Part – I
Accounting and Auditing :
Accounting
Auditing
‐ Nature, objectives and basic principles of auditing.
‐ Techniques of Auditing‐physical verification, examination of documents and vouching, direct confirmation, analytical review.
‐ Planning an audit, audit programmes, working papers, audit process.
‐ Evaluation of internal controls.
‐ Test checking and sampling.
‐ Broad outlines of company audit.
‐ Audit of non‐corporate enterprises.
‐ Internal and management audit.
Part – II
Business Organisation :
Distinct features of different forms of business organisation.
Sole Proprietor
Partnerships‐characteristics, Registration, Partnership deed, Rights and duties, Retirement,
Dissolution,
Joint Stock Company‐Concept, characteristics, types.
Cooperative and State ownership forms of organisations.
Types of securities and methods of their issue.
Economic functions of the capital market, stock exchanges, Mutual Funds. Control and regulation of capital market.
Business combinations; control of Monopolies. Problems of modernisation of industrial enterprises. Social Responsibility of business.
Foreign Trade‐Procedure and financing of import and export trade. Incentives for export promotion. Financing of foreign trade.
Insurance‐Principles and practice of Life, Fire, Marine and General Insurance.
Management
Management functions – Planning‐strategies, Organising‐levels of authority Staffing, Line function and staff function, Leadership, Communication, Motivation, Directing‐Principles, Strategies.
Coordination‐Concept, types, methods.
Control‐principles, performance standards, corrective action. Salary and wage administration‐Job evaluation.
Organisation Structure – Centralization and decentralisation‐Delegation of authority‐span of control‐Management by objectives and Management by Exception.
Management of change; Crisis Management.
Office Management‐scope and principles; systems and routines; handling of records‐modern aids to Office management; office equipment and machines; Automation and Personal computers.
Impact of Organisation and Methods (O & M).
Commerce
Company Law
Joint stock companies‐incorporation; documents and formalities‐Doctrine of indoor
management and constructive notice.
Duties and powers of the board of directors of a company.
Accounts and Audit of Companies.
Company Secretary‐role and functions‐qualifications for appointment.