Marks Components Marks Components Marks

≥ 90% 5 Punctuality

Content

1

2

Area/Topic

Review

1

1

≥ 85% and < 90% 4

≥ 80% and < 85% 3

Conclusion

Reference

1

1

Presentation

Conclusion

2

1

≥ 75% and < 80% 2

< 75% 0

Table: split up of attendance marks and components of Seminar & Assignment



TEST PAPER

Two sessional examinations shall be conducted and average mark of two

sessional examinations shall be taken as the marks of the test paper.

FINAL EVALUATION

The finals of all semesters will be conducted by the institution on the close of each

semester. There will be no supplementary examinations.

PATTERN OF QUESTION PAPER FOR FINAL EXAMINATION

The question paper for final assessment will be of three hours duration and will consist

of three parts

Part A: Questions from this part are of the very short answer type. Five questions have

to be answered from among seven questions. Each question will have 3 marks and Part

A will have a total of 15 marks.

Part B: Part B contains nine questions out of which six have to be answered. Each

question has 5 marks making the Part B to have total marks of 30 marks.

Part C: Part C will have four questions. Two questions have to be answered out of

four. Each question will have 15 marks making the total marks 30 in Part C.



PART A

5 questions of 3marks each out of 7

Total (5x3=15)

PART B

6 questions of 5 marks each out of 9

Total (6x5=30)

PART C

2 questions of 15 marks each out of 4

Total (2x15=30)

The pass minimum for each paper will be 40 marks (out of 100) with a separate

minimum of 30 marks out of 75 marks for final examinations and 10 out of 25

marks for sessional examinations



PROJECT EVALUATION

All students have to begin working on the project in the third semester and must

submit it in the fourth semester.

The ratio of sessional to final component of the project is 1:4. The mark distribution

for sessional assessment of the various components is shown below.

PROJECT AND VIVA VOCE EXAMINATIONS

Project Evaluation: The project is evaluated by one external and one internal

examiner. The dissertation of the project is examined along with the oral presentation

of the project by the candidate. The examiners should ascertain that the project and

report are genuine. Innovative projects or the results/findings of the project presented in

national seminars may be given maximum advantage. The different weight for

assessment of different components is shown below.

Sessional Evaluation of Project

Component

Marks

Punctuality 4

Experimentation/Data collection 8

Compilation 4

Group involvement 4

Total 20

Table : Components and marks of sessional evaluation of the project



Final Evaluation of project

Component Marks

Innovation of topic 10

Objective 10

Review 10

Materials and Methods 15

Results and discussions/Applications 10

Presentations 25

Total 80

Table : Components and marks of final evaluation of the project .

Viva Voce Examination: Viva voce examination is conducted only by the internal and

the external examiner. The viva voce examination is given a credit two.

Reappearance/Improvement: For reappearance / improvement as per university rules,

students can appear along with the next regular batch of students of their particular

semester.



COMPUTATION OF CCPA

Grade and Grade Point is given to each course based on the percentage of marks obtained

as follows:

Percentage of Marks Grade Grade

Point

90 and above A+ - Outstanding 10

80-89 A – Excellent 9

70-79 B - Very Good 8

60-69 C – Good 7

50-59 D – Satisfactory 6

40-49 E – Adequate 5

Below 40 F – Failure 4

Note: Decimals are to be rounded to the next whole number

CREDIT POINT AND CREDIT POINT AVERAGE

Credit Point (CP) of a course is calculated using the formula

CP = C x GP, where C = Credit for the course; GP = Grade point

Semester Credit Point Average (SCPA) is calculated as

SCPA= 𝑇𝑜𝑡𝑎𝑙𝐶𝑟𝑒𝑑𝑖𝑡𝑃𝑜𝑖𝑛𝑡𝑠 (𝑇𝐶𝑃)

𝑇𝑜𝑡𝑎𝑙𝐶𝑟𝑒𝑑𝑖𝑡𝑠(𝑇𝐶)

where TCP = Total Credit Point; TC = Total Credit



Grades for the different semesters / programme are given based on the corresponding

SCPA on a 7-point scale as shown below:

SCPA Grade

Above 9 A+ - Outstanding

Above 8, but below or equal to 9 A – Excellent

Above 7, but below or equal to 8 B -Very Good

Above 6, but below or equal to 7 C – Good

Above 5, but below or equal to 6 D – Satisfactory

Above 4, but below or equal to 5 E – Adequate

4 or below F – Failure

Cumulative Credit Point Average for the programme is calculated as follows:

CCPA =(𝑇𝐶𝑃)1 + ……… + (𝑇𝐶𝑃)4

𝑇𝐶1+ ….+𝑇𝐶4

Where TCP1…... TCP4 are the Total Credit Points in each semester and TC1…... TC4

are the Total Credits in each semester

Note: A separate minimum of 40% marks each for Sessionals and Finals (for both

theory and practical) is required for pass for a course. For a pass in a programme, a

separate minimum of Grade E is required for all the individual courses. If a candidate

secures F Grade for any one of the courses offered in a Semester/Programme only F

grade will be awarded for that Semester/Programme until he/she improves this to E

grade or above within the permitted period. Candidate who secures E grade and above

will be eligible for higher studies.



SYLLABI OF M.COM COURSES



M.COM DEGREE PROGRAMME

SEMESTER I

SEMESTER II

SI.

NO COURSE CODE COURSE TITLE

INST

HRS

CRED

ITS

1 CO1C01M Advanced Financial Accounting I

90 4

2 CO1C02M Principles of Management and Organisational

Behaviour

90 4

3 CO1C03M Financial Management Principles

90 4

4 CO1C04M Research Methodology

90 4

5 CO1C05M Quantitative Techniques

90 4

SI.


INST

HRS

CRED

ITS

1 CO2C06M Advanced Financial Accounting II

90 4

2 CO2C07M Strategic Management

90 4

3 CO2C08M Financial Management Strategies

90 4

4 CO2C09M Human Resources Management

90 4

5 CO2C10M Operations Research

90 4



SEMESTER III

SEMESTER IV (Elective- Finance)

SI.


INST

HRS

CRED

ITS

1 CO3C11M Management Accounting

90 4

2 CO3C12M Direct Taxes-Law and Practice

90 4

3 CO3C13M International Business

90 4

4 CO3C14M Corporate Governance

90 4

5 CO3C15M Business Environment

90 4

SI.


INST

HRS

CRED

ITS

1 CO4C16M Advanced Cost Accounting

90 3

2 CO4C17M

Direct Taxes-Assessment and Procedure 90 3

3 CO4EA1M International Finance

90 3

4 CO4EA2M Financial Markets and Derivatives

90 3

5 CO4EA3M

Security Analysis and Portfolio Management 90 3

6 Project/Dissertation

3

7 Viva-Voce

2



SEMESTER I



Name of the Course: ADVANCED FINANCIAL ACCOUNTING 1

Duration: One Semester Code: CO1C01M

Total Lecture Hours: 90 Credits:4

Aim of the course:

• To know the methods of valuation of goodwill and share

• To acquaint with the amalgamation and reconstruction procedures of companies

• To learn about international reporting standards.

Course Overview and Context:

The course covers Valuation of shares, Goodwill, Factors affecting goodwill,-

Amalgamation, Absorption, External Reconstruction, Alteration of share capital,

Advantages of HRA ,International Financial Reporting Standards , Insolvency

accounts of an Individual

Syllabus Content:

MODULE-1 Valuation of Goodwill and shares

a) Goodwill- meaning and definition, Factors affecting goodwill,- Methods of valuing

goodwill-Average profit method-Super profit method, Annuity method and

capitalization method.

b) Valuation of share-Need for valuation-Methods of valuation-Net asset method or

intrinsic value method-yield method-earning capacity method-fair value.

(15 Hrs)

MODULE-2 Amalgamation, Absorption and External Reconstruction Amalgamation

in the nature of merger and Amalgamation in the nature of purchase- Purchase

consideration-Net payment method-Net Asset method-share exchange method-Entries

in the books of purchasing company- entries in the books of vendor company

consolidate balance sheet-Inter-company Owings and holdings Advanced problems.



(25Hrs)

MODULE-3 Alteration of share capital and Internal reconstruction-Procedure for

reducing share capital- Re-organisation-Scheme of reconstruction Accounting entries

on Internal reconstruction.

(15Hrs)

MODULE-4 Insolvency accounts of an Individual-Statement of affairs and

deficiency accounts

(20 Hrs)

MODULE-5 Human Resource accounting-Meaning-Objectives-Valuation of

Human Resource-Advanced and limitations of HRA. International Financial Reporting

Standards (IFRS)

(15 Hrs)

Competencies of the course:

C1: Acquires knowledge about the methods of valuing goodwill

C2: Develop skill in the preparation of Insolvency accounts

C3: Recalls the distinction between Amalgamation in the nature of Merger and in the

nature of purchase

C4: Develops interest in International Financial Reporting.

C5: Analyses the situation where the Alteration of share capital and internal

reconstruction is required.

C6:Develops interest in the topic HRA

Learning Resources

Textbook

1. Advanced Financial Accounting, M.C.Shukla & T.S.Grewal, S.Chand & Co;

2. Advanced accountancy, Arulanandam & Raman, Himalya Publishing House

3. Fundamentals of Financial accounting, Nassem Ahmed, Ane books Pvt,

Limited



4. Advanced Financial Accounting, R.L.Gupta & Radhaswami, Sultan Chand CO;

5. Advanced Financial Accounting, S.N.Maheswari

6. Advanced Financial Accounting, Paul & Kaur

7. Advanced Financial Accounting, B.D. Agarwal

8. Advanced Financial Accounting, S.P.Jain & K.L.Narang; Kalyani Publishers

Two samples of questions with model answers to them are given below:

TI1 : From the following information ,calculate the value per equity share

2000, 9% preference shares of Rs100 each 2,00,000

50,000 Equity shares of Rs. 10 each, Rs 8 per share paid up 4,00.000

Expected profit per year before tax 2,18,000

Rate of tax 50%

Transfer to general reserve every year 20% of the profit

Normal rate of earnings 15%

Ans: Calculation of profit available for equity share holders

Expected profit 2,18,000

Less: Tax at 50% 109000

Profit after tax --------------

1,09,000

Less: Transfer to general reserve at 20% 21,800

-----------

Profit after general reserve and tax 87,200

Less:9% preference dividend on Rs. 2,00,000 18000

----------



Profit available for equity share holder 69200

2.CALCULATION OF EXPECTED RATE OF EARNINGS

Expected rate = profit available

----------------------------- x 100

Total paid up equity capital

69200

--------- x 100 = 17.3%

4,00,000

3CALCULATION OF VALUE OF THE EQUITY SHARE

Expected Rate

------------------ x Paid up value of shares 17.3

Normal Rate ----------- x 8 = Rs.9.23

15

TI2: What do you mean by Human resource Accounting?

Ans: HRA is a new branch of accounting .Human Resource accounting means

accounting for people as the organizational resources. It is the measurement of the cost

and value of people to organizations. It involves measuring costs incurred by private

firm and public sectors to recruit , select, hire, train, and develop employees ,and judge

their economic value to the organization.It is primarily an information system which

informs the management about the changes that are taking place in the human resource

of an organization



BLUE PRINT

ADVANCED FINANCIAL ACCOUNTING

Units Hours 3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 15 1 2 1 28

Module II 25 3 4 0 29

Module III 15 1 1 1 23

Module IV 20 1 1 1 23

Module V 15 1 1 1 23

Reg. No…………...…



Name :……………….

M.com DEGREE (C.S.S) EXAMINATION

First Semester

Faculty of commerce

CO1C01M - ADVANCED FINANCIAL ACCOUNTING - I

Time: Three Hours Maximum marks :75

Part A

Answer any five questions

Each question carries 3 marks

1. What do you mean by dissenting shareholders?

2. Define Goodwill.

3. What is Amalgamation?

4. What is Internal Reconstruction?

5. What is Deficiency Account?

6. What is Human Resource Accounting?

7. What is Inter-Company Owings?

Part B

Answer any six questions


8. What are the conditions when Internal Reconstruction is possible

9. What are the circumstances in which there may be a need for valuation of Shares

10. Distinguish between Amalgamation by merger and by purchase as per AS14?

11. Explain the meaning of reconstruction of a company. What are its types?

12. What is Statement of Affairs? How does it differ from Balance Sheet?

13. From the following information calculate value of goodwill on the basis of three

years purchase of super profit of the business.



a. Sundry assets of the firm are Rs. 22,50,800 and current liabilities are

Rs.93,625.

b. Average Capital employed in the business is Rs.18,00,000

c. Rate of interest expected from the capital having regard to the risk

involved is 10%.

d. Net Trading profits of the firm of the past three years were Rs.322,800.

Rs.2,72,100 and Rs.3,37,500.

e. Fair remuneration to the partners for their services is Rs.36,000 per

annum.

14. The Assets of a firm is Rs.27,20,000. The Purchase consideration being the

taking over of the assets and Liabilities at book value were subjected to revaluation

of fixed assets which were reduced by Rs.3,00,000. Payment creditors were

Rs.5,70,000. Calculate Purchase Consideration.

15.On 31st March 2012, Balance Sheet of Menon Ltd was as follows

Liabilities Amount(Rs) Assets Amount(Rs)

Share Capital

Authorized & Issued:

5000 Equity shares of Rs.

100 each fully paid

500000

Land& Buildings 220000

P&L a/c 103000 Plant&

Machinery

95000

Bank OD 20000 Stock 350000

Creditors 77000 Sundry Debtors 155000

Provision for taxation 45000

Proposed dividend 75000

820000 820000

Net profits of the company after deducting all working charges & providing for

depreciation & taxation, were as follows



Year ended 31st March Rs.

2008 85000

2009 96000

2010 90000

2011 100000

2012 95000

On 31st March 2012, Land & Building were valued at Rs. 250000 and Plant

&Machinery at Rs. 150000.

In view of the nature of the business, it is considered that 10% is a reasonable

return on tangible capital.

Prepare a valuation of the company’s shares after taking into account the

revised values of fixed assets & your own valuation of goodwill based on 5

years’ purchase of the super profits based on the average profit of the last 5

year.

16. The following are the Balance sheet of Major & Minor Ltd as on 31st December

2003

Liabilities Major

Ltd

Rs

Minor

Ltd

Rs

Assets Major Ltd

Rs

Minor

Ltd

Rs

Issued, Subscribed And

Paid up Capital

Equity shares of Rs 100

each fully paid

Reserves & Surplus

P&LA/C

200000

60000

100000

30000

Fixed Assets:

Machinery

Furniture

Investments:

Shares in Minor

Ltd

100000

20000

25000

50000

5000



Current liabilities &

provisions

Sundry Creditors

40000

70000

Shares in Major

Ltd

Current Assets

12000

Stock

Debtors

75000

60000

45000

68000

Cash at bank 20000 20000

300000 200000 300000 200000

Major Ltd holds 200 shares in Minor Ltd and Minor Ltd holds 100 shares in

Major Ltd.

The two companies agree on amalgamation on the following basis:

1. A new company is to be formed called Hind Ltd.

2. The goodwill is valued for Major Ltd Rs. 50000 and for Minor Ltd Rs.

25000.

3. The shares of Hind Ltd are of nominal value of Rs. 10 each.

Prepare

I. Balance Sheet of Hind Ltd resulting from the merger.

II. Schedule showing fully the shareholders there in attributable to -

+shareholdings of Major Ltd & Minor Ltd. All the costs of

amalgamation are to be ignored.

PART C

Answer any 2 question.


17. On 31st March 2012 the Balance Sheet of a limited company disclosed the

following position:




Issued capital in

Rs10 shares

400000 Fixed Assets 500000

Reserves 90000 Current Assets 200000

P&L a/c 20000 Goodwill 40000

5% Debentures 100000

Current Liabilities 130000

740000 740000

On 31st March, 2012 the fixed assets were independently valued at Rs350000 & the

goodwill at Rs50000. The net profit for the 3 years was:

2009-10 Rs 51600; 2010-11 Rs 52000; 2011-12 Rs 51650.

Of which 20% was placed to reserve this proportion being considered reasonable

in the industry in which the company is engaged & where a fair investment

return may be taken at 10%.

Compute the value of the company’s shares by

a. The assets method

b. The yield method

18. The Balance Sheet of R Ltd as at 31st March 2012 was as follows


Share Capital:

Authorised

1400000

Intangibles

68000

Issued

Freehold premises

at cost

140000

64000 , 8%

cumulative

preference shares

of Rs 10 each,

640000

Plant and

equipment at cost

less depreciation

240000



fully paid

64000 equity

shares of Rs 10

each, Rs 7.5 Paid

480000

Investment in

shares in Q Ltd at

cost

324000

Loans from

directors

60000

Stocks

248000

Sundry creditors 440000 Debtors 320000

Bank Overdraft

208000

Deferred Revenue

Expenditure

48000

Surplus a/c

(Balance)

440000

1828000 1828000

Note: The arrear preference dividends amount to Rs 51200.

A scheme of reconstruction was duly approved with effect from 1st April 2012

under the conditions stated below:

a. The unpaid on the equity shares would be called up

b. The preference shareholders would for go their arrear dividends. In addition,

they would accept a reduction of Rs 2.5 per share. The dividend rate would

be enhanced to 10%.

c. The equity shareholders would accept a reduction of Rs7.5 per share.

d. R Ltd holds 21600 shares in Q Ltd. This represents 15% of the share capital

of that company. Q Ltd is not a quoted company. The average net profits

(after tax ) of the company is Rs 250000. The shares would be valued based

on 12% capitalization rate.

e. A bad debt provision at 2% would be created.

f. The other assets would be valued as under : Intangibles Rs48000; Plant

Rs140000; Freehold premises Rs380000; stocks Rs250000.



g. The P&L A/C debit balance & the balance standing to the debit of the

deferred revenue expenditure a/c would be eliminated.

h. The directors would have to take equity shares at the new face value of Rs

2.5 per share in settlement of their loan.

i. The equity shareholders including the directors, who would receive equity

shares in settlement of their loans, would be would be taken up two new

equity share for every one held

j. The preference shareholders would take up one new preference share for

every four held.

k. The authorized share capital would be restated to Rs 1400000.

l. The new face value of the shares – Preference shares and equity shares will

be eliminated at their reduced levels.

You are required to

1. Prepare the necessary ledger accounts to effect the above.

Prepare the Balance sheet of the company after reconstruction.

19. A Merchant became insolvent on 1-1-2012 on which date his total asset value

were Rs 75000 and liabilities Rs 65000 and he estimated a deficiency of Rs

20000 before taking the following items into consideration which were not

passed through his account books:

1. Interest on his capital of Rs 25000 @ 6% for one year.

2. A Contingent liability for Rs 3000 on bills discounted by him for Rs

8000.

3. Amount due was wages Rs 300; as salaries Rs 600; as rent Rs 500:

as rates and taxes Rs 1000.

4. A Loan of Rs 5000 taken from a friend for the marriage of his

daughter and Rs2000 from his wife.

Prepare a statement of affairs and a deficiency account.

20. Give the need and trace briefly the development of human resource accounting.



Name of the Course: PRINCIPLES OF MANAGEMENT AND

ORGANISATIONAL BEHAVIOUR

Duration: One Semester Code: CO1CO2M


Aim of the course:

To help the students to understand the conceptual frame work of management and

organizational behaviour.


Provide an insight into the features, process and significance of management,

organisational behaviour, modern techniques of management and different types of

groups in an organization

Syllabus Content

MODULE -1: Introduction, The management concept-Different schools of

management thoughts- Nature and functions of management principles of management-

MBE-Corporate Social Responsibility

(15 Hrs)

MODULE-2: Planning and organizing-planning process-premises- forecasting-

forecasting techniques-components of planning-MBO-Organisation- Design and

structure-committees- Task force-Matrix Organisation -project organization-delegation

of authority-span of control

(15 Hrs)

MODULE-3 : Organisational behaviour-concepts and significance-relationship

between management and OB-Models of OB-Contributing disciplines to OB-

Challenges and opportunities- Transaction analysis-Johari window-Organisational

development-concepts-OD Intervention- Change management-Need for change-

resistance to change-Theories of change-Organisational Diagnosis.

(20 Hrs)

MODULE-4 Groups in organization- nature- theories of group formation-stages of

group development-types of groups-formal and informal groups conflict- definition-



functional and dysfunctional aspect of conflict types of conflict-conflict process-intra

individual conflict-goal conflict interpersonal conflict-strategies of interpersonal

conflict-lose lose, win lose, win win-inter group conflict-strategies to handle inter group

conflict-organizational conflict-conflict handling mechanisms.

(25 Hrs)

MODULE-5 Modern techniques in management-quality circle-TQM-BPR-Six sigma-

kaizen-bench marking-MDP-Steps in MDP.

(15 Hrs)


C1: Acquire knowledge regarding principles of management.

C2: Develops understanding about the structure of organisation.

C3: Examine the conditions of modern techniques in management.

C4: Emphasises the importance of delegation of authority and responsibility.

C5: Get a detailed idea relating to schools of management thought.

Learning Resources

Textbook

1. Human relations and organizational behaviour, RS. Dwivedi, Macmillain publishers

India limited.

2. Management Process and OB, Sharmma & Gupta ;Kalyani Publishers

3. Principles of management, T Ramaswami, Himalya Publishing House.

4. Management and Organizational Behaviour Essentials, Schermerhorn

5. Organisational behaviour, Aswathappa, Himalaya Publishing House

6. Organisational behaviour, Sujanair, Himalaya Publishing House



7. Principles of management, BS.Moshal, Ane books private limited.

8. Management theory and practice, J.P.Mahajan, Ane books private limited.

9. Organizational theory and behaviour, BS.Moshal, Ane books private limited.

10. Organisational Behaviour, BS.Moshal, Ane books private limited.

11. Principles and practice of management, PF.Drucker.

12. Principles of management, LM.Prasad, Sultan Chand Co;

Two samples of questions with model answers to them are given below.

TI1: Explain the 6 p's of planning.

1. Purpose

An effective planning requires a clear understanding of the purpose of planning. The

purpose should be clear and elaborate.

2 . philosophy

It states the belief as to how the organisations purpose is to be achieved.

3. Promise

It is the assessment of strength and weakness of organisation.

4. Policies

They re the general statements for a guidance of the personnel.

5. Plans

These are the objectives and action statements.

6 . priorities

An organisation must fix goal priorities.



TI2: Define co-ordination.

According to Newman " co-ordination is a part of all phase of administration and that is

not a seperate and distinct activity."

BLUE PRINT

PRINCIPLES OF MANAGEMENT AND ORGANISATIONAL BEHAVIOUR

Units Hours 3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 15 2 1 1 26

Module II 15 2 3 1 36


Module IV 25 2 2 1 31

Module V 15 1 2 0 13



Reg. No:.......................

Name………………….


First Semester

Faculty of commerce

CO1CO2M - PRINCIPLES OF MANAGEMENT AND ORGANIZATIONAL

BEHAVIOUR

Time: Three Hours Maximum Marks:75

Section A


Each question carries 3marks each

1. Define management

2. What is meant by TQM?

3. Define conflict

4. Define group

5. What are organisation charts?

6. Explain span of control

7. Explain 6 P’s of planning

(5x3=15)

Section B


Each question carries 5 marks each

8. What is meant by quality circles? What are their characteristics?

9. Explain the steps in planning

10. Explain the various stages in conflict in an organization

11. Describe forcasting techniques



12. What are the sources of group cohesiveness?

13. Explain the characteristics of organization behavior

14. State the need for principles of management

15. Distinguish between line and staff organization

16. What is meant by MBO? What are its features?

(6x5=30)

Section C

Answer any 2 questions.


17. Elaborate the meaning and theories of business forecasting

18. What is organisational behaviour? Explain different approaches to the study of

organisational behaviour

19. Explain the various types of groups

20. Briefly explain the functions of management

(2x15=30)



Name of the Course: FINANCIAL MANAGEMENT PRINCIPLES

Duration: One Semester Code: CO1CO3M


Aim of the course:

· To introduce the subject of financial management

· To acquaint the student with various methods and techniques of financial management


The course covers the major areas of financial management.It highlights the cost of

capital concept and capital structure decision of a firm.Capital budgeting techniques are

analysed in detail and a thorough look at leverage analysis is made.

Syllabus Content:

MODULE-1 Financial management-meaning, goals and objectives-Functions of a

financial manager-Financial decision making-financial planning concept- Relevance of

time value of money-compounding technique, discounting technique.

(15 Hrs)

MODULE-2 Cost of capital-concepts, importance, computation-cost of debt-cost of

preference capital-cost of equity- cost of retained earnings-weighted average cost of

capital-book value and market value weights-marginal cost of capital

(15 Hrs)

MODULE-3 Financing decision and capital structure-finance structure-pattern of

capital structure-concept of balanced capital structure-determinants of capital structure-

optimum capital structure-theories of capital structure-net income approach, net

operating income approach, traditional approach-MM approach.

(20 Hrs)

MODULE-4 Long term investment decisions-capital budgeting-nature, features and

significance of capital budgeting-traditional methods-payback period- ARR-Discounted

cash flow methods-Bailout payback period-NPV- IRR-Profitability index-Risk analysis

in capital budgeting- techniques of risk analysis. (25 Hrs)



MODULE-5 Leverage analysis-concept-meaning and measurement of financial

leverage. Operating leverage-Financial risk and operating risk-EBIT, EPS- Indifference

point.

(15Hrs)


C1: Familiarize the students with the major objectives of financial management.

C2: Provide appropriate knowledge about the concept cost of capital and its relevance

in capital structure decisions

C3: Explain the time value concept in financial management.

C4: Create awareness about capital budgeting techniques.

C5: Analysis of different types of risks

Learning Resources

Textbooks

1 Contemporary financial management, Rajesh kothari, Macmillain India limited.

2. Financial management, PV.Kulkarni, Himalya Publishing House.

3. Financial management, Srivastava, Himalya Publishing House

4. Fundamentals of financial management, Preetisingh, Ane books private limited.

5. Financial management, Dhagat, kogent.

6. Financial management, Shah.

7. Financial management, Knott, Palgrave Macmillian.

8. Financial management, S.N.Maheswari, Sultan Chand Co;

9. Financial management, Van Horn, James C, Prentice Hall India, Limited.

10. Financial Management, Khan MY, Jain PK, Tata Macgraw Hill publishing Co;

11. Financial Management, Pandey IM, Vikas publishing house.




TI1: What is capital structure?

The term capital structure refers to the combination or make up of its capitalization and

it includes all long term capital resources via loans reserves shares and bonds. The

capital structure is made up of debt and equity securities and refers to the permanent

financing of a firm. It is composed of long term debt, preference share capital and

shareholders’ funds.

TI2: What are the principles of fixed capital management?

The main objective of fixed capital management is to make sound investment in fixed

assets such as land, building, plant, machinery etc. The main principles are

Selection of most appropriate and suitable fixed assets

Financing and acquisition of fixed assets

Proper accounting of fixed assets

Sound depreciation policy

Proper upkeep and maintenance of fixed investments

Periodical appraisal of fixed investments.



BLUE PRINT

FINANCIAL MANAGEMENT PRINCIPLES

Units Hours 3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 15 2 0 2 36

Module II 15 1 3 0 18


Module IV 25 2 1 1 26

Module V 15 1 1 1 23



Reg. No…………...…

Name :……………….


First Semester

Faculty of commerce

CO1CO3M - FINANCIAL MANAGEMENT PRINCIPLES

Time: Three Hours Maximum marks:75

Section A


Each question carries 3marks each

1. Define capital budgeting.

2. What do you understand by business finance?

3. What is trading on equity?

4. What is implicit cost of capital?

5. What are the limitations of financial planning?

6. What is sweat equity?

7. What is factoring?

(5x3=15)

Section B



8. What are the assumptions upon which cost of capital is computed?

9. Discuss the relation between debt financing and financial leverage.

10. What are the assumptions of MM hypothesis?

11. What is capitalization?Explain the cost theory and earnings theory of

capitalization.



12. What are the different methods of ranking investment proposals?Briefly

discuss.

13. What is weighted average cost of capital?How is it computed.

14. X Ltd. Is expecting an annual EBIT of Rs1,00,000.The company has

Rs4,00,000 in 10%debentures.The cost of equity capital is 12.5%.Calculate the

total value of the firm according to NI approach.

15. The market price of equity shares of a company is Rs150.The company had paid

a dividend of Rs30 last year.The investors expect a growth of 5%in dividend

every year.Calculate the cost of equity capital.If the expected growth rate is

10%per annum,calculate market price per share.

16. Critically evaluate the Net Income theory

(6x5=30)

Section C



.

17. Discuss the determinants of financial plan.

18. Discuss the role of a finance manager in a modern business enterprise.

19. A firm has sales of Rs.75,00,000; Variable cost of Rs.42,00,000 and fixed cost

of Rs.6,00,000.It has a debt of Rs.45,00,000 at 9%equity of Rs.55,00,000.

What is the firm’s ROI?

Does it have a favourable financial leverage?

What are the operating ,financial and combined leverage of the firm?

If the sales drop to Rs.50,00,000 what will be the new EBIT?

20. Rose Ltd. Is considering a new project for which the investment data are as

follows:

Capital outlay Rs.2,00,000

Depreciation 20%p.a.



Annual income before charging depreciation,but after all other charges are

follows:

Year Amount

1 1,00,000

2 1,00,000

3 80,000

4 80,000

5 40,000

4,00,000

On the basis of the available data,calculate

(a) Payback period

(b) Rate of return on original investment

Ignore tax for computations. (2x15=30)



Name of the Course: RESEARCH METHODOLOGY


Total Lecture Hours: 90 Credits: 4

Aim of the course:

To help the students to understand how to do research in the area of commerce and

management


To give the students the basic understanding and practical knowledge in the area of

research.

Syllabus Content:

MODULE – 1: Research, meaning, significance, objectives, types of research,

research methods Vs methodology, steps in research.

(15 Hrs)

MODULE-2: Research problem, definition, nature, formulation, techniques of

defining the problem, research design, meaning, needs, types of research design,

variables, dependent and independent variables, extraneous variables, intervening

variable, dichotomous variable, research proposal and its preparation, Research

hypothesis, types of hypotheses.

(20 Hrs)

MODULE-3: Sampling design, census and sample survey, sample frame, sample size

methods of sampling.

(15 Hrs)

MODULE-4: Collection and analysis of data, Data types of data, methods of data

collection, preparation of questionnaire or interview schedule, measurement and scaling

techniques, nominal data, interval data, ordinal data, ratio data, Reliability analysis and

its need, analysis of data, uni-variate analysis, bi-variate analysis, multi-variate

analysis, cross tabulation

(30 Hrs)



MODULE-5: Research reporting, relevance, characteristics of a good research reports,

contents of a report, citing references using APA style, MLA style, Chicago style,

plagiarism

(10 Hrs)


C1: Study the process of research.

C2: Understand the various methods of sampling.

C3: Study the various techniques of measurement and scaling.

C4: Familiarise with the various tools of data collection.

C5: Understand the process of documentation and research report writing.

Learning Resources

Textbook

1. Statistical methods for research, Prf.K.Kalyanaraman, Prentice Hall Pvt.Limited

2. Business research, Collis, Palgrave Macmillian.

3. Research Methods for Business: A Skill Building Approach, Sekaran.

4. Management Research Methods, Velde.

5. Business Research Methodology, Dwivedi.

6. Research methodology, Ramamoorthi.

7. Research methodology, CR.Kothari, Wishwaprakasan.

8. Research methodology, R.Paneerselvam, Prentice Hall of India.

9. Research Methodology, OR.Krishna Swami, Himalaya Publishing house

10. Methodology and techniques of social research, Himalya Publishing House.



11. Goodewj and Hatt, Social research methods, Magraw Hill, Newyork.

12. Bajpai, SR, Methods of Social Survey and Resaerch, Kitab Ghar, Kanpur


TI1: Explain the significance of research.

Ans:

It leads to discovery and innovation

Research helps us to discover the unknown. It opens door for more and more

opportunities.

It improves decision making

It inculcate the habit of logical and inductive thinking, thereby improving our decision

making facilities.

It helps in ascertaining trends

The strength to face the future is based on our ability to make certain predictions about

the future. The business cycles are predicted using techniques like barometric

forecasting, index numbers etc.

Social Sciences also depend on research

It uses research to understand the dynamics of social relationships. It helps us to

understand the working of social groups and social structures.

It aids in framing the Government policies

Almost all the policies and budgets laid down by the Government find their basis in

research.

TI2: Explain the advantages and disadvantages of observation method.

Ans:

Advantages:

This is the only method that allows for collection of data in natural settings.



Through observation not only the verbal but the non verbal behaviour can also

be observed.

In observation method there is no time elapse between the occurrence and

recording of the behaviour.

It is flexible.

It is particularly used in situation where the respondents are either unwilling or

unable to give the information.

Disadvantages

When observation is being done in natural settings the researcher has little

control over variables that affect data.

It cannot be applied in situation where the size of the sample is large.

It has been seen that many at times the observer gets emotionally involved with

the subjects.

In certain situations it is difficult for an observer to gain entry into the study

setting.

BLUE PRINT

RESEARCH METHODOLOGY

Units Hours

3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 15 1 3 0 18

Module II 20 0 3 0 15


Module IV 30 3 2 2 49

Module V 10 2 0 1 21



Reg. No…………...…

Name :……………….


First Semester

Faculty of commerce

CO1C04M – RESEARCH METHODOLOGY

Time: Three Hours Maximum Marks : 75

Section A

Answer any five questions.


1. What is Judgement Sampling?

2. What is Oral report?

3. What is Level of significance?

4. What is Scaling?

5. What is tabulation?

6. Define Research?

7. What are footnotes?

(5x3=15)

Section B



8. Explain the characteristics of Hypothesis

9. What is Factor analysis? What are its limitations?

10. What are Exploratory Research Design

11. Differentiate between Questionnaire and a Schedule

12. What are the attributes of a good research?

13. Explain Stratified Sampling

14. Explain the significance of research?



15. Explain the sources of research problem?

16. What are the advantages and disadvantages of secondary data?

(6x5=30)

Section C

Answer any two questions


17. Explain the Layout of a Research Report?

18. Explain the different types of interview method

19. What are steps involved in constructing a questionnaire

20. Explain the types of sampling techniques.

(15x2=30)



Name of the Course: QUANTITATIVE TECHNIQUES



Aim of the course:

To understand statistical tools for quantitative analysis

To understand the statistical tools for research and business decision making.

To prove theoretical data using statistical tools.

- Reduces wastage of resources

- Used in various fields like military , business, industry to solve complex

problems

- Acts as a tool to measure efficiency not only for variables but includes

attributes also.


Decisions have to be taken in various fields and successful managers are

considered to take the right decisions at the right time. Proving theoretical data with

the help of QT Techniques enables managers to make the right choice of decision.

MODULE-1 meaning of quantitative techniques, Classification of QT-application

of QT in business, Industry and management-merits and limitations of QT.

(5 Hrs)

MODULE-2 Continuous probability distribution-Normal distribution

characteristics- construction of normal curves-Standard normal curves-properties of

standard normal curves-measurement of probability based on area under normal

curve-Normal approximation to binomial distribution and poisson

(10 Hrs)

MODULE-3 Sampling theory and statistical inference-sampling and non sampling

errors-statistic and parameter-sampling distribution-standard error point estimate-

interval estimate-statistical inference-test of hypotheses-procedure- type 1 error-type

11 error-Z Test, t Test features- application-Z/t test for population mean and sample

mean interpretation with hypothesis-confidence limit for population mean two



sample mean-test for sample proportion and population proportion-confidence limit

for population proportion-two sample proportion-paired t test-testing difference

between observed value and expected value and expected value of X-two sample

proportion of heterogeneous population-combined mean test-test for population

standard deviation and sample standard deviation-test for two sample standard

deviation-testing significance of difference between two sample means when

samples are correlated-testing significance of correlation coefficient- z

transformation.

(40 Hrs)

MODULE-4 a) F test-ANOVA-one way, two way-latin square technique b) Non-

parametric test-Chi-square test-Sign test-Run test-Mann Whitney U test-Kruskal

wallis H testc) Association of attributes-consistency of data-association and

disassociation-methods to study association-comparison of actual and observed

frequency-comparison of actual and observed frequency comparison of proportion

and products-Yule’s co-efficient of association-co-efficient of Collignation-co-

efficient of contingency-

(25 Hrs)

MODULE-5 Statistical Quality Control – Techniques of SQC –Control charts for

variables – X chart, R chart – Control chart for attributes p chart, np – chart and c

chart.

(10 Hrs)


1. Understand the importance of quantitative techniques

2. Clear understanding of its applications in various fields.

3. Understand different QT Techniques.

4. Understand the applications of QT in business and industry

5. Understand the properties of normal distribution

6. Solve a sample frequency distribution.

7. Understand merits and demerits of normal distribution curve

8. Determine standard normal distribution

9. Understand essential qualities of a good sample.

10. Understand different techniques of sampling



11. Understand sampling errors and non sampling errors

12. Understand the statistical laws like law of regularity and inertia of large

numbers.

13. Understand the uses of different sampling distributions

14. Understand the uses of chi-square distribution

15. Understand the uses of t- distribution

16. Understand the uses of F- distribution

17. Understand the procedure for testing hypothesis

18. Understand applications of Chi- square

19. Apply F-test and prove the population variances of sample are equal.

20. Understand analysis of variance

21. Helps to determine the variances of data

22. Understand the applications and uses of ANOVA.

23. Distinguish between one way and two way analysis

24. Understand how to prepare an ANOVA table

25. Understand importance of time series

26. Application of moving averages

27. Understand smoothing techniques.

28. Application of trend analysis.

29. Understand ex-cel and spss techniques

Learning Resources

Textbook

1. Quantitative techniques for statistical decision making, Digambar Patri &

Priyambada

Patri.

2. Statistics for Management, Richard Levin, Printice Hall, India.

3. Quantitative methods and OR, Reddy & Appanayya, Himalaya Publishing House

4. Statistical methods for Research, Prof. K.Kalyanaraman, Printice Hall, India.

5. Statistical Methods, SP, Gupta

6. Fundamentals of statistics, D.N.Elhance.



7. Quantitative Techniques, CR. Kothari

8. Quantitative methods, D.R.Agarwal

Two samples of questions with model answers to them are given

below:

T1: Define Quantitative Techniques.

Quantitative techniques may be defined as those techniques which provide

the decision maker with systematic and powerful means of analysis and helps

in exploring policies for achieving predetermined goals. So the quantitative

techniques help in decision making process in business and industry and

other fields. They involve the use of numbers, symbols and other

mathematical expressions.

TI2: From the following data use X2 test and conclude whether innoculation

is effective in preventing tuberculosis.

Attacked Not attacked

Innoculated 31 469

Non Innoculated 185 1315

Ans: Ho: The two attributes namely attack and inoculation are independent, i.e.

innocluation is not effective.

X2 = ∑ (O-E) 2 / E =14.66

Degree of freedom = (r-1) (c-1) = 1×1=1

Table value of X2 for one degree of freedom at 5% level of significance is 3.841

The calculated value is greater than the table value.

We reject Ho.



BLUE PRINT

QUANTITATIVE TECHNIQUE

Units Hours

3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 5 2 2 0 16

Module II 10 1 1 0 8


Module IV 25 0 1 2 35

Module V 10 0 0 1 15



Reg. No…………...…

Name :……………….


First Semester

Faculty of commerce

CO1C05M - QUANTITATIVE TECHNIQUES

Time: Three Hours Maximum marks : 75 Marks

Part A



1. What is Normal Distribution? Explain its properties?

2. What is type 1 and type 11 errors?

3. Distinguish between statistics and a parameter.

4. Explain briefly Students‘t’ test pointing out its salient features.

5. A soap manufacturing company was distributing a particular brand of soap

through a number of retail shops. Before a heavy advertisement campaign, the

mean sales per week per shop were 140 dozens. After the campaign a sample of

20 shops was taken and mean sales was found to be 147 dozen with standard

deviation of 16. Can you consider the advertisement to be effective?

6. What do you mean by one and two-tailed test?

7. Explain judgment sampling and quota sampling.

(5x3 =15)

Part B



8. What are estimators and parameters?

9. Explain the procedure for testing hypothesis.

10. What do you mean by sampling and non sampling error?

11. Explain (a) stratified sampling; (b) systematic sampling.



12. Three varieties of wheat(A,B,C) were sown in four plots and the following

yields were obtained (varieties)

Plots A B C

1 10 9 4

2 6 7 7

3 7 7 7

4 9 5 6

13. Two chemical solutions, A and B were tested for their pH values i.e., the degree

of acidity of the solutions. Six observations on each chemical solution for their

pH values were taken as:

A 7 6 8 9 5 8

B 6 8 5 7 7 6

Can we say that two types of solutions have different mean pH values of 5 per

cent level of significance?

14. Given is the following information:-

Brand A Brand B

Sample size n 1 = 21 n 2 = 16

Standard deviation S1 = 2.5 S1 = 1.5

Mean X1 = 100 X2 = 95

Apply F-test at 5% level to know if the variances of the two makes are

significantly different.

15. In a factory producing 50000 pairs of shoes daily for a sample of 500 pairs, 2%

were found to be of sub standard quality. Estimate the number of pairs that can

be reasonably expected to be spoiled in the daily production and assigned limits

at 95% level of confidence.

A soap manufacturing company was distributing a particular brand of soap through

a number of retail shops. Before a heavy advertisement campaign, the main sales

per week per shop were 140 dozens. After the campaign, a sample of 20 shops was

taken and mean sales was found to be 147 dozen with SD 16. Can you consider the

advertisement affected? (6 x 5=30)



Part C



16. The following data relate to literacy and unemployment in group of 500

persons. You are required to calculate Yule’s coefficient of association between

literacy and unemployment and interpret it

Illiterate unemployed 220

Literate employed 20

Illiterate employed 180

17. The following table gives the number of refrigerators sold by 4 salesmen in

three months March ,April and may:

Month Salesman

March 50 40 48 39

April 46 48 50 45

May 39 44 40 39

Is there a significant difference in the sales made by the four salesmen? Test

also whether there is any difference in the sales during different months. Take

= 0.05

18. A company appoints four salesmen P, Q,R,S and observes their sales in 3

seasons summer, winter ,monsoon. The figures (in lacks) are given as:

Season Salesmen

P Q R S

Summer 13 16 16 14

Winter 17 16 17 16

Monsoon 13 14 15 15



Carry out the analysis of variance. What conclusions do you draw from the

analysis?

19. Two sample polls of votes 2 candidates A & B for a public office are taken, one

from among residence of rural areas and other from among residence of urban

areas. The results are given below:

Examine whether the nature of the area is related to voting preference in this

election.

AREA CANDIDATES TOTAL

A B

Rural 620 480 1100

Urban 380 520 900

TOTAL 1000 1000 2000

(2x15 =30)



SEMESTER II



Name of the Course: ADVANCED FINANCIAL ACCOUNTING 11


Total Lecture Hours:90 Credits: 4

Aim of the course:

understand the proceedings of the preparation of consolidated balance sheet , get an

idea about Green accounting,


The course develops knowledge in Accounts of public utility undertakings,

Liquidation accounts, voyage accounts ,farm account, accounts of underwriters and

Green accounting

Syllabus Content:

MODULE-1 Accounts of holding companies, consolidated balance sheet-minority

interest-cost of control-pre-acquisition and post-acquisition profit elimination of

common transaction-contingent liabilities-unrealised profit-bonus issue-revaluation

of assets and liabilities-treatment of dividend-debentures and preference shares of

subsidiary companies.

(30 Hrs)

MODULE-2 Accounts of public utility undertakings-double account system

accounts of electricity concerns-computation of reasonable return and clear profit-

replacement of asset.

(20 Hrs)

MODULE-3 Liquidation accounts-statement of affairs-deficiency accounts

liquidators. (15 Hrs)

MODULE-4 Accounting for specialized type of business-voyage accounts-farm

account-accounts of underwriters.

(15 Hrs)



MODULE-5 Green accounting-meaning-scope and importance-green accounting

concepts-advantages and limitations

(10 Hrs)


C1: Acquires knowledge about accounts of Holding companies.

C2: Develops skill in the preparation of consolidated Balance sheet.

C3: Recalls the terms, facts, and concepts of underwriting.

C4: Develops interest in Green accounting.

C5: Analyses the situation where computation of reasonable return and clear profit

is required.

C6: Applies the acquired knowledge and understanding in the preparation of

Statement of affairs, deficiency Account and Liquidators final statement of affairs.

C7: Introduces the use of accounting in Agricultural Farm.

Learning Resources

Textbook

1. Financial accounting, Nirmal gupta, Ane books private limited.

2. Advanced Financial Accounting, M.C.Shukla & T.S.Grewal, S.Chand & Co;

3. Advanced accountancy, Arulanandam & Raman, Himalaya Publishing House.

4. Fundamentals of Financial accounting, Nassem Ahmed, Ane books Pvt, Limited

5. Advanced Financial Accounting, R.L.Gupta & Radhaswami, Sultan Chand CO;

6. Advanced Financial Accounting, S.N.Maheswari

7. Advanced Financial Accounting, Paul & Kaur

8. Advanced Financial Accounting, B.D. Agarwal

9. Advanced Financial Accounting, S.P.Jain & K.L.Narang; Kalyani Publishers

Two samples of questions with model answers to them are given below



TI1. A enter in to a contract with B Ltd , to underwrite its 5,000 shares of Rs.10 each

in consideration of 5% commission. He also enters in to an agreement With C to sub

underwrite 1,000 shares of B Ltd. at a commission on 3%. The public subscribes for

2,000 shares and subsequently the shares were taken up by A who sold his shares @

Rs 9 per share. The shares taken up by C were sold @ Rs. 10 per share. Expenses of

underwriting amounts to Rs.600. Prepare Underwriting account in the books of A.

In the books of A

UNDERWRITING ACCOUNT

No

.of

shares

Amount No. of

shares

Amount

To bank(Expenses)

To bank (shares

taken up)

To bank

(commission to B)

3000

600

30000

300

By bank

(commission on

5000 shares of Rs

10 each)

By bank (transfer

of 600 shares of

Rs.10 each to C as

per sub

underwriting

agreement)

By bank (sale of

2400 shares @ Rs

9 per share)

By Profit & Loss

A/c

(loss on

underwriting)

600

2400

2500

6000

21600

800



3000 30900

3000

30900

TI2 : State different Laws related to Green Accounting?

The Forest (conservation) Act 1980

Hazardous Waste (Management & handling ) Rules 1989

The Environment(Protection)Act 1986

The Air (Prevention and control of pollution)Act 1981

Environmental protection water(prevention and control of pollution) Act 1974



BLUE PRINT

ADVANCED FINANCIAL ACCOUNTING- 11

Units Hours 3 marks

5/7

5 marks

6/9

15 marks

2/4

Total

75/126

Module 1

30 2 3 1 36

Module 11

20 1 2 1 28

Module111

15 1 1 2 38

Module 1V

15 2 2 0 16

Module V

10 1 1 0 8



Reg. No…………...…

Name :……………….

M.Com. DEGREE (CSS) EXAMINATION

Second Semester

Faculty of Commerce

CO2C06M – ADVANCED FINANCIAL ACCOUNTING- 11

Time: Three Hours Maximum Marks: 75

Part A



1. Define holding company

2. What kind of costs are factorised into green accounting?

3. Define Double Account system

4. What is cost of control?

5. What are the objectives of farm accounting ?

6. What do you mean by liquidation?

7. What is a Voyage Account?

(5x3=15)

Part B



8. Write notes on : (a) Inter company -owings (b) Minority Interest

9. Briefly comment on the status of Green accounting in India.

10. Differentiate between Pre-acquisition profit and Post-acquisition profit



11. Explain the special features of preparing Final Accounts and Appropriation of

profits in case of Electricity companies?

12. Bring out clearly the distinction between a winding up by the court and a

members’ voluntary winding up.

13. Mr X enter in to a contract with B Ltd, to underwrite its 8,000 shares of Rs 10 each

in consideration of 5%commission. He also enters into an agreement with C to sub

underwrite 2,000 shares of B Ltd at a commission on 3%.The public subscribes for

3,000 shares only and subsequently the shares were taken up by x who sold his shares

@ Rs 9 per share. The share taken up by C were sold @ Rs 10 per share. Expenses of

underwriting amounts to Rs600.Prepare underwriting account in the books of X

14. From the following information, prepare Cattle account to ascertain the profit made

by the cattle division

No. Value

Opening stock of livestock 100

2,00,000

Closing stock of livestock 118

2,42,000

Opening stock of cattle food

4,000

Closing stock of cattle food 5,000

Purchase of cattle during the year 180

3,70,000

Sales of cattle during the year 175

4,38,000

Sale of carcasses 5

1,000

Purchase of cattle food

40,000

Wages for rearing cattle

10,000

Crop worth Rs 11,100 grown in the farm was used for feeding the cattle. Out of the

calves born 4 died and their carcasses realized Rs 100



15. On April1,2011 S Ltd. issued 10% preference shares of Rs 1,00,000 at par. on this

date, S, Ltd’s General reserve and surplus account showed balances of Rs 80,000 and

Rs 50,000 respectively. On July5, 2011 S Ltd. Paid a final dividend of 12% on equity

shares for the year ended 31st March, 2011

On April 1,2011 H Ltd acquired 80% equity shares in S Ltd for Rs 3,00,000.On this

date machinery of S Ltd. Was revalued at Rs. 2,50,000.No entry for this was made in

the books of s

On March 31,2012, Liabilities and assets of H Ltd. and its subsidiary S Ltd. Stood as

follows:

Liabilities H Ltd

Rs.

S Ltd

Rs.

Assets

H Ltd

Rs.

S Ltd

Rs.

Equity share

capital

10% preference

share capital

General reserve

Surplus

Loans

Creditors

Bills payable

Unclaimed

dividend

8,00,000

……….

4,00,000

2,00,000

1,10,000

1,70,000

…………

…………

16,80,000

3,00,000

1,00,000

1,50,000

90,000

…………..

71,000

4,000

5,000

7,20,000

Machinery

Furniture

Share in S Ltd

Stock

Loan to H Ltd

debtors

Bank

Preliminary

expenses

6,25,000

85,000

3,00,000

4,00,000

………….

1,50,000

1,20,000

…………

16,80,000

-

2,70,000

50,000

…………..

1,90,000

10,000

80,000

1,10,000

10,000

7,20,000

Following further information is furnished:

(1) S Ltd provides depreciation on Machinery @ 10% on written down value. No

machine was sold or purchased during the year.

(2) H Ltd. Made payment by a cheque of Rs. 10,000 to S Ltd. On 27th March,2012,

for repayment of loan, which was received by S ltd.in April 2012

(3) No part of preliminary expenses was written off during the year.

Prepare Consolidated Balance sheet of H Ltd. And S Ltd. As at March,2012



16. An Electric supply company rebuilds its Mains at the cost of Rs19,90,000. This

excludes value of Rs 13,800 material of old main used for new one. The original

mains were constructed at a cost of Rs. 9,90,000.The ratio of material and labour then

was 7:3.The increase in material prices is 12.5% and in wage rates 15% .Material worth

Rs 25,200 from old works was sold.

Show journal entries and prepare works account and replacement account under

double account system for the above and determine the net cost of replacement.

(6x5=10)

Part C



17. Liabilities and assets of H Ltd and S Ltd as on 31st march 2012, were as follows:

Liabilities H Ltd

Rs

S Ltd

Rs

Assets H Ltd

Rs

S Ltd

Rs

Share capital:

10% preference

shares of Rs.100

each

Equity shares of Rs

100 each

General Reserve

Surplus A/c

Balance on 1-4-

2011

Profit for 2011-

2012

Creditors

----------

10,00,000

1,00,000

40,000

2,00,000

1,50,000

14,90,000

-----------------

1,00,000

4,00,000

50,000

30,000

80,000

70,000

7,30,000

...............

Land and

Building at cost

Machinery less

10% depreciation

3000 shares in S

Ltd

Stock at cost

Sundry debtors

Cash and bank

balance

3,10,000

2,70,000

4,50,000

2,20,000

1,55,000

85,000

14,90,000

--------------

1,60,000

1,35,000

1,50,000

90,000

1,95,000

7,30,000

--------------



H Ltd acquired 3000 equity shares in S Ltd on 1stoctober 2011 . As on the date of

acquisition ,H Ltd found that the value of land and buildings and machinery of S Ltd

should be Rs 1,50,000 and Rs 1,92,500 respectively.

Prepare the consolidated Balance sheet of H Ltd and its subsidiary S Ltd as on 31st

march 2012 taking in to consideration the fact that assets are to be taken at their proper

values.

18.You are asked by a liquidator of a company to prepare a statement of account to be

laid before a meeting of the shareholders from the following

Ledger Balances as on date of Liquidation 1-1-2012

Cr. Balances

Share capital:

4,000 Equity shares

of Rs 100 each

called Rs80

1000 preference

shares of Rs 100

each called Rs. 70

Secured loan from

bank on:

Building and

machinery

Trade creditors

Rs

3,20,000

70,000

1,50,000

2,60,000

8,00,000

Dr. Balances

Fixed Assets

Book Debts

Loss-to-date

Rs.

4,00,000

3,00,000

1,00,000

8,00,000



The assets realized as follows :1-4-2012 -- Book debts Rs 1,00,000, expenses paid

RsRs 4,000: 1-6-2012—Fixed assets (final) Rs 3,00,000, Book debts Rs 1,00,000 ,1-8-

2012-book debts (final) Rs 50,000. The Liquidator is entitled to 5% on collections from

book debts and 2% on the amount paid to equity shareholders. Prepare the Liquidators

statement of account on the assumption that disbursements are made in accordance with

law, as and when cash is available.

19 The Gurgaon Electricity company limited decides to replace one of its old plants

with a modern one with a larger capacity. The plant when installed in 1940 cost the

company Rs 24 lakhs, the components of materials, labour and overhead being in the

ratio of 5:3:2.

It is ascertained that the costs of material and labour have gone up by 40% and 80%

respectively. The proportion of overheads to total costs is expected to remain the same

as before.

The cost of the new plant as per improved design is Rs 60 lakhs and in addition,

materials recovered from the old plant of a value of Rs 2,40,000 has been used in the

construction of this new plant.The old plant was scrapped and sold for Rs 7,50,000

Accounts of the company are maintained under Double Account system, Indicate how

much would be capitalized and the amount that would be charged to revenue. Show

journal entries and prepare necessary ledger accounts.

20.ABC Limited went in to voluntary liquidation. The details regarding liquidation are

as follows:

Share capital:

1. 2,000 8% preference shares of Rs 100 each(fully paid up)



2. Class A-- 2,000 equity shares of Rs 100 each(Rs 75 paid up)

3. Class B—1,600 equity shares of Rs 100 each(Rs 60 paid up)

4. Class C—1400 equity shares of Rs 100 each(Rs 50 paid up)

Assets including machinery realized Rs 4,20,000. Liquidation expenses amount to Rs

15,000

Baker Ltd has borrowed a loan of Rs 50,000 from Patel Brothers against the mortgage

of machinery (which realized Rs 80500). In the books of the company salaries of four

clerks for four months at a rate of Rs 250 per month and salaries of four peons for three

months at a rate of Rs 150 per month, are outstanding . In addition to this the

company’s books show the creditors worth Rs 88,200.Prepare liquidator’s statement of

Receipts and payments. (2x15=30)



Course:STRATEGIC MANAGEMENT



Aim of the course:

To make the students familiar with the different aspects of administrative management

in decision making process

Course Overview and Context

This course intends to give a thorough knowledge regarding decision making process of

top management

Syllabus Content:

MODULE-1 Basic concept of strategy and strategic management- strategic

management process-models of strategic management-approaches to strategic decision

making- -vision-mission-objectives-goals-strategic levels in an organization-SBU

(15 Hrs)

MODULE-2 Environmental analysis-concept of environment-micro and macro

environment-environmental scanning-models for environmental analysis-value chain

analysis-SWOT analysis-BCG matrix-GE’s spot light matrix-Tows Matrix.

(15 Hrs)

MODULE-3 Strategic planning and formulation-stages of strategic planning strategic

alternatives- types of strategies-growth strategies dependency and reduction strategies-

horizontal and vertical integration-backward and forward integration-diversification

and

defensive strategies-generic strategies-grand strategies-portfolio strategies-turn around

strategies.

(25 Hrs)

MODULE-4 Organizational level strategies-capacity expansion-mergers-joint

ventures-acquisition,-takeovers-consortia-networking-franchisinglicensing- sub



contacting-concentric diversification-conglomerate diversification-7 S framework-

competitive analysis and strategies.

(20 Hrs)

MODULE-5 Strategy implementation-evaluation and control-various approaches to

implementation of strategy-strategic choice-strategy and structure strategic control

process-operational control-performance gap analysis-models and tools of control-

future of strategic management.

(15 Hrs)


Understand strategic environment

Acquire knowledge about strategic planning

Get an idea about the components of micro and macro environment.

Familiarize different techniques used in strategic forecasting

Understand SWOT Analysis

Learning Resources

Textbook

Text book of strategic management, U.C. Mathur, , Macmillain India limited.

2. Strategic Management: An Integrated Approach, Hill.

3. Strategic Management, CN.Sontakki, Kalyani Publications

4. Strategic Management: Theory and Practice, Parnell.

5. Fundamentals of Strategic Management, Parthasarthy.

6. Strategic Management, White, Palgrave Macmillian,

7. Strategic Management, Francis Cherunilam, Himalaya Publishing House.

8. Jauch Lawrance R, Business Policy and strategic Management, MacGraw Hill Co;

9. Sharmma RA, Strategic Management in Indian companies, Deep & Deep co;

10. FR.David, Strategic Management Concept and Cases, Prentive Hall India.

11. Philip Sadler, Strategic Management, Kogan Page India.


TI1: Define strategic management.



According to Lamb "Strategic management is an ongoing process that evaluates and

controls the business and the industries in which the company is involved; assess its

competitors and sets goals and strategies to meet existing and potential competitors."

TI2. Explain the features of strategic management.

1. It involves formulation of strategies by the top management.

2. It is an ongoing process to evaluate and control organisational performance.

3. It takes into account the performance of the industry and competitors.

4. Regular appraisal of performance to know whether the organisation

is moving towards the right direction

BLUE PRINT

STRATEGIC MANAGEMENT

Units Hours 3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 15 1 2 1 28

Module II 15 2 1 1 26


Module IV 20 2 0 1 21

Module V 15 1 4 0 23



Reg. No…………...…

Name :……………….


Second Semester

Faculty of Commerce

CO2C07M – STRATEGIC MANAGEMENT

Time : 3 hrs Maximum Marks :75

PART A

Answer any 5 questions


1. What are the features of strategic management?

2. What is Turnaround strategies?

3. What is TOWS Matrix?

4. What is environmental scanning?

5. What is BCG approach?

6. What is strategic programming?

7. What is a strategic review?

(5x3=15)

PART B



8. Discuss the steps involved in strategic formulation.

9. What is strategic choice? What factor influence strategic choice?

10. Explain strategic management model.

11. What is integration? Explain forward and backward integration concepts.



12. What is strategic budgeting? What steps are involved in it?

13. What are the components of strategic control process?

14. What is a merger? What are merits and demerits of merger?

15. What are the components that make industry environment?

16. What is SWOT analysis? Explain its importance.

(6x5=30)

PART C



17. What is 7-S Model? How it helps in reducing the difficulties in strategy implantation?

18. What is social responsibility? What are the arguments in favour and against social

responsibility?

19. Explain the major components of macro environment?

20. What is strategy implementation? What is the relationship between strategy formulation

and implementation?

(2x15=30)



Name of the Course: FINANCIAL MANAGEMENT STRATEGIES



Aim of the course:

To acquaint students with the advanced concept of financial management and to

develop financial strategies for the organization


The course covers the major areas of financial management. It highlights inventory

management, receivables management, cash management and dividend decions.

Syllabus Content:

MODULE-1 working capital management- concept of working capital-

types,determinants-

optimum level of current assets-liquidity VS profitability-risk return trade off-working

capital financing,estimating working capital needs.

(20 Hrs)

MODULE-2 Inventory management-nature of inventory-objectives of inventory

management-inventory control-systems and methods of inventory control-inventory

valuation.

(20 Hrs)

MODULE-3 Receivables management-need and importance-levels of receivables,

selection and evaluation of receivables- credit policy-credit evaluation terms-collection

of receivables-cost benefit analysis-average age of receivables-credit risk and default

risk analysis monitoring of receivables-factoring

(15 Hrs)

MODULE-4 Cash management-meaning-motives for holding cash-cash

planning,managing

cash flows-inflows and outflows-investing surplus cash determining optimum cash



balance-liquidity profitability analysis.

MODULE-5 Dividend decisions-internal financing-forms of dividend-dividend

policy and its objectives-stability of dividend-dividend theories, relevance theory-

Walter’s model, Gordon’s model-dividend uncertainty –irrelevance theory-MM theory.

(20 Hrs)


C1: Familiarize the students with the major objectives of financial management.

C2: Provide appropriate knowledge about the concept cost of capital and its relevance

in capital structure decisions

C3:Explain the time value concept in financial management.

C4: Create awareness about capital budgeting techniques.

C5: Analysis of different types of risks

Learning Resources

Textbook

1. Contemporary financial management, Rajesh kothari, Macmillain India limited.

2. Fundamentals of financial management, Preetisingh, Ane books private limited.

3. Financial management, Knott, Palgrave Mavmillian.

4. Financial management, Dhagat, kogent.

5. Financial management, Shah.

6. Essentials of Financial Management, Sudarsana reddy, Himalaya Publishing House

7. Financial management, S.N.Maheswari, Sultan Chand Co;

8. Van Horn, James C, Financial management, Prentice Hall India, Limited.

9. Khan MY, Jain PK, Financial Management, Tata Macgraw Hill publishing Co;

10. Pandey IM, Financial Management, Vikas publishing house.




TI1: What is internal financing?

Internal financing means raising of required finance by a firm through its internal

sources.A new company can raise finance only through external sources,such as

shares,debentures, loans,public deposits etc. However an existing or a going concern

which needs finance for its future growth and expansion,can also generate finance

through its internal sources namely retained earnings or ploughing back of

profits,capitalization of profits and depreciation.

TI2: Explain risk return trade off.

Risk means the chances of loss.Low level of risk are associated with low potential

return.High level of risk are associated with high potential return. The risk return trade

off is the balance between the desire for the lowest possible risk and the highest

possible return.



BLUE PRINT

FINANCIAL MANAGEMENT STRATEGIES

Units Hours

3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 20 1 2 1 28

Module II 20 2 1 1 26


Module IV 15 2 0 1 21

Module V 20 1 4 0 23



Reg. No…………...…

Name :……………….

M.Com. DEGREE (CSS) EXAMINATION,

Second Semester

Faculty Of Commerce

CO2C08M- FINANCIAL MANAGEMENT STRATEGIES

Time: Three Hours Maximum marks:75

Part A



1. What is zero working capital?

2. What is lock box system?

3. Name two main theories of dividend.

4. What is ABC analysis?

5. What are the objectives of Perpetual inventory system?

6. What are the costs of maintaining receivables?

7. What is lethargy? (5x1=5)

Part B



8. What should be the considerations in forming a credit policy?

9. What are the advantages of receivables management?

10. What do you understand by cash management?How can it be undertaken?

11. What shall be the repercussions if a firm has (a) Redundant working capital

(b) Inadequate working capital?

12. What is Modigliani and Miller approach of dividend policy?

13. What are the general principles of a sound working capital management

policy?

14. Write a note on dividend policy in practice.



15. Find EOQ

Annual usage . Rs2,00,000, cost of placing an orderRs80/ ,Annual carrying cost

10% of inventory value.

16. Following are the details regarding two companies A Ltd and B Ltd.:-

A Ltd B Ltd.

r= 15%

Ke= 10%

E= Rs8

R= 15%

Ke=10%

E= Rs8

Calculate the value of an equity share for each of these companies applying

Walter’s formula when dividend payment ratio is (a) 50% (b) 75%.

(5x2=10)

Part C Answer any two questions

Each question carries15 marks

17. Explain the tools and techniques of inventory management.

18. “Efficient cash management will aim at maximising the cash inflows and

slowing cash outflows”.Discuss.

19. Dryson Ltd provides the following information.

Cash sales during the year

Credit sales during the year

Returns inward

Trade debtors in the beginning

Trade debtors at the end

Provision for bad and doubtful debts

1,50,000

2,70,000

20,000

55,000

45,000

5,000

Calculate Debtors turnover ratio,Average collection period.



20. Assume all returns are from credit sales. ABC Ltd.sells its products on a gross

profit of 20%on sales.The following information is extracted from its annual

accounts for the year ended 31st March 2012

Sales (3months credit)

Raw materials

Wages (15 days in arreaes)

Manufacturing expenses(1 month in arrear)

Administration expenses (1 month in arrear)

Sales promotion expenses(payable half yearly in advance)

40,00,000

12,00,000

9,60,000

12,00,000

4,80,000

2,80,000

The company enjoys one month’s credit from suppliers of raw materials and

maintains 2 months stock of raw materials and one and half months finished

goods. Cash balance is maintained at Rs1,00,000 as a precautionary balance.

Assuming a 10% margin ,find out the working capital requirements of ABC Ltd.

Cost of sales for computation of debtors and stock of finished goods may be taken

at sales minus gross profit as per rate of gross profit given

(3x5=15)



Name of the Course: HUMAN RESOURCE MANAGEMENT



Aim of the course:

To help the students to understand the human resource functions in an organization


Achieving the goals of the organisation by gaining proper knowledge regarding

recruitment and selection, training and development and employee relations

Syllabus Content:

MODULE-1: Human resource management, introduction, nature, features, scope,

objectives, importance, functions, managerial and operative functions, personal

management Vs human resource management, qualification and qualities of human

resource manager, evolution and growth of HRM in India

(15 Hrs)

MODULE-2: Human resource planning, concept, objectives and importance, process,

limitations, job analysis. Recruitment, concept, sources, methods and techniques of man

power recruitment, characteristics of a good recruitment policy, principles of

recruitment, factors affecting recruitment, Selection, concept and procedures,

placement and induction.

(20 Hrs)

MODULE-3: HRD, concept, objectives, needs, significance, principles of HRD,

qualities of an HRD manager

(15 Hrs)

MODULE-4: Motivation, meaning, objectives, types of motivation, management

techniques to improve motivation, employee morale and productivity, nature and

significance of morale, factors influencing morale, concepts and significance of

productivity, factors influencing productivity, Performance appraisal, meaning ,



purpose, methods of performance appraisal. (20 Hrs)

MODULE-5: Leadership styles, theories of leadership styles, managerial grid,

contingency theory, theory X and Y, situational theory, path goal theory, leader

participation model, leader member exchange theory, 3D model of leadership, likert’s

four system of management, charismatic leadership theory, transformational leadership

theory, social learning approach.

(20 Hrs)


C1: Familiarize the students with the human resource management processes.

C2: Sensitize them to the training process and techniques.

C3: Provide appropriate knowledge and skills required for selecting, developing and

managing human resources.

C4: Create awareness regarding the different motivational techniques.

C5: Identify the different styles of leadership.

Learning Resources

Textbook

1. Fundamentals of HRM, Rajib Lochan Dhar, Macmillain India limited

2. HRM, Seema Sanghi, Macmillain India limited

3. Text book of HRM, Memoria, Himalaya Publishing House

4. Personal & HRM, Subbarao, Himalaya Publishing House

5. HRM, Naik, Ane books private limited.

6. HRM, Gupta.

7. HRM, Fisher.

8. Advanced HRM, S.C.Gupta, Ane books private limited.

9. HRM, Bratton, Palgrave Macmillian.



10. HRM, CB.Gupta.

11. HRM, Subbarao.

12. HRM, L.M.Prasad


TI1: Define HRM.

Ans: According to Flippo, “ Human Resource Management is the planning, organising,

directing and controlling of the procurement, development, compensation, integration,

maintenance and reproduction of human resources to the end that individual,

organisational and societal objectives are accomplished”.

TI2: Explain the importance of motivation.

Ans: High performance: Motivated employees will put maximum efforts for

achieving organisational goals. The employees should be offered more incentives for

increasing their performance.

Low employee turnover and absenteeism: When the employees are not satisfied with

the job then they will leave it whenever they get an alternative offer. When they are

satisfied with their job the rate of absenteeism will be low because they will try to

increase their output.

Better organisational image: Those enterprises which offer better monetary and

non0monetary facilities to their employees have a better image among them.

Better industrial relations: A good motivational system will create job satisfaction

among employees. The employment will offer them better service conditions and

various other incentives. Thus motivation among employees will lead to better

industrial relation



BLUE PRINT

HUMAN RESOURCE MANAGEMENT

Units Hours

3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I

15 2 1 1 26

Module II

20 2 2 1 31

Module III

15 3 1 0 14

Module IV

20 0 4 1 35

Module V

20 0 1 1 20



Reg. No…………...…

Name :……………….


Second Semester

Faculty Of Commerce

CO2C09M – HUMAN RESOURCE MANAGEMENT

Time: Three Hours Maximum Marks:75

Section A



1. What is Quality circle?

2. What is JIT?

3. Explain manpower planning.

4. Explain TQM.

5. Explain recruitment.

6. What is job design?

7. Define HRM.

(5x3=15)

Section B



8. Explain the nature of HRM.

9. What is HRP? Discuss its objectives.

10. What do you understand by job analysis? Discuss its main uses.

11. Define MBO. Discuss its merits and demerits.

12. Explain the different styles of leadership.

13. What are the major factors affecting the employee morale

14. Explain Herzberg’s two factor theory.

15. What is performance appraisal. Explain its process



16. Describe the techniques used for analysing the job

(6x5=30)

Part C

Answer any three questions

Each question carries 5 weight

17. Discuss the various sources of recruitment.

18. Explain the various methods of training.

19. Discuss the various methods of performance appraisal.

20. Personnel management is not a fire fighting function, but an integral part of

total management”. Discuss

(15x2=30)

*****************************



Name of the Course: OPERATIONS RESEARCH


Total Lecture Hours:90 Credits: 4

Aim of the course:

1. To enable the students to understand various techniques used in operation

Management decisions.

2. It help businessmen, managers etc operate their business and take right decisions.

To solve complex problems in the easiest and shortest ways

3. It covers different OR Models.


Decisions can be uncertain, and unpredictable, OR acts as a tool for better management

and helps in solving transportation, assignment, replacement problems using various

OR Models.

Syllabus Content:

MODULE-1 Operations research-meaning-origin and development-nature-OR in

India-OR as a tool in decision making-OR and management- models in OR-methods of

deriving the solution-limitations of OR.

(5 Hrs)

MODULE-2 Linear Programming-meaning-concepts-notations-uses and applications-

formulation-graphical solution-simplex method introduction of slack, surplus and

artificial variable-duality.

(25Hrs)

MODULE-3 Transportation problems- different initial allocation methods-move

towards optimality-MODI method of solving transportation problems. Assignment

problems-solutions-variations in assignment problems.

(20 Hrs)

MODULE-4 Decision theory-Quantitative approach to management decision making -

decision under conditions of uncertainty –Maximin –Maximax Hurwitz, Laplace and

Minimax regret criteria-Decision making under Risk- EMV EOL criteria-decision tree



analysis- Game theory-. Simulation: Basic Concept of Simulation, Monte-Carlo

simulation – Sequencing Problems

(25 Hrs)

MODULE-5 Network analysis-CPM and PERT-Net work concepts-construction of

network diagram-numbering the events (Fulkerson’s Rule), requirements-Network

calculations-CPM-Concept of float-PERT probability Considerations in PERT-

calculation of float/slack under PERT-PERT calculations-points of similarities and

dissimilarities in PERT and CPM-limitation of PERT and CPM.

(15 Hrs)


1. To have a clear understanding the applications of OR in various fields.

2. To detect management problems and solve them.

3. Understand different OR Models.

4. Understand applications of OR Models in business and industry

5. Calculate minimum cost or maximum profit using LLP

6. Solve LLP using Simplex method.

7. Understand slacks and artificial variables and their importance

8. Understand Big –M method

9. Determine Two- Phase method

10. How to construct a Simplex table

11. To solve LPP using Duality

12. To understand the term sensitivity analysis

13. Understand the meaning of transportation problems

14. Finding initial feasible solution using North West Corner Rule

15. The initial feasible solution using Lowest Cost Entry Method

16. Find the initial feasible solution using Vogels Approximation Method

17. Find the initial feasible solution using MODI Method

18. Maximise a transportation problem

19. Unbalanced transportation problems

20. Degeneracy in transportation problem

21. To learn to solve maximisation problems using assignment technique

22. To know arrears where assignment techniques can be used.

23. To understand the difference between assignment and transportation

problems.

24. Understand the travelling salesman problems



25. Helps to determine the replacement year of the assets

26. Understand some methods which are useful to make decision under

uncertainty

27. To understand Bayesians decision theory

28. To understand maximax, minimax and maximin decision criteria

29. To understand EMV and EOL Criterion.

30. To prepare pay off matrix and opportunity loss table.

31. Distinguish between PERT and CPM.

32. To prepare Network Diagrams.

Learning Resources

Textbooks

1.Operation research, theory and applications, J.K.Sharma, Macmillain India limited.

2. Operations Research: Principles and Practice, Ravindran.

3. Research methodology and OR, H.R.Ramanath, Himalaya Publishing House

4. Operation Research, VK.Kapoor, Sultan Chand Co;

5. OR, Sarmma & Ananad, Himalaya Publishing House

6. Operation Research, Kanthi Swarup, Sultan Chand Co;

7. Operation Research, SD. Sharmma, Kedarnath Co;

8. Operation Research-problem and solutions, J.K.Sharma, Macmillain India

limited.

9. Operations Research, K.K. Chawla, Gupta & Sharma; Kalyani Publishers



BLUE PRINT

OPERATIONS RESEARCH

Units Hours 3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 5 1 0 0 3

Module II 25 1 2 1 28


Module IV 25 1 2 1 28

Module V 15 2 3 1 36



Reg. No…………...…

Name:……………….

M.COM DEGREE (CSS) EXAMINATION

Second Semester

Faculty Of Commerce

CO2C10M OPERATIONS RESEARCH


Part A



1. What is a Decision Tree? Explain with an example

2. What is Sensitivity Analysis and Dual LLP Problem?

3. Distinguish between Assignment and transportation Problem?

4. What is simulation and its objectives?

5. What is meant by Total Float, Free Float, and Independent Float?

6. What is meant by Value of a Game, explain Game theory and its

assumptions?

7. Discuss briefly about the important OR models?

(5x3 =15)

Part B



8. State the Characteristics of Operation Research?

9. Explain the difference between PERT and CPM?



10. Discuss briefly about various decision-making situations under different

circumstances?

11. A company has four machines to do three jobs. Each job can be assigned to

one and only one machine. The cost of each job on each machine is given in

the following table.

Machines

1 2 3 4

A

Jobs B

C

What are job assignments which will minimize the cost?

12. Explain Vogel’s approximation method (VAM)?

13. An Electro- mechanical equipment has a purchase price of Rs 70,000. Its

running costs per year and resale values are given below

Year 1 2 3 4 5 6 7 8

Running

cost

(Rs)

4000 4100 4300 5200 6000 7000 8100 9200

Resale

value

(Rs)

8000 6000 4400 3200 2800 1400 1400 1400

At which year is the replacement due?

14. Draw the net work for the project whose activities with their relationships

are given below.

A,C,D can start simultaneously; E>B,C; F,G>D; H,I>E,F; J>I,G; K>H;

B>A

15. Solve the following LLP by graphical method:

Maximize Z = 80x1 + 120 x2.

Subject to the constraints X1+ X2 < 9

X1 >2

X2 > 3

18 24 28 32

8 13 17 19

10 15 19 22



20X1+ 50X2 < 360

X1, X2 > 0

16. Explain Maximin Minimax principle in decision theory? (6 x 5=30)

Part C



17. Solve the following LLP using simplex method?

Minimize Z= 4x1+x2

Subject to constraints: 3x1 + 4x2 > 20

x1+ 5x2 > 15

x1, x2 > 0

18. A Newspaper boy has the following probability of selling a magazine.

No. of copies sold Probability

20 .15

22 .10

24 .25

26 .30

28 .20

Cost of a copy is Rs.40 and sale price is Rs.60. He cannot return unsold

copies. How many copies should he order .

19. A company is spending Rs 1000 on transportation of its units from three

plants to four destinations centers the supply and demand of units, with unit

cost of transportation are given as:

DISTRIBUTION CENTRES

PLANT

D1 D2 D3 D4 AVAILABILITY

P1 19 30 50 12 7

P2 70 30 40 60 10

P3 40 10 60 20 18

REQUIREMENTS 5 8 7 15 35



What can be the maximum saving by optimal scheduling?

20. Consider the activity sequences in the following table for a projects.

Activity Preceding Activity Time (In Days)

A NIL 2

B NIL 3

C NIL 2

D B 4

E A,B 3

F B 2

G F,C 5

H G 4

I F 3

J I,D 2

K J 1

L E 6

1) Construct a Network Diagram and identify the Critical path.

2) Show the Total Float, Free Float and Independent Float for the different

activities?

(3x 5=15)



SEMESTER III



Name of the Course: MANAGEMENT ACCOUNTING



Aim of the course:

To help the students to understand the dependence of accounting information for taking

various strategic decisions.


The course covers major areas of analysis and interpretation of financial statements

with the help of management accounting. It helps in planning, co-ordinating,

communicating and controlling.

Syllabus Content:

MODULE-1: Nature, meaning, functions, scope, objectives, tools and techniques of

management accounting-meaning, objects , functions advantages and limitations of

financial accounting and cost accounting, Management accounting VS financial

accounting-Management Accounting VS cost Accounting.

(10 Hrs)

MODULE-2: Financial statement analysis, Financial statements, types of financial

Analysis, methods of financial analysis, comparative statements, trend Analysis,

common size statement, advantages and limitations of financial statement analysis.

(10 Hrs)

MODULE-3: Ratio analysis, meaning-significance, advantages and limitations of ratio

analysis, classification of ratios, income statement ratios, balance sheet ratios, inter

statement ratios, liquidity ratios-profitability ratios, ROI, turnover ratios-solvency

ratios, leverage ratios-miscellaneous Ratios, preparation of Trading and P&L account

and balance sheet on the basis of ratios, statement showing proprietary fund, Advanced

problems.

(25 Hrs)

MODULE-4: Statement of changes in financial position, Fund flow analysis, cash flow

analysis, advanced problems, estimation of working capital management reporting,



report writing, general principles of a good reporting system.(35Hrs)

MODULE-5: Inflation accounting, Meaning, CPP method, Replacement cost

accounting technique, CCA method, COSA, gearing adjustment, MWCA, advantages

and disadvantages of price level accounting.

(10 Hrs)


C1: Understand accounting methods and techniques used for decision making.

C2: Creating a knowhow regarding tools, techniques and conversion of management

accounting.

C3: Provides appropriate knowledge for making comparative statements, trend analysis

and common size statements.

C4: Creating an awareness regarding the calculation of various ratios.

C5: Making them to prepare cash flow and fund flow statements.

Learning Resources

Textbook

1. Management Accounting, Madhu Vij, Macmillain India limited

2. Management Accounting, SN.Maheswari, Sultan Chand Co;

3. Management accounting, Gordon, Himalaya Publishing House

4. Management accounting, Wilson, Himalaya Publishing House

5. Managerial Accounting, Balakrishnan, Wiley publications.

6. Management Accounting, Dr.SP.Gupta, Sahitya Bhavan, Agra.

7. Management Accounting, Manmohan & Goyal.

8. Management Accounting, RSN Pillai.

9. Management accounting-concepts and applications, Abhishek Godha, Macmillain



India limited.

10. Management accounting, Mamtasha, Ane books private limited.

11. Management Accounting, Sharma & Gupta; Kalyani Publishers


TI1: Define Management Accounting.

Ans: According to Anglo-American Council on Productivity : “Management

Accounting is the presentation of accounting information in such a way as to assist

management in the creation of policy and the day – to – day operation of an

undertaking.”

TI2: Distinguish between fund flow statement and cash flow statement.

Ans:

Basis Fund flow statement Cash flow statement

Concept Based on wider concept. Based on narrower concept

Basis of Accounting It is based on accrual basis Based on cash basis of accounting.

Basis of Usefulness Useful in planning intermediate

and long term financing.

It is more useful for short term

analysis and cash planning of

business.

Schedule of changes in

working capital

It is prepared to show the

changes in current assets and

current liabilities.

No such schedule of changes in

working capital is prepared.



BLUE PRINT

MANAGEMENT ACCOUNTING

Units Hours 3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 10 2 2 0 16

Module II 10 2 1 1 26


Module IV 35 1 3 1 33

Module V 10 1 1 1 23



Reg. No…………...…

Name :……………….


Third Semester

Faculty Of Commerce

CO3C11M-MANAGEMENT ACCOUNTING


PART A



1. What do you mean by external analysis?

2. Write down the objectives of financial statement analysis.

3. Distinguish between financial accounting & management accounting.

4. Write a note on common-size statements.

5. Calculate current ratio-

a. Current assets of a concern is 250000 & Current liabilities is 100000

6. Calculate debt service ratio-

a. Net profit before tax is 160000, tax rate is 50% & Interest Charges is

10000

7. Calculate absolute liquid ratio-

a. Inventories 20000, cash 45000, marketable securities 150000, bank

30000, Bank OD 70000, creditors 60000, Bills payable 120000 &

Reserves 10000.

(5x3=15)

PART B



8. Calculate inventory turnover ratio when gross profit is 20% & Conversion

period-

a. Credit sales 150000, cash sales 250000,returns inward 25000,opening

stock 25000 closing stock 35000

9. Calculate current assets & current liabilities-



a. Current ratio 2.5 , working capital 90000.

10. Calculate

a. Average stock b. purchases c. creditors turnover ratio d. average

payment period e. Average collection period f. working

capital turnover ratio.

b. Stock turnover ratio - 6 times, gross profit ratio 20% on sales, sales for

2011-300000, Closing stock is Rs. 10000 more than the opening stock,

opening creditors 20000, closing creditors 30000, debtors at the end

60000, net working capital 50000.

11. What are important long term solvency ratios? How we will calculate it?

12. Write the limitations of financial analysis.

13. Explain comparative statements.

14. Explain the procedure of financial statements analysis.

15. The following are the balance sheets of Sunidhra Ltd for the years ending 31st

Dec,2010&2011

Liabilities Amount Assets Amount

2010 `2011 2010 2011

Equity Capital 200000 330000 Fixed Assets 240000 350000

Preference

Capital

100000 150000 Stock 40000 50000

Reserves 20000 30000 Debtors 100000 125000

P&L A/C 15000 20000 Bills Receivables 20000 60000

Bank OD 50000 50000 Prepaid Expenses 10000 12000

Creditors 40000 50000 Cash 40000 53000

Provision for tax 20000 25000 Bank 10000 30000

Proposed

Dividend

15000 25000

460000 680000 460000 680000

Prepare Comparative Balance Sheet & Study its financial position.

16. Prepare Common size Balance Sheet

Liabilities Amount Assets Amount

X Ltd Y Ltd X Ltd Y Ltd

Equity Capital 250000 170000 Fixed Assets 350000 275000

Preference Capital 120000 80000 Stock 270000 300000

Reserves 50000 70000 Debtors 72000 12000

Loan 350000 279000 Bills Receivables 47500 25000

Bills payable 25000 14000 Prepaid Expenses 35400 -------



Creditors 18000 8000 Cash 48690 21000

Outstanding

expenses

8590 4500

Proposed

Dividend

2000 7500

823590 633000 823590 633000

(6x5=30)

PART C



17. From the following calculate trend ratios:

Amount(lakhs)

2008 2009 2010 2011

Sales 100 90 120 150

Less Cost of goods sold 60 60 70 80

Gross Profit 40 30 50 70

Less operating

expenses

10 10 15 20

Net operating profit 30 20 35 50

Less taxes 15 10 17.5 25

Profit after tax 15 10 17.5 25

18. From the following Balance Sheets of the company for the year ending 31st

December 2010 & 2011, prepare Schedule of changes in working capital and a

statement showing sources and application of funds.

Liabilities

31st December

Assets

31st December

2010

(Rs)

2011

(Rs)

2010

(Rs)

2011

(Rs)

Share capital 300000 400000 Plant and machinery 50000 60000

Creditors 100000 70000 Furniture 10000 15000

P&L Account 15000 30000 Stock 85000 105000

Debtors 160000 150000

Cash 110000 170000



19. Explain different devices of financial analysis.

20. What do you mean by inflation accounting? Enumerate its advantages and

disadvantages. (2x15=30)

415000 500000 415000 500000



Name of the Course: DIRECT TAXES – LAW AND PRACTICE



Aim of the course:

To give the students the basic idea about the theoretical aspects of income tax in India,

and to give an idea about the computation of income under different heads


To gain knowledge regarding the Income Tax Act and the basic deductions and

exemptions available

Syllabus Content:

MODULE-1 Objective of taxation, direct and indirect taxes, direct tax law in India,

changing section, basic concepts, income, gross total income, total income, person,

assessee, deemed assessee, assessee in default, role of tax, average rate of tax,

maximum marginal rate, residential status, incidence of tax, income except from tax.

(10 Hrs)

MODULE-2 Heads of income, income from salary, income from house property,

profit and

gains of business or profession, capital gain, income from other sources

(50 Hrs)

MODULE-3 Clubbing of income, setoff, carry forward and setoff

(5 Hrs)

MODULE-4 Deduction from gross total income

(10 Hrs)

MODULE- 5 Assessment of individuals, HUF, computation of tax including

agricultural income.

(15 Hrs)




C1: Learn to compute income and tax liability

C2: Understand the deductions and exemptions of income under the Income Tax Act.

C3: Impart basic knowledge and equip them with application of principles and

provisions of Income - tax Act, 1961

C4: Study the computation of income under different heads.

Learning Resources

Textbook

1. Income tax law and practice, Dr.H.C.Mehrotra & Goyal, Sahitya bhavan, Agra.

2. Direct tax law and practice, V.K.Singhaniya, Tax man publications.

3. Income tax law and practice, BS.Raman, United publishers,

4. Direct taxes, Bhagavathi Prasad, Viswaprakasan.

5. Direct Tax law and practice, AP.Philip, Soba Publications.

6. Income tax law and practice , Geethkrishnapai R.

7. Income tax law and practice, B.Bhattacharya.


TI1: Define assessee.

Ans: Every tax payer is an assessee. According to Sec: 2 (7) of the act “ assessee

means a person who is liable to pay any tax or who is liable to pay any other sum of

money or in respect of whom any proceedings under this act has been taken for

assessment and includes deemed assessee and assessee in deault

TI2: Write a short note on Gross Total Income?

Ans: It means the total income of the assessee during the previous year from

various heads of incomes, before making any deductions under chapter VI A Sec 80



C to 80 U of the Income Tax Act. However brought forward losses are deducted

from the incomes and the resultant amount is the gross total income.

BLUE PRINT

DIRECT TAX- LAW AND PRACTICE

Units Hours 3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 10 3 3 0 24

Module I 50 4 3 2 57


Module IV 10 0 1 1 20

Module V 15 0 0 1 15



Reg. No…………...…

Name :……………….


Third Semester

Faculty of Commerce

CO3C12M – DIRECT TAXES LAW & PRACTICE

Time: Three Hours Maximum Marks : 75

Section A



1. What is Gross Total Income?

2. What is Assessment Year?

3. What is unrealised rent?

4. What is cost of acquisition?

5. Define assessee.

6. Define perquisites.

7. Explain bond washing transactions

(5x3=15)

Section B



8. What are the income exempt from tax under the Income tax Act?

9. How will you decide the residential status of an individual for tax purpose?

10. Briefly explain set-off losses.

11. Explain the provisions regarding clubbing of income of minor child.

12. After serving for 32 years and 8 months in Solar Ltd, Mr. Joy who is covered

under the payment of Gratuity Act retires from service on 30th December 2012.

The employer pays him a gratuity of Rs. 10,00,000. His monthly basic salary at

the time of retirement was Rs. 32,500, DA Rs. 12,000 and HRA Rs. 5,900.

Compute the exempted amount of gratuity?



13. Mr. Kiran is the owner of house at Delhi, particulars in respect of which for the

year ended 31st March 2013 are as below:

(a) Actual rent received Rs. 9,000

(b) Municipal Value Rs. 8,400

(c) Total Municipal Tax Rs. 1,260

(d) Municipal tax paid by Mr. Kira Rs. 840

(e) Municipal tax paid by tenant Rs. 420

(f) Interest on loan taken for renewing the house Rs. 300

(g) Unrealised rent allowed in the A.Y 2009-10 recovered during the year

Rs.4,000

Compute Mr. Kiran’s Income from House Property for the A.Y 2013 – 14.

14. Following are the particulars of taxable income of Shri Manu for the previous

year ended 31st March 2013. Calculate his total income if he is a Not Ordinarily

Resident.

(a) Royalty received from Govt of India Rs. 25,000

(b) Income from business earned in Sri Lanka Rs. 10,000 of which Rs. 5,850

were received in Kanpur. Business is controlled from India

(c) Interest on U.K. Development bonds Rs 19,000

(d) Dividend from an Indian Company Rs. 50,000

(e) Share of profit from a firm in India Rs. 50,000

15. Mr. Jaisal an Indian citizen, left for USA for the first time, on 15.2.2013, for

business purposes. He returned to India on 1.4.2013 and again went for a

European tour on 30.4.2013. He returned to India on 5.3.2014 and remains in

the country thereafter. From the business in Europe he earned a net income of

Rs. 50 lakhs. Determine his residential status for the previous year 2013-14.

16. The following information relate to the income of Mr. Nikhil during the year

2013-14.

(a) Agriculture income from Nicobar Islands

Nil

(b) Income from sub-letting (10000-1000)

9,000

(c) Dividend from Indian Company engaged in agricultural activities

40,000

(d) Dividend from an Indian Company engaged in non-agricultural activities

60,000



(e) Dividend from a foreign company

2,00,000

(f) Income from consultancy services

1,00,000

(g) Income from a stone quarry in Maharashtra

1,50,000

(expenses in connection with stone extraction Rs. 1,10,000

(h) Agriculture income from USA

1,00,000

(6x5=30)

Section C



17. Briefly explain the provisions for deductions from Gross Total Income under

Chapter VI A of the Income Tax Act.

18. Dr. Rajan is a medical practitioner. He gives you the following summary of cash

book for the previous year.

To balance 10000 By rent of clinic 18000

Consulatation fee 60000 Purchase of medicine 3800

Visiting fees 45000 Staff salaries 24000

Gifts and presents 8000 Surgical equipments 40000

Sale of medicine 42000 Motor car expenses 8000

Dividends from UTI 6000 Purchase of car 140000

Life insurance maturity 100000 Household expenses 7000

Dividend on share 6000 Closing balance 2000

2,77,000 2,77,000

Other information

1. 50% of the motor car expenses are incurred in connection with profession. Car

was purchased in December 2011.

2. Household expenses include Rs. 6800 insurance premium

3. Gift and presents include Rs. 3000 from relatives



4. Closing stock for medicine Rs. 12000 and opening stock on 1-4-2012 was Rs.

4000

5. Depreciation of car as per Rules 20% and surgical equipment 25%

Compute his taxable income from profession.

19. Explain the provisions of Income Tax Act regarding exempted capital gains.

20. Mr. Bejoy is a manager of a company in a city where population is above 10

lakhs. He draws Rs. 30,000 per month as salary plus dearness allowance at the

rate of 20% of his salary. He is also getting the following monthly benefits

(a) City compensatory allowance Rs. 4000

(b) Medical allowance Rs. 1000

(c) Bonus Rs. 2000

(d) Commission Rs. 4000

He is provided with an unfurnished house owned by the employer. The fair

rental value of the house is Rs. 24,000 per annum. However the company

deducts Rs. 1000 per month from his salary in repect of the accommodation. He

has been provided the services of a sweeper, a cook and a gardener whose

wages are Rs. 1500 per month, Rs. 1800 per month and Rs. 1250 per month

respectively. He also gets free electricity for which the employer has paid Rs.

6000 during the year, to the electricity supply company. He owns a large car

(more than 1.6 litre c.c) which he uses for official and private purposes.

However the running expenses of the car are reimbursed to him which

amounted to Rs. 60000 during the year. Compute taxable salary for the year

2013-14.

(15x2=30)

*****************************



Name of the Course: INTERNATIONAL BUSINESS



Aim of the course:

To understand different aspects of international business.


The course provides a deep knowledge into International Business Environment,

Globalisation, Importance of international investment and International economic

institutions

Syllabus Content:

MODULE-1 International business-meaning, nature, importance of international

Business - difference between domestic business and international business-

international business environment-economic-political and legal-nature and scope

of international marketing-challenges of international business.

(15 Hrs)

MODULE-2 Globalisation and international business-global change and

international business-motives of firm internationalization-drivers of globalization-

global enterprise-transnational enterprise -transnational confederation-concept of

multinational organization-the changing pattern of multinationals-criticism of

MNCs’-MNCs’ in India.

(20Hrs)

MODULE-3 International economic institutions- IMF- WB-ADB-UNCTAD-WTO-

MFA-International trade and payments

(15Hrs)

MODULE-4 International investment-meaning-significance-types-growth

dispersionof foreign investment-FDI and FPI-mode of FDI entry-FDI in India-

Hurdles for FDI in India-mergers and acquisitions- foreign investment promotion

board-foreign investment implementation authority.



(25 Hrs)

MODULE-5 Global regulatory environment-international monetary system

exchange rate system-SDR, Currency and convertibility-distinct features of India’s

approach to convertibility-finance of global business-cash in advance-letter of credit-

documentary collection-open account terms.

(15 Hrs)


C1: Acquires knowledge about the nature and importance of international Business

C2: States and evaluate the finance of global business

C3: Examine the changing pattern of multinationals

C4: Develops interest in the topic FDI

C5: Analyses the importance of Global regulatory environment

C6: Evaluate the difference between domestic business and international business

C7:Identifies the characteristics of foreign investment promotion board

C8: Explains the challenges of international business

C9: Understand the motives of firm internationalization

Learning Resources

Textbook

1. International business, Sumathivarma, Ane books private limited.

2. International business management, SC.Gupta, Ane books private limited.

3. International business, Subbarao, Himalaya Publishing House

4. Elements of International Business, Chary, Wiley publications.

5. International Business, Fransis Cherunilam, Himalaya Publishing House

6. International Business, Francis Cherinilam, Himalaya Publishing Co;

7. International Business, Srivastava.




TI1: What is a letter of credit?

Letter of credit is an instrument issued by a bank at the request of the importer, in

which the bank promises to pay a particular sum of amount to beneficiary presenting

specified document in the letter of credit. Letter of credit is also known as “commercial

letter of credit” a documentary letter of credit; or simply a credit. It means letter of

credit reduces the risk of non completion of the transaction. The bank must receive a

fee for issuing the letter of credit.

TI2: Write a note on: ADB

Asian development bank is a multilateral development finance institution for fostering

economic growth in the Asian & Pacific region. ADB is a regional development bank

established in 1966 to promote economic and social development in Asian and Pacific

countries through loans and technical assistance. The ADB resources are generated

through subscriptions, borrowings on capital markets and income from a variety of

sources like interest on undisbursed assets.The majority of funds are in the form of

country subscriptions. The leading countries are Japan, USA, china, India, Australia,

Indonesia, the Republic of Korea and Germany

BLUE PRINT

INTERNATIONAL BUSINESS

Units Hours

3 marks

5/7

5marks

6/9

15marks

2/4

Total

75/126

Unit I 15 2 2 0 16

Unit II 20 2 2 0 16

Unit III 15 0 1 1 20

Unit IV 25 3 2 2 49

Unit V 15 0 2 1 25



Reg. No…………...…

Name :……………….


Third Semester

Faculty Of Commerce

CO3C13M-INTERNATIONAL BUSINESS

Time 3 hrs Maximum marks:75

Part A

Answer any 5questions.


1. Define International Marketing?

2. Define global enterprise.

3. What is FIPB?

4. What is open account?

5. Discuss SDR.

6. Distinguish between domestic and international business.

7. Describe the various types of FDI.

(5x3=15)

Part B



8. State the advantages of international acquisition?

9. State the challenges of International Business.

10. Explain Trade barriers

11. Discuss the functions and role of WTO

12. What are the various issues in Globalisation?

13. Write a detailed note on Exchange Rate Quotations.

14. Write a detailed note on purchasing power parity

15. What is Forex Market? Explain the structure of International Foreign Exchange

Market.



16. What do you mean by foreign collaborations .Explain the Foreign collaboration

trends in India since Liberalization. (6x5=30)

Part C



17. What is a Letter of credit? Explain its types

18. Describe in detail International Financial Investment Strategies and regulations for

Indian Companies.

19. What is the procedure of Exporting goods to foreign country?

20. Describe the features, objectives and powers of Asian Development Bank.

(2x15=30)



Name of the Course: CORPORATE GOVERNANCE



Aim of the course:

To understand the importance of corporate governance


The course provides a deep knowledge about the principles and constituents of

corporate governance. Attainment of corporate excellence through proper management

of cultural diversity a brief knowledge about business ethics, and the importance of

building good corporate image are the other areas covered.

Syllabus content:

MODULE-1 Corporate governance-meaning,importance,principles,objectives and

constituents- benefits of corporate governance-history and growth of corporate

governance in India- Stake holders and corporate governance.

(15 Hrs)

MODULE-2 Corporate governance : mandatory and non mandatory requirements-

board of directors-independent directors-audit committee-subsidiary companies-

disclosures-CEO/CFO certification-corporate governance report.

(20 Hrs)

MODULE-3 Corporate excellence- role of chairman in corporate governance

organisational culture- managing cultural diversity in organization.

(15 Hrs)

MODULE-4 Business ethics- ethics and values-the new management philosophy in

business- functional areas-integrity, sales -HRM-management of quality-organizational

culture

(25 Hrs)

MODULE-5 Building corporate image-meaning and importance-steps in building

corporate image-knowledge workers and knowledge management- Knowledge



economy-business ethics-protection of employees-QWL ,work life balance.

Competencies

C1: Familiarize students about the benefits of corporate governance.

C2: Understanding organisational culture.

C3: How to manage cultural diversity?

C4: Knowledge about business ethics.

C5: How to build good corporate image?

C6: Finding out quality work life.

TextbookS

1. Corporate governance and business ethics, U.C.Mathur, Macmillain India limited.

2. Corporate governance, Machiraju, Himalaya Publishing House.

3. Corporate Governance, Monks.

4. Corporate Governance: Principles, Mechanisms & Practice, Parthasarathy.

5. Corporate governance and Business Ethics and CSR, J.P.Sarmma, Ane books private

limited.


TI1: Define corporate governance.

Corporate governance is a set of system and process which ensure that a

company is managed to suit the best interest of all those who are interested in the

well being of the company.

TI2: What is business ethics?

Business ethics (also corporate ethics) is a form of applied ethics or professional

ethics that examines ethical principles and moral or ethical problems that arise

http://en.wikipedia.org/wiki/Applied_ethics

http://en.wikipedia.org/wiki/Professional_ethics

http://en.wikipedia.org/wiki/Professional_ethics



in a business environment. It applies to all aspects of business conduct and is

relevant to the conduct of individuals and entire organizations.

BLUE PRINT

CORPORATE GOVERNANCE

Units Hours 3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 15 2 3 1 36

Module II 20 2 1 1 26


Module IV 25 1 1 1 23

Module V 15 1 2 0 13



Reg. No…………...…

Name :……………….


Third Semester

Faculty of Commerce

CO3C14M - CORPORATE GOVERNANCE

Time : 03 Hrs Max.marks:75

Section A


Each question carries three marks

1. Define corporate governance

2. What is meant by ALP?

3. Define business ethics

4. What do you understand by bench marking?

5. Define corporate excellence

6. What is meant by environmental audit?

7. Who is a whistleblower?

(5x3=15)

Section B

Answer any six questions.

Each question carries five marks

8. What are the benefits of corporate image?

9. Explain the process of knowledge management

10. Explain the role of Audit committee in clause 49.

11. State the important principles of corporate governance.

12. Explain the process of TQM.

13. Explain the arguments in favour of CSR.

14. Explain the factors influencing corporate governance.



15. What are the benefits of cultural diversity?

16. Explain the reasons for the failures of corporate governance

(6x5=30)

Section C

Answer any two questions.

Each question carries fifteen marks

17. Explain the different functional areas of ethics in business.

18. Discuss the mandatory requirements of the clause 49 of Listing agreement.

19. Explain the need and importance of corporate governance in India.

20. What are the major techniques used by companies to achieve excellence.

(2x15=30)



Name of the Course: BUSINESS ENVIRONMENT

Duration: One Semester Code:CO3C15M


Aim of the course:

To understand the impact of environment on business

To understand Corporate Social Responsibilities

To inculcate the ethics to be kept by businessmen


Environment plays a vital role in the success of the business, a brief understanding of

these external factors helps, the business to grow and there by attaining sustainable

development.

Syllabus Content:

MODULE-1 Nature and scope of business environment-meaning, concepts, objectives

of business-micro and macro environment-uses of environmental study-relationship

between business and its environment.

(15Hrs)

MODULE-2 Economic environment-economic system-merits and demerits features

of economic system.

(10 Hrs)

MODULE-3 Political and legal environment-classification of political system

political risk-causes-types-relationship between business and government-

responsibilities of business towards government responsibilities of government towards



business-kinds of legal system.

(20 Hrs)

MODULE-4 Social and cultural environment-natural environment-elements of

culture-global and natural culture-social responsibilities of business CSR-nature-

models-strategies-arguments for and against social Natural environment-Environment

management objectives-impact on business. (30 Hrs)

MODULE-5 Environmental management-sustainable development-Environmental

impact assessment and its relevance-Environmental ethics-EIA inputs to project life

cycle environmental accounting-assessing the Components of environmental costs.

(15Hrs)


1. Understand the scope of business environment

2. Identify the objectives of business

3. Understand relationships between business and environment

4. Understand different uses of the environmental studies

5. Familiarize economic environment systems and its features.

6. Understand the political and legal environment

7. Understand the responsibilities of the government towards the business.

8. Different kinds of legal systems

9. Overview on the social and cultural environment

10. Social responsibilities of business

11. Corporate social responsibilities

12. Understand the different types of legal systems

13. Understand environmental management

14. Understand environmental accounting

15. Importance of sustainable development

16. Assess the Components of environmental costs.

Learning Resources

Textbook

1. Business Environment, Elsevier, Ane books private limited.

2. Business environment, Fransis Cherunilam, Himalaya Publishing House

3. Environmental management, Behera, Himalaya Publishing House



4. Environmental management, Jadhav, Himalaya Publishing House

5. Essentials of business environment, Aswathappa, Himalaya Publishing House.

6. Bussiness Environment , Rosy Joshi & Sangam Kapoor; Kalyani Publishers

BLUE PRINT

BUSINESS ENVIRONMENT

Units Hours

3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 15 3 1 0 14

Module II 10 1 1 1 23


Module IV 30 0 1 1 20

Module V 15 2 3 2 51



Reg. No…………...…

Name :……………….


Third Semester

Faculty of Commerce

CO3C15M – BUSINESS ENVIRONMENT


Part A



1. What is environmental cost?

2. What are the limitations of environmental analysis?

3. Define capitalism? Explain its merits and demerits?

4. What are the uses of business environmental study?

5. Define EMA. Its objective and scheme of environmental auditing?

6. What is the purpose of EIA and explain the challenges before EIA?

7. What is ecological environment

(5 x 3=15)

Part B



8. Define socialism its merits and demerits

9. Describe the responsibilities of government towards business

10. Explain environmental ethics

11. What are the recent trends in EIA

12. What are the steps involved in the audit process.

13. What is the impact of natural environment on the business of a country like

India

14. Describe the macro – environment of a business



15. Discuss the causes of political risk.

16. Briefly explain environmental management?

(6 x 5=30)

Part C



17. Discuss CSR Models?

18. Define globalization. Why do companies go international?

19. What is project life cycle? Discuss its various stages?

20. Describe the uses and types of environmental accounting?

(2 x 15=30)



SEMESTER IV



Name of the Course: ADVANCED COST ACCOUNTING



Aim of the course:

To learn about the higher application of cost accounting techniques and methods.


The course covers major areas of cost accounting techniques like marginal costing,

budgetary control, standard costing and variance analysis.

Syllabus Content:

MODULE-1: Process costing-Normal loss, Abnormal loss, Abnormal gain, Inter

process, Profit, Equivalent production, Valuation of work in progress, Joint product,

Bye product, Advanced problems.

(20 Hrs)

MODULE-2: Marginal costing, Breakeven analysis, cost volume profit analysis,

application of marginal costing in business decisions, application of differential costing

in business decisions, Advantages and limitations, Advanced problems of application.

(25 Hrs)

MODULE-3: Budgetary control, Budget and budgetary control, preliminary steps for

the adoption of a system of budgetary control, types of budget, functional budget, cash

budget, fixed and flexible budgeting, zero base budgeting, performance budget,

responsibility accounting, advantages and limitations of budgetary control.

(15 Hrs)

MODULE-4: Standard costing-standard cost, standard costing Vs budgetary control,

variance analysis, material, labour, overhead, sales variances, advantages and

limitations of standard costing.

(20 Hrs)

MODULE-5: cost accounting system, cost ledger accounting, integral accounting



reconciliation of cost and financial accounting.(10 Hrs)


C1: Understand cost accounting methods and techniques used in an organization.

C2: Creating a knowhow regarding fixed cost, variable cost and break even analysis.

C3: Provides appropriate knowledge for preparing different types of budgets.

C4: Creating an awareness regarding standard costing and variance analysis.

C5: Prepare reconciliation statements.

Learning Resources

Textbooks

1. Advanced cost accounting, M.L.Agarwal, Sahitya bhavan, Agra.

2. Advanced cost accounting, SN.Maheswari & Mittal.

3. Cost and management accounting, MN.Arora, Himalaya Publishing House.

4. Advanced cost accounting, Gowda, Himalaya Publishing House.

5. Advanced cost accounting, Nigam & Sharmma.

6. Advanced cost accounting, NK.Prasad.

7. Cost and Management accounting, SN.Maheswari.

8. Advanced cost accounting, SP.Iyengar.

9. Advanced cost accounting, Saxena & Vasisht.

10. Advanced Cost Accounting, S.P.Jain & K.L.Narang; Kalyani Publishers




TI1: What is an angle of incidence?

Ans: This is the angle formed at the breakeven point at which the sales line cuts the

local cost line. This angle indicates rate at which profits are being made. Large angle of

incidence is an indication that profits are being made at a high rate. On the other hand, a

small angle indicates a low rate of profit and suggests that variable costs form the major

part of cost of production.

TI2: Distinguish between budget and forecast.

Ans:

Basis Budget Forecast

Events It relates to planned events Concerned with probable

events.

Period It is usually planned for

each accounting period.

It may cover a long period

or years.

Process It starts where forecast ends

and converts it into a

budget.

It ends with the forecast of

likely events.

Control It is a tool of control. It does not connote any

sense of control.



BLUE PRINT

ADVANCED COST ACCOUNTING

Units Hours

3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 20 1 2 1 28

Module II 25 2 3 1 36


Module IV 20 2 2 1 31

Module V 10 1 1 0 8



Reg. No…………...…

Name :……………….


Fourth Semester

Faculty of Commerce

CO4C16M - ADVANCED COST ACCOUNTING


PART A



1. Name the four important aspects of process costing.

2. What is normal loss? How is it treated in cost accounts?

3. Explain the non-cost methods of by-products.

4. What is breakeven point?

5. What is key factor?

6. What is third entry system?

7. What are the limitations of historical costing?

(5x3=15)

PART B



8. A manufacturing concern which has adopted standard costing and furnishes the

following information.

Standard

Material for 70 kg

Finished product 100 kg.

Price material Re 1 per kg.



Actual

Output 210000 kgs.

Material used 280000kgs

Cost of material Rs 252000

Calculate

a. Material usage variance

b. Material price varianceand

c. Material cost variance.

9. A product passes from process 1and 2. Material issued to process1 amounted to Rs

40000, labour Rs 30000 and manufacturing overheads were Rs. 27000. Normal loss

was 3% of input as estimated. But 500 more units of outputs of process1 were lost due

to the carelessness of workers. Only 4350 units of output were transferred to process2.

There were no opening stocks. Input rawmaterials issued to process1 were 5000 units.

You are required to show process1 and 2 accounts.

10. From the following prepare

a. Profit and loss account

b. A statement showing the cost of manufacturee, calculating factory expenses at 25%

on prime cost and office overheads at 75% on factory expenses.

c. A statement reconciling the profits shown by the cost accounts with that shown by

P&L account. The selling price was fixed at cost plus 25%.

Stock on 1st April,2012

Finished articles Rs 8000

Raw materials Rs 4000

Stock on 31st march ,2013

Raw materials Rs.6000



Finished articles Rs 2000

Purchase of raw materials Rs 24000

Wages Rs 10000

Sales Rs 65000

Work expenses Rs 7750

Office expenses Rs 6100

11. Explain the inter relationship between standard costing and budgetary control.

12. How you will deal with under valuation and over valuation of stocks in cost

accounts while preparing reconciliation statement?

13. Explain different types of budgets.

14. "Marginal costing is helpful for profit planning " Explain.

15. Explain the inter relationship between curren4 standard and basic standard.

16.Define variance analysis. What are the ways of disposing cost variances.

(6x5=30)

PART C



17. What do you mean by cost ledger accounts? Explain briefly the various cost ledger

accounts. Describe their advantages.

18. From the following particulars, draw a break even chart and find out the breakeven

point.

Variable cost per unit Rs 10

Selling price per unit Rs 15

Fixed expenses Rs 40000



What will be the selling price per unitif breakeven point is brought downn to 5000

units.

19. From the following data of Kiran Processing Industry Ltd, calculate

a. Equivalent productionon

b. Cost per unit of equivalent production and

c. Cost of units completed

Number of units introduced Rs 4000

Number of units completed 3500

Number of units in process at the end of the period 400

Stage of completion

Materials 80%

Labour 50%

Overheds 50%

Normal process loss at the end of the process is 100 units.

Value of scrap Re 1 per unit.

Value of raw materials Rs 7740

Wages Rs 11100

Overheads Ts 7400.



20. Based on the following information prepare a cash budget for ABC Ltd.

1st Quarter(Rs) 2nd Quarter(Rs) 3rd Quarter(Rs) 4th Quarter(Rs)

Opening cash

balance

10000

Collection from

customers

125000 150000 160000 221000

Payments

Purchase of

materials

200000 35000 350000 54200

Other expenses 25000 20000 200000 170000

Salary and wages 90000 95000 95000 109200

Income tax 5000

Purchase of

machinery

20000

The company desires to maintain a cash balance of Rs 15000 at the end of each quarter.

Cash can be borrowed or repaid in multiples of Rs 500 at an interest of 10% per annum.

Management does not want to borrow cash more than what is necessary and wants to

repay as early as possible. In any event, loans cannot be extended beyond four quarters.

Interest is computed and paid when the principal is repaid. Assume that borrowings

take place at the beginning and repayments are made at the end of the quarters.

(2x15=30)



Name of the Course: DIRECT TAXES – ASSESSMENT & PROCEDURE



Aim of the course:

To make the students familiar with the assessment and procedures of direct taxes in the

country


To give the students an idea about the computation of total income and to know the

relevant provisions relating to assessment.

Syllabus Content:

MODULE-1 Assessment and computation of tax, firms, AOP/BOI, Companies,

MAT(40 Hrs)

MODULE-2 Assessment procedures, return, types of return, due dates for filing

returns, defective return, interest for default, PAN, types of assessment, TRP,

rectification of mistakes.

(10 Hrs)

MODULE-3 Income tax authorities and powers, deduction and collection of tax at

source, advance payment of tax-refund of tax-survey search and seizure, appeals and

revision, penalties and offences, double taxation. (10 Hrs)

MODULE-4 Wealth tax, basic concept, clubbing of assets, computation of wealth tax,

valuation of assets, wealth tax returns, assessment, offenses and prosecutions.

(20 Hrs)

MODULE-5 Tax planning, Tax avoidance, tax evasion, tax management, need of tax

planning, tax planning based on residential status, tax planning for salaried assessee, tax

planning for income from house property, tax planning for business and profession, Tax

planning for capital gain, tax planning for income from other sources, tax planning for

individuals, firms, companies, limitations of tax planning.

(10 Hrs)




C1: Understand the concept of residence and incidence of income tax

C2: Study the various provisions relating to assessment

C3: Gain a basic idea about the theoretical aspects of income tax in India

Learning Resources

Textbook

1.Income tax law and practice, Dr.H.C.Mehrotra & Goyal, Sahitya bhavan,

Agra.

2. Direct tax law and practice, V.K.Singhaniya, Tax man publications.

3. Income tax law and practice, BS.Raman, United publishers,

4. Direct taxes, Bhagavathi Prasad, Viswaprakasan.

5. Direct Taxes-BB.Lal

6. Direct Tax law and practice, AP.Philip, Soba Publications.

7. Income tax law and practice , Geethkrishnapai R.

8. Income tax law and practice, B.Bhattacharya


TI1: What is tax evasion?

Ans: It is illegal method of saving tax and it makes the person liable to penalties

and prosecution. The method of tax evasion is:



Not showing income at its real level

Inflating the expenses and thus reducing the real income

Manipulation of accounts to reduce the income

Violation of rules and regulations of law with the intention to save tax

Manipulation of sale and purchase of property

TI2: What is Assessment year?

Ans: Assessment year is the period of 12 months commencing on 1 April every

year. During this period wealth of a person is assessed to tax.

BLUE PRINT

MANAGEMENT ACCOUNTING

Units Hours

3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 40 1 3 2 48

Module II 10 3 2 1 34


Module IV 20 1 1 1 23

Module V 10 1 1 0 8



Name of the Course: INTERNATIONAL FINANCE

Duration: One Semester Code: CO4EA1M


Aim of the course:

• To give knowledge about International finance and methods of international

investments

• To make the students aware of about International monetary system, multinational

financial management and Parity conditions in international finance


Provides a detailed idea about macro environment on which financial transactions are

carried out and ways and means of raising of finance by MNCs’.

Syllabus Content:

MODULE-1 International finance- meaning-nature and importance-bretten woods

conference and afterwards-IMF and world bank, methods of international

investments-balance of payments and its components, recent trends in international

finance and trade-international flow of goods- service and capital coping with

current account deficit.

(20 Hrs)

MODULE-2 International financial system-International monetary system

developments-gold standard-brettenwood system-fixed parity system smithsoniam

arrangement-exchange rate regime since 1973-floating system-international liquidity

–creation of SDR-IMF-funding facilities-European monetary system-monetary and

banking institutions in international markets.

(20 Hrs)

MODULE-3 MNCs-multinational financial management-theory and practice

complexities



and issues in managing financial functions in MNCs techniques of covering foreign

exchange risk by MNCs.

(15 Hrs)

MODULE-4 Parity conditions in international finance-currency forecasting arbitrage

and law of one price-PPP theory-fisher effect-inflation risk and its impact on

financial market-currency forecasting.

(20 Hrs)

MODULE-5 Management of working capital-international cash management

receivables

management and inventory management-Management of short term overseas

financing resources- foreign investment analysis international portfolio investment-

corporate strategy and FDI

(15 Hrs)


C1: Develops understanding about recent trends in international finance and trade

C2: Acquire knowledge regarding Management of short term overseas financing

resources

C3: Analyse various techniques of covering foreign exchange risk by MNCs.

C4: Collect relevant information regarding monetary and banking institutions in

international markets.

C4:Explains the importance of IMF and world bank

C5: Identfies inflation risk and its impact on financial market-currency forecasting.



Learning Resources

REFERENCE BOOKS

1. International finance, Levi, T&F Ane.

2. International Finance, OS.Srivastava.

3. International Finance, MS. Vijayakumari

4. International finance, Avadhani, Himalaya Publishing House

5. International financial management, Agarwal, Himalaya Publishing House

6. International Finance: A Casebook, Desai.

7. International financial management, PK.Jain, Macmillain India limited

8. Global Financial Management, Anbarasu, Ane books private limited.

9. International Finance, Parul Khanna, Rubeena Bujwa; Kalyani Publishers


TI1: Write short note on – Capital account

The capital account comprises of foreign direct investment, Portfolio investment and

the short term capital flows. e.g. if the Honda motors set up a car manufacturing plant

in India then it is termed as foreign direct investment(FDI) . Any investment that is

made with the intention of managing the assets is termed as FDI. The portfolio

investment is of a more flighty nature and is the investment in the stocks and the

bonds by private parties and government. The third component includes any form of

loans and borrowings that have been made or received by Indian government and

Indian companies and nationals having a maturity of less than one year.

TI2: What is a Free Trade Area?

A free trade area is characterized by the fact that tariffs among the members of FTA

are abolished, however each member maintains its own external tariffs against non-

FTA countries. Each member country is free to maintain its own independent policy

with regard to non FTA member countries. A free trade area is different from the



trade agreements since the latter includes only one or few commodities whereas FTA

includes almost all commodities being traded between the member countries unless

specified otherwise. Further, the FTA policies are directed towards member countries

where as the trade agreements policies are directed towards Non member countries.

BLUE PRINT

INTERNATIONAL FINANCE

Units Hours

3 MARKS

5/7

5

MARKS

6/9

15

MARKS

2/4

Total

75/126

MODULE- I 15 1 0 2 33

MODULE- II 20 1 2 1 28

MODULE-III 15 1 1 1 23

MODULE- IV 25 4 2 0 22

MODULE- V 15 0 4 0 20



RegNo…………...…

Name :……………….


Fourth Semester

Faculty of Commerce

CO4EA1M– INTERNATIONAL FINANCE

Time :3 hrs Maximum marks:75

Part A


Each question carries 3marks

1. What is the relationship between international business and international

finance?

2. Define Balance of payment.

3. Write short note on : (a) capital account

4. What is a free trade area?

5. What is the difference between a customs union and a common market?

6. Write short note on : (a) positive and negative integration

7. Define PPP theory (5X3=15)

Part B



8. What are the different official and non official sources of funds in the

international financial markets?

9. What factors are responsible for the emergence of Euro markets?

10. Explain about inflation risk and its impact on financial market.

11. What are the challenges that an investor faces while diversifying his

portfolio internationally?



12. Write short note on : Depository receipts

13. Why is capital budgeting for foreign investment projects important for a

firm?

14. What are the strategies used by MNC to manage its collection and

disbursement?

15. What are the tools and techniques of inventory management?

16. Explain netting. What are the advantages of using a multilateral netting

system.? (5X6=30)

Part C



17. Discuss the nature and scope of International finance.

18. Define a multinational corporation. What role have multinational

corporations played in developing international finance as a specialized

subject?

19. “Balance of payment always balances”. Explain.

20. Discuss the evolution of Bretton Woods System under IMF.

(2x15=30)



Name of the Course: FINANCIAL MARKETS AND DERIVATIVES

Duration: One Semester 4:0 Code:CO4EA2M


Aim of the course:

To make the students familiar with the financial system of the country in general and

capital market operations in particular. The course also intends to give good

understanding of commodity trading through multi commodity exchanges.


The objective of the course is to give good understanding of commodity trading

through multi commodity exchanges.

Syllabus Content:

MODULE- 1 Financial system- Indian financial system- components, role and

functions of financial system-money market, capital market, industrial security market,

government securities market- modern financial instruments.

(10 Hrs)

MODULE-2 Primary market- functions, methods of new issue-pricing of an issue –

Book building -intermediaries in the new issue market-secondary market- types of

traders.

(10 Hrs)

MODULE-3 Derivatives-meaning, types- forwards- forward prices- continuous

compounding-currency forwards-exchange rate quotation: direct and indirect- bid and

offer rates- spot market and forward rate- foreign exchange risk- hedging through

forwards-speculation- option forward deals- closing forward contracts- currency

forwards and banks -advantages and disadvantages of forwards.

(20Hrs)

MODULE-4 Futures contracts- features- delivery terms-price and price limit-long and

short positions- open interest-uses of futures- pricing- cost of carry model in perfect

market environment and imperfect market environment- deviations from model



expectation- model of futures pricing- price patterns- difference between future and

forwards commodity futures-trading mechanism- forward market commission

important commodity exchanges in India-role of futures market currency futures-

clearing and settlement- margin-market to market use of currency futures-stock futures-

hedging with futures-stock futures trading in India-index futures trading-uses-interest

rate futures.

(25 Hrs)

MODULE-5 Options-types-trading-uses-currency options-combination of options

exotic options-option pricing-black scholes model- assumptions notations- calculation

of option price-using put call party-dividends anticipated-pricing of American option-

binomial model of option

pricing-financial swaps- interest rate swaps-swapping through intermediaries -

motivation for coupon swap-currency swaps.

(25 Hrs)


C1: Understand functions and components of Indian financial system.

C2: Acquire knowledge about non-banking institutions

C3: Get an idea about the components of money market.

C4: Familiar with growth and developments of new issues market.

C5: Understand the factors influencing prices on stock exchanges.

Textbooks

1. Commodity and financial derivatives, S.Kevin, PHI Learning PVT.LTD.

2. Financial derivatives, SSS. Kumar, PHI Learning PVT.LTD.

3. Fundamentals of Financial Derivatives, Parasuraman.

4. Derivatives and financial market, Gopalakrishnan, Himalaya Publishing House



5. Fundamentals of derivatives market. Prabhullakumar.

6. Understanding futures market, Robert W Kolb, PHI Learning PVT.LTD.

7. Financial derivatives, Redhead Keith, PHI Learning PVT.LTD.

8. Options, Futures and other derivative securities, Hull John C, PHI Learning

PVT.LTD.

9. Financial Instituitions and Markets, Shashi. K.Gupta etc.. ; Kalyani Publishers

Practical Work/Assignment Collection and filling up of various forms under KVAT

Act/Rules Preparation of Returns.

Two samples of questions with model answers to them are given below

TI1: Explain SEBI's power in relation to stock exchanges.

1. It may call periodical return from stock exchanges.

2. It can amend bye laws of the stock exchange.

3. It can compel a public company to list its shares.

4. In certain areas it can licence the dealers in securities.

TI2: What is CAPM?

Capital asset pricing model theory is consistent with the Normal Backwardation

Theory, the Contango Theory, and the Expectations Theories and can be used to

determine the prices of future.



BLUE PRINT

FINANCIAL MARKETS AND DERIVATIVES

Units Hours 3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 10 3 1 1 29

Module I 10 3 2 1 34


Module IV 25 1 3 0 18

Module V 25 0 2 1 25



Reg. No…………...…

Name :……………….


Fourth Semester

Faculty of Commerce

CO4EA2M –FINANCIAL MARKETS AND DERIVATIVES


PART A



1. Define money market

2. Define Currency Forward Contracts.

3. What is a financial system?

4. What are gilt-edged securities?

5. What is book building?

6. What do you mean by primary market?

7. Define stock exchange. (5x3=15)

PART B



8. Which documents are to be filed with the stock exchange for listing of securities?

9. Write a note on the advantages and disadvantages of Forward Contracts.

10. Explain the relationship between Future price and spot price.

11. Differentiate Forward contract and Option contract

12. What are the features of futures contract?.

13. What is the role of SEBI in a stock exchange?



14. Explain the various types of speculators in the stock market?

15. Discuss in detail different types of Options?

16. Explain the major components of money market.

(6x5=30)

PART C



17. Explain the major money market instruments.

18. What do you understand by marketing of securities? Explain the different methods

of marketing of securities??

19. Define derivatives. Explain the use of different types of derivatives.

20. Write as note on option contracts. (2x15=30)



Name of the Course: SECURITY ANALYSIS AND PORTFOLIO

MANAGEMENT

Duration: One Semester Code: CO4EA3M


Aim of the course:

- To give a detailed idea about techniques of Security analysis

- Knowledge about the risk involved while dealing In the market

- Different analysis to be done before selecting an investment portfolio

- An overview on the different theories existing in the capital market.


To motivate students to be future investors in the capital market, by inculcating within

them, the basic knowledge of selecting portfolios and investing in the right company

thereof maximising benefits and minimising loss.

Syllabus Content:

MODULE-1 Investment; Importance-investment Vs speculation and gambling

investment

process-risk-systematic risk-steps in investment process designing investment portfolio-

rational considerations-components of Investment portfolio.

(15 hours)

MODULE-2 Security analysis-Fundamental analysis ( company, industry and macro

economic analysis) economic forecasting-industry analysis industry life cycle-company

analysis-micro company factors-method of forecasting earnings.

(15 hours)

MODULE-3 Technical analysis-Dow theory-Elliot wave theory-charting

techniques-moving averages-MACD-RSI-Technical indicators breadth-sentiments-

limitations of technical analysis-Efficient market hypotheses-forms of market

efficiency-investment implications empirical tests- EMH Vs fundamental and technical

analysis



(25 hours)

MODULE-4 Portfolio theory-portfolio risk and return-optimal portfolio measurement

of risk and return of portfolio-Markowitz model-sharp Single index model-risk

reduction through diversification.

(20hours)

MODULE-5 Portfolio selection-portfolio utility theory-sharp’s portfolio Optimization

-capital asset pricing model-CML-SML-Portfolio evaluation- portfolio revision.

(15 hours)


C1: Understand the importance of investment

C2: Acquire knowledge about different theories of Technical analysis

C3: Understand Fundamental analysis

C4: Understand difference between investment and speculation

C5: Understand Efficient Market Hypothesis

C6: Learn Marcowitz Theory

C7: Understand how to select an optimal portfolio



BLUE PRINT

SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT

Units Hours 3

Marks

5/7

5

Marks

6/9

15

Marks

2/4

Total

75/126

Module I 15 1 3 1 33

Module II 15 2 1 1 26


Module IV 20 3 2 1 34

Module V 15 0 1 1 20



Reg. No…………...…

Name :……………….


Fourth Semester

Faculty of Commerce

CO4EA3M – SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT


Part A



17. What are formula plans? Discuss any 2 formula plans?

18. What are the basic assumptions behind APT?

19. What do you mean by portfolio analysis?

20. Explain Market Reaction Test?

21. What is the essence of Dow Theory?

22. Write a short note on Advance – Decline theory?

23. Explain Economic analysis?

(5 x 3=15)

Part B



8. Write a short note on portfolio Performance Evaluation?

9. Explain the difference between SML AND CML

10. Discuss in detail Sharpe’s Single Index Model?

11. “Markets have no memory.” Comment?

12. Write a note on Technical Vs Fundamental analysis



13. Explain in detail the industrial product life cycle

14. Distinguish between systematic and unsystematic risk.

15. What are the objectives of investment in securities?

16. Explain the methods of Assessing Performance?

(6 x 5=30)

Part C



17. “Portfolio revision depends mainly on investor’s perception on risk and

return Discuss?

18. Compare the contrast Morkowitz Theory and Capital Market Theory?

19. Critically evaluate the fundamental analysis?

20. Why do people invest? What are the factors which are favorable for making

investments in an economy?

(2 x 15=30)



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MASTERS PROGRAMME IN COMMERCE ...Mg University Nominee Hod, Department Of Commerce St. Alberts College 3 Dr. Peter K. T Associate Professor ... (Commerce, 4th Semester, Elective bunch