BACHELOR OF COMMERCE (B.COM-II) COURSE INPUT DETAILS GROUP-A: PAPER-I COMPANY LAW OBJECTIVE The objective of this course is to provide basic knowledge of the provisions of the Companies Act. 1956, along with relevant case law. COURSE INPUTS The Companies Act, excluding provisions relating to accounts and audit sections, managing agents and secretaries and treasurers Sections 324 - 388E, arbitration, compromises, arrangements and reconstructions-sections 389-396).
UNIT I Corporate personality; Kinds of companies
UNIT II Promotion on and incorporation of companies
UNIT III Memorandum of Association; Articles of Association; Prospectus.
UNIT IV Shares; sharecapital; Members; Share capital-transfer and transmission.
UNIT V Capital management -borrowing powers, mortgages and charges, debentures.
UNIT VI Directors -Managing Director, whole time director.
UNIT VII Company meetings -kinds, quorum, voting, resolutions, minutes.
UNIT VIII Majority powers and minority rights; Prevention of oppression and mismanagement.
UNIT IX Winding up-kinds and conduct Suggested Readings
1. Gower L.C.B: Principles of Modern Company Law; Stevens & Sons, London.
2. Ramaiya A.: Guide to the Companies Act; Wadhwa & Co. Nagpur.
3. Singh Avtar: Company Law; Eastern Book Co., Lucknow.
4. Kuchal M.C.: Modern India Company Law; Shri Mahavir Books, Noida.
5. Kapoor N.D.: Company Law -Incorporating the Provisions of the Companies Amendment Act, 2000; Sultan Chand & Sons, New Delhi
6. Bagrial A.K.: Company Law; Vikas Publishing House, New Delhi.
GROUP-A: PAPER-II COST ACCOUNTING OBJECTIVE This course exposes the students to the basic concepts and the tools used in cost accounting.
COURSE INPUTS UNIT I Introduction: Nature and scope of cost accounting; Cost concepts and classification; Methods and techniques; Installation of costing system; Concept of cost audit.
UNIT II Accounting for Material: Material control; Concept and techniques; Pricing of material issues; Treatment of material losses.
UNIT III Accounting for Labour: Labour cost control procedure; Labour turnover; Idle time and overtime; Methods of wage payment - time and piece rates; Incentive schemes.
UNIT IV Accounting for Overheads: Classification and departmentalization; Absorption of overheads; Determination of overhead rates; Under and over absorption, and its treatment.
UNIT V Cost Ascertainment: Unit costing; Job, batch and contract costing; Operating costing; Process costing - excluding inter-process profits, and joint and by-products.
UNIT VI Cost Records: Integral and non-integral system; Reconciliation of cost and financial accounts. Suggested Readings
1. Arora M.N: Cost Accounting-Principles and Practice; Vikas, New Delhi.
2. Jain S.P. and Narang K.L: Cost Accounting; Kalyani New Delhi.
3. Anthony Robert, Reece, et at: Principles of Management Accounting; Richard D. Irwin Inc. Illinois.
4. Horngren, Charles, Foster and Datar: Cost Accounting - A Managerial Emphasis; Prentice-Hall of India, New Delhi.
5. Khan M.Y and Jain P.K: Management Accounting; Tata McGraw Hill.
6. Kaplan R.S.and Atkinson A.A.: Advanced Management Accounting; Prentice India International.
7. Tulsian P.C; Practical Costing: Vikas, New Delhi.
8. Maheshwari S.N: Advanced Problems and Solutions in Cost Accounting; Sultan Chand, New Delhi.
9. Jha B.K.: Cost Accounting, Kedar Nath Ram Nath, Meerut.
GROUP-B: PAPER-III PRINCIPLES OF BUSINESS MANAGEMENT OBJECTIVE This course familiarizes the students with the basics of principles of management COURSE INPUTS UNIT I Introduction: Concept, nature, process, and significance of management; Managerial roles (Mintzberg); An overview of functional areas of management; Development of management thought; Classical and neo-classical systems; Contingency approaches. UNIT II Planning: Concept, process, and types. Decision making - concept and process; Bounded rationality; Management by objectives; Corporate planning; Environment analysis and diagnosis; Strategy formulation.
UNIT III Organizing: Concept, nature, process, and significance; Authority and responsibility relationships; Centralization and decentralization; Departmentation; Organization structure -forms and contingency factors.
UNIT IV Motivating and Leading People at Work: Motivation -concept; Theories -Maslow, Herzberg, McGregor, and Ouchi; Financial and non-financial incentives.
Leadership - concept and leadership styles; Leadership theories (Tannenbaum and Schmidt.); Likerts System Management; Communication -nature, process, networks, and barriers; Effective communication.
UNIT V Managerial Control: Concept and process; Effective control system; Techniques of control -traditional and modern. UNIT VI Management of Change: Concept, nature, and process of planned change; Resistance to change; Emerging horizons of management in a changing environment.
1. Drucker Peter F: Management Challenges for the 21st Century; Butterworth Heinemann, Oxford.
2. Weihrich and Koontz, et al: Essentials of Management; Tata McGraw Hill, New Delhi.
3. Fred Luthans: Organizational Behaviour; McGraw Hill, New York.
4. Louis A. Allen: Management and Organisation; McGraw Hill, Tokyo.
5. Ansoff H.I: Corporate Strategy; McGraw Hill, New York.
6. Hampton, David R: Modern Management; McGraw Hill, New York.
7. Stoner and Freeman: Management; Prentice-Hall, New Delhi.
8. Maslow Abraham: Motivation and Personality; Harper & Row, New York, 1954.
9. Hersey Paul and Blanchard Kenneth: Management of Organizational Behaviour - Utilizing the Human Resources; Prentice Hall of India, New Delhi. 10. Ibancevish J.M. and Matleson M.T: Organizational Behaviour & Management; Irwin Homewood, Illinois.