SYLLABI

for

B.Com (Corporate Secretaryship)

With effect from the

Academic Year 2011 – 2012

Under the
Choice Based Credit System
 FIRST YEAR
FIRST SEMESTER

CORE: 1 FINANCIAL ACCOUNTING

CORE: 2 PRINCPLES OF MANAGEMENT

ALLIED: 1 OFFICE MANAGEMENT

SECOND SEMESTER

CORE: 3 ADVANCED FINANCIAL ACCOUNTING

CORE: 4 HUMAN RESOURCE MANAGEMENT

ALLIED: 2 BUSINESS COMMUNICATION

 THE NEW COLLEGE (AUTONOMOUS), CHENNAI-14.
B.COM (CORPORATE SECRETARYSHIP)
CHOICE BASED CREDIT SYSTEM
SYLLABUS
(Effective from the Academic Year 2011-2012)
FIRST YEAR - SEMESTER – I
CORE 1 - FINANCIAL ACCOUNTING
Credits - 4
Marks-75
Objective: To acquire basic accounting knowledge.

UNIT - I
Meaning and scope of Accounting, Basic Accounting Concepts and Conventions –
Objectives of Accounting - Accounting Transactions - Double Entry Book
Keeping - Journal, Ledger, Preparation of Trial Balance - Preparation of Cash
Book.
UNIT - II
Preparation of Final Accounts of a Sole Trading Concern - Adjustments - Closing
Stock, Outstanding and Prepaid Items, Depreciation, Provision for Bad Debts,
Provision for Discount on Debtors, Interest on Capital and Drawings - Preparation
of Receipts and Payments Account, Income & Expenditure Account and Balance
Sheet of Non-Trading Organizations (Only simple problems).
UNIT - III
Classification of Errors - Rectification of Errors - Preparation of Suspense
Account. Bank Reconciliation Statement (Only simple problems).
UNIT - IV
Depreciation - Meaning, Causes, Types - Straight Line Method - Written Down
Value Method (Change in Method Excluded) - Insurance Claims - Average
Clause (Loss of Stock Only).
UNIT - V
Single Entry - Meaning, Features, Defects, Differences between Single Entry and
Double Entry System - Statement of Affairs Method - Conversion Method (Only
Simple Problems).

REFERENCE BOOKS:
1. R.L. Gupta & V.K. Gupta - Advanced Accounting
2. T.S. Reddy & A. Murthy - Financial Accounting
3. Sheila & Grewal - Advanced Accounting
4. Jain & Narang - Financial Accounting
5. R.L. Gupta & Radhaswamy - Advanced Accounting

Note: This paper is common to B.Com (CS) and B.Sc (ISM)

 CORE 2 - PRINCIPLES OF MANAGEMENT
Credits - 4
Marks-75

Objective: To acquire knowledge about the principles and practices of

business management.

UNIT - I
Management: Importance - Definition - Role and Functions of a Manager - Levels
of Management – Henry Fayol’s Principles of Management.

UNIT - II
Planning: Nature - Importance - Forms - Types - Steps in Planning - Objectives -
Policies- Procedures and Methods - Decision-making - Process of Decision-
making.

UNIT - III
Organizing: Types of Organisations - Organisation Structure - Span of Control and
Committees – Departmentalization - Informal Organisation.

UNIT - IV
Authority. Delegation - Decentralization - Difference between Authority and
Power - Responsibility – Communication – Meaning – Definition – Types –
Barriers to Communication – Direction – Nature and Purpose.

UNIT - V
Co-ordination - Need, Type and Techniques and Requisites for Excellent Co-
ordination.
Controlling – Meaning and Importance.

REFERENCE BOOKS:
1. P.C. Tripathi & P.N. Reddy - Principles of Management
2. Weihrich and Koontz - Essentials of Management
3. L.M. Prasad - Principles of Management
4. Dinkar Pagare - Principles of Management
5. C.B. Gupta - Business Management
 ALLIED 1 - OFFICE MANAGEMENT
Credits - 5
Marks-75

Objective: To provide working knowledge of office administration and

functions.

UNIT - I
Office – Meaning – Functions of Office – Office Management – Importance –
Elements of Office Management – Office Manager – Qualities - Duties.

UNIT - II
Office Layout – Open and Private Offices – Office Lighting - Ventilation - Interior
Decoration – Furniture – Cleanliness

UNIT - III
Office Manual – Office Forms – Design Management and Control, Stationery and
Supplies – Continuous Stationery – Office Security – Office Services

UNIT – IV
Office Mail Service - Handling Inwards and Outwards Mail – E-Mail – Modern
Office Gadgets – Computer, Laptop, Cell Phones, Xerox Machine

UNIT – V
Records Management - Filing –Different Methods of Filing - Essential Features of
Good Filing System - Their Advantages and Disadvantages - Indexing – Different
Methods of Indexing - Their Advantages and Disadvantages.

REFERENCE BOOKS:
1. P.K. Ghosh - Office Management
2 R. S. N. Pillai & Bhagawathi - Office management
3. Chopra P.K. - Office Management
4. S.P. Arora - Office Management
5. Ltteingnell - Office Management
 FIRST YEAR - SEMESTER-II

CORE 3 - ADVANCED FINANCIAL ACCOUNTING

Credits - 4
Marks-75

Objective: To provide accounting knowledge applicable to different forms of

business.

UNIT - I
Branch Accounts - Dependent Branches - Stock and Debtors System - Distinction
between Wholesale Profit and Retail Profit - Independent Branch (Foreign
Branches Excluded).

UNIT - II
Departmental Accounts - Basis for Allocation of Expenses - Inter Departmental
Transfer at Cost or Selling Price - Treatment of Expenses which cannot be
Allocated.

UNIT - III
Hire Purchase - Default and Repossession - Instalment Purchase System

UNIT - IV
Partnership Accounts - Admission of a Partner - Retirement of a Partner - Death of
a Partner

UNIT - V
Dissolution of Partnership - Insolvency of a Partner (Application of Indian
Partnership Act, 1932) - Insolvency of All Partners - Gradual Realisation of
Assets and Piecemeal Distribution

REFERENCE BOOKS:
1. R.L. Gupta & V.K. Gupta - Financial Accounting
2. Jain & Narang - Financial Accounting
3. S.N. Maheswari - Financial Accounting
4. T.S. Sheila & Grewal - Advanced Accounting
5. T.S. Reddy & A. Murthy - Financial Accounting
 CORE 4 - HUMAN RESOURCE MANAGEMENT

Credits - 4
Marks-75

Objective: To provide knowledge regarding manpower planning and

development.

UNIT - I
HRM - Meaning – Definition - Nature and Scope - Human Resource Planning -
Human Resource Audit – Nature and Benefits

UNIT - II
Recruitment - Selection – Methods of Selection - Interview Techniques in
Selection - Placement

UNIT - III
Induction - Training - Methods - Techniques - Identification of the Training Needs
- Training and Development - Performance Appraisal - Transfer - Promotion and
Termination of Services - Career Development.

UNIT - IV
Remuneration - Components of Remuneration - Incentives - Benefits - Motivation
- Welfare and Social Security Measures

UNIT – V
Labour Relation - Functions of Trade Unions - Forms of Collective Bargaining -
Workers Participation in Management - Types and Effectiveness - Industrial
Disputes and Settlements (Laws excluded).

REFERENCE BOOKS:
1. C.B. Gupta - Human Resource Management
2. Ashwathappa - Human Resource Management
3. Garry Deseler - Human Resource Management
4. L.M. Prasad - Human Resource Management
5. Tripathi - Human Resource Management
 ALLIED 2 - BUSINESS COMMUNICATION

Credits - 5
Marks-75

Objective: To impart drafting skills of business correspondence.

UNIT - I
Definition – Methods –Types – Principles of Effective Communication – Barriers
of Communication – Business Letter – Lay-out

UNIT - II
Kinds of Business Letter : Interview – Appointment – Acknowledgement –
Promotion – Enquiries – Replies – Orders – Sales –Circular – Complaints.

UNIT – III
Bank Correspondence – Insurance Correspondence – Agency Correspondence –
Correspondence with Shareholders, Directors

UNIT - IV
Report Writing – Agenda – Minutes of the Meeting – Memorandum – Office
Orders – Circular – Notes.

UNIT – V
Modern Forms of Communication: Fax, E-mail – Video Conferencing – Internet –
Websites and their uses in business.

REFERENCE BOOKS:
1. L. Gartside - Modern Business Correspondence
2. Ramesh and Pattan Shetty - Effective Business English and Correspondence
3. Bhal and Nagamiah - Modern Business Correspondence
4. Rajendra Paul & Koralahalli - Business Correspondence
5. R.S.N Pillai & Bagavathi – Modern Commercial Correspondence
 THE NEW COLLEGE (AUTONOMOUS), CHENNAI-14.
B.COM DEGREE BRANCH: CORPORATE SECRETARYSHIP
CHOICE BASED CREDIT SYSTEM
SYLLABUS
(Effective from the Academic Year 2011 – 2012)
FIRST YEAR - SEMESTER I
Part – IV- 1 (C) Non-Major Elective

PRINCIPLES OF ACCOUNTING

Credits 2
Marks 75
Unit – I
Introduction to Accounting – Need – Concepts – Types.

Unit - II
Journal – Ledger – Trial Balance.

Unit – III
Final Accounts with Simple Adjustments.

FIRST YEAR – SEMESTER II

Part – IV- 1 (C) Non-Major Elective

FUNDAMENTALS OF BUSINESS ORGANISATION

Credits 2
Marks 75
Unit – I
Business – Meaning – Barter System – Types of Business, Sole
Proprietorship – Features – Merits and Demerits.

Unit - II
Partnership – Features – Advantages and Disadvantages

Unit – III
Joint Stock Company – Characteristics – Types – Merits and Demerits.
 SECOND YEAR
THIRD SEMESTER

CORE: 5 CORPORATE ACCOUNTING

CORE: 6 COMPANY LAW AND SECRETARIAL PRACTICE I

ALLIED: 3 BUSINESS STATISTICS I

FOURTH SEMESTER

CORE: 7 ADVANCED CORPORATE ACCOUNTING

CORE: 8 COMPANY LAW AND SECRETARIAL PRACTICE II

ALLIED: 4 BUSINESS STATISTICS II

 SEMESTER III

CORE 5 – CORPORATE ACCOUNTING

Credits - 4
Marks-75

Objective:
To acquaint the students with Corporate Accounting Techniques and
Practices.

UNIT - I
Issue of Shares and Debentures – Various Kinds – Forfeiture – Re-issue –
Underwriting of Shares and Debentures

UNIT - II
Redemption of Preference Shares – Profits Prior to Incorporation.

UNIT - III
Redemption of Debentures

UNIT - IV
Preparation of Company Final Accounts – Company Balance Sheet Preparation –
Computation of Managerial Remuneration.

UNIT - V
Valuation of Goodwill and Shares

REFERENCE BOOKS:
1. Sheila and Grewal – Advanced Accounts
2. T.S. Reddy and A. Murthy – Corporate Accounting
3. Jain and Narang – Company Accounts
4. R.L. Gupta & Radhaswamy – Corporate Accounting
5 Chakraborthi – Advanced Accountancy
 CORE 6 – COMPANY LAW AND SECRETARIAL PRACTICE – I

Credits - 4
Marks-75

Objective:
To provide understanding of Procedural requirements on various
matters relating to Company Law and Secretarial Practice.

UNIT - I
Introduction – Definition of Company – Characteristics – Advantages – Lifting
of the Corporate Veil – Kinds of Company – Special Privileges of a Private
Company.

UNIT - II
Secretary – Definition – Types of Secretaries – Company Secretary – Legal
position. Qualifications – Appointment – Rights, Duties and Liabilities –
Dismissal of Company Secretary

UNIT - III
Formation of Company – Promoter – Duties of Promoter – Liabilities of Promoter
– Incorporation of a company – Documents to be filed with Registrar – Certificate
of Incorporation – Certificate of Commencement of Business – Duties of
Secretary at the promotion stage.

UNIT - IV
Memorandum of Association and Articles of Association – Meaning and
Importance – Contents – Alteration of Memorandum and Articles of Association –
Prospectus – Meaning – Contents of a Prospectus – Mis- statement in Prospectus
and their Consequences – Statement in Lieu of Prospectus.

UNIT - V
Share capital – Meaning – Kinds – Alteration of Capital – Reduction of Capital –
Secretarial Procedure for Reduction of Capital. – Secretary’s Duties in connection
with Issue of Shares, Bonus Shares.

REFERENCE BOOKS:
1. N.D. Kapoor – Company Law and Secretarial Practice
2. P.P.S. Gogna – A Text Book of Company Law
3. P.K. Ghosh & Dr. V. Balachandran – Outline of Company Secretarial Practice
4. B.N. Tendon – Manual of Secretarial Practice
5. Taxmann – Students Guide to Company Law
 ALLIED 3 – BUSINESS STATISTICS – I
Credits - 5
Marks-75

Objective:
To impart knowledge on Application of Statistical Methods in
Business.

UNIT - I
Origin, Meaning, Definition and Characteristics of Statistics – Uses and
Limitation - Sources of Statistical Data – Primary and Secondary – Collection
of Primary Data – Direct Personal, Indirect Oral, Mailed Questionnaire and
Schedule Methods – Collection of Secondary Data.

UNIT - II
Classification and Tabulation of Data - Types and Importance Presentation of data
including Diagrammatic and Graphical Methods – Bar Diagram, Pie Diagram
Histogram and Ogive - Frequency Distribution – Frequency Table – Structure and
Formation – Discrete and Continuous Series.

UNIT - III
Measures of Central Tendency / Averages. Arithmetic Mean, Median, Quartiles,
Mode, Geometric, Harmonic Mean, Combined Mean and Weighted Mean.

UNIT - IV
Measures of Dispersion – Range - Quartile Deviation - Mean Deviation and
Standard Deviation.

UNIT - V
Measures of Skewness - Meaning- Definition – Types – Karl Pearson's Coefficient
of Skewness and Bowley's Coefficient of Skewness.

REFERENCE BOOKS:
1. S.P. Gupta – Elements of Statistical methods
2. D.N. Gupta – Business statistics
3. B.N Asthana – Elements of statistics
4. R.S.N. Pillai and V. Bagavathi – Statistics
5. P.R. Vittal – Business Statistics
 SEMESTER – IV

CORE 7– ADVANCED CORPORATE ACCOUNTING

Credits – 4
Marks-75

Objective:
To provide Working Knowledge of Accounting Principles and
Procedures for Corporate Entities in Accordance with the Statutory
Requirements

UNIT - I
Amalgamation – Absorption and External Reconstruction of a Company (Inter
Company Investments Excluded)

UNIT - II
Alteration of Share Capital – Internal Reconstruction and Reduction of Capital

UNIT - III
Liquidation – Liquidator’s Final Statement of Receipt and Payments.

UNIT - IV
Accounts of Holding Companies – Minority Interest – Cost of Control / Capital
Reserve – Elimination of Common Transactions – Revaluation of Assets and
Liabilities – Preparation of Consolidated Balance Sheet (Simple Problems Only)

UNIT - V
Final Accounts of Banking Companies

REFERENCE BOOKS:
1. Sheila and Grewal – Advanced Accounts S Chand
2. T S Reddy and A. Murthy – Corporate Accounting
3. Jain and Narang – Company Accounts
4. R.L. Gupta & Radhaswamy – Corporate Accounting
5. Mukherji and Hanif – Modern Accounts, Vol I and Vol II, Tata Mcgraw Hill
 CORE 8 – COMPANY LAW AND SECRETARIAL PRACTICE – II

Credits - 4
Marks-75
Objective:
To provide understanding of procedural requirements on various
matters relating to Company Law and Secretarial Practice.

UNIT - I
Borrowing Powers: Meaning – Ultra-Vires Borrowing - Mortgages and Charges -
Fixed and Floating charges - Registration of Charges - Effects and Consequences
of Non registration of Charge. Debentures - Definition - Kinds - Duties of
Secretary - Comparison between a Shareholder and a Debenture holder.

UNIT – II
Company Management: Introduction. Directors – Qualification - Disqualification
– Appointment - Vacation - Removal - Powers Duties and Liabilities of Directors -
Managing Director - Appointment - Disqualification – Managers.

UNIT –III
Meetings And Procedures: Introduction - Kinds of Meetings - Meetings of share
holders - Statutory Meeting - Annual General Meeting - Extra - ordinary General
Meeting - Class Meetings - Board Meetings - Secretarial Work relating to
Meetings. Motions and Resolutions - Types of Resolutions- Agenda - Minutes -
Voting and Poll - Proxy - Quorum - Chairman of Meeting - Duties of Secretary –
Secretarial Standards relating to Meetings.

UNIT - IV
Dividends and Audit: Dividend - Definition - Rules regarding Dividends -
Secretarial Procedure Regarding Payment of Dividends - Secretarial Standards
relating to Dividends. – Company Auditor - Qualifications – Appointment -
Rights, Duties and Powers.

UNIT - V
Winding Up - Meaning - Modes of Winding up - Compulsory Winding Up -
Voluntary Winding up - Winding up Subject to Supervision of Court - Duties of
Secretary in respect of Winding Up.

REFERENCE BOOKS:
1. N.D. Kapoor – Company Law and Secretarial Practice.
2. P.P.S. Gogna – Text Book of Company Law.
3. P.K. Ghosh and Dr. V. Balachandran – Outline of Company Secretarial Practice
4. B.N. Tandon – Manual of Secretarial Practice.
5. Taxmann – Students guide to Company Law
 ALLIED 4 – BUSINESS STATISTICS – II

Credits - 5
Marks-75

Objective:
To acquire knowledge with regard to analysis of various Statistical
Tools.

UNIT - I
Correlation and Regression Analysis – Meaning- Definition- Significance and
Types of Correlation, Karl Pearson's Coefficient of Correlation – Spearman’s
Rank Correlation. Regression Analysis – Meaning and Importance – Regression
Equations

UNIT - II
Time Series Analysis – Meaning, Need and Components of Time Series –
Different Methods – Simple Average Method – Free Hand, Semi Average,
Moving Average and Least Square Method – Seasonal Indices.

UNIT - III
Index Numbers – Definition, Usage, Methods of Construction of Index Numbers –
Types - Unweighted and Weighted Index Number- Simple, Aggregate, Price
Relative Method.

UNIT - IV
Laspeyre’s, Paasche's, Bowley's and Fisher's Index Numbers – Time and Factor
Reversal Tests – Cost of Living Index

UNIT - V
Interpolation and Extrapolation – Definition and Uses – Newton’s, Lagrange and
Binomial Expansion Methods

REFERENCE BOOKS:
1. S.P. Gupta – Elements of Statistical Methods
2. B.N. Gupta – Business Statistics
3. Asthana – Elements of Statistics
4. R.S.N. Pillai and V. Bhagavathi – Statistics
5. P.R. Vittal – Business Statistics
 THIRD YEAR
FIFTH SEMESTER

CORE: 9 COST ACCOUNTING

CORE: 10 INCOME TAX LAW AND PRACTICE I

CORE: 11BANKING THEORY LAW AND PRACTICE

MBE: 1 COMMERCIAL LAW

MBE: 2 CORPORATE FINANCE

SIXTH SEMESTER

CORE: 12 MANAGEMENT ACCOUNTING

CORE: 13 INCOME TAX LAW AND PRACTICE II

CORE: 14 INDUSTRIAL LAW

MBE: 3 FINANCIAL SERVICES

MBE: 4 INSTITUTIONAL TRAINING

 THIRD YEAR - SEMESTER - V

CORE 9 - COST ACCOUNTING

Credits - 5
Marks-75

Objective:
To provide the basic knowledge of various techniques and methods of
Cost Accounting

UNIT - I
Cost Accounting: Definition, Meaning and Objectives - Advantages and
Importance - Distinction between Cost and Financial Accounting - Elements of
Cost and Preparation of Cost Sheets and Tenders.

UNIT - II
Materials: Stores Records - Purchase Order - Goods Received Note - Bin Card.
Stores Ledger - Inventory Control - ABC Analysis - Economic Ordering Quantity
- Maximum, Minimum and Reordering Levels - Methods of Pricing of Issues -
Perpetual Inventory System.

UNIT - III
Labour: Importance of Labour Cost Control - Various Methods of Wage Payments
- Calculation of Wages - Methods of Incentive (Bonus) Schemes - Recording
Labour time - Treatment of "Over Time" and "Idle Time". Labour Turnover
(L. T .O)

UNIT - IV
Overheads: (Factory, Administration, Selling and Distribution) - Definition and
Meaning of Overheads - Classification - Apportionment of Overheads -
Redistribution (Secondary Distribution) - Absorption of Overheads including
"Machine Hour Rate".

UNIT - V
Methods of Cost Accounting: Unit Costing - Job Costing - Process Costing
(excluding Inter Process Profit, Equivalent Production, Joint & By-Product
costing) - Operation and Operating Costing.

REFERENCE BOOKS:
1. S.N. Maheshwari - Cost and Management Accounts
2. Jain and Narang - Cost and Management Accounts
3. R.S.N. Pillai & Bagavathi - Cost Accounts
4. S.P. Iyengar - Cost Accounting
5. T.S. Reddy & A. Murthy - Cost Accounting

Note: The proportion between Theory and problems – 20 : 80

 CORE 10 – INCOME TAX LAW AND PRACTICE –I

Credits - 5
Marks-75

Objective:
To provide an understanding of the Provisions and Practice with
regard to Income Tax Laws

UNIT I
Income Tax Act, 1961 – Current Finance Act – Definitions – Agricultural Income
– Assessee – Assessment year – Income – Person – Previous year – Residential
Status and Incidence of tax – Exempted Incomes.

UNIT II
Income under the Head Salaries – Definition – Features – Allowances –
Perquisites – Provident Funds – Profits in Lieu of Salary – Deductions – Tax
Rebate – Computation of Salary income.

UNIT III
Income from House property – Annual Value – Determination – Let-out Houses –
Self Occupied Houses – Computation of Income from House Property.

UNIT IV
Profits and Gains of Business or Profession – Definitions – Chargeability –
Admissible Deductions – Inadmissible Expenses – Computation of Business
Income (Excluding Firms and Companies) – Computation of Professional
Income.

UNIT V
Income Tax Authorities and their Powers – Permanent Account Number (PAN)

REFERENCE BOOKS:
1. Income Tax Law and Practice – V.P. Gaur & D.B. Narang
2. Law and Practice of Income Tax in India – Dr. Bhagavati Prasad
3. Law and Practice of Income Tax – Dinkar Pagare
4. Vinod K Singhania – Students Guide to Income Tax
5. Income Tax Theory Law and Practice – T.S. Reddy & Y. Hari Prasad Reddy

Note: The proportion between Theory and problems – 20 : 80

 CORE 11 - BANKING THEORY, LAW AND PRACTICE

Credits - 5
Marks-75

Objective:
To impart knowledge about the various practical aspects of Banking.

UNIT I
Origin of Banks. - Banking Regulation Act, 1949 (Definition of Banking,
Licensing, Opening of Branches, Functions of Banks, Inspection) - Role of Banks
and Economic Development - Central Banking and Role of RBI and their
Functions.

UNIT II
Commercial Banks - Functions - Accepting Deposits - Lending of Funds,
E-Banking - ATM Debit Cards – Credit Cards - Personal Identification Number -
Online enquiry and update facility - Electronic Fund Transfer - Electronic
Clearing System.

UNIT III
Opening of an Account - Types of Deposit Account - Types of Customers
(Individuals, Firms, Trusts and Companies) - Importance of Customer
Relations - Customer Grievances and Redressal - Ombudsman.

UNIT IV
Principles of Lending - Types of Borrowings - Precautions to be taken by a
Banker.

UNIT V
Negotiable Instruments - Promissory Note - Bills of Exchange, Cheque, Draft -
Definitions, Features - Crossing - Endorsement. Material Alteration - Paying
Banker - Rights and Duties - Statutory Protection - Dishonour of Cheques - Role
of Collecting Banker.

REFERENCE BOOKS:
1. Sundaram and Varshney - Banking Law Theory and Practice Sultan Chand Co.
2. S.N. Maheswari - Banking Law Theory and Practice - Kalyani Publications
3. Tandon - Banking Law Theory and Practice
4. Sherlaker & Sherlaker - Banking Law Theory and Practice
5. Santhanam - Banking and Financial Systems - (Margham Publishers)
 MBE- 1- COMMERCIAL LAW
Credits - 4
Marks-75

Objective:
To acquire knowledge regarding the various provisions of Commercial
Laws.

UNIT - I
Meaning of Law - Sources of Law - Classification of Contracts, Express and
Implied. Valid, Void and Voidable Contracts - Executed and Executory Contracts
- Unilateral and Bilateral Contracts.

UNIT - II
Structure and Formation of Contract. Essential Elements of Contract - Consensus-
ad - idem - Offer and Acceptance - Lawful Consideration - Capacity of Parties -
Free Consent - Mistake - Misrepresentation, Fraud, Coercion and Undue
Influence - Lawful Object - Discharge of Contracts - Remedies for Breach of
Contracts.

UNIT - III
Bailment: Meaning – Definition – Classification of Bailment – Essential Elements
of Bailment – Duties of the Bailor and Bailee - Termination of Bailment.
Pledge – Definition – Distinction between Bailment and Pledge – Rights of
Pawnee and Pawnor.

UNIT - IV
Contract of Agency, 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.

UNIT - V
Law of Sale of Goods - Definition - Sale and Agreement to sell - Sale and Hire
Purchase - Conditions and Warranties - Duties and Rights of Buyer and Seller

REFERENCE BOOKS:
1. N.D. Kapoor - Mercantile Law
2. Avtar Singh - Mercantile Law
3. M.C. Shukla - Mercantile Law
4. M.R. Srinivasan – Business Law
5. Relevant Bare Acts
 MBE– 2 – CORPORATE FINANCE
Credits - 4
Marks-75
Objective:
To impart knowledge about Corporate Financial Management.

UNIT - I
Finance Functions – Definition, Scope and Importance – Role of Financial
Manager.

UNIT - II
Cost of Capital – Meaning and Significance – Measurement of Cost of Capital
(Simple Problems Only)

UNIT - III
Capital Structure: Concepts – Optimum Capital Structure – Factors Influencing
Capital Structure – Theories in Capital Structure (Net Income, Net Operating
Income, Traditional and MM Theories) (Simple Problems Only)

UNIT - IV
Management of Working Capital: Gross and Net Working Capital Concepts –
Importance – Adequacy of Working Capital –Determinants of Working Capital.
(Simple Problems Only)

UNIT - V
Venture Capital, Mutual Funds, Leasing, Factoring. (Theory Only)

REFERENCE BOOKS:

1. Pandey I.M - Financial Management

2. Khan & Jain – Financial Management
3. Maheswari S.N – Financial Management
4. Van horned – Financial Management
5. Khan M.Y – Financial Services

Note: The proportion between Theory and problems – 60 : 40

 THIRD YEAR - SEMESTER - VI

CORE 12- MANAGEMENT ACCOUNTING

Credits - 5
Marks-75
Objective:
To Provide Knowledge about the Techniques and Methods of
Management Accounting.

UNIT - I
Management Accounting - Meaning, Scope, Importance and Limitations -
Management Accounting Vs Cost Accounting - Management Accounting Vs.
Financial Accounting.

UNIT - II
Analysis and Interpretations of Financial Statements - Nature, Objectives, and
Tools - Methods - Comparative Statements, Common Size statement and Trend
Analysis.

UNIT - III
Ratio Analysis - Interpretation, Benefits and Limitations - Classification of Ratios
– Liquidity- Profitability- Turnover - Capital Structure and Leverage.

UNIT - IV
Funds Flow and Cash Flow Statements (As per AS3) - Budgets and Budgetary
Control - Meaning, Objectives, Merits and Demerits - Types of Budgets -
Production, Cash and Flexible Budgets.

UNIT - V
Marginal Costing (Excluding Decision Making) Absorption Costing and
Marginal Costing – Cost Volume Profit Analysis - Break Even Analysis - Break
Even Chart.

REFERENCE BOOKS:
1. Dr. Maheswari S.N. - Management Accounting
2. Manmohan & Goyal - Management Accounting
3. Khan & Jain – Management Accounting
4. Hansen / Mowen - Cost Management Accounting and Control
5. Reddy & Hari Prasad Reddy - Management Accounting

Note: The proportion between Theory and problems – 20 : 80

This paper is common to B.Com (C.S) and B.Sc (I.S.M)

 CORE 13 - INCOME TAX LAW AND PRACTICE –II

Credits - 5
Marks-75
Objective:
To provide an understanding of the Provisions and Practice with
regard to Income Tax Laws.

UNIT - I
Capital Gains - Definition of Capital Assets - Kinds - Exempted Capital Gains -
Computation of Capital Gains (Simple Problems).

UNIT - II
Income from Other Sources - Income Chargeable to Tax - Deductions – Bond
Washing Transactions - Computation of Income from Other Sources

UNIT - III
Aggregation of Income – Deemed Incomes – Set- off and Carry forward of Losses
– Deductions from Gross Total Income.

UNIT - IV
Assessment of Individuals – Computation of Total Income and Tax Liability

UNIT- V
Procedure for Assessment – Types of Assessment – Filing of Return – Advance
Payment of Tax – Deduction of Tax at Source.

REFERENCE BOOKS:
1. Income Tax Law and Practice – V.P. Gaur & D.B. Narang
2. Law and Practice of Income Tax in India – Dr. Bhagavati Prasad
3. Law and Practice of Income Tax – Dinkar Pagare
4. Students Guide to Income Tax – Vinod K Singhania
5. Income Tax Theory Law and Practice – T.S. Reddy & Y. Hari Prasad Reddy

Note: The proportion between Theory and problems – 20 : 80

 CORE 14 - INDUSTRIAL LAW
Credits - 5
Marks-75
Objective:
To provide knowledge of Industrial Laws

UNIT - I
FACTORIES ACT, 1948: Definitions - Health - Safety - Welfare - Working
Hours of Adults. Employment of Women - Employment of Young persons -
Leave with Wages.

UNIT - II
THE PAYMENT OF WAGES ACT, 1936: Definitions - Responsibilities for
Payment - Wage Periods - Time of Payment - Deductions - Claims for Wrongful
Deductions.

UNIT – III
MINIMUM WAGES ACT, 1948: Interpretation - Fixing Minimum Rates of
Wages - Minimum Rate of Wages - Procedures for Fixing - Committee and
Advisory Boards - Payment of Minimum Wages - Register and Records -
Inspectors - Claims- Penalties and Procedures.

UNIT - IV
THE INDUSTRIAL DISPUTES ACT, 1947: Definitions - Authorities under the
Act - Reference of Disputes - Procedures and Powers of Authorities - Strike and
Lockout – Lay-off - Retrenchment - Special Provision relating to Lay-off -
Retrenchment and Closure.

UNIT - V
Workman’s Compensation Act 1923 – Scope - Definitions – Rules Regarding
Workman’s Compensation.

REFERENCE BOOKS:
1. N.D. Kapoor - Industrial Law
2. Avtar Singh - Mercantile Law
3. M.C. Shukla - Mercantile Law
4. P.C. Tripathi - Industrial Law .
5. Dr. M. R. Sreenivasan & C.D. Balaji - Industrial Law
 MBE – 3 – FINANCIAL SERVICES
Credits - 4
Marks-75
Objective:
To impart Knowledge about the Techniques of Financial Sector.

UNIT - I
Financial Services – Concept – Objectives - Functions – Characteristics –
Financial Services Market Constituents – Growth of Merchant Banking Services
in India.

UNIT - II
Merchant Banking – Issue Management – Underwriting – Portfolio Management –
Project Appraisal – Corporate Counselling – Mergers Amalgamations and
Takeovers and other Functions of Merchant Banking

UNIT - III
Capital Market Evolution and Growth – Characteristics – Participants – Functions
– National Clearance and Depository System – National Securities Depositories
Limited.

UNIT – IV
Stock Exchange – Genesis and Origin – Concept – Features of Stock Exchange

UNIT - V
Securities and Exchange Board of India – Genesis – Objectives – Powers and
Functions – Role and Relevance.

REFERENCE BOOKS:
1. Dr. S. Guruswamy – Financial Services
2. M.Y Khan Financial Services
3. Ramesh Babu - Financial Services in India
 MBE – 4 - INSTITUTIONAL TRAINING
Credits - 4

Objective:
To give practical exposure regarding the Secretarial Functions relating
to a Corporate Organisation.

Supervised Institutional Training shall be an integral part of the Course. It

is to be a sort of job testing programme to bridge the gap between theory and
practice. It is designed to create a natural interest in the practical aspects of the
Company Secretaryship.

The training should be given under the joint supervision and guidance of
the Training Officer of the Institution and Faculty member of Corporate
Secretaryship of the college. The details of the training given and the assessment
of each student in that regard should be fully documented.

The duration of the training shall be for a period of 30 days during the third
year. The training shall broadly relate to (a) Office Management (b) Secretarial
Practice.
The training relating to Office Management may be designed to acquaint
the trainees with:
1. Company's activities, organization structure, departments and authority
relationship.
2. Study of layout, working conditions, office maintenance, safety and
sanitary conditions.
3. Study of the Secretarial service, communication, equipments, postal and
mailing services and equipments.
4. Acquaintance with office machines and equipments and accounting,
machines.
5. Acquaintance with filing department, sales, purchases, Sales Accounts,
Salary, Administration and Personnel departments.

The training pertaining to Secretarial Practice shall be on all aspects of the

functions of a corporate secretary.

The following types of organizations may be selected for the training:

1. Public Limited Companies (Both Industrial and Commercial).
2. Statutory Bodies, Public Enterprises and Public Utilities like L.I.C,
Electricity Board, Housing Board and Chambers of Commerce,
Cooperative Societies and Banks.
3. Office Equipment Marketing Organizations.
NOTE:

The paper on Institutional Training shall carry 100 marks. Internal and
External Viva-Voce shall be based on the report submitted by the candidate, under
the guidance of the faculty member of the department.

The report shall be around 50 typed pages, excluding tables, figures,

bibliographies and appendices. A candidate failing to secure the minimum for a
pass (40%) shall be required to resubmit this report to the department.

The external examiner and the internal examiner should jointly conduct
Viva-Voce and evaluate the report. The maximum marks for the project report will
be 75 and 25 for the viva-voce.
 THE NEW COLLEGE (AUTONOMOUS)

DEPARTMENT OF CORPORATE SECRETARYSHIP

QUESTION PAPER PATTERN

FOR ACCOUNTING, BUSINESS STATISTICS AND INCOME TAX SUBJECTS

SECTION A

ANSWER ANY FIVE QUESTIONS (5 OUT OF 8) 5 X 6 = 30 Marks

(2 THEORY & 6 PROBLEMS)

Q. No 1 & 2 Theory

Q. No 3 to 8 Problems.

SECTION B

ANSWER ALL THE QUESTIONS 3 X 15 = 45 Marks

9 (a) Theory
(or)
(b) Problem

10 (a) Problem
(or)
(b) Problem

11 (a) Problem
(or)
(b) Problem

TOTAL 75 Marks

Note: The proportion between Theory and Problems – 20 : 80

 THE NEW COLLEGE (AUTONOMOUS)

DEPARTMENT OF CORPORATE SECRETARYSHIP

QUESTION PAPER PATTERN FOR CORPORATE FINANCE

SECTION A

Q. No 1 to 10 – All Theory 10 X 2 = 20 Marks

SECTION B

Q. No 11 to 18 – 5 Theory & 3 Problems 5 X 5 = 25 Marks

SECTION C 3 X 10 = 30 MARKS

ANSWER ALL THE QUESTIONS

19 (a) Theory
(or)
(b) Problem
20 (a) Theory
(or)
(b) Problem
21 (a) Theory
(or)
(b) Problem
TOTAL 75 Marks

Note: The proportion between Theory and Problems – 60 : 40