APPENDIX H TO A.S.

ITEM NO B-10
SRI VENKATESWARA UNIVERSITY:: TIRUPATI
S.V.U.COLLEGE OF COMMERCE, MANAGEMENT AND COMPUTER SCIENCE
M.COM (Accounting & Finance) Degree Course
CHOICE BASED CREDIT SYSTEM (CBCS)
REVISED SCHEME OF INSTRUCTIONS AND EXAMINATIONS
(Effective from the batch students admitted from the academic year 2013-14)

Sem Course Title of the Course Core/ No. of. Exam. IA SE Total
code E
Electiv Credit Duration Mark
e s s
Hrs

M.Com(A&F)101 Business Management core 4 3 30 70 100

M.Com(A&F)102 Business Environment and core 4 3 30 70 100

Policy
I
M.Com(A&F)103 Managerial Economics Core 4 3 30 70 100

M.Com(A&F)104 Corporate Financial Accounting Core 4 3 30 70 100

M.Com(A&F)105 Quantitative Techniques & SPPS Core 4 3 30 70 100

M.Com(A&F)201 Marketing Management core 4 3 30 70 100

M.Com(A&F)202 Financial Management core 4 3 30 70 100

II M.Com(A&F)203 Computer Applications in Core 4 3 30 70 100

Business

M.Com(A&F)204 Human Resource Management Core 4 3 30 70 100

M.Com(A&F)205 Computer Applications in Core 4 3 30 70 100

Business

M.Com(A&F)301 Financial Markets and core 4 3 30 70 100

Institutions
III
M.Com(A&F)302 Financial Services core 4 3 30 70 100

M.Com(A&F)303 Corporate Tax Planning and Core 4 3 30 70 100

Management

M.Com(A&F)304 Financial Derivatives Core 4 3 30 70 100

1
 M.Com(A&F)305 Accounting for Managerial Core 4 3 30 70 100
Decisions

M.Com(A&F)401 Strategic Financial Management core 4 3 30 70 100

IV M.Com(A&F)402 International Accounting core 4 3 30 70 100

M.Com(A&F)403 International Financial Core 4 3 30 70 100

Management

M.Com(A&F)404 Security Analysis and Portfolio Core 4 3 30 70 100

Management

M.Com(A&F)405 * Project Report and Viva-Voce Core 4 -- -- 70 100

100 Marks For Project Report And Viva-Voce

Note:
1. There will be semester and examination for 70 marks and internal Assessment for 30 marks for each
paper.
2. Teachers are advised to guide the students properly for carrying outand preparation of project report.
Further it is advised to make the
students to involve in the Seminars in the class on the appropriate topic in the subject.
3. The regulations applicable to CBCS which are in vogue are applicable
to this course also.
4. The syllabus was revised and designed keeping in view the NET/SLET
Exams. SEE Semester and Exam Marks, IE-Internal Exam Marks.

2
 REVISED SYLLABUS
(Effective from the batch students admitted from the academic year 2013-14)

M.Com (A&F) 101 – BUSINESS MANAGEMENT

UNIT- I Concept of management – Nature, Scope, Principles and Importance -
Evolution of management thought – Management process in a dynamic
Business environment.

UNIT- II Functions of management – planning – Objectives – Types – Planning Process –

Strategies – Importance – Decision making – types of decisions – significance –
Organizing – organizational structures – Formal and informal organizations –
Staffing – controlling – objectives – techniques.

UNIT-III Organizational Behaviour - nature – scope – significance – OB models –

Foundations of individual behavior – personality – theories – Motivation –
Types – importance – theories of motivation.

UNIT-IV Foundations of group behavior – Types of Groups – Formation of Group –

Group cohesiveness – Committees – Types - Communications – Leadership - Styles-
Theories of leadership.

UNIT- V Organizational dynamics – Organizational change and development –

Organizational culture – cultural adjustment – Managerial response –
Corporate Governance – Business ethics – Social responsibilities of business

REFERENCE BOOKS:

1. Aswathappa, K.Organisational Behaviour: Text, cases and games,

Himalaya Publishing House, New Delhi.
2. Chandan, Organisation Behaviour, Vikas Publishing House, New Delhi.
3. Fred Luthans, organizational Behaviour, Tata Mc Grow Hill Publishing House, New Delhi.
4. Sharma, R.K., Shashi, K.Gupta, Business Organisation and Management,
Kalyani Publishers, New Delhi.
5. Sherlekar, S.A., Management (Value – oriented Holistic Approach). Himalaya Publishing House, New
Delhi.
6. Stephen P.Robbins, organizational Behavior, Prentice – Mall of India (P) Ltd. New Delhi.

3
 M.Com (A&F) 102 – BUSINESS ENVIRONMENT AND POLICY

UNIT- I Business Environment – nature scope objectives – significance of business

Environment – Types of environments – Environmental Scanning –Environmental
Analysis -Techniques – approaches to environmental analysis – Changing dimensions
of business environment.

UNIT- II Economic environment of business -Nature and Elements of economic environment-

Basic economic systems - Economic planning in India - Fiscal Policy- Monetary policy-
Economic reforms.

UNIT-III Political and Legal environment of business:Political Institute – legislature – Executive-

Judiciary- Government and business-State intervention control systems – Regulatory
framework control of economic activity – Consequences of controls.

UNIT-IV Socio – Cultural environment – nature and objectives – Ethics of business – Cultural
Diversities – cross culture – Management Response – Business participation in cultural
affairs – Social responsibilities of business – Corporate governance in India.

UNIT-V Technological environment – Features of technology – problems – Management of

Technology in Indian Policy towards Science and technology – in India MNC Benefits –
Problems – Globalisation – Emerging Issues.

REFERENCE BOOKS:

1. Aswathappa, K. Essentials of Business Enviornment, Himalaya Publishing House, New Delhi. and
benefits of MNCs – Challenges of International business
2. Francis Cherunllam, Business Environment, Himalaya Publishing House, New Delhi.
3. Kohll.S.L.and Resutra N.K.Business Environment, Kalyani Publisher, New Delhi 2005.
Misra.S.K. and V.K.Puri, Indian Economy, Himalaya Publishing House, New Delhi
4. Sharma, R.K., Shashi, K.Gupta, Business Organisation and Management,
Kalyani Publishers, New Delhi 2008
5. Agrawal.A.N.Indian Economy:Problems of Development and Planning New Age Publications, New
Delhi,2008
6. Misra.S.K.and V.KPuri, Enconomic Environment of Business , Himalaya Publishing House, New Delhi
7. Raj Agrawal, Business Environment, Excel Books, New Delhi, 2008

4
 M.Com (A&F) 103 – MANAGERIAL ECONOMICS

UNIT- I Introduction : Meaning and definition of Managerial Economic Principles and Scope
of ME – Characteristics – Uses of ME – R and responsibilities of a managerial
economist.

UNIT-II Demand forecasting: Nature and scope of forecasting objectives – Methods of

demand forecasting – Opinion Polling and statistical methods – Criteria for
forecasting methods -forecasting demand for new products.

UNIT-III Cost analysis: Cost concepts and classification- Cost output relationship in short run
and long run – Economics of scale - Cost function – Cost control and cost reduction.

UNIT-IV Production analysis: Basic concepts and types – Law of variable proportions –factors
of Production and returns to scale-Cobb- Douglas production function opportunities
for multiple products –Policy on adding new products and dropping old products.

UNIT-V Nature of profits: Different views of profits – Profit functions – Measurement of

Profit – Policies on profit maximization – Profit planning – Managerial uses of break
even analysis.

REFERENCE BOOKS:

1. Joel Dean, Managerial Economics, Prentice Hall Ltd., India

2. Varshiney & Maheswari, Managerial Economics, Sultan Chand & Co.,
3. Mehtha P.L. Managerial Economics, Sultan Chand & Co.,
4. Dwivedi D.N.Managerial Economics, Himalaya Publishing House, New Delhi
5. Mote, Paul& Gupta, Managerial Economics, Tata Mc Graw Hill Ltd

5
 M.Com (A&F) 104 – CORPORATE FINANCIAL ACCOUNTING

UNIT I Accounting as an information system: Accounting-users of accounting information

- GAAP accounting environment – Fields of accounting activity – Ethical issues in
accounting – Role of computers in accounting (Theory only).

UNIT- II Valuation of goodwill: Factors affecting goodwill-Types of goodwill- Need for goodwill
valuation – Methods of goodwill valuation – Average method – Super profit method-
annuity method (Theory and Problems)

UNIT-III Inflation accounting: Meaning- Need and scope -Price level changes and financial
Statements-Approaches to price level Accounting -current purchasing power
Accounting – Current Cost Accounting – Merits and demerits (Theory and problems)

UNIT-IV Holding Company accounts: Meaning and definition of holding company and
subsidiary company -pre-acquisition and post acquisition of profits - Goodwill or
capital reserve-Minority interest-Cross holdings-Chain holding- preparation of
consolidated Balance Sheet (Theory and Problems)

UNIT-V Lease accounting: Definitions of lease-Features of lease accounting - advantages

and disadvantages of Lease - Lease distinguished from other modes of acquisition
- Financial Lease-Operating lease- Accounting for financial lease in the books of Lesser
and Lessee – Sale and lease back (Theory and Problems)

REFERENCE BOOKS:
1. Battacharya S.K., John Dearden, Accounting for Management: Vikas Publishing House Ltd., New
Delhi.
2. Jain and Narang: Advanced Accountancy, Kalyani Publishers, New Delhi.
3. Gupta R.L., and M.Radhswamy, Advanced Accountancy, Chand Sons, New Delhi
4. Financial Accounting - A dynamic approach B.K.Banerjee, Prince Hall India Pvt Ltd,
New Delhi
5. Shukla and Grewal, Advanced Accounts, S.Chand and Co., New Delhi
6. Narayana Swamy, R.Financial Accounting of Managerial perspective printice Hall India Pvt Ltd., New
Delhi
7. Maheswari S.N., Corporate Financial Accounting
8. Financial Accounting for management, N.Ramachandran and Ramkumar Kakani,
Tata Mc Grahill Company, New Delhi.
9. Accounting and Finance for Manager, Nithin Balwani, Excel Books, New Delhi.

6
 M.Com (A&F) 105 – QUANTITATIVE TECHNIQUES AND SPSS

UNIT- I INTRODUCTION AND PROBABILITY: Meaning and Classification of Quantitative

Techniques -Role and limitations of quantitative techniques in business - forecasting
- Basic concepts probability – Binomial, Poisson and normal distribution- Properties
of normal distribution and its role in hypothesis testing (Theory and Problems)

UNIT- II SAMPLING: Concept -Probability and Non-Probability sampling - Sampling errors -Test
of hypothesis: Formulation of hypothesis procedure for testing the hypothesis-Test of
significance for small, large samples – Computation of z-test and Chi-square test
- Computation of z-test, t-test and X2 –test through SPSS (Theory and Problems)

UNIT-III ANOVA AND CORRELATION: Characteristic and computation of one-way ANOVA and
two-way ANOVA (F-test)- Applications and limitations of ANOVA One-way Vs. Two- way
ANOVA- Partial correlations (r ) multiple correlation ( R )- Partial Vs Multiple correlation-
Application and limitations of correlation – Computation of ANOVA and correlation through SPSS
(theory and Problems)

UNIT-IV OPERATIONS RESEARACH AND LINEAR PROGRAMMING: Concept Methodology, and

applications of operations research – Linear programming: Mathematical formulation
- Graphical solution simple method – Duality in LPP (theory and problems)

UNIT-V TRANSPORTATION AND ASSIGNMENT PROBLEMS: Transporation problem:

Mathematical formulation- Initial basic feasible solution through North-West Corner
method, Least Cost Method, and Voice approximation method- Assignment Problems:
Mathematical formulation and solution (theory& Problems)
Lab Exercises in SPSS include:Computation of normality tests, reliability tests, Z-test,
t-test, X2- test and ANOVA

REFERENCE BOOKS:
1. Gupta S.P., Statistical Methods: Sultan Chand & Sons, New Delhi.
2. Kanti Swarup, Gupta P.K., and Man Mohan, Operations Research, Sultan Chand & Sons, New Delhi.
3. Kothari C.R., Quantitative Techniques, Vikas Publishing House Pvt.Ltd, New Delhi
4. Darren George and Paul Mallery, SPSS for Windows – Step by Step, Pearson Education,
New Delhi
5. Tulsian P.C. and Vishal Pandy, Quantitative Techniques – Theory and Problems, Pearson Education, New
Delhi.
6. Anand Sharma,Quantitative Techniques, Himalaya Publishing House, New Delhi.

7
 M.Com (A&F) 201 – MARKETING MANAGEMENT

UNIT - I Introduction: Evolution of Marketing concept; Nature and scope of marketing; 4ps
of marketing mix; Marketing environment; Consumer behavior; Models of Consumer
Behavior; buying motives; Types of buying behavior; Factors influencing buyer
Behavior: bases for market segmentation: e-marketing technologies.

UNIT- II Product mix: Classification of products- New product development process – Product
mix and product line decisions- Branding and packaging strategies – Product life cycle
(PLC): Price mix:Price objectives: Factors influencing pricing policies: various pricing
policies.

UNIT-III Place mix: Functions of channels; Channel selection: Supply chain management:
Promoting mix; Development of effective communication – selection of advertising
media and agency- Purposes and tools of sales promotion – Purposes and principles
of personal selling – Public relations – E-CRM.

UNIT-IV Marketing information System (MIS): Components of MIS- Internal records system,
Marketing research system,marketing decision support system: Importance and scope
of marketing research system: Marketing research process; Profile of marketing
research in India; Marketing research agencies India.

UNIT-V Services Marketing: Features of services – GoodsVsServices marketing – 7ps of

Marketing mix – Marketing triangle of services marketing –GAP model of services
Quality – Strategies for service marketing.

REFERENCE BOOKS:

1. Philip Kotler: Marketing Management – Analysis, Planning, implementation, and control, Prentice Hall of
India, New Delhi.

2. Ramaswamy, V.S: and Namakumari: Marketing Management – planning implementation and control, Mc
Millan India Ltd., New Delhi.

3. Govindharajan, Marketing Management, PHI, New Delhi.

4. Gandhi, J.C., Marketing – A managerial introduction, Tata Mc Graw Hill, New Delhi

5. Panda, Marketing Management, Excel Publications: New Delhi

6. Valarie A, Ziethami and Mary Jo Bitner, Services Marketing, Tata Mc Graw Hill, New Delhi

8
 M.Com (A&F) 202 – FINANCIAL MANAGEMENT

UNIT - I Introduction: Meaning of finance- Functions of financial objectives of financial

management- Profit Vs wealth maximization- Organization of finance function-
Role of the financial manager. (Theory only)

UNIT- II Capital Structure, Leverages and Cost of Capital: Theories capital structure - NI,NOI,
Traditional and MM Theories Operating and Financial Leverages- Computation of
Leverages Specific cost of capital-Determination of weighted averages of capital
(Theory and Problems)

UNIT-III Management of Working Capital: Concepts- Need for working capital-Operating cycle
-Estimation of working capital requirements – Management of cash, receivables and inventory
(Theory and Problems)

UNIT-IV Capital Budgeting: Concept – Signifcance – Process Techniques of capital budgeting –

payback period (PB), ARR, NPV, IRR and PI – Capital rationing. (Theory and Problmes)

UNIT-V Dividend Policy: Types of dividends- Factors influencing the dividend policy -Theories
of dividends – Waiter, Gordon and MM Hypothesis (Theory only)

REFERENCE BOOKS:

1. Pandy, I.M: Financial Management – Vikas Publishing House, New Delhi.

2. Sheeba Kapil, Financial Management, Pearson Education ,New Delhi.

3. Jonathan Berk Peter DeMarzo, Financial Management, Pearson Education,2008.

4. Chandrabose, Fundamentals of, Financial Management – PHI, New Delhi.

5. Khan and Jain: Financial Management, Tata Mc Graw Hill, New Delhi.

6. Maheswari, S.N.:Financial Management, Sultan Chand and Sons, New Delhi.

7. Kulakarni. P.V., Financial Management Himalaya Publishing Houses Co Ltd , Mumbai.

8. Van Horne: Financial Management and Policy, Prentice Hall of India, New Delhi.

9. Prasanna Chandra, Financial Management Tata Mc Graw Hill, New Delhi

10. Sheeba Kapil, Financial Management Strategy, Implementation and Control, Pragathi Prakasam
Publication, Meerut.

9
 M.Com (A&F) 203 – ADVANCED COST ACCOUNTING

UNIT- I Introduction – Cost concepts – Objectives, Advantages and limitations of cost

accounting - Cost Accounting Vs Finanacial Accounting and Cost Accounting Vs.
Management Accounting (Theory Only)

UNIT- II Process costing: Inter – Process profits – Quivalent production – By- products and
joint products (Theory and Problems)

UNIT-III Operating costing – Transport costing – Power house cosing – Hospital costing
(Theory and Problems)

UNIT-IV Reconcilliation of cost and financial accounts: Need for reconciliation – Reasons for
disagreement in Profit/loss methods of reconciliation ( Theory and Problems).

UNIT- V Activity based costing: Cocepts – Meaning – Definition and characteristics of ABC –
Different stages in ABC – ABC and cost drivers – Advantages of implementing ABC
(Theory and Problems).

REFERENCE BOOKS:

1. Jain S.P., AND K.L.Narang, Cost Accounting Principles and Practice Kalayani Publishers New Delhi.

2. Rathnam P.V., Rathanm,s costing advanced problems and solutions, Kitab Mahal Distributors.

3. Maheswari S.N., Advanced problems and solutions in cost accounting, Sultan Chand & Sons

4. Bhar B.K., Cost accounting methods and problems, Academic Publishers, Kolkota.

5. Pillai R.S.N., and V.Bhagavathi: Cost Accounting, Sultan Chand and Co.Ltd, New Delhi.

10
 M.Com (A&F) 204 – HUMAN RESOURCE MANAGEMENT

UNIT- I Acquisition of human resources : HRM Functions – Job analysis – Job designs - Human
resource information system – Recruitment and selection strategies – New employee
orientation.

UNIT- II Development of human resources: Performance appraisal system – Performance

appraisal and succession planning – career planning and development – Methods
of training – Methods of development – Measuring training effectiveness.

UNIT-III Rewarding human resources: Job evaluation methods – Incentive payments –

Executive compensation programs – Employee benefits and services.

UNIT-IV Maintenance of human resources: Job satisfaction – Discipline and employee rights –
Employee counseling – grievances settlement.

UNIT-V Integration of human resources: Types of forms of participative management – Quality

circles – Employee empowerment – Collective bargaining – quality of work life.

REFERENCE BOOKS:

1. David A, Decenzo., and Stephen P.Robbins, Human Resource Management, John Wiley and Sons. inc.,
New York

2. Gary Dessier, Human Resource Management, Pearson Education Pvt. Ltd., New Delhi.

3. Pravin Durai Human Resource Management Pearson Education., New Delhi.

4. Biswajeet Pattanayak, Human Resource Management rentice Hall of India Private Limited, New Delhi

5. Aswathappa K., Human Resource Management Personnel Management, Tata Mc Graw Hill Publishing
Company Limited, New Delhi

6. Subba Rao P., Essentials of Human Resource Management and Industrial Relations: Text cases and
Games, Himalaya Publishing House, Mumbai.

11
 M.Com (A&F) 205: COMPUTER APPLICATIONS IN BUSINESS

UNIT-I Tally: Features and importance of Tally – Tally Accounting – Components of gateway
of tally – Creation of a company – Creating, displaying and altering single or multiple
ledgers – Accounting vouchers – Display of financial statements - Printing of financial
statements, Inventory, VAT, TDS and pay roll receipts through Ms- Excel.

UNIT – II Tally Inventory: Inventory masters – Configuration – Creating displaying and altering
single and multiple stock groups – Stock categories- Units of measure-stock godowns
- Stock items and inventory vouchers – Display of inventory reports.

UNIT-III Tally VAT: Concept and classification – Configuration – Creation of ledgers – Voucher
entries for single and multi ledgers – VAT on imports and exports – VAT Computations
and reports.

UNIT-IV Tally TDS: Configuration – Creation of ledgers and vouchers for deductions, payments,
Deposits, and advances – TDS reports.

UNIT-V Pay Roll: Payroll process in Tally – Payroll information – Pay head creation – Calculation
types – Pay roll vouchers - Preparation of pay roll reports.

REFERENCE BOOKS:

1. Nadhani, A.K. and Nadhani, K.K. Implementing Tally 7.2 BPB Publication, New Delhi.

2. Kiran Kumar, K.Tally 9, Laasya Publishers, Hyderabad

3. Fire wall media, Tally 9.

4. Vishnu Priya Singh, tally 9, Computech Publications Ltd, New Delhi.

12
 M.Com. (A&F) 301: FINANCIAL MARKETS AND INSTITUTIONS
(With effect from the academic Year 2014-2015)

UNIT-I Financial system - structure - components - Functions - Growth and development –

Weaknesses – Role of financial system in Indian economic development – Financial
Sector reforms – Need and objectives.

UNIT-II Money market – Features – Objectives – Importance – Composition – Structure –

Instruments – Growth and development – Capital market – structure – instruments –
Recent developments – SEBI guidelines.

UNIT-III Primary and secondary markets – Functions – Organization and management of stock
Exchanges – Listing of securities – SEBI guidelines – Working of NSE, BSE and OCTCEI.

UNIT-IV Banking Institutions – Types – functions – importance – NPAS Rural Banking - NABARD
- RBI – Banking services –e- banking – Banking sector reforms in India.

UNIT- V Non-banking Financial Institutions – Nature – Evolution – Growth and development –

IDBI –IFCI –SFC-ICICI –SIDBI- Investment corporations – functions – LIC –GIS –UTI –IIBI.

REFERENCE BOOKS:

1. Bhole, L.M., Financial Institutions and Markets, Tata MC Graw Hill, New Delhi.

2. Clifford Gamez, Financial Markets. Institutions and Financial Services, Prentice Hall of India (P) Ltd New
Delhi

3. Frederic. S. Mishkin and Stanley G.Eakins, Financial Markets and Institutions, Dorling kinders ley
(India) Pvt. Ltd., Licenses of Peasant Education, Delhi

4. Gordon and Natarajan, Financial Markets and services, Himalaya Publishing House Hyderabad.

5. Khan, M.Y., Indian Financial System ( sixths(ed) Tata MC Grow Hill, New Delhi,

6. Srivestava, R.M., Divya Nigam, Management of Indian financial Institutions, Himalaya Publishing House,
New Delhi.

13
 M.Com. (A&F) 302: FINANCIAL SERVICES
(With effect from the academic Year 2014-2015)

UNIT- I: Merchant Banking: Concept – Commercial banking Vs merchant banking Origin and evolution –
Scope – Functions – Pre-issue and post issue obligations: SEBI regulation.

UNIT- II: Credit Rating: Significance – SEBI Regulations – Rating agencies in India – CRISIL, CARE,
ICRA,FRI – Rating methodology – Limitations.

UNIT-III: Factoring: Factoring – Factoring Vs bills discounting – Mechanism – Functions k- Forms – Legal
aspects:

UNIT-IV; Venture Capital: Features – Stages of Financing: Financial analysis – Investment nurturing:
Valuation of portfolio – Exit route: VCF Scenario in India – SEBI Regulations.

UNIT-V: Lease Financing: Concept: Lease Finance Vs hire purchase: Kinds of lease: Benefits: Limitations:
Regulatory framework: Evaluation Tax implication

REFERENCE BOOKS:
1. Khan, M.Y. Financial Services, Tata Mc Graw Hill, New Delhi
2. Gordon, E., and Natarajan, K., Financial Markets and Services, Himalaya Publications, Mumbai
3. Siddaiah T. Financial Services, Pearson Education New Delhi
4. Bhatia, B.S., and Gupta G.S., Management of Financial Services, Deep and Deep, New Delhi
5. Ghosh, P.K., and Gupta, G.S., Fundamentals of Lease Financing, Vision Publishers, New Delhi
6. Gupta, S.K., and Nisha Aggarwal. Financial Services, Kalyani Publishers, New Delhi.
7. Machiraju H.r., Merchant Banning Wiley, New Delhi
8. Nalini Prava Tripathy, Financial Services, Prentice Hall of India Pvt Ltd New Delhi.
9. Guruswamy, S.. Financial Services and Markets. Thomson Learning Singapore
10. IGNOU, Management of financial Services, IGNOU, New Delhi

14
 M.Com. (A&F) 303: Corporate Tax Planning and Management
(With effect from the academic Year 2014-2015)

UNIT- I Introduction: Concept of tax planning – Tax avoidance and tax evasion – Tax planning
for new business – Tax planning with reference to location of business – Form of
organization ( Theory & Problems)

UNIT-II Business Income: Meaning of Business under income tax – Deduction of business –
Expenses in respect of business premises-Repairs and insurance of machinery, plant
and furniture-Prospecting for or extraction of production of petroleum or natural gas
or both in India – Expenditure on scientific research – Capital expenditure to obtain
license of operate telecommunication services – Admissibility of expenditure on eligible
project or scheme – Deduction irrespective of expenditure on specified business (Theory
only)

UNIT-III Procedure for Assessment: Types of assessment: Self-Assessment, Assessment on

the basis of basis of return, Regular Assessment by Assessing officer, re-assessment,
Precautionary or protection assessment, notice of Demand, intimation of loss (Theory
& Problems).

UNIT-IV Value Added Tax (VAT): Justification of Vat- Tax on value added - Need for introducing
VAT – Merits and Demerits of VAT – Variants of VAT – Modes of computation of VAT
Administrative procedures generally adopted by different states (Theory & Problems)

UNIT-V Tax payment: Tax deductions and collection at source – when and how tax is to be
deducted at source – Advance payment of tax (Theory & Problems)

REFERENCE BOOKS:

1. Ahuja G.K. and Ravi Gupta: Sysematic Approach to Income Tax and Central Sales Tax, Bharat Law
House, New Delhi.
2. Circulars issued by C.B.D.T
3. Income Tax Act, 1961
4. Income Tax Rules, 1962
5. Lakhotia R.N:Corporate Tax Planning, Vision Publications , Delhi,
6. Singhania, V.K.Direct Taxes:Law and Practice, Taxman’s Publications Delhi.
7. Singhania, Vinod K:Direct Taxes Planning and Management, Taxman’s Publications Delhi.
8. Mehrotra, MC and Goyal, S.P: Income Tax Law and Accounts including tax planning, sahitya Bhavan
Publication, Agra.

15
 M.Com. (A&F) 304: Financial Derivates
(With effect from the academic Year 2014-2015)

UNIT-I Financial Derivatives – Definition and Concept – Features – Types and uses of Financial
Derivatives – Basics of Financial Derivates – Traders in Financial Derivatives Market
(Theory Only)

UNIT-II Forwards and Futures Contracts-Definition and Concept- Uses of Forwards and Futures
Functions- Type of Forwards and Futures – Forwards and Futures Trading Mechanisms
Forwards Vs Futures (Theory & Problems)

UNIT-III Options: Concept-Types of options – Difference between Options and Futures- Option
heading strategies – Option Greeks. (Theory Only)

UNIT-IV Option pricing models-Option Price determination- The Binomial Option Pricing Model
One step and two step models-The Black Scholes option pricing Model (Theory and
Problem)

UNIT-V Financial Derivates in Indian Scenario – Need- Equity derivatives – Stock Index Futures-
Speculation and Stock Index Futures -Stock Index Futures Trading –Emerging structure
of Financial Derivatives Market – New Trends (Theory)

REFERENCE BOOKS:

1. Pandey , I.M., Financial Management, Vikas Publications , New Delhi.

2. Gupta, S.L., Financial Derivatives, PHI Learning Pvt. Ltd, New Delhi.
3. Bhalla, V.K.Investment Management
4. John C.Hulll Derivatives. PHI Publisher Ltd, New Delhi
5. John C. Hull, Introduction to Future and Options Market. PHI Publisher Ltd, New Delhi,
6. Kumar, S.S.S., Financial Derivatives, Prentice Hall of India Pvt., Ltd New Delhi.
7. Bargi’s ., Futures and Options, Mc Graw Hill Publishing House Ltd, New Delhi.

16
 M.Com. (A&F) 305: Accounting for Managerial Decisions
(With effect from the academic Year 2014-2015)

UNIT- I Introduction to Management Accounting - Nature and Importance of Financial

Accounting, Cost Account and Management Accounting – Importance of Decision –
Steps involved in Decision Making- cost Analysis for Pricing Decisions: full Cost Pricing
Mark up Pricing- Break-even Pricing-Target Pricing- Conversion Cost Pricing-Differential
Cost Pricing.

UNIT-II Business Decisions: Cost Behavior – Relevant Costs – Determination of Sales mix – Exploring
new markets-Discontinuance of a product line-Make or buy decisions-Equipment replacement
decision – Change Vs Status quo – Expand or contract – Shut down or continue.

UNIT-III Responsibility Accounting (RA): concept of RA – Assumptions of RA – Types of responsibility

Centres – Responsibility accounting reports – Advantages of RA – Issues in RA.

UNIT-IV Divisional Performance and Transfer Pricing: Decentralized operations-Performance measure-

ment- Financial performance-non-financial performance-Transfer pricing- Meaning - Methods
of transfer pricing – Issues in transfer pricing.

UNIT-V Management Reporting Concept – Modes of reporting – Types of reports – Essentials of good
Report – Process of preparing report – Reporting practices of Indian Companies.

REFERENCE BOOKS:
1. Sahaf M.A., Management Accounting Principles and practice, Vikas Mumbai.
2. Jawaharal, Management Accounting, Himalaya Publishers, Mumbai.
3. Kulshrestha N.K., Management Accounting, Tata MC Graw Hilli, New Delhi.
4. Sharma R.K., and S.K.Gupta, Management Accounting, Kalyani, Ludhiana.
5. Charless T. Horngren, G.L.Sundem and W.O.Stratton, Introduction to Management Accounting,
Pearson, Delhi.
6. Rivet S,Kaplan and Anthony A.Atkinson, Advanced Management Accounting Prentice Hall, New Delhi,
7. Dr.S.N.Maheswari, Cos and Management Accounting, Sultan Chand and Sons
8. M.Y. Khan, P.K.Jain, Management Accounting, Tata MC Graw Hilli, New Delhi.

17
 M.Com. (A&F) 401: Strategic Financial Management
(With effect from the academic Year 2014-2015)
UNIT- I Introduction to strategic management – Strategy – Meaning of strategic management
Importance-Constraints of strategic management-strategy at different hierarchy levels
Meaning, Definition of Financial Management – Functions – Scope Importance –
Objectives of Financial Management.

UNIT-II strategic Financial Management – Introduction – Meaning – Definition – Characteristics

Scope - strategic Financial Management – Financial Planning – Success Factors and
Constraints if strategic Financial Management.

UNIT-III Corporate Valuation: Introduction – Concept of Value – Objectives – Approaches of

Corporate Valuation- Guidelines for Corporate Valuation. Value-Based management.
Meaning-Elements-Significance-Approaches and Limitations of Value-Based
Management.

UNIT-IV Corporate Sickness: Introduction – Causes – Symptorns – Prediction of Sickness –

Restructuring of Sick Organization. Corporate Restructuring – Meaning – Scope –
Motives – Significance of Corporate Restructuring – Forms of Corporate Restructuring
Present Scenario of Corporate Restructuring.

UNIT-V Financial Engineering: Introduction- Financial Re-engineering-Approaches to Innovative

Financial Engineering -Fund Raising Instruments -Fund-Development Strategies. Ethical
Aspects of Strategic Financial Management: Introduction- Strategy and Ethics - Business
Ethics in the Global Community- Functional Ethics in Financial Management - Corporate

REFERENCE BOOKS:
1. Rajni Sofat and Preeti Hiro: Strategic Financial Management. Prentice Hall of India Learning Pvt., New
Delhi.
2. Dr.Pradel Kumar Sinha: Strategic Financial Management. Excel Books , New Delhi.
3. G.P.Jakhotiya: Strategic Financial Management. Vikas Publishing House Pvt., Ltd., NewDelhi.
4. Allen: An Introduction to Strategic Financial Management. Koran Page
5. Mathew P.K: Corporate Restructuring in India: Perspectives. Mac Millian.

18
 M.Com. (A&F) 402: International Accounting
(With effect from the academic Year 2014-2015)

UNIT- I International Accounting: Definition – Nature and Scope of International Accounting –

Importance – International Audit Types – Accounting profession in select countries.

UNIT-II International Accounting standards – concept – meaning – objectives – Need for

harmonization – IFRS and Indian GAAP – Global convergence of accounting – Benefits
and challenges.

UNIT-III International Financial reporting – Meaning – Concept – Need for uniform global
Financial reporting – Transitional reporting – International Disclosure requirements –
Regulatory requirements in select countries.

UNIT-IV International Financial Statement analysis- Meaning – need for Analysis – Significance
Techniques of Financial statement Analysis – analysis of global Financial statements –
recent developments.

UNIT-V Business combinations and consolidations-Need-Importance-Consolidation techniques

Practices in select countries-transfer pricing-Approaches- Transfer pricing mechanism
in select countries.

REFERENCE BOOKS:
1. Mohapatra, A.K.Das “International Accounting, prentice Hall of Indian Pvt.Ltd. New Delhi.
2. Rathore Shin:” International Accounting- A use perspective “Taxman India, New Delhi.
3. Suddagaran M.Shahrokh, International Accounting - A User perspective” Taxman India ., New Delhi.
4. Gupta Ambarish “Financial Accounting for Management – An analytical perspective “ Pearson Education,
New Delhi.
5. Nobes Chestopher & Parker Rober. “ Comparative International Accounting” Pearson Education, New
Delhi.

19
 M.Com. (A&F) 403: International Financial Management
(With effect from the academic Year 2014-2015)

UNIT- I International Financial Management (IFM): Concept – Importance – Nature and Scope
of IFM – Domestic and offshore markets – Finance function – Role of International
Financial Manager – Changes in global financial markets – Emerging Challenges.
(Theory only)

UNIT-II International Monetary System:The gold Standard-Bretton Woods system of exchange

rates – International liquidity – International Monetary Fund (IMF) – Functions of IMF
Recent changes – Quotas – Special Drawing Rights (SDRs) - Surveillance – World Bank -
Lending Policies. (Theory Only)

UNIT-III Exchange Rate Mechanism: Foreign Exchange Markets – Structure – Types – Exchange
rate. Exchange rate quotations-Direct and indirect-Buying and selling rates – Forward
market quotation-Nominal and real exchange rates – Determination of exchange rates
in spot market and forward market. (Theory only)

UNIT-IV International Project Appraisal: Introduction – Net present value approach- Adjusted
Present value framework-Project appraisal in the International context-Options
approach to project appraisal-The Practice of cross border direct investment appraisal
(Theory only)

UNIT-V International l Equity Investment: Introduction – Risk and Return from Foreign Equity
Financing in the International Markets – Long-Term Borrowing in the Global Capital
Markets-The Major Market Segments-The International Financing Decision. (Theory
only)

REFERENCE BOOKS:
1. Apte.P.G.: International Financial Management.Tata Mc Graw Publishing House, New Delhi.
2. Siddaiah, T, International Financial Management, Pearson, New Delhi.
3. Sharan V.: International Financial Management,Prentice Hall of India Publishing, New Delhi.
4. Bhaila, V.K: “International Financial Management – Anmol Publications, New Delhi.
5. Avadhani VA.: “International Finance, Himalaya Publishing House, Mumbai
6. Eun & Resnick.,: International Financial Management, Tata Mc Graw Hill Publishing Company Ltd., New
Delhi.

20
 M.Com. (A&F) 404: Security Analysis and Portfolio Management
(With effect from the academic Year 2014-2015)

UNIT- I Investment: Investment objective -Elements of Investment -Types of Investments-

Financial investments – Non-financial investments risk – Concept – Types of Risk –
Measurement of risk and return – Securities Market – Securities Markets in India.

UNIT-II Securities analysis:Objectives of Securities analysis-Fundamental analysis- Economic

Industry and Company analysis – Technical analysis – Dow theory – Efficient market
theory – Implications – Random walk theory – Strong, Semi-strong and Weak forms
of Efficient market. (Theory only)

UNIT-III Valuation of securities: Valuation of equity shares- Equity risk and return-Valuation
of debt securities-Yield curves-Risk premium funds- Macaulay’s duration(Theory &
Problem)

UNIT-IV Portfolio theory: Capital market theory- Assumptions-Capital market line-Portfolio

selection – Capital Assets pricing Model (CAPM) – Assumptions.(Theory&Problems)

UNIT-V Portfolio evaluation and revision: Measures of Portfolio performance – Sharpe’s

Performance Index – Tenor’ Performance Index – Portfolio revision – Jensen’s

REFERENCE BOOKS:
1. Prasanna Chandra: Analysis and Portfolio Management.Tata Mc Graw Publishing House, New Delhi.
2. Kevin, Security analysis and Portfolio Management, PHI, New Delhi.
3. Avadani V.A.: Security Analysis and Portfolio Management, Himalaya Publishing House , New Delhi.
4. Prethi Singh, Investment Management, Security Analysis and Portfolio Management, Himalay
Publishing House, New Delhi,2005
5. Dhamodharan: Investment Valuation, Johnweel and sons, New York.
6. Sulochana M.Investment Management, Kalyani Publishers, New Delhi.
7. Donald E.Fischer & Ronald J.Jordn: Security Analysis and Portfolio Management, Pearsons Education
(Singapore) Pvt, Ltd, New Delhi.

21
 M.Com (A&F) 405: Project Report and Viva-Voce

*Soon after the completion of 2nd Semester end examinations, Students are required
to Visit the industrial units of their choice, prepare and submit Project report on the concerned units and the
end of the 4th Semester but before the commencement of semester and examinations. After the completion
of 4th Semester and examinations, the
Students are required to take viva-voce examination. The viva-voce shall be conducted by a committee
consisting of the Head of the Department of Commerce, Chairman BOS and external examiner in the case
of regular course. In case of self-supporting course, the viva-voce shall be conducted by a committee
consisting of the Head of the Department of Commerce, the Chairman BOS or his nominee, coordinator and
external examiner.

22