PAPER – I
(Accounting and Finance)
PART - A
Accounting, Taxation & Auditing
Unit I Financial Accounting
Accounting as a Financial Information System; Impact of Behavioural Sciences. Accounting Standards e.g. Accounting for Depreciation, Inventories, Fixed Assets, Contingencies, Foreign Exchange Transactions, Investments and Government Grants, Cash Flow Statement, Funds Flow Statements, Earnings Per Share.
Issues of shares; (Pro-rata Allotment); Forfeiture of Shares; Re-issue of Shares; Preparation and Presentation of Company Final Accounts.
Amalgamation, Absorption and Reconstruction of Companies.
Unit II Cost Accounting
Nature and Functions of Cost Accounting. Installation of Cost Accounting System. Cost Concepts related to Income Measurement, Profit Planning, Cost Control and Decision Making.
Methods of Costing: Job Costing, Process Costing, Activity Based Costing.
Volume – cost – Profit Relationship as a tool of Profit Planning.
Preparation of Cost Sheet.
Unit III Taxation :
Income Tax: Definitions; Basis of Charge; Incomes which do not form Part of Total Income. Simple problems of Computation of Income (of Individuals only) under Various Heads, i.e., Salaries, Income from House Property, Profits and Gains from Business or Profession, Income of other Persons included in Assessee’s Total Income . Set - Off and Carry Forward of Loss.
Deductions from Gross Total Income.
Salient Features/Provisions Related to VAT and Services Tax.
Unit IV Auditing
Audit: Meaning, Objectives, Classification of Audit.
Audit Programme: Preparation, Advantages and Disadvantages.
Internal Control, Internal Check and Internal Audit.
Appointment, Removal, Remuneration, Powers and Duties of Company Auditor.
Audit of Non-Profit Organisations and Charitable Societies/Trsuts/Organisations.
PART - B
Financial Management, Financial Institutions and Markets
Unit I Finance Function: Nature, Scope and Objectives of Financial Management:
Risk and Return Relationship.
Tools of Financial Analysis: Ratio Analysis, Funds-Flow and Cash-Flow Statement.
Capital Budgeting Decisions: Process, Procedures and Appraisal Methods.
Risk and Uncertainty Analysis and Methods.
Unit II Financing Decisions: Theories of Capital Structure - Net Income (NI) Approach, Net Operating Income (NOI) Approach, MM Approach and Traditional Approach. Designing of Capital structure: Types of Leverages (Operating, Financial and Combined), EBIT- EPS Analysis, and other Factors.
Working Capital Management: Planning of Working Capital. Determinants of Working Capital.
Components of Working Capital - Cash, Inventory and Receivables.
Unit III Indian Financial System: An Overview - The Indian Financial System on the eve of Planning and in the post 1950 period; Structure of Indian Financial System and its impact on Economic Development.
Money Markets: Participants, Structure and Instruments. Commercial Banks. Reforms in Banking sector. Monetary and Credit Policy of RBI. RBI as a Regulator.
Capital Market: Primary and Secondary Market. Financial Market
Instruments and Innovative Debt Instruments; SEBI as a Regulator.
Unit IV Financial Services: Mutual Funds, Venture Capital, Credit Rating Agencies, Insurance and IRDA. Development Banks and other Non-Banking Financial Institutions: SIDBI; IFCI; NABARD; LIC; EXIM Banks - Their evolution and growth.
PAPER – II
(Organisation Theory and Behaviour, Human Resource Management and Industrial Relations)
PART - A
Organisation Theory and Behaviour
Organisation Theory:
Unit I Evolution of Organisation Theory: Classical, Neo-classical and Systems Approach.
Nature and Concept of Organisation; External Environment of Organizations - Technological, Social, Political, Economical and Legal; Organizational Goals - Primary and Secondary goals, Single and Multiple Goals; Management by Objectives.
Organising: Principles of Organisation; Departmentation; Staffing : Nature and Importance; Process of Recruitment and Selection.
Unit II Modern Concepts of Organisation Theory: Organisational Design, Organisational Structure. Designing Organizational structures–Authority and Control; Line and Staff Functions, Specialization and Coordination. Types of
Organization Structure –Functional. Matrix Structure, Project Structure. Nature and Basis of Power , Sources of Power, Power Structure and Politics. Impact of Information Technology on Organizational Design and Structure.
Organisation Behaviour:
Unit III Meaning and Concept; Individual in organizations: Personality, Theories, and
Determinants; Perception - Meaning and Process.
Motivation: Concepts, Theories (Maslow, Herzberg) and Applications.
Leadership-Theories and Styles.
Unit IV Management of Conflicts in Organizations. Transactional Analysis, Organizational Effectiveness, Management of Change. Directing: Meaning and Nature; Communication: nature and Process, Barriers to Communication.
PART - B
Human Resources Management and Industrial Relations
Human Resources Management (HRM):
Unit I Meaning, Nature and Scope of HRM, Human Resource Planning, Job Analysis, Job Description, Job Specification, Recruitment Process, Selection Process, Orientation and Placement, Training and Development Process,
Unit II Performance Appraisal and 360° Feed Back, Salary and Wage Administration,
Job Evaluation, Employee Welfare, Promotions, Transfers and Separations.
Compensation.
Industrial Relations (IR):
Unit III Meaning, Nature, Importance and Scope of IR, Formation of Trade Unions, Trade Union Legislation, Trade Union Movement in India. Recognition of Trade Unions, Problems of Trade Unions in India. Impact of Liberalization on Trade Union Movement. Nature of Industrial Disputes: Strikes and Lockouts , Causes of Disputes, Prevention and Settlement of Disputes.
Unit IV Worker’s Participation in Management: Philosophy, Rationale, Present Day
Status and Future Prospects. Salient features of Minimum Wages Act, 1984: Enforcement and Objectives of the Act; Fixation, Revision and Payment of Minimum Wages.
The Consumer Protection Act, 1986: Salient Features, Definitions of Consumer; Grievance Redressal Machinery; RTI and its applications.
