B.C. A : 101 (B) : ACCOUNTING & FINANCIAL MANAGEMENT — I
Total: 50 Hrs
Introduction: History and Development of Accounting - Meaning, Objectivesand functions of Accounting - Book - keeping V/s Accounting - Users of accounting data -systems of book - keeping and accounting - branches of accounting - advantages and limitations of accounting.
Accounting Concepts and conventions: Meaning, need and classification,Accounting standards - meaning, need and classification of Indian accounting standards. Accounting principles V/s Accounting standards.
Financial Accounting Process: Classification of accounting transactions andaccounts, rules of debit and credit as per Double Entry System. Journalisation and Ledger posting.
Preparation of different subsidiary books: Purchase Day Book Sales DayBook, Purchase Returns Day Book, Sales Returns Day Book, Cash Book.
Bank Reconciliation Statement: Meaning, Causes for difference - Advantages-Preparation of Bank Reconciliation Statements.
Accounting for Bill of Exchange: Meaning, Need, Definition, Parties to Bill ofExchange, Types of Bills.
Accounts Procedure: Honour of the Bill, Dishonour of the Bill, Endorsement,Discounting, Renewal, Bills for collection, Retirement of the Bill, Accommodation Bills, Bill Receivable Book and Payable Book.
Preparation of Trial Balance: Rectification of errors and Journal Proper.Preparation of Final Accounts: Meaning, need and classification, Preparationof Manufacturing, Trading, Profit and loss account and Balance — Sheet of sale- traders and partnership firms.
1) S.Ramesh, B.S. Chandrashekar, A Text Book of Accountancy.
- Vithal , Sharma: Accounting for Managememt, Macmillan publishers, Mumbai
- Tulsian, Accounting and Financial Management — J: Financial Accounting - Pearson Education