B.Com.(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University B.Com.

(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University

perceived); Generation of business ideas, feasibility analysis of business ideas, preparation of a business B.Com. (Hons.): Semester-V
plan (practical work on devising of a plan is to be assigned to the students) in the form of a project Course Name: PRINCIPLES OF MARKETING
report on specific business proposal; Project appraisal and its techniques. Course Code: BCOMHC501
Course Type-Theory (5-1-0)
Unit V: Managerial Aspects of Business
(a)Managing finance, understanding of capital-mix; Management of human resources of a new Duration: 2 Hrs. Marks: 50(10+40) Credits: 6
enterprise; Adopting a marketing strategy for sustaining new venture; Managing assets (cash
management), relationship management; Managing family business; Understanding cost management. Course Objective
(b) New Business Idea Development and Proposal Writing (For Internal Examination)
The objective of this course is to provide basic knowledge of concepts, principles, tools and techniques
of marketing and to provide knowledge about various developments in the marketing.
Suggested Readings:

1. Brandt, S. C. Entrepreneuring: The Ten Commandments for Building a Growth Company. Course Learning Outcomes
MacMillan Business Books.
After completing the course, the student shall be able to:
2. Dollinger, M. J. Entrepreneurship: Strategies and Resources. Illinois: Irwin.
CO1: develop understanding of basic concepts of marketing, marketing philosophies and environmental
3. Holt, D. H. Entrepreneurship: New Venture Creation. New Delhi: Prentice Hall of India.
conditions effecting marketing decisions of a firm.
4. Panda, S. C. Entrepreneurship Development. New Delhi: Anmol Publications. CO2: understand the dynamics of consumer behaviour and process of market selection through STP
5. Roy, R. (2011). Entrepreneurship. Oxford University Press. stages.
6. Taneja, S., & Gupta, S. L. Entrepreneurship Development-New Venture creation. New CO3: understand and analyze the process of value creation through marketing decisions involving
Delhi: Galgotia Publishing House. product development.
7. Vasper, K. H. New Venture Strategies. New Jersey: Prentice-Hall. CO4: understand and analyze the process of value creation through marketing decisions involving
product pricing and its distribution.
CO5: understand and analyze the process of value creation through marketing decisions involving
Note: Latest edition of readings may be used product promotion and also to equip them with the knowledge of various developments in
marketing area that may govern marketing decisions of a firm.
Teaching Learning Process
Direct interactive class room teaching method along with practical cases may be put before the learners
so as to promote entrepreneurial propensity among the students. Presentation of New Business Ideas,
Course Contents
Group Discussion, Panel Discussion may be arranged.
Unit I
(a)Introduction to Marketing: Meaning, Nature, Scope and Importance; Core concepts of marketing;
Assessment Methods Marketing Philosophies; Services Marketing: Meaning and distinctive characteristics; Marketing Mix.
(b)Marketing Environment: Need for studying marketing environment; Micro environmental factors-
Internal Examination (10 Marks)-New Business Plan Preparation and Presentation, company, suppliers, marketing intermediaries, customers, competitors, publics; Macro environmental
factors – demographic, economic, natural, technological, politico-legal and socio- cultural.
External Examination (40 Marks): End-semester Examination, Duration 2 Hours
Unit II
(a)Consumer Behaviour: Need for studying consumer behaviour; Types; Stages in Consumer buying
decision process; Factors influencing consumer buying decisions.
(b)Market Selection: Choosing market value through STP. Market Segmentation- Levels and bases of
segmenting consumer markets. Market Targeting- concept and criteria. Product Positioning – concept
and bases; Product differentiation- concept and bases.

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 B.Com.(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University B.Com.(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University

Unit III B.Com. (Hons.): Semester-V

(a)Product Decisions: Concept and classification; Levels of Product. Designing value- Product- mix Course Name: Fundamentals of Financial Management
dimensions, strategies and types; Branding- functions, strategies, types and qualities of good brand Course Code: BCOMHC502
name; Packaging and Labeling- functions, types and ethical aspects; Product support services. Course Type-Theory (5-1-0)
(b)New Product Development: Product life cycle – concept and marketing strategies; New product
development- concept and process. Duration: 2 Hrs. Marks: 50(10+40) Credits: 6

Unit IV Pricing Decisions: Objectives; Factors affecting price of a product; Pricing methods; Pricing Course Objective
strategies; Ethical issues in pricing decisions. Distribution Decisions: Channels of distribution- To familiarize the students with the principles and practice of financial management
types and functions. Delivering value- factors affecting choice of distribution channel; Distribution
strategies; Distribution logistics – concept, importance and major logistics decisions; Wholesaling and Course Learning Outcomes
retailing; Types of retail formats; After completing the course, the student shall be able to:

Unit V CO1 - explain the nature and scope of financial management as well as time value of money and
(a)Promotion Decisions: Communication process; Importance of Promotion. Communicating value- risk return trade off
Decision about Promotion mix tools including advertising, personal selling, sales promotion, public CO2 – analyze capital budgeting process and capital budgeting techniques
relations, publicity and direct marketing; Factors influencing promotion mix; CO3 - estimate various capital structure theories and factors affecting capital structure decisions
(b)Developments in Marketing: Relationship Marketing- concept and dimensions. Sustainable in a firm
Marketing- concept and issues. Rural marketing- characteristics, drivers of growth in rural marketing, CO4 - critically examine various theories of dividend and factors affecting dividend policy
rural marketing mix. Social marketing- Digital marketing- concept. CO5 - evaluate working capital requirement

Suggested Readings: Course Contents

 Etzel, M. J., Walker, B. J., Stanton, W. J., & Pandit, A. (2010). Marketing (14th ed.). Mc Graw Hill. Unit I: (a)Introduction: Definition, Functions, Nature, scope and objective of Financial Management,
 Kapoor, Neeru. Principles of Marketing. PHI Strategic Financial Management, Role of Finance Officer, Financial Environment, Sources of Finance,
 Kotler, P., Armstrong, G. and Agnihotri, P. (2018). Principles of Marketing (17th Edition), Pearson Portfolio Management, Tax Effects, Tax Shield
Education. Indian edition. (b) Objectives of a Firm: Profit Maximization, Wealth Maximizations, Value Maximisation
 Mahajan, J.P. and Mahajan Anupama. Principles of Marketing. Vikas Publications.
 Sharma, K., & Swati Aggarwal. (2018). Principles of Marketing. Taxmann's.
Unit II: Capital Budgeting: The Capital Budgeting Process, Cash flow Estimation, Payback Period
Note: Latest edition of readings may be used Method, Discounted Pay Back Period Method, Accounting Rate of Return, Net Present Value (NPV),
Internal Rate of Return (IRR), Profitability Index, Capital Rationing (Definition only), Social Cost Benefit
Teaching Learning Process Analysis (Concept only)

Teaching learning process may be interactive classroom sessions with the help of Power Point Unit III: Cost of Capital
presentations, reflective assessment and case study discussions to ensure active participation and Sources of long-term financing Estimation of components of cost of capital. Methods for Calculating cost
continuous learning. of equity capital, Cost of Retained Earnings, Cost of Debt and Cost of Preference Capital, Weighted
Average cost of capital (WACC) and Marginal cost of capital.
Assessment Methods
Unit IV: Dividend Decisions
Internal Examination (10 Marks): Internal Assessment may be conducted by using any one or in Classification of Dividends, Determinants of dividend Policy, Dividend Theory-Modigliani and Miller
combinations of Class participation, Presentation, Project Writing and Presentation, Assignment and Model, Residual Theory of dividend, Cash and stock dividends; Dividend policies in practice
Presentation, Surprise Test as suitable.
Unit-V: Cash Management: Reasons for Cash Surplus, Effect of Cash Deficits, Cash Cycle, Electronic
External Examination (40 Marks): End Semester Written Examination, Duration 2 Hours Cash Management System, Virtual Banking, Float, Methods of Improving Liquidity, Cash Budget,
Baumol‘s EOQ Model for Cash Management, Miller-Orr Cash Management Model

Suggested Readings:
44 45
 B.Com.(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University B.Com.(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University
1. James C. Van Horne and Sanjay Dhamija, Financial Management and Policy, Pearson Education B.Com. (Hons.): Semester-V
2. Levy H. and M. Sarnat . Principles of Financial Management. Pearson Education . Course Name: MANAGEMENT ACCOUNTING
3. Joy, O.M. Introduction to Financial Management. Mc Graw Hill Education. Course Code: BCOMHACDSE501
4. Brigham and Houston, Fundamentals of Financial Management, Cengage Learning Course Type-Theory (5-1-0)
5. Khan and Jain. Basic Financial Management, McGraw Hill Education (For Accounting Specialization)
6. Chandra, P. Fundamentals of Financial Management. McGraw Hill Education
7. Singh, J.K. Financial Management- text and Problems. 2nd Ed. Dhanpat Rai and Company, Delhi. Duration: 2 Hrs. Marks: 10(10+40) Credits: 6
8. Rustagi, R.P. Fundamentals of Financial Management. Taxmann Publication Pvt. Ltd.
9. Singh, Surender and Kaur, Rajeev. Fundamentals of Financial Management. Mayur Paperback, New
Delhi.
Course Objective
Enable students to acquire knowledge of concepts, methods and techniques of management accounting
10. Pandey, I.M. Financial Management. Vikas Publications.
for the purpose of managerial planning, control and decision making.
Note: Latest Edition of Text Books may be used.
Course Learning Outcomes
Teaching Learning Process After completing the course, the student shall be able to:
CO1: understand thoroughly the conceptual framework of Management Accounting; identification of
Teaching learning process may be interactive classroom sessions with the help of Power Point differences between different forms of accounting––Financial, Cost and Managerial; distinction
presentations, reflective assessment and case study discussions to ensure active participation and between cost control and cost reduction.
continuous learning. It includes theoretical discussion and numerical problems solving. CO2: understand the concept of marginal cost and marginal costing; preparation of income statements
using absorption and variable costing; learning of cost-volume-profit analysis and break-even
Assessment Methods analysis using mathematical and graphical approaches; and the application in businesses.
CO3: understand the concept of relevant and irrelevant costs and make decisions related to different
Internal Examination (10 Marks): Internal Assessment may be conducted by using any one or in business situations using marginal costing and differential costing techniques.
combinations of Class participation, Presentation, Project Writing and Presentation, Assignment and CO4: understand budgetary control system as a tool of managerial planning and control; ability to
Presentation, Surprise Test as suitable. prepare various types of budget. Ability to understand standard costing system as a tool of
managerial control; calculation of variances in respect of each element of cost and sales; control
External Examination (40 Marks): End Semester Written Examination, Duration 2 Hours ratios.
CO5: understand management accounting issues of Responsibility accounting, Divisional performance
measurement and Transfer pricing.

Course Contents
Unit I: Introduction: Management Accounting: Definition, Objectives, Scope, Functions, Advantages,
Limitations, Techniques and need – Comparison with Financial Accounting and Cost Accounting, Role
of Management Accountant, Essentials of success of Management Accountant.

Unit II: Ratio Analysis: Meaning, Objectives, Advantages and Limitations – Classification of
accounting ratios from different viewpoints – Important accounting ratios used in analysing liquidity,
solvency, profitability, managerial efficiency, capital structure – Computation and interpretation of
important accounting ratios – Preparation of financial statements and statements of proprietors‘ fund
from the given ratios.

Unit-III: Working Capital Management – Objectives of Working Capital Management, Component

of Working Capital, Types-Permanent, Temporary, Gross, Net, Positive, Negative Working Capital,
Working Capital Cycle, Strategies in working Capital Management-Conservative Approach,
Aggressive Approach, Matching Approach, Working Capital Ratios,- Determinants of working capital
requirement – Estimating working capital requirement -Percentage of Sales Method-regression
Analysis Method, Operating Cycle Method– Strategies of financing current assets.
46 47
B.Com.(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University B.Com.(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University
Unit IV: Cash Flow and Fund Flow analysis B.Com. (Hons.): Semester-V
(a) Cash Flow Statement- Revised Cash Flow Statement as per Indian Accounting Standard (Ind- Course Name: Advanced Financial Accounting
AS): 7, Data required in preparation of a Cash flow Statement, Procedure in preparation of cash flow Course Code: BCOMHACDSE502
Statement, Use and Limitations of cash flow Statement, Cash flow Statement and Cash Budget. Course Type-Theory (5-1-0)
(For Accounting Specialization)
(b) Fund Flow Statement-Meaning of Fund, Benefits and drawbacks of Fund Flow Analysis,
Duration: 2 Hrs. Marks: 50(10+40) Credits: 6
Identification of Fund, Sources of Fund, Application of fund, Changes in Working Capital Position,
Fund Flow Statement
Course Objective
The objective of this paper is to help students to acquire conceptual knowledge about the different areas of
Unit V: Budgeting and Budgetary Control financial accounting and to impart skills for recording various kinds of business transactions related to the
Concept of budget, budgeting and budgetary control; Objectives, merits and limitations; Budget specified areas.
Administration; Functional Budgets-Cash Budget, Sales Budget, Production Budget, Fixed and
Flexible budgeting; Zero base budgeting; and Performance budgeting, Master Budget (Concept) Course Learning Outcomes
Suggested Readings:
After completing the course, the student shall be able to:
1. Goel, Rajiv Kumar & Ishaan Goel. Concept Building Approach to Management Accounting.
Cengage.
CO1: develop understanding of basic concepts of Branch and departmental accounting and apply the
2. Lal, Jawahar and Srivastava, Seema. Cost Accounting. McGraw Hill Publishing Co., New Delhi.
techniques learnt for recording the transactions related to branches and departments of business
3. Singh, Surender. Management Accounting. PHI Learning Pvt. Limited, Delhi organisations.
4. Singh, S.K. and Gupta, L. “Management Accounting”. A.K. Publications, New Delhi. CO2: Understand the basic concept and purpose of Investment accounting and Maintain systematic
5. Jhamb, H. V. Management Accounting. Ane Books Pvt. Ltd, New Delhi records of Investments made. Students will also learn the process of maintaining accounts for
6. Khan, M. Y. and Jain, P.K. Management Accounting. Tata McGraw Hill Publishing Co., New Delhi voyages.
CO3: understand the concepts and need of having different accounting structure for local bodies and to
Note: Latest edition of text books may be used. apply the techniques of accounting in practical field .
CO4: understand and analyze the process of ascertaining insurance claims for loss of stock and loss of
Teaching Learning Process profit policies.
CO5: understand different concepts of accounting for royalties and to apply the accounting process in
Teaching learning process may be interactive classroom sessions with the help of Power Point practical field. Students will also learn the accounting process for sale on approval system.
presentations, reflective assessment and case study discussions to ensure active participation and
continuous learning. It includes theoretical discussion and numerical problems solving. Course Contents
Assessment Methods Unit 1: Accounting for Branches and Department
(a)Branch Accounting: Concept of Branch; different types of Branches. Synthetic method – preparation
Internal Examination (10 Marks): Internal Assessment may be conducted by using any one or in of Branch account. Preparation of Branch Trading and P/L account. (at cost & at IP) – normal and
combinations of Class participation, Presentation, Project Writing and Presentation, Assignment and abnormal losses. Analytical method – preparation of Branch Stock Account, stock Adjustment account
Presentation, Surprise Test as suitable.
etc (at cost & at IP) – normal & abnormal losses- Independent branch – concept of wholesale profit and
External Examination (40 Marks): End Semester Written Examination, Duration 2 Hours basic idea of incorporation.
(a)Departmental Accounting: Concept, objective of preparation of departmental accounts;
apportionment of common cost; Preparation of Departmental Trading and P/L account, Consolidated
Trading and P/L account; inter departmental transfer of goods at cost, cost plus and at selling price and
elimination of unrealized profit.

Unit 2: Investment Accounting and Voyage Accounting

(a)Investment Accounts-Maintenance of Investment Ledger-Preparation of Investment Account
(transaction with brokerage STT cum & ex-interest), Valuation of Investment under FIFO and Average
method, Investment Account for shares (with Right Issue, Bonus Shares and Sale of Right) relevant
accounting standard.
(b)Voyages Accounting- Specific Income, Expenditure, Calculation of Profits, Profit from Incomplete
48 49
 B.Com.(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University B.Com.(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University
Voyage. B.Com. (Hons.): Semester-V
Course Name: Accounting Theory
Unit 3: Accounting for Local Bodies: Theoretical Overview, Municipal Accounting, Gram Panchayat Course Code: BCOMHACDSE503
Accounting, Cash Book, Receipts & Payment Account, GPMS-Features, Benefits and Limitations. Course Type-Theory (5-1-0)
(For Accounting Specialization)
Unit-4: Insurance Claim
(a)Loss of stock: Physical & ownership concept; concept of under-insurance and average clause;
computation of claim – with price change; consideration of unusual selling line; price reduction etc. Duration: 2 Hrs. Marks: 50(10+40) Credits: 6
(b)Loss of profit: Concept – insured & uninsured standing charges, GP rate, short sales and increased
cost of working, average clause and computation of claim Course Objective
The objective of this paper is to help students to acquire conceptual knowledge about the accounting principles and
Unit-5: (a) Royalties Accounting-Minimum Rent, Short Workings Recoverable, Royalties Receivables, practices.
Sub-Lease.
(b) Accounting for Sale on Approval-Limited Transaction, Moderate Transactions. Course Learning Outcomes
After completing the course, the student shall be able to:
Suggested Readings: CO1: Develop understanding of basic concepts of accounting theory and practice.
CO2: Understand the basic concept and purpose accounting concepts and conventions.
1. Robert N Anthony, David Hawkins, Kenneth A. Merchant, Accounting: Text and Cases, McGraw-Hill CO3: understand the concepts related to accounting income and its measurement.
Education, CO4: understand and analyze the different concepts of capital and its relation to income, financial
2. Charles T. Horngren and Donna Philbrick, Introduction to Financial Accounting, Pearson. statement and its limitations
3. M.C. Shukla, T.S. Grewal and S.C. Gupta, Advanced Accounts, Vol.-I. S. Chand & Co. CO5: understand different concepts of assets and liabilities, their recognition criterion and need for their
4. P.C. Tulsian, Financial Accounting, Pearson Education. valuation.
5. Compendium of Statements and Standards of Accounting, The Institute of Chartered Accountants of
India, New Delhi. Unit 1: Basic Ideas of Accounting Theory: Accounting Theory: Definition, Nature, Classification, Functions,
6. Rajasekaran, Financial Accounting, Pearson Approaches to the formulation, Advantages, Limitations - Relation of Accounting Theory with Accounting Practice,
7. Mukherjee and Mukherjee, Financial Accounting I, Oxford Introduction to Fair Value Accounting, Inflation Accounting-Methods
8. Amitabha Mukherjee, Mohammed Hanif, Financial Accounting I, McGraw Hill Education
Unit 2: Accounting Principles: Generally Accepted Accounting Principles (GAAP) - Important Accounting
Concepts: Proprietary, Entity, Fund, Money Measurement, Accounting Period, Going Concern, Duality, Realization
Teaching Learning Process and Accrual; Important Accounting Conventions: Disclosure, Materiality, Consistency, Comparability, Objectivity
and Conservatism; Accounting Concept vs. Accounting Convention.
Teaching learning process may be interactive classroom sessions with the help of Power Point
presentations, reflective assessment and case study discussions to ensure active participation and Unit 3: Measurement of Accounting Income: Concepts of Revenue-Revenue Recognition, Gain, Cost, Expense,
continuous learning. It includes theoretical discussion and numerical problems solving. Loss, Revenue Expenditure, Capital Expenditure and Deferred Revenue Expenditure; Accounting vs. Economic
Concepts of Income; Necessity and Methods of measuring Accounting Income; Matching Concept, Transaction
Assessment Methods Approach, Balance Sheet Approach

Internal Examination (10 Marks): Internal Assessment may be conducted by using any one or in Unit 4: (a) Capital: Economic and Accounting Concept; Characteristics of Capital; Relation between Capital and
combinations of Class participation, Presentation, Project Writing and Presentation, Assignment and Income; Maintenance of Capital- Capital Formation, Human Capital,
Presentation, Surprise Test as suitable. (b) Financial Statements: Meaning, Nature, Objective, Importance, Different types of Financial Statements-
Income Statement, Statement of Assets and Liabilities-Common Size Statement, Comparative Statement,
External Examination (40 Marks): End Semester Written Examination, Duration 2 Hours preparation, uses, merits and demerits, -Limitations of Financial Statement.

Unit 5: Assets and Liabilities: Assets: Definition, Classification, Characteristics, Recognition, Need for
Valuation; Valuation of Tangible and Intangible Fixed Assets; Valuation of Current Assets-Stock Valuation,
Valuation of wasting assets; Liabilities: Definition, Characteristics, Classification, Recognition, Need for Valuation.

Suggested Readings:

1 Hendriksen, E.S., Accounting Theory, Khosla Publishing House, Delhi.

2 Lal, J. Accounting Theory, Himalaya Publishing House, Mumbai.
50 51
B.Com.(Hons) CBCS(LOCF) Department of Commerce, Kazi Nazrul University
3 Porwal, L.S., Accounting Theory, Tata McGraw - Hill Publishing Co. Ltd., New Delhi.
B.Com. (Hons.): Semester-V
4 Sinha, G., Accounting Theory and Management Accounting, Vidyoday Library Pvt. Ltd Course Name: Financial Market
Course Code: BCOMHFIDSE501
Course Type-Theory (5-1-0)
Teaching Learning Process (For Finance Specialization)
Teaching learning process may be interactive classroom sessions with the help of Power Point Duration: 2 Hrs. Marks: 50(10+40) Credits: 6
presentations, reflective assessment and case study discussions to ensure active participation and
continuous learning. Course Objective
To provide students an overview of financial markets & institutions in India and familiarize them with
Assessment Methods important fee and fund based financial services
Internal Examination (10 Marks): Internal Assessment may be conducted by using any one or in
combinations of Class participation, Presentation, Project Writing and Presentation, Assignment and Course Learning Outcomes
Presentation, Surprise Test as suitable. After completing the course, the student shall be able to:
CO1: understand the meaning and scope of financial markets as well as institutions in India. CO2:
External Examination (40 Marks): End Semester Written Examination, Duration 2 Hours understand the concepts of Money Market and Capital Market
CO3: explain Commercial Banking and its Current developments.
CO4: explain concept of Non-Banking Financial Companies (NBFC‘s)
CO5: examine the Financial Services Industry

Course Contents
Unit-I Introduction: An Introduction to financial Market, Components, Financial Market and
Economic Development, Financial Inter-mediation, Financial Sector Reforms since liberalization.

Unit-II: Capital Market-Equity: Capital Markets –Introduction, role and functions. Components of
Capital market. Cash markets- Equity, Depository (NSDL, CDSL). Primary and Secondary Markets –
NSE, BSE, Market Indices-NIFTY, SENSEX Composition. Role of Stock Exchanges in India. SEBI
and Investor Protection.

Unit-III: Capital Market -Bond : Bond-Meaning- Corporate Bond -Government Bond -Features-
Interest Rate and Bond Price-Primary and Secondary Bond Market-Economic forces determining bond
price-Interest Rate and Currency Swaps-Current Status of Indian Bond Market.

Unit-IV: Money Market

Meaning -Features-Money Market Instruments-Discount Houses-Acceptance House- Call Loans: Concept,
Advantages and Disadvantages; Treasury Bills: Concept, Features, Types, Merits and Demerits; Commercial
Bills: Concept, Merits and Demerits; Commercial Papers: Concept, Features and Advantages; Certificate of
deposits: Concept, Features and Advantages; Repo instruments.

Unit-V: Mutual Fund Market

Mutual Fund Markets-Meaning, Features, Benefits, Different Schemes, Return and Risk in Mutual
Fund. NAV calculation.

Suggested Readings:
 Bhole, L.M., Financial Markets and Institutions. Tata McGraw Hill Publishing Company.
 Kumar, V., Gupta, K., Kaur, M., Financial Markets, Institutions and Financial Services,
Taxmann‘s Publications.
52 53
  Khan M.Y. and Jain, P.K Financial Services, Tata McGraw Hill. B.Com. (Hons.): Semester-V
 Annual Reports of Major Financial Institutions in India Course Name: Banking and Insurance
 Khan, M.Y., Indian Financial System –Theory and Practice, Vikas Publishing House. Course Code: BCOMHFIDSE502
Course Type-Theory (5-1-0)
 Sharma, G.L., & Singh, Y.P., Contemporary Issues in Finance and Taxation, Academic
(For Finance Specialization)
Foundation, Delhi.
Duration: 2 Hrs. Marks: 50(10+40) Credits: 6
Note: The latest edition of text books may be used.
Course Objective
Teaching Learning Process To develop an understanding among students about identifying, analyzing and managing various
types of risks. Besides the students will be in a position to understand principles of insurance and
Teaching learning process may be interactive classroom sessions with the help of Power Point
its usefulness in business along with its regulatory framework.
presentations, reflective assessment and case study discussions to ensure active participation and
continuous learning. It includes theoretical discussion and numerical problems solving.
Course Learning Outcomes
Assessment Methods After completing the course, the student shall be able to:
CO1: understand the Concept of Risk, it‘s types, sources and measurements.
Internal Examination (10 Marks): Internal Assessment may be conducted by using any one or in CO2: learn the Concepts and Principles of Insurance and its operations.
combinations of Class participation, Presentation, Project Writing and Presentation, Assignment and CO3: develop insights into various types of Insurance
Presentation, Surprise Test as suitable. CO4: examine the Legal aspects of Insurance contract and Actuaries
CO5: familiarize with the Regulatory Framework of Insurance
External Examination (40 Marks): End Semester Written Examination, Duration 2 Hours
Course Contents
Unit 1: Origin of Banking: Definition, Types of deposits, Origin, Nationalization and growth of
commercial banks in India. India‘s Approach to banking Sector Reforms, International security
standards in banking, Global Financial Crisis and India‘s banking Sector.

Unit 2: Emergence of Foreign Banks: Foreign banks in pre-independence and Post- independence
India, Role of Foreign Banks, Advantages and Disadvantages of Foreign Bank

Unit 3: E-Banking Services and Banking Sector Reforms: Internet Banking, Phone Banking, Mobile
Banking, ATM‘s, Debit Card, Credit Cards - Banking sector reforms - Basle Norms, Migration to Basel
II Norms, Balance Sheet of a Bank; special items, off balance sheet items. Capital Adequacy,
Globalised Challenges in Banking Services, New Trends in Banking Services, Measurement of Service
Quality, SERVQUAL

Unit 4: Basic Concepts of Risk: Concept of risk, Risk vs. Uncertainty, Types of risks, Assessment and
transfer, Basic principles of utmost good faith, Insurable interest, Indemnity, Economic function,
Proximate cause, Subrogation and contribution. Types of insurance: Life and Non-life insurance;
Features, Need and Policies of insurance; Re- insurance and Co-insurance: Features, Objectives and
Methods; Loss Assessment and Loss control, Control of Malpractices and Mis-selling, Exclusion of
perils, Actuaries, Computation of insurance premium.

Unit 5: Legal Aspects of Insurance Contract: Regulatory Framework of Insurance: Role, Power and
Functions of IRDA, IRDA Act 1999. Bancassurance. Delegation of powers, establishment of Insurance
Advisory Committee, powers to make regulations.

Suggested Readings:
54 1. Agarwal, O.P., Banking and Insurance, Himalya Publishing House 55
 2. Suneja, H.R., Practical and Law of Banking, Himalya Publishing House B.Com. (Hons.): Semester-V
3. Saxena, G.S., Legal Aspects of Banking Operations, Sultan Chand and Sons Course Name: Advanced Financial Management
4. Gupta, P.K., Insurance and Risk Management, Himalaya Publishing House Course Code: BCOMHFIDSE503
5. Mishra, M.N., Principles and Practices of Insurance, S. Chand and Sons. Course Type-Theory (5-1-0)
6. Black, K. and H.D. Skipper, Life and Health Insurance, Pearson Education (For Finance Specialization)
7. Vaughan, E.J. and T. Vaughan, Fundamentals of Risk and Insurance, Wiley & Sons
8. Suri, Niti, Banking and Financial Institution, New Century Publications. Duration: 2 Hrs. Marks: 50(10+40) Credits: 6

Teaching Learning Process Course Objective

The objective of this paper is to help students to acquire conceptual knowledge about different areas of financial
Teaching learning process may be interactive classroom sessions with the help of Power Point management and to enable them to apply different techniques related to these areas.
presentations, reflective assessment and case study discussions to ensure active participation and
continuous learning. Course Learning Outcomes
After completing the course, the student shall be able to:
Assessment Methods CO1: Develop understanding of basic concepts of Indian capital market and its different
components.
Internal Examination (10 Marks): Internal Assessment may be conducted by using any one or in CO2: Understand the basic concept and purpose operating, financial and combined leverages.
combinations of Class participation, Presentation, Project Writing and Presentation, Assignment and CO3: understand the concepts and techniques related to financial statement analysis.
Presentation, Surprise Test as suitable.
CO4: understand and analyze the different concepts of capital structure and relevant theoretical
External Examination (40 Marks): End Semester Written Examination, Duration 2 Hours models with practical exposure.
CO5: understand different concepts of cash and receivables management.

Course Contents
Unit I: Specific Sources of Finance: Indian Capital Market Participants, Equity Share, Sweat Equity
Share, Hybrid Debt Instrument-Zero Interest Bond-Deep Discount Bonds, Junk Bond, Step-up and Step-
Down Debentures, Listing Securities- Advantages, Foreign Domestic Capital Market- Foreign Currency
Convertible Bonds, Global Depository Receipts (GDR), External Commercial Borrowing.

Unit II: Leverage- Meaning- -Operating Leverage- Financial Leverage-Combine/Total Leverage-

Structure of Leverage- Trading on Equity-Financial Gearing-Interest Cover and Income Gearing-Gearing
and Cost of Capital-Gearing and EPS.

Unit-III: Financial Statement Analysis-Meaning, Types, Methods, Steps involved in Financial

Statement Analysis, -Du Pont Analysis, Economic Value Added (EVA)-Adjustments for Determination of
EVA, EVA and Managerial Performance, Superiority and Drawbacks of EVA, Steps in Implementing
EVA, Market Value Added, Shareholders‘ Value Added.

Unit IV: Capital Structure-Meaning, Optimum Capital Structure, Factors Determining Capital Structure,
Debt-Equity Analysis, EBIT-EPS Analysis-Financial Break Even, Net Income Approach, Net Operating
Income Approach, Weighted Average Cost of Capital Approach-Modigliani and Miller Theory, Capital
Asset pricing Model.

Unit-V: Receivable Management: Meaning of Trade Debt, Cash Discount, Steps in Evaluation of
Increase in Cash Discount, Monitoring of Account Receivables-Ratio Analysis for control of Receivables,
Ageing Schedule, ABC Analysis of Receivables, Discriminate Analysis and Credit Scoring, Assessing
Customer Creditworthiness, Credit Policy, Credit Standard, Policy on Bad-Debts, Decision Tree Analysis
in Credit Granting.
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Suggested Readings: B.Com. (Hons.): Semester-V
1. James C. Van Horne and Sanjay Dhamija, Financial Management and Policy, Pearson Education Course Name: Tax Planning and Management
2. Levy H. and M. Sarnat . Principles of Financial Management. Pearson Education . Course Code: BCOMHTXDSE501
3. Joy, O.M. Introduction to Financial Management. Mc Graw Hill Education. Course Type-Theory (5-1-0)
4. Brigham and Houston, Fundamentals of Financial Management, Cengage Learning (For Taxation Specialization)
5. Khan and Jain. Basic Financial Management, McGraw Hill Education
6. Chandra, P. Fundamentals of Financial Management. McGraw Hill Education Duration: 2 Hrs. Marks: 50(10+40) Credits: 6
7. Singh, J.K. Financial Management- text and Problems. 2nd Ed. Dhanpat Rai and Company, Delhi.
8. Rustagi, R.P. Fundamentals of Financial Management. Taxmann Publication Pvt. Ltd. Course Objective
9. Singh, Surender and Kaur, Rajeev. Fundamentals of Financial Management. Mayur Paperback, New The objective of this paper is to help students to acquire conceptual and practical knowledge about tax planning and
Delhi. its management
10. Pandey, I.M. Financial Management. Vikas Publications.
Course Learning Outcomes
After completing the course, the student shall be able to:
Teaching Learning Process CO1: Understand basic concepts of tax planning, tax management, tax evasion and tax avoidance.
CO2: Understand the concepts of tax planning in respect of salary and house property .
Teaching learning process may be interactive classroom sessions with the help of Power Point CO3: understand the concepts of tax planning for a new business with reference to its location and
presentations, reflective assessment and case study discussions to ensure active participation and to know about the related provisions for FTZ and SEZ .
continuous learning. It includes theoretical discussion and numerical problems solving. CO4: understand the concepts of tax planning for a business with reference to its nature and to
know about the relevant provisions for companies belonging to different sectors.
Assessment Methods CO5: understand the concepts of tax planning and available tax concessions with reference to
amalgamation, merger and demerger of companies and to know about implication of tax
Internal Examination (10 Marks): Internal Assessment may be conducted by using any one or in planning for decisions related to make or buy, owning or leasing, repairing and replacement
combinations of Class participation, Presentation, Project Writing and Presentation, Assignment and of assets.
Presentation, Surprise Test as suitable.

External Examination (40 Marks): End Semester Written Examination, Duration 2 Hours Course Contents
Unit: 1 Introduction to Tax Planning and Tax Management: Concept of Tax Planning, Objectives of
Tax Planning, Importance of Tax Planning, factors to be considered for Tax Planning, Essential of Tax
Planning, Tax Management and its important areas, Tax Evasion and Tax Avoidance, Difference Between
Tax Planning and Tax Management, Difference Between Tax Planning and ‗Tax Evasion‘ and Difference
Between Tax Avoidance and Tax Evasion

Unit 2: Tax Planning for Specific Categories of Income for Individual: Tax Planning in respect of
Income from Salary and Tax Planning in respect of income from House Property.

Unit 3: Tax Planning with Reference to location of Business of a new Enterprise: Relevance of Tax
Provisions in deciding the Location of Business, Special Provisions in respect of Newly Established
Undertakings in Free Trade Zone, Special Provisions in Respect of Newly Established Units in Special
Economic Zone.

Unit 4: Tax Planning with Reference to Nature of Business: Relevance of Tax Provisions in deciding
the Nature of Business, Tax Provisions for Certain Types of Businesses-Infrastructure,
Telecommunication and Power. Tax Provisions for Offshore Banking Units. Tax Holidays.

Unit 5: (a)Tax Planning with Reference to Business Restructuring: Tax Planning for Amalgamation,
Merger and Demerger of Companies, Tax concession and incentives for amalgamation and demergers

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(b) Tax Planning with Reference to Specific Management Decisions: Tax related consideration for B.Com. (Hons.): Semester-V
Make or Buy, Tax Planning in Respect of Owing or Leasing as Asset, Tax Planning in Relation to Repair Course Name: Tax Practice and Procedures
and Replacement of an Asset and tax planning in respect of Shut Down or Continue Course Code: BCOMHTXDSE502
Course Type-Theory (5-1-0)
Suggested Readings: (For Taxation Specialization)

1. V.K.Singhania and K. Sighania, Direct Taxes, Taxmann Publications Duration: 2 Hrs. Marks: 50(10+40) Credits: 6
2. Gupta and Ahuja, Direct Taxes, Bharat Publications.
3. V.K. Singhania and M. Singhania, Tax Management and Practice, Taxmann Publications Course Objective
4. Ahuja, Girish. and Ravi Gupta, Corporate Tax Planning and Management, Bharat Law House The objective of this paper is to help students to acquire conceptual and practical knowledge about filing of
5. Sengupta, C.H., Law and Practice of Direct and Indirect Taxes,Dey Book Concern, Kolkata different returns, procedure of tax deduction, tax collection etc. and relevant provisions of related acts.

Teaching Learning Process Course Learning Outcomes

After completing the course, the student shall be able to:
Teaching learning process may be interactive classroom sessions with the help of Power Point CO1.To know about PAN, different ITR forms, filing of returns and assessment procedures.
presentations, reflective assessment and case study discussions to ensure active participation and CO2: Understand the concepts of TDS, TCS, tax recovery and settlement process.
continuous learning. It includes theoretical discussion and numerical problems solving. CO3: understand different aspects of GST returns and related payments, refunds and penalties.
CO4: understand the process of tax recovery and settlement under GST.
Assessment Methods CO5: understand the concepts and procedures of customs duty.
Internal Examination (10 Marks): Internal Assessment may be conducted by using any one or in
combinations of Class participation, Presentation, Project Writing and Presentation, Assignment and Corse Contents
Presentation, Surprise Test as suitable.
Unit I: Filing of Returns and Assessment under Income Tax: Permanent Account Number; filing of
External Examination (40 Marks): End Semester Written Examination, Duration 2 Hours Return; various types of return, Compulsory filing of return ITR Forms; signing authorities in ITR, E-
verifications, Assessment-various types of assessment, regular assessment, summary assessment, re-
assessment, income escaping assessment, Due dates of filing returns, rectification of mistakes.

Unit II: (a) Tax Deduction and Tax Collection under Income Tax: TDS, TDS forms-24Q, 26Q,27Q,
due dates of TDs payment and returns submission, filing of TDS, TDS Certificates, TCS; forms-27EQ
Advance Payment of Tax; due dates of payments of advance tax, Interest; Penalties and Prosecution.
(b) Tax Recovery and Settlement Process under Income Tax: Appeals and Revision; Collection and
Recovery of Tax; Refund of Tax; Settlement of Cases.

Unit III: Returns, Payment of Tax and Refund under GST: Returns; process of filing returns, types of
returns, due dates of different returns, Payment of Tax, Interest, TDS; Assessment; Refund of Tax;
Penalties and Prosecution.

Unit IV: Tax Recovery and Settlement Process under GST: Recovery of Tax; Inspection, Search,
Seizure and Arrest; Appeals and Revision; Advance Ruling.

Unit V: Customs Duty Procedures: Nature and basics features of customs duty, charges of Custom duty,
Exclusive Economic Zone and High Sea, Valuation under the Customs Act; Importation, Exportation and
transport of Goods, Warehousing, Demands and Appeals, Refund, Duty Drawback.

Suggested Readings:

1. V.K.Singhania and K. Sighania,Direct Taxes, Taxmann Publications

2. Gupta and Ahuja, Direct Taxes, Bharat Publications.
3. V.K. Singhania and M. Singhania, Tax Management and Practice, Taxmann Publications
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4. V. S. Datey, Indirect Taxes, Taxmann. B.Com. (Hons.): Semester-V
5. V. S. Datey, Workbook on Indirect Taxes, Taxmann. Course Name: Income Tax Return Filing
6. VineetSodhani,Tax Management and Practice (Indirect), Taxmann Publications Course Code: BCOMHTXDSE503
7. Ahuja, Girish. and Ravi Gupta, Corporate Tax Planning and Management, Bharat Law House Course Type-Practical (0-0-12)
8. Singhania, Vinod K. and KapilSinghania, TDS on CD, Taxmann Publications Pvt. Ltd., (For Taxation Specialization)

Teaching Learning Process Duration: 2 Hrs. Marks: 50(30+20) Credits: 6

Teaching learning process may be interactive classroom sessions with the help of Power Point
presentations, reflective assessment and case study discussions to ensure active participation and Course Objective
The aim of this course is to help students become familiar income tax return filing and build confidence in them that
continuous learning. It includes theoretical discussion and numerical problems solving.
income tax return filing is ‗learnable‘. The course also helps the learners become aware of income tax returns, its
dependence on rules of income tax department. This course will be offered under six headings as given below:
Assessment Methods
Course Learning Outcomes
Internal Examination (10 Marks): Internal Assessment may be conducted by using any one or in Some of the course learning outcomes that learners of this course are required to demonstrate runs thus:
combinations of Class participation, Presentation, Project Writing and Presentation, Assignment and CO1: Identify deviant use of income tax portal of government of India
Presentation, Surprise Test as suitable.
CO2: Filing of Income Tax Returns
CO3: Recognize their own ability to improve their own competence in the field of Taxation
External Examination (40 Marks): End Semester Written Examination, Duration 2 Hours
CO4: Understand the process of E-filing of Income Tax Returns
CO5: Tax Planning ability

Course Contents
Unit-I: Registration: Overview of Income Tax Portal, https://www.incometaxindiaefiling.gov.in/,
Registration in Income Tax Portal, Changes of Login Password, Upgradation of Taxpayer Information,
Login in Income Tax Portal.

Unit-II: (a) Submission of Income Tax Return for Salary Employee: Online Submission of Income
Tax Return for Salary Employee, View from 26AS, ITR-1, Gross Total Income, Deductions, Tax
Liability, Income Tax Calculator, Interest Calculation U/S 234A, 234B, and 234C, Upload Return, E-
verification, Aadhar Based Verification, E-verification through Bank Account, E-verification through
Demat Account, View E-file Returns,

(b) Online Submission of 10E: Relief for Arrear and Advance Salary- Relief U/S 89(1), Calculation of
Tax Relief, Online Submission of Return of Form 10E

Unit-III: Submission of Income Tax Return for Businessmen: Online Submission of Income Tax
Return for Businessmen, View from 26AS, ITR-4, Presumptive Assessment, Gross Total Income,
Preparation of Balance Sheet, Deductions, Tax Liability, Upload Return, E-verification, View E-file
Returns.

Unit-IV: Revision of Income Tax Returns: Reasons of Revision, Due Date of Revision, Online
Submission of Revised ITR-1, Online Submission of Revised of ITR-IV, ITR-6, Verification of Revised
Return.

Unit-V: E-Payment of Tax: Viewing TDS, Online Payment of Tax, Challan NO/ITNS 280, ITNS 281,
Direct Payment of Tax through Net Banking

Teaching Learning Process

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Practical Session using internet and the Portal of Income Tax Department of India, income tax
calculator. Interactive classroom sessions with the help of Power Point presentations, reflective
assessment and case study discussions to ensure active participation and continuous learning.
Assessment Methods:
(a) Internal Assessment: 30 Marks: Internship for 15 days may be arranged with any CA or Law Firm. Project
may be written on this internship.
(b) External Assessment: 20 Marks (Experts from other colleges or University)

Assessment Methods:
Marks Examiner
Project Note i. Lab Note Book: 05 30 Internal
Book Marks marks
ii. Viva : 10 Marks
iii. Experiment: 15 Marks

Practical i. Experiment: 15 Marks 20 External

ii. Viva : 05 Marks
marks

• Software: Singhania, V.K., E-Filing of Income Tax Returns and Computations of Tax, Taxmann
• Software: ―Excel Utility‖, incometaxindiaefiling.gov.in

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