BUSINESS COMMUNICATION UNIT I

Definition Methods Types Principles of Effective Communication Barriers to Communication Business Letter Appearance and Lay out Requisites of an effective Letter.

UNIT II
Trade letters Letter of Enquiry Quotations offers Orders Confirmation Execution of orders cancellation of orders Complaints and Settlement Collection Letters Sales Letters.

UNIT III
Letter of application Application for a situation Reference Interview Recommendation (Curriculum Vitae) Appointment Promotion.

UNIT- IV
Business Circular Letters Precis writing of a Passage relating to commerce.

UNIT V
Modern Forms of Communication Fax Email Video Conferencing - Internet Websites and their use in Business.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Essentials of Business Communication : Business Communication : Modern Commercial Correspondence : Business Communication : Business Communication : Rajendrapal and Korlahalli Dr. N. Premavathy R.S.N. Pillai & Bagavathi M.S. Ramesh and C.C. Pattanshetti N.S. Raghunathan B. Santhanam

PRINCIPLES OF MANAGEMENT UNIT I

Management Definition Meaning Nature Importance Functions Distinction between Administration and Management Levels of Management Contributions of Taylor Henry Fayol - Peter F. Drucker.

UNIT II
Planning Definition, Nature and Principles Importance and Limitation Kinds of Planning steps involved in planning steps to make planning effective Management by Objectives (MBO) Making MBO effective.

UNIT III
Forecasting Meaning- Definition Techniques. Decision Making- Meaning, Definition and classification steps in Decision Making Gudielines for effective Decision Making.

UNIT- IV
Organising Meaning, Definition, Process of Organisation formal and Informal Organisation - forms of organization Line, function, Line and staff, and committee organisation.

UNIT V
Departmentation Need, Importance and Methods Delegation and Decentralisation of Authority Meaning. Importance and Problems - span of Management necessity, theories, factors, and kinds.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Management Theory and Practice C.B.Gupta Principles of Management Dr. N. Premavathy Business Management Dinakar Pagare. Modern Business Organisation & Managment Sherlekar Principles of Management L.M. Prasad

Non - Major Elective I - Basics of Accounting

Unit I Meaning and definition of Accounting Objectives advantages and disadvantages of accounting. Unit II Journal rules for journal entries. Unit III Ledger preparation of ledgers. Units IV Preparation of Trial balance. Books Recommended: (1) Introduction to Accounting T.S. Grewal (2) Advanced Accounting I R.S.N. Pillai & Bhagavathy. (3) Advanced Accounting Dr. N. Premavathy.

PRINCIPLES OF ACCOUNTING UNIT I

Single Entry Meaning Features Defects Differences between Single Entry and Double Entry System Statement of Affairs Method Conversion Method.

UNIT II
Self balancing Ledger Features Merits Problems.

UNIT III
Branch Accounts Dependent Branches Stock and Debtors systems Whole sale Branch System Final Account System Independent Branches Incorporation.

UNIT- IV
Hire Purchase and Installment Purchase System Meaning Features Terms Preparation of Accounts Calculation of Interest Default Repossession Hire Purchase Trading Account Preparation Missing information. Installment Purchases Meaning Differences between Installment and Hire Purchase Preparation of Accounts.

UNIT V
Depreciation Accounting Meaning Causes Features Methods of Providing Depreciation. a) b) c) d) 1) 2) 3) 4) 5) Fixed Percentage on original costing Fixed percentage on Diminishing balance Annuity method Sinking Fund method Advanced Accounts Financial Accounting Advance Accountancy Advanced Accounting Financial Accounts R..L. Gupta, V.K. Gupta T.S. Reddy, A. Murthy S.P.Jain and K.L.Narang Dr. N. Premavathy S.Parthasarathy and Santhana Gopalan

BOOKS RECOMMENDED :

BUSINESS MANAGEMENT UNIT I

Staffing Introduction Recruitment Meaning and definition Sources of Recruitment Internal Source External Sources Selection of candidates Stages involved in selection of candidates Preliminary interview Test Types Benefits of a test Interview Types Checking References Medical Examination Appointment Probation confirmation of service.

UNIT II
Training Meaning Definition Need for Training Importance Training and Development Process of Training Methods on the job Training Off the job Training Merits and demerits.

UNIT III
Directing Definition Characteristics Importance Principles Techniques of Direction Delegation Supervision - Communication Orders Types of Orders Supervisor Qualities of a good supervisor.

UNIT- IV
Motivation Meaning Nature - Importance - process Theories of Motivation Maslows Theory MC Gregors X and Y Theories Herzbergs Two Factors theory Leadership Meaning Characteristics Qualities of a Leader - functions and kinds of Leadership styles.

UNIT V
Controlling Definition Nature - Importance Process Steps involved in controlling- Techniques Both Traditioonal and Modern Methods Co-ordiantion Meaning Importance of Co-Ordination.- Principles and techniques.

BOOKS RECOMMENDED :
1) 2) 3) 4) Business Management - Dinakar Pagare Business Management - C.B. Gupta Principles of Management Dr. N. Premavathy Modern Business Organisation & Management Sherlekar

NON MAJOR ELECTIVE II - Modern Payment Systems in Banks Unit I Banking definition functions. Unit II Types of Account saving current fixed Deposits and recurring. Unit III Payment systems ATM virtual banking Electronic fund transfer electronic data interchange. Unit IV Electronic clearing service credit card debit card. BOOKS RECOMMENDED: 1. Banking theory law and practice Dr. N. Premavathy.

BUSINESS STATISTICS
UNIT I
Introduction to statistics Statistical methods, uses limitation. Collection of data Sources of data Calssification and Tabulation of data Diagrammatic Representation Bar diagram Pie diagram Ogive Histogram. - More than Ogive

UNIT II
Measures of averages Meaning Concepts Mean Arithmetic Mean, Geomentric Mean and Harmonic Mean Combined Arithmetic Mean Correcting Incorrect Mean Median Quartiles Mode Merits and Demerits of Averages.

UNIT III
Measures of Dispersion Definition Concepts Methods of measuring Dispersion Range Co-efficent of Range - Quartile Deviation - Co efficient Mean Deviation Standard Deviation co efficient of variation.

UNIT- IV
Correlation Definition - Concepts Karl Pearsons Co-efficient of correlation Spearmans Rank Correlation Concurrent deviation Regression Meaning, Definition, uses, Method of studying Regression.

UNIT V
Regression Meaning, Definition, uses, Method of studying Regression.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Business Statistics - P.R. Vittal Business Statistics S.P. Gupta & M.P. Gupta Business statistics Beri Business Statistics R.S.N. Pillai & V. Bhagavathi A text book of Business Statistics Padmalochan Hazarika

LAW OF CONTRACT UNIT I

Meaning of Law Definition Objects - Types Mercantile Law Sources of Mercantile Law Legal rights Rights in Personam and Rights in Rem.

UNIT II
Indian Contract Act Contract Definition - Essential elements of valid contract Classification of contracts offer and acceptance- Rules relating theretocommunication of offer, acceptance and revocation.

UNIT III
Consideration Rules Types. Capacity to contract Flaw in Capacity Incompetent persons to enter into a contract. Consent Free consent flaw in consent.

UNIT- IV
Legality of object When an object is considered unlawful and illegal agreements Agreements opposed to public policy Agreements not declared to be void Agreements expressly declared void Wagering agreement uncertain agreement. Performance of contract Appropriation of payment Tender Quasi contract Assignment of contract.

UNIT V
Discharge of contract Methods of Discharge of contract Remedies for breach of contract - Rescission Quantum meruit Injunction - suit for specific performance.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Commercial law N.D. Kapoor Mercantile Law M.C. Kuchal Business Law Dr. N. Premavathy Commercial Law Sen and Mittal Business Laws J. Jayasankar

PRINCIPLES OF INSURANCE UNIT I

Insurance and Risk Definition Types of Risk Elements of an insurable risk Nature of Insurance Functions of Insurance- Importance of Insurance.

UNIT II
Principles of Insurance General Principles Specific Principles Uberrima fides Insurable interest Indemnity Proximate cause and subrogation Miscellaneous Principles.

UNIT III
Life Assurance Origin and growth Principles - Premium Calculation Selection of Risks Important Products Procedure from proposal to policy - Assignment Nomination Alterations Claim settlement.

UNIT- IV
General Insurance business- Fire Insurance Meaning Functions causes Fire Insurance Contract Principles Types of Policies and conditions Rate fixation claim settlement.

UNIT V
Marine Insurance Definition adventure Perils classification Principles Types of Policies Policy conditions Calculation of losses marine losses claim settlement. IRDA Act, 1999.

BOOKS RECOMMENDED:
1) 2) 3) Principles and practice of insurance Dr. N. Premavathy Principles of Risk Management and Insurance George K. Risha Insurance Law and Practice M.N. Mishra

INDUSTRIAL LAW UNIT I

The Factories Act, 1948 Approval, Licensing and Registration, Provision regarding health, safety and welfare of workers, working hours, employment of women and young people, leave, Authorities and their powers.

UNIT II
The Indian Trade Union Act, 1926 Registration of Trade Unions Rights and Liabilities of Registered trade unions.

UNIT III
Industrial Disputes Act, 1947 Authorities and their powers and duties strikes, lockouts, closure, lay-off, retrenchment machinery for the prevention and settlement of Industrial disputes.

UNIT- IV
Minimum Wage Act, 1948 Interpretation, fixation and revision of minimum wages- fixation of wage period Time of payment, deduction and fines appointment of authorities and adjustment of claims.

UNIT V
Workmens Compensation Act, 1823, objectives, employers liability for compensation, amount of compensation Distribution of compensation, notice and claims statements regarding fatal accidents Medical examination Returns as to compensation, commissioners, workmens compensation.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Industrial Law N.D. Kapoor Industrial Law S.N. Maheswari Commercial Law & Industrial Law Arun Kumar Sin Labour and Industrial laws K. Madhavan Pillai. Industrial Laws P.C. Tripathi and C.B. Gupta

10

PRACTICAL BANKGING UNIT I

Origin of banks Banking structure in India- Banking Regulation Act 1949 (Definition of Banking, Licensing, opening of branches, functions of Banks Inspection) Role of Banks and economic development.

UNIT II Commercial banks functions traditional and modern ATM, credit card, debit card, E-banking and electronic fund transfer.
Central Banking and Role of RBI and their functions- commercial Banks functions Accepting deposits- Lending of funds, E-Banking E-tradingManagement and investment policies of Commercial banks.

UNIT III Central Banking functions traditional and modern ATM, credit card, debit card, E-banking and electronic fund transfer. UNIT- IV
Customers Account with a banker opening of an account Types of Deposit Account- operating the bank accounts Legal aspects Entries in pass book closing of bank accounts Types of customers (Individuals, firms, Trusts and companies ) Importance of customer relations- customer grievances and redressal.

UNIT V
Negotiable Instrument promissory note Bills of exchange Cheque Draft Definitions, Features and characteristics Crossing Typing of Crossing and Endorsement Material alteration paying Banker Rights and duties statutory protection Dishonour of cheques Role of Collecting Banker.

BOOKS RECOMMENDED : 1) Banking theory Law & Practice Dr. N. Premavathy

2) 3) 4) 5) Banking theory Law & Practice Dr. K. Nirmala Prasad, J. Chadradass Banking Law and Practice P.N. Varshney Principles of bank management Desai Vasant Banking Radhaswami M. and A. Vasudevan

LAW OF SPECIAL CONTRACTS UNIT I: Indeminity and Guarantee

11

Indemnity Definition Meaning features Distinguish Indemnity from guarantee Kinds of guarantee- Revocation of continuing guarantee - suretys Liability Rights of surety Discharge of surety from liability.

UNIT II: Bailment and Pledge

Bailment Meaning Requisites classification rights and duties of bailor and bailee termination Lien General and particular Lien Finder of lost goods Pledge rights and duties of pawner and pawnee pledge by non-owners.

UNIT III : Contract of Agency

Agency Meaning Definition Essentials Creation of agency Kinds of Agents Agents authority Duties and Rights of Principal Agent when personally Liable Delegation of Authority Sub agent substituted agent Termination of agency Irrevocable agency Relation of principal and agent Relation of principal with third parties.

UNIT- IV : Sale of Goods :

Sales Definition Formation Essential elements of Sale Sale and agreement to sell Sale and Hire purchase agreements Goods Different types of good Rights and Duties of Sellers and buyer Price - Auction Sale Rules relating to delivery of goods.

UNIT V
Conditions and Warranties Express and implied conditions and warranties Caveat emptor Exceptions Transfer of property - Sale by non owners exception to general rule as to title - performance of contract Rights of an Unpaid seller.

BOOKS RECOMMENDED :
1) 2) 3) 4) Business Law Dr. N. Premavathy. Mercantitle Law N.D. Kapoor Business Laws S. Kathiresan and Dr. V. Radha Business Law J. Jayashankar

12

ADVANCED ACCOUNTING UNIT I

Average Due Date and Account Current Meaning, calculation of Average Due Date - Account Current - Meaning Methods of preparation Forward Method Backward Method Daily Balance Method.

UNIT II
Departmental Accounts Meaning Methods, objects Apportionment of expenses between various departments Expenses which cannot be apportioned Inter departmental Transfer at Invocie Price / Selling Price Stock Reserve.

UNIT III
Partnership Accounting Capital Account Current Account - Fixed Capital and Fluctuating Capital Profit and loss Appropriation Account Admission of a partner Calculation of new profit sharing ratio sacrificing Ratio - Treatment of Goodwill.

UNIT- IV
Retirement of a partner Treatment of Goodwill Revaluation of assets and liabilities Gaining Ratio Settlement to Retiring partner. Death of a partner Calculation of Deceased partners share of profit Joint Life policy.

UNIT V
Dissolution of Partnership Methods of dissolution Insolvency of a partner Rule in Garner vs Murray Insolvency of all partners Piecemeal Distribution Maximum loss method.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Advanced Accounts R.L. Gupta & V.K. Gupta Financial Accounting T.S.Reddy & A. Murthy Advanced Accountancy S.P. Jain & K.L. narang. Advanced Accountancy M.C. Shukla & T.S.Grewal Financial Accounts S.Parthasarathy & Santhana Gopalan

13

SMALL BUSINESS DEVELOPMENT UNIT I

Small Scale Industries Meaning, Definition Importance Contribution to National Economy Classification of Small Scale Industries.

UNIT II
Steps for Starting Small Scale units Decision to become an entrepreneur Steps to be taken in obtaining License Project Cost Fixed Cost of production BEP Profitability Procedure for Registration of Small Scale Industries Industrial Estates.

UNIT III
Financing Fixed Capital Factors influencing fixed capital requirements Sources of Long Term finance working Capital Meaning Kinds Estimation Sources Institutions IFCI SIDO SIDBI SSIB SSIDC SISI DIC TCO SFC .

UNIT- IV
Selection & Types of organization Sole Proprietorship Partnership Joint Stock Companys Factors influencing the choice of organization.

UNIT V
Incentives & subsidies Meaning Need Schemes Tax Holiday Seed Capital Assistance Taxation Benefits - Interest Free Sales Tax Concessions Rebates Sickness of Small Scale units and its revivals.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Entrepreneurship and small Business Management B.S.Bhatia Entrepreneurship Development in India Dr. C.B. Gupta, Entrepreneurship and Economic Development Prabakara Rao Entrepreneurial Development VasanthDesai Entrepreneurship Development in India Batta Charya S.N.

14

ENVIRONMENTAL STUDIES CODE: EN12 UNIT I : The Multi disciplinary nature of environmental studies
Definition, scope and importance (2 lectures) Need for public awareness

Unit II : Natural Resources :

Renewable and Non-renewable resources : Natural resources and associated problems. a) Forest resources : Use and over exploitation, deforestation,

case studies. Timber extraction, mining, dams and their effects on forests and tribal people. b) c) d) Water resources Mineral resources Food Resources : : : Use and over-utilization of surface and Use and exploitation, environmental World food problems, changes caused by ground water, floods, drought, conflicts over water, dams- benefits and problem. effects of extracting and using mineral resources, case studies. agriculture and overgrazing, effects of modern agriculture, fertilizer pesticide problems, water logging, salinity, case studies. e) f) * * * * * * Energy / resources Land resources : : Growing energy needs, renewable and Land as a resource, land degradation, man non renewable energy sources, use of alternate energy sources, Case studies. induced landslides, soil erosion and desertification. Role of an individual in conservation of natural resources. Equitable use of resources for sustainable lifestyles. (8 lectures) Concepts of an ecosystem Structure and function of an ecosystem Producers, consumers and decomposers Energy flow in the ecosystem

Unit III : Ecosystems

15

* * *

Ecological Succession. Food chains, food webs and ecological Pyramids Introduction : types, characteristic features, structure and function of the a. Forest ecosystem b. Grassland ecosystem c. Desert ecosystem d. Aquatic ecosystems (ponds, streams, lakes, river, oceans, estuaries) ( 6 lectuers)

following ecosystem :

Unit IV : Biodiversity and its conservation

* Introduction Definition : genetic, species and ecosystem diversity. * Biogeographical classification of India * Value of biodiversity : consumptive use, productive use, social, ethical, aesthetic and option values. * Biodiversity at global, National and local levels. * India as a mega diversity nation. * Hot-Spots of biodiversity. * Threats to biodiversity : habital loss, poaching of wildlife, manwildlife conflicts. * Endangered and endemic species of India. * Conservation of Biodiversity : In-situ and Ex-situ conservation of biodiversity (8 lectures)

Unit V : Environmental Pollution

Definition * Causes, effects and control measures of : a. b. c. d. e. f. g. Air Pollution Water Pollution Soil pollution Marine pollution Noise pollution Thermal pollution Nuclear hazards

16

* Solid waste Management : Causes, effects and control measures of urban and industrial wasters. * Role of an individual in prevention of pollution. * Diaster management : floods, earthquake, cyclone and landslides. (8 lectures)

Unit VI : Social Issues and the Environment

* From Unsustainable to Sustainable development. * Urban problems related to energy * Water conservation, rain water harvesting, water shed management * Resettlement and rehabilitation of people, its problems and concerns. Case studies. * Environmental ethics : Issues and possible solutions. * Climate change, global warming, acid rain, ozone layer depletion, nuclear accidents and holocause. Case studies. * * * * * * * * * Wasteland reclamation Consumerism and Waste products. Environment Protection Act. Air (Prevention and Control of Pollution) Act. Water (Prevention and Control of Pollution) Act Wildlife Protection Act Forest Conservation Act Issues involved in enforcement of environmental legislation Public awareness (7 lectures)

Unit VII : Human Population and the Environment

* * * Population growth, variation among nations. Population explosion Family Welfare Programme. Environment and human health.
17

* * * * * *

Human Rights Values Education HIV / AIDS Women and Child Welfare Role of Information Technology in Environment and human heath Case Studies (6 lectures)

Unit VIII : Field Work :

* * * * Visit to a local area to document environmental assets river / forest / glrassland hill / mountain. Visit to a local polluted site Urban / rural / Industrial / Agricultural Study of common plants, insects, birds. Study of simple ecosystems pond, river, hill slopes, etc., (Field work Equal to 5 lecture hours) BOOKS RECOMMENDED: 1. Environmental Studies Published by University of Madras

18

SKILL BASED ELECTIVE IV PERSONALITY DEVELOPMENT II ORDERLY LIVING

Unit I Orderly living meaning Twelve guidelines. Unit II (1) Get up early (2) Do exercises, Yoga and meditation (3) Maintain good eating habits. (4) Dress Well. Unit III (5) Punctuality (6) Maintain work dairy (7) Keep your living place orderly (8) use zen Unit IV (9) Carry a handkerchief (10) Rote memory techniques (11) Give time to your family (12) wish and will. BOOK RECOMMENDED: (1) Excel Dr. J.N. Reddy A unique Self Development Digest. Max Academy for excellence Choolaimedu

19

PRACTICAL AUDITING UNIT I

Auditing Definition Scope - Objectives Materiality in Auditing Evidence Audit Techniques Qualification of an auditor Qualities of an auditor Stand Auditing Practice- Types and conduct of audit.

UNIT II
Audit Planning meaning Engagement letter factors considered before commencing a new audit- Audit Programmes Audit files Audit Note Book, Working Paper, Tick Marks - Routine Checking.

UNIT III
Vouching of cash Transaction Meaning & Objects of vouching, ImportanceVouching cash Receipts and cash payments. Vouching of Trading Transactions purchases Purchase Returns Sales Sales Returns Goods sent on consignment sale or Return Transactions Packages, Empties and containers Journal Proper Bought Ledger Sales Ledger Auditors duties.

UNIT- IV
Verification and valuation of Assets and liabilities Verification Meaning objects valuation meaning objects distinction between verification and valuation- verification and valuation of Property, plant and machinery, investments, stock in trade and liabilities position of an auditor.

UNIT V
Depreciation causes objects - Basis Methods of providing Depreciation Depreciation under the companies Act. Depreciation Audit Reserves and Provisions- Types Distinction between reserves and provision Secret Reserves objects creation Auditors Duties capital reserve- Auditors duties.

BOOKS RECOMMENDED :
1) 2) 3) Practical Auditing Dr. N. Premavathy Practical Auditing B. N.Tandan Practical Auditing Dinkar Pagare

20

PRINCIPLES OF COST ACCOUNTING UNIT I

Definition Cost, Costing, cost Accounting, Cost Accountancy Classification Difference between Cost Accounting and Financial Accounting- Management Accounting Functions of Cost Accounts Installation of costing system Advantages and Limitation Cost control cost reduction cost sheet costing as an aid to Management

UNIT II
Material Cost Meaning Types of Material Organisation of purchased Department- Qualification of purchase Manager Purchase Producer Stock Keeping objectives Importants Essentials Stock Level Location, layoutorganization - Duties and Responsibilities of Stock Keeper Inventory control.

UNIT III
Materials Issue Control Objects Pricing Materials Issue FIFO LIFO Specific Price Base Stock Simple Average Periodic Simple average weighted Average Periodic Weighted Average Standard Price Inflated Price

UNIT- IV
Labour cost control Time keeping and Time Booking Time Study Motion Study Merit Rating Methods of wage Payment Various Incentives schemes Halsey, Halsey- weir and Rowan plans - Labour Cost Labour Turnover Idle Time Over time Direct Expenses.

UNIT V
Overheads Meaning Classification of Overheads Distribution of Overheads Allocation Apportionment Primary Secondary Distribution of overheads Absorption of overheads Methods Machine hour Rate.

BOOKS RECOMMENDED :
1) 2) 3) 4) Pratical Costing I.M.Panday , G.K. Ahuja Cost Accounting - T.S. Reddy, T.Hari Prasad Reddy Cost Accounting Jain & Narang Cost Accounting Pattenshetty

21

FINANCIAL SERVICES UNIT I

Financial Services Meaning and Importance of financial services Types Financial Service and Economic environment Players in financial services sector Fund Sector Financial Institution and Fund Saver.

UNIT II
Merchant Banking Meaning Scope functions Issue Management Management of New Issues Indian Experience SEBI Guidelines Underwriting Underwriters Capital market Stock Exchange Role of SEBI. UNIT III Mutual Funds Meaning Types Functions Advantages Institution involved UTI, LIC, Commercial Banks Entry of Private Sector Performance Growth of Mutual funds in India SEBI Guideline.

UNIT- IV
Leasing Meaning Importance Types of Leasing Merits and demerits concepts and features lease financing The Indian Leasing Scenario Hire Purchase Meaning RBI Guidelines Hire Purchase and Transport Industry Lease Vs Hire purchase Problems and Prospects of Hire purchase in India.

UNIT V
Factoring - meaning Significance Types Factoring Mechanism Functions of a factor - Venture Capital Features Importance financing of Venture Capital

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Financial Services and Stock Exchanges Dr. N. Premavathy Financial Services Joseph, Boominathan, Manoharan, Gnanaraj Financial Instrument Tripathy and Services Management of Financial Service B.S. Bhatia Financial Services B.Santhanam

22

MAJOR ELECTOVE -I INCOME TAX LAW

UNIT I
History of Income Tax in India Definition of important terms Assessment, Assessee, Assessment Year, Previous Year, Income- Features of Income Exceptions to the rule that previous years income is assessed in Assessment year.

UNIT II
Residential status classification of Residential Status of Taxable Entities Residential Status of an Individual Basic Conditions Additional Conditions Residential Status of HUF, Company Firm Scope of Total Income.

UNIT III
Heads of Income- Salaries Definition Features of salary Computation of Taxable Salary- Types of provident Fund Allowances Perquisites Types Treatment of Gratuity - Pension- Profits in lien of salary Deductions from salary Deductions u/s. 80C

UNIT- IV
Income from House Property Annual Value Meaning Let out House and Self Occupied House House Deemed to be let out computation of Gross Annual value and Net Annual Value - Deductions allowed.

UNIT V
Profits and Gains of Business or profession Definition of Business Profession computation of profits and Gains Expenses allowed and Disallowed Depreciation Meaning- Conditions for allowance of depreciation Block of assets computation of Depreciation Additional Depreciation.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Income Tax Theory , Laws Practice T.S. Reddy Income Tax Gaur & Narang Income Tax Dinkar Pagare Income Tax Laws Practices Dr. Bhagwati Prasad Direct Taxes Law & Practice Vinod. K. Singhania

23

COMPANY ACCOUNTS UNIT I

Issue of shares and debentures Issue of shares for cash for consideration other than cash Issue at premium , discount Forfeiture and Re-issue of shares

UNIT II
Issue of debentures Consideration for issue of debentures Discount on Debentures. Redemption.

UNIT III
Redemption of preference shares provisions of the companies Act- Capital profits and Revenue Profits Minimum Fresh issue of shares.

UNIT- IV
Valuation of Goodwill and shares Need for valuing goodwill- methods of valuation of goodwill average profits method- Super Profits Method Annuity Method Capitalization Method Need for valuation of shares Methods of valuation Net Assets Method Yield Method Fair Value.

UNIT V
Final Accounts of Companies Profit and Loss Account-Managerial Remuneration Dividends Transfer to Reserves Form of Balance Sheet- Balance Sheet.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Advanced Accounting M.C.Shukla & Grewal Corporate Accounting R.L. gupta Corporate Accounting T.S. Reddy & A. Murthy Company Accounting- S.P.Jain and Narang Advanced Accounting R.S.N. Pillai & Bagavathi

24

ACCOUNTING FOR MANAGEMENT UNIT I

Introduction, Meaning and Emergence of Management Accounting Definitions Characteristics or Nature of Management Accounting Scope and objectives of Management Accounting Need and Importance of management Accounting Limitation Management Accountant Function and duties Management Accountant for the Millennium.

UNIT II
Analysis of financial statement meaning and concepts Methods Comparative Statements Common Size Statements Trend Analysis Limitations of financial Analysis.

UNIT III
Ratio Analysis Introduction Meaning- Use and Significance of Ratio Analysis Limitations Classification Analysis of Short term financial Position- Long Term financial position Profitability Ratios Leverage Ratios.

UNIT- IV
Statement of changes in financial Position Meaning and definition uses, Significance and Importance Limitations Procedure for preparing a Funds Flow Statement Cash Flow statement Meaning uses and significance comparison between Funds Flow and Cash Flow Statement Limitations Procedure for preparing a Cash Flow Statement

UNIT V
Budgets and Budgetory control Meaning and Nature Objectives Limitation Important Budgets and their preparation Sales Budget, Production Budget, Production cost budget, overhead Budget , Cash Budget, Flexible Budgets.

BOOKS RECOMMENDED :
1) 2) 3) 4) Management Accounting S.N. Maheswari Management Accounting R.S.N. Pillai & V. Bhagavathy Management Accounting Manmohal & Goyal Management Accounting T.S.Reddy, V. Hari Prasad Reddy

25

APPLIED COST ACCOUNTING UNIT I

Contract Costing Meaning Difference between Job costing and contract costing Procedure work certified work uncertified Retention money cash received Notional Profit Profit of Incomplete contract Preparation of contract Account Preparation of Balance sheet of a contractor.

UNIT II Process Costing normal and Abnormal loss and Gain in Process Equivalent
Production computation Statement (Excluding Work-In-Progress) Joint product and By products Accounting for Joint products and By products.

UNIT III
Operating costing Meaning Operating Cost units Transport Costing Objection Procedure Division of expenses operating cost sheet comprehensive Cost Power House Costing Costing for Cinema Theatres Costing for Hotels.

UNIT- IV
Cost ledger Accounting Reconcellation of cost and Financial Accounts Causes Preparation of Reconciliation Statement Preparation of Memorandum Reconcellation Accounts.

UNIT V
Marginal Costing- Meaning Definition Features Advantages Limitations Difference between Marginal Costing and Absorption costing CVP Analysis - Fixed Cost Variable Cost Contribution P/V Ratio BEP Margin of Safety Application of Marginal Costing Key factor Make or buy Fixation of selling price Sales mix Export decision product elimination.

BOOKS RECOMMENDED :
1) 2) 3) 4) Practical Costing - I.M. Pandey, G.K. Ahuja Cost Accounting T.S.Reddy, T.Hari Prasad Reddy Cost Accounting Jain & Narang Cost Accounting Patten Shetty

26

MARKETING MANAGEMENT UNIT I

Introduction to Marketing Meaning- Definition Functions Marketing orientations Role and Importance of Marketing - Relationship of Marketing with other functional areas Marketing Concepts - Traditional and Modern Selling Vs Marketing Classification of markets.

UNIT II
Product Meaning Characteristics Benefits Classification Consumer goods Industrial goods Packaging role and functions Brand name and Trade mark After Sales Service Product Life Cycle concept Product Mix New Product Development Process.

UNIT III
Pricing - Importance of price in the marketing mix Factors affecting price of a product / service pricing objectives pricing policies and procedures - methods of pricing Discounts and Rebates Pricing Strategies.

UNIT- IV
Product promotions Communication Mix Basics of Advertising Sales promotion- personal selling methods of promotion Advertising media Their merits and demerits Characteristics of an effective advertisement- classification of a successful sales person Functions of Salesman.

UNIT V
Physical Distribution- Definitions Concept and Role Types of distribution channels Factors affecting choice of a distribution channel Retailer and wholesaler channel members physical distribution of goods - Transportation Warehousing Inventory Control order processing.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Marketing Dr. N.Rajan Nair Marketing Philip. Kotler Principles of Marketing Dr. K. Nirmala Prasad, Marketing J.C. Gandhi Marketing Dr. N. Premavathy.

27

ADVANCED COMPANY ACCOUNTS Elective -III CODE :CM021 UNIT I

Profits prior to Incorporation Methods of ascertaining profit or loss prior to incorporation Basis of Apportionment of Expenses Steps in Ascertaining Pre and Post Incorporation Profits.

UNIT II
Amalgamation, Absorption and External Reconstruction of a company Purchase Consideration Methods of Accounting Books of Transfer Company Books of Transferee Company (Inter-Co Owings Excluded)

UNIT III
Alteration of Share capital and Internal Reconstruction Different kinds of Alteration of share capital Accounting Entries Reduction of Share Capital Procedure for reducing share capital - Accounting entries.

UNIT- IV
Liquidation of Companies : - Modes of Winding Up Liquidators final statement of Account Payment of various liabilities Liquidators remuneration payment to unsecured creditors payment to share holders. (Statement of Affairs and Deficiency Account excluded)

UNIT V
Accounts of Banking Companies Legal Requirements Preparation of Profit and Loss Account- Balance Sheet.

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Advanced Accounting M.C.Shukla & Grewal Corporate Accounting R.L.Gupta Corporate Accounting T.S.Reddy & A.Murthy Company Accounts S.P. Jain & Narang Advanced Accounting R.S.N.Pillai & Bagavathi

28

INCOME TAX PRACTICE Elective - IV UNIT I

Capital Gains Definition Capital Assets Kinds Transfer of Capital Asset Cost of Acquisition Cost of Improvement Cost Inflation Index Computation of Capital Gains Exemption of Capital Gains Sec. 54, 54B, 54D, 54EC , 54ED, 54F, 54G

UNIT II
Income from other sources Incomes chargeable under the head Income from other sources Interest on Securities Kinds of Securities Rules for Grossing up Interest- Deductions to be made from Income from others Sources Expenses not deductible computation of income from other sources.

UNIT III
Deductions from Gross Total Income Deduction U/s Sec. 80 Assessment of Individuals Total Income of an individual computation of Taxable Income Computation of tax Liability.

UNIT- IV
Incomes exempt from Tax Sec. 10 Incomes absolutely exempt from Tax General Exemptions Exempted Incomes of Salaried employees.

UNIT V
Assessment procedure Filing of Returns - Voluntary Filling Due date for filing Return Return of Loss Belated return Defective Return permanent Account Number

BOOKS RECOMMENDED :
1) 2) 3) 4) 5) Income Tax Theory, Law & Practice T.S. Reddy Income Tax Gaur & Narang Income Tax Dinkar Pagare Income Tax Laws Practice Dr. Bhagwati Prasad Direct Taxes Law & Practice B.B.Lal & N. Vashist

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