SYLLABUS

M.COM - PREVIOUS
 CONTENTS
M.Com (Previous)

PAPER - I ADVANCED BUSINESS ECONOMICS

PAPER - II CORPORATE FINANCIAL ACCOUNTING

PAPER - III CORPORATE LEGAL FRAMEWORK

PAPER - IV ADVANCE COST ACCOUNTING

PAPER - V RESEARCH METHODOLOGY

 M.Com (Previous)

Paper - I
Advance Business Economics

Unit - I. Nature and subject matter of economics, classical and the Modern view on the
subject. Robins contribution and its critical estimate, economics as positive
science Nortative science. Applied Science and Arts-Micro and Macro Economics,
Relation of Economics with business.

Unit - II. The Scope of Business Economics to problems of production, Laws of returns and
their casual and effectual significance, theories of population.
Malthusian theory, Optimum theory and Biological theory, Modern theory of
population then critical estimates. Indian population problems and remedies.

Unit - III. Theory of perfect competition, imperfect markets, determination of price under
different market, price discrimination, market value and Normal value. Real cost,
Money cost and opportunity cost, Marshall's Representative firm, Pigous Equilib-
rium firm and their implications on the theory of value.

Unit - IV National Dividend and Economics welfare, relation between size and distribution
of National Income and Economic Welfare. Business cycles theories of Business
Cycle, the problem of unified theory of business cycle.

Unit - V. Keynsian theory of employment, the problem of full employment and their problems
and solution the concept of mixed economy. A critical study of mixed economy in
India.

.........................................................................................................................

Paper - II
Corporate Financial Accounting
Unit - I. Postulates and conventions, Accounting Equation, Accounting of price level
changes : Meaning, significance and limitation, various approaches and methods
of accounting under changing price levels. Investment Accounts, Social Account-
ing.

Unit - II. Advanced problems of Holding and subsidiaries company, Accounts of preparation
of consolidated profit and loss account and Balance sheet. Cash flow basis
Accounting; concepts, technique, limitations, value added accounting; concepts,
technique, limitations, value added accounting; concepts and techniques, human
 resource accounting concepts and methods.
Unit - III. Profit concept, their determination and disposal according to Indian Companies Act.
Internal and External reconstrunction including formation of schemes and recording
in the books of accounts. Advanced problems relating to amalgamation and
absorption of companies.

Unit - IV. Double Account system including Electricity Supply companies. Final accounts of
banking companies and calculation of claims of fire and Marine Insurance Accounts
of Company in Liquidation.

Unit - V. Accounts of contractors, under writers, solicitors, International Accounting Stand-

ards, Ratio Analysis, Fund Flow statements. Comparative balance sheet, trend
Analysis. Projection of working capital requirements, Project analysis.
...........................................................................................................................................

Paper - III
Corporate Legal Framework
Unit - I. The Companies Act, 1956 (Relevant Provision)
Definition, types of companies; Memorandum of Association; Articles of Associa-
tion; Prospectus; Share capital and membership; Meetings and resolutions;
company management; managerial remuneration; Winding up and dissolution of
companies.

Unit - II. The Negotiable Instruments Act, 1881

Definition, types of negotiable instruments; Negotiation; Holder and holder in due
course; Payment in due course; Endorsement and crossing of cheque; Presen-
tation of negotiable instruments.

Unit - III. Legal Environment of Security Markets

SEBI Act, 1992 - organisation and objectives of SEBI; Powers under Securities
Contract Regulation Act 1956 transferred to SEBI; Role of SEBI in controling the
security markets.

Unit - IV. Restrictive and Unfair Trade Practices, Consumer Protection Act
MRTP Act 1969 monopolistic trade practices; Restrictive trade practices; Unfair
trade practices. The Consumer Protection Act, 1986 salient features; Definition of
consumer, right of consumer; Grievance redressal machinery.

Unit - V. Regulatory Environment for International Business

FEMA Act 1999, WTO Regulatory framework of WTO, basic principles and its
charter. TWO Provisions relating to preferential treatment to developing countries;
Regional groupings, technical standards, anti-dumping duties and other NTBs;
Custom valuation and dispute settlement; TRIP and TRIMS.
 ...........................................................................................................................................
Paper - IV
Advance Cost Accounting

Unit - I. Concept of Cost Accounting and Financial Accounting, Cost Accounting and
Managemetnt Accounting, Limitation of Cost Accounting. Treatment of Administra-
tive Selling and distribution overheads and research and development Cost.
Operation Cost :- Transport Costing, Power House Costing, Canteen costing, Hotel
Costing - Equivalent Product. Inter Process transfer, Joint Product by-product.
Unit - II. Uniform costing and Inter-firm comparison, treatment of special expenses in cost
accounts such as research and development expenses, preliminary expenses cost
of obsolescence etc. Tolls Patterns and design. Integral accounting, Cost ledger
or cost control accounts, reconciliation of cost and financial accounting, integrated
and intergral accounting.
Unit - III. Marginal Costing : Concept, Marginal Costing Vs. Obsorption Costing, Cost volum
Profit relationship. Break-even Point Analysis, Assumption underlying Break-even
Analysis, Contribution and Marginal Break-even Analysis, Cash Break-even Point
Margin of safety, Limiting or key factor, Angle Analysis, Break-even Chart, Construc-
tion of Profit - Volume Chart, Uses of Break - even, Analysis, Limitation of Break-
even Analysis. Management Decision Making : Special costs for Management,
Decision making, Decision making and Marginal costing, Differential cost Analysis,
Differential cost Analysis Vs. Marginal costing.
Unit - IV. Budget and Budgetary Control : Meaning, Objective Steps of Budgeting, Kinds
of Budgeting : According to functions and flexibility. Advantages and limitation of
Budgetary Control, essential of Effective Budgeting, Preliminaries in the installation
of Budgetary Control, essential of Effective Budgeting, Preliminaries in the instal-
lation of Budget System, Budget Report, Zero-base Budgeting Performance
Budgeting, Responsibility Accounting, Revision of Budget.
Unit - V. Standard Costing and Variance Analysis : Meaning of Standard Cost and
Standard Costing, Steps involved in Standard Costing, Standard Costs and
Estimated Costs, Advantages and Limitation of Standard Costing Preliminaries for
establishing system of standard costing, Determination of Cost Centre, Types of
Standard, Setting of Standards, Analysis of variance, Direct Material Labour
variance, overhead variance sales variance.
...........................................................................................................................................
Paper - V
Research Methodology

Unit - I. Research Methodology : Meaning of Research; Objective of research; Type of

research; Research approaches, Significance of research; Research method vs.
Methodology; Research and scientific method; Research process Criteria of good
research; Problems encountered by researchers in India.
Defining the Research Problem : Selecting the Problem; Necessity of defining
the problem; Technique involved in defining a problem; Selection and setting
objectives in business studies
Unit - II. Research Design : Meaning of research design, features of good design.
Important concepts relating to research design, Different research design. Basic
principles of experimental design.
Sampling Design : Census and sample survey - implications of sample design;
Steps in sampling design; Criteria for selection of a sample procedure. Charac-
teristics for a good sample design; Different types of sample designs. Random
sample from an Indicate Universe; Complex random sampling design.
Unit - III. Measurement and scaling techniques : Measurement in research; Measure-
ment scales; Sources of Error in Measurement; Tests of sound measurement
Technique of developing measurement tools; Scaling; Meaning of scaling, Scale
classification bases; Important scaling techniques; Scales construction
techniques.
Methods of data collection : Collection of primary data. Collection of data through
questionnaire and schedules; some other methods of data collection. Collection
of secondary data; Selection of appropriate method for data collection; Case study
method.
Processing and analysis of data : Processing operations : Problem in process-
ing; Elements/types of analysis. Significance of the statistical tool in research.
Unit - IV. Sampling : Need for sampling : Fundamental definitions; Important sampling
distributions; Determination of sample size through the approach based on
precision rate and confidence level; Determination of sample size through the
approach based on bayesian statistics.
Hypotheses concept : Basic concepts concerning testing of hypothesis proce-
dure for hypothesis testing; Flow diagram for hypothesis testing. Measuring the
power of a hypothsis test ; Tools of hypotheses; Important parametric test;
Hypothesis testing of mean; Hypothesis testing for differences between means;
Hypothesis testing for comparing two related samples limitations of the tests of
hypotheses.
Chi-square test : Chi-square as a test for comparing variance; Chi-square as a
non-parametric test; Conditions for the application of X2 test; Steps and caution
chi-square test.
Unit - V. Interpretation and report writing : Meaning of interpretation; Why interpretation?
Technique of interpretation; Precaution in interpretation; Significance of report
writing; Different steps in writing report, layout of the research report; Types of
reports; Oral presentation; Mechanics of writing a research report; Precautions for
writing research reports.
The Computer : Its role in research : Computer an computer technology : The
basics of computer system.