PAPER 1 BUSINESS ORGANIZATION

Unit – I Forms of Organization -
Sole Trading, Partnership including Registration and Dissolution.
Joint Stock Companies – Types of Companies – their promotion. Financing of Joint Stock Companies- Capitalization and Capital Structure-Patters of Capital Structure-Economics
Features of different classes of shares and securities.

Unit – II Management of Joint Stock Companies -
Distribution of power between Shareholders and Directors Appointment, rights duties and liabilities of Directors-Power and Duties of Secretaries and the chairman Company meetings. Types of meetings, Resolutions, Drafting of reports agenda and minutes.
Combination in Business – Economic motives behind business combination, detailed study of types and forms of business combination-in Indian industries. Public Corporation Meaning, difference between Public Corporation and other forms of Organizations, Organization of Insurance business in India after Nationalization.

Unit – III Scientific Management –
Meaning, elements of Scientific Management.
Rationalization –Meaning and scope of rationalization-difference between scientific management and rationalization in Indian industries.
Methods of wage payments – Factors determining wages-Fair wages, Living wages and Minimum wages-Time and piece rates system of wages payment-Incentive plans, e.g. Halsey, Rowan, Taylor and Gantt system of wage payment, Profit sharing, method of wage payment.

Unit – IV Organized Market –
Stock Exchange- Terms used in Stock Exchange. A brief history of stock exchanges in India-Organization and working of Stock Exchange-Calcutta, Bombay and London Stock Exchanges, Regulation of Stock Exchange in India-Economic case for speculation.
Produce Exchange – A brief history of produce exchange in India. Working of Produce Exchange Spot and Future dealing, Advantages of future dealings.

Unit – V Organization of Trades –
Home trade, Wholesale and Retails Business, Multiple shop system, departmental
stores and Chain Stores.

Organization of Import Trade –Terms used in import trade, Organization of export trade and methods employed in export trade. Brief introduction to Salesmanship, Kinds, forms, characteristics etc. of Business letters.
Insurance – Brief introduction of life. Fire and Marine insurance.
Brief introduction to the world computers, origin, growth, advantages, applications and kinds of computers.

Books Recommended:
I. Dr. Yogendra Prasad Verma (S. Chand) : VyaparPrabhand
II. R. k. Sharma : Business Organization
III. F. C. Sharma : Business Organization

Bachelor of Commerce Part – I
( Honours Course – Accounts Group )
Financial Accounting
Paper – I
Full Marks: 100

Unit - I :
Basic Accounting concepts, Principles and conventions. Nature & Significance of Accounting, Types of Accounting, Preparation, Presentation and Analysis of Financial Statements – their Limitations

Unit - II :
Accounting of Non Trading Organizations, Receipt and Payment Account, Income and Expenditure Account, Single Entry System Preparation of Account for incomplete – Records, Conversion of Single Entry into Double Entry System.

Unit - III :
Royalty, Hire Purchase System and Instalment Payment System of Accounts.

Unit - IV :
Departmental Accounts, Branch Account (Excluding Foreign Branch).

Unit - V :
Insolvency Account, Partnership dissolution, Insolvency of Partners – Garner Vs. Murry Case, Sale of a Company.
 

Books Recommended:
I. S. M. Shukla : Financial Accounting.
II. Singh and Singh : Financial Accounting.
III. Bhrigu Nath Ojha & Others. : Company Accounting.
IV. M. C. Shukla : Advanced Accounts.
V. R. D. Gupta : Advanced Accounts.
VI. T. S. Grewal : Financial Accounts.
VII. Paul and Paul : Financial Accounting.

B. Com Part – I (Honours Course – Accounts Group )

Paper – II
Auditing

Full Marks: 100

Unit – I: Introduction
Origin and Growth of Auditing, Meaning, Definition Scope and Limitations of Auditing, Objects, Advantages and Limitations of Auditing.

Unit – II: Types and Classification -
Types and Classification of Audit, Principle, Techniques, Preparation of and Procedure of Audit, Internal Control and Internal Check.

Unit – III: Vouching, Verification and Valuation -
Vouching, Verification and Valuation of Assets and Liabilities, Depreciation, Reserves and Provisions, Divisible Profit and Dividends, Investigation.

Unit – IV: Company Auditor -
Appointment, Remuneration, Qualification, Power & Duties, Liabilities of an Auditor, Auditor’s Report.

Unit – V: Audit of Specialized Institutions -
Audit of Banking Companies, Audit of Insurance Companies and Audit of Educational Institutions.
Audit of Non-Profit Companies and Other Businesses -
Audit of Electricity Supply Companies, Railway Co., Trust, Government Company,
Hospital, Club, Hotel and Audit of Charitable Institutions.
Recent Trends in Auditing -
Auditing of Inflation Accounting, Human Resource Accounting, Audit Committees and
Social Audit.

Books Recommended:
I. Auditing – T. R. Sharma – SahityaBhawan Publications.
II. Auditing – B. K. Mehta – SBPD.
III. Auditing – N. L. Nadda.
IV. A Hand Book of Practical Auditing - B. N. Tandon, S. Sudharsanam& S. Sundharabahu – S.Chand.

V. Auditing – O. P. Gupta, B. N. Ojha, B. K. Singh – S. Dinesh & Co.
VI. Auditing: Theory and Practice – G. D. Verma, Pradeep Kumar, BaldevSachdeva, Jagawant Singh – Kalyani Publisher.

Composition (English)
B.A. Part - I
PAPER – I

Time – 11⁄2 Hours Full Marks – 50

1. The Literary Heritage : A New Anthology of Indian English Prose Ed. Prasad, Masih & Singh, Motilal Banarsidass
a. H. Kabir : The Unity of Indian Culture
b. J. Nehru : On With The Work
c. From the Ramayana : A Golden Deer
d. W.W. Jacobs : The Monkey’s Paw
e. E.A. Poe : The Purloined Letter

2. Mac Flecknoe : J. Dryden