Unit 1 Partnership Final Accounts based on Adjustment of Admission or Retirement/Death of
a Partner during the year
i) Simple final accounts questions to demonstrate the effect on final Accounts when a
partner is admitted during the year or when partner Retires / dies during the year.
ii) Allocation of gross profit prior to and after admission / retirement / death when
stock on the date of admission / retirement is not given and apportionment of other
expenses based on time / Sales/other given basis.
iii) Ascertainment of gross profit prior to and after admission/retirement/death when
stock on the date of admission/retirement is given and apportionment of other
expenses based on time / Sales / other given basis Excluding Questions where
admission / retirement / death takes place in the same year.

Unit 2 Piecemeal Distribution of Cash
i) Excess Capital Method only
ii) Asset taken over by a partner
iii) Treatment of past profits or past losses in the Balance sheet
iv) Contingent liabilities / Realization expenses / amount kept aside for expenses and
adjustment of actual
v) Treatment of secured liabilities
vi) Treatment of preferential liabilities like Govt. dues / labour dues etc. Excluding :
Insolvency of partner and Maximum Loss Method.

Unit 3 Amalgamation of Firms
i) Realization method only
ii) Calculation of purchase consideration
iii) Journal / ledger accounts of old firms
iv) Preparing Balance sheet of new firm
v) Adjustment of goodwill in the new firm
vi) Realignement of capitals in the new firm by current accounts / cash or a
combination thereof Excluding Common transactions between the amalgamating
firms.

Unit 4 Conversion / Sale of a Partnership Firm into a Ltd. Company
(i) Realisation method only
(ii) Calculation of New Purchase consideration, Journal / Ledger Accounts of old
firms. Preparing Balance sheet of new company.

Unit  1 Introduction to Management Accounting
A. Introduction to Management Accounting – Meaning, Nature, Scope, Functions,
Decision Making Process, Financial Accounting V/s Management Accounting
B. Analaysis and Interpretation of Financial Statements
i) Study of Balance sheet and Income statement / Revenue statements in vertical form
suitable for analysis
ii) Relationship between items in Balance Sheet and Revenue statement
iii) Tools of analysis of Financial Statements (i) Trend analysis (ii) Comparative
Statement (iii) Common Size Statement
Note : (i) Problems based on trend analysis (ii) Short Problems on Comparative and
Common sized statements.

Unit 2 Ratio Analysis and Interpretation
(Based on Vertical Form of Financial statements) – Meaning, classification, Du Point
Chart, advantages and Limitations)
A. Balance Sheet Ratios :
i) Current Ratio
ii) Liquid Ratio
iii) Stock Working Capital Ratio
iv) Proprietary Ratio
v) Debt Equity Ratio
vi) Capital Gearing Ratio
B. Revenue Statement Ratio:
i) Gross Profit Ratio
ii) Expenses Ratio
iii) Operating Ratio
iv) Net Profit Ratio
v) Net Operating Profit Ratio
vi) Stock Turnover Ratio
A. Combined Ratio :
i) Return on capital employed (Including Long Term Borrowings)
ii) Return on proprietor's Fund (Shareholders Fund and Preference Capital)
iii) Return on Equity Capital
iv) Dividend Payout Ratio
v) Debt Service Ratio
vi) Debtors Turnover
vii) Creditors Turnover
(Practical Question on Ratio Analysis)

Unit 3 Working Capital Management : (Practical Questions)
A. Concept, Nature of Working Capital , Planning of Working Capital
B. Estimation / Projection of Working Capital Requirement in case of Trading and
Manufacturing Organization
C. Operating Cycle.

Unit 4 Capital Budgeting
A. Introduction:
B. The classification of capital budgeting projects
C. Capital budgeting process
D. Capital budgeting techniques - Payback Period, Accounting Rate of Return, Net
Present Value, The Profitability Index, Discounted Payback. (Excluding
calculation of cash flow).

Unit 1 Indian Contract Act – 1872 Part –I
• Contract – Definition of Contract and Agreement, Essentials of Valid Contract,
Classification of Contracts.
• Offer and Acceptance – Rules of valid offer and acceptance, Counter offer,
standing or open offer, distinguish between offer and invitation to offer.
Concept of Communication and Revocation of offer and acceptance (sec. 3,5)
• Capacity to Contract (S. 10-12) – Minor, Unsound Mind, Disqualified Persons.
• Consideration (S. 2 & 25) – Concept and Importance of consideration, Legal
rules of Consideration, Exceptions to the Rule, ‘No Consideration No
Contract’(Ss. 25) Unlawful Consideration (S 23)

Unit 2 Indian Contract Act – 1872 Part –II
• Consent (Ss.13, 14-18, 39.53, 55, 66)-Agreements in which consent is not free
- Coercion, Undue Influence, Misrepresentation Fraud, Mistake.
• Void Agreements (S. 24-30) – Concept, Void Agreements under Indian
Contract Act.

• Contingent Contract (S. 31), Quasi Contract (S.68-72), Concept of E-
Contract& Legal Issues in formation and discharge of E- Contract. Concept of

Performance of Contract (S 37)
• Modes of Discharge of Contract, Remedies on breach of Contract.(73-75)

Unit 3 Special Contracts
• Law of Indemnity & Guarantee (Ss. 124-125, Ss. 126-129, 132-147) –
Concept, Essentials elements of Indemnity and Guarantee, Contract of
Indemnity vs. Guarantee, Modes of Discharge of Surety.
• Law of Bailment (S. 148, 152-154, 162, 172, 178, 178A, 179) – Concept,
Essentials of Bailment, Kinds of Bailment, Rights and Duties of Bailor and
Bailee
• Law of Pledge – Concept, Essentials of valid Pledge, Lien - concept, Difference
between Pledge and Lien, Rights of Pawnor & Pawnee.( Ss.173, 174, 177)
• Law of Agency (Ss. 182-185, 201-209) – Concept, Modes of creation of
Agency, Modes of termination of Agency, Rights& Duties of Principal and
Agent.

Unit 4 The Sale Of Goods Act - 1930
• Contract of Sale (S.2) – Concept, Essentials elements of contract of sale,
Distinction between Sale and Agreement to sell (S.4) Distinguish between
Sale and Hire Purchase Agreement, Types of Goods. Effects of destruction of
Goods (Ss. 6,7.8),
• Conditions & Warranties (Ss. 11-25 & 62, 63) – Concept, Distinguish between
Conditions and Warranties, Implied Conditions & Warranties, Concept of
Doctrine of Caveat Emptor –Exceptions.
• Property – Concept , Rules of transfer of property (Ss. 18-26)
• Unpaid Seller (Ss. 45-54, 55 & 56)- Concept, Rights of an unpaid seller,
Remedies for Breach of contract of Sale (Ss. 55-61),Auction sale – Concept,
Legal Provisions. (S. 64)

Unit 5 The Negotiable Instruments (Ammended) Act 2015
• Negotiable Instruments – Concept (S13), Characteristics, Classification of
Negotiable Instruments (Ss. 11, 12, 17-20, 42, 43, 104,134,135) Maturity of
Instruments.
• Promissory Note and Bill of Exchange (Ss. 4,5, 108-116)- Concept, Essentials
of Promissory Note, Bill of Exchange (Ss. 4,5), Essential features of
promissory note and Bill of exchange, Kinds Promissory note and Bill of
exchange, Cheque (S.6)– Concept, Types & Crossing of Cheque, Distinguish
between Bill of Exchange & Cheque, Dishonour of Cheque – Concept &
Penalties (Ss. 138, 139,142)
• Miscellaneous Provisions (S. 8-10, 22, 99-102, 118-122, 134-137) –Parties to
Negotiable instruments Holder, Holder in due course, Rights & Privileges of
Holder in due course, Payment in due course, Noting & Protest (99-104A)

Unit 1 Introduction To Management 

• Management- Concept, Nature, Functions, Managerial Skills &
Competencies
• Evolution of Management Thoughts
Classical Approach: Scientific Management – F.W.Taylor’s Contribution
Classical Organisation Theory: Henri Fayol’s Principles
Neo Classical: Human Relations Approach – EltonMayo’s Hawthorne
experiments
• Modern Management Approach-Peter Drucker’s Dimensions of
Management, Indian Management Thoughts: Origin & Significance of Indian
Ethos to Management.

Unit 2 Planning & Decision Making 

• Planning - Steps, Importance, Components, Coordination – Importance
• M.B.O -Process, Advantages, Management By Exception- Advantages;
Management Information System- Concept, Components
• Decision Making - Techniques, Essentials of a Sound Decision Making,
Impact of Technology on Decision Making.

Unit 3 Organising 

• Organising-Steps, Organisation Structures – Features of Line & Staff
Organisation, Matrix Organisation , Virtual Organisation,
Formalv/s Informal Organisation.
• Departmentation -Meaning -Bases, Span of Management- Factors
Influencing Span of Management, Tall and Flat Organisation.
• Delegation of Authority- Process, Barriers to Delegation, Principles of
Effective Delegation. Decentralisation: Factors Influencing Decentralisation,
Centralization v/s Decentralisation.

Unit 4 Directing And Controlling 
• Motivation – Concept, Importance, Influencing factors.
Importance of Communication, Barriers to effective Communication
• Leadership- Concept, Functions, Styles, Qualities of a good leader.
• Controlling – Concept, Steps, Essentials of good control system, Techniques
of Controlling -PERT, CPM, Budgetary Control, Management Audit.

Unit 1 Introduction to Advertising

• Integrated Marketing Communications (IMC)- Concept, Features, Elements,
Role of advertising in IMC
• Advertising: Concept, Features, Evolution of Advertising, Active Participants,
Benefits of advertising to Business firms and consumers.
• Classification of advertising: Geographic, Media, Target audience and
Functions.

Unit 2 Advertising Agency

• Ad Agency: Features, Structure and services offered, Types of advertising
agencies , Agency selection criteria
• Agency and Client: Maintaining Agency–Client relationship, Reasons and
ways of avoiding Client Turnover, Creative Pitch, Agency compensation
• Careers in advertising: Skills required for a career in advertising, Various
Career Options, Freelancing Career Options - Graphics, Animation,
Modeling, Dubbing.

Unit 3 Economic & Social Aspects of Advertising

• Economic Aspects: Effect of advertising on consumer demand, monopoly
and competition, Price.
• Social aspects: Ethical and social issues in advertising, positive and negative
influence of advertising on Indian values and culture.
• Pro Bono/Social advertising: Pro Bono Advertising, Social Advertising by
Indian Government through Directorate of Advertising and Visual Publicity
(DAVP), Self-Regulatory body- Role of ASCI (Advertising Standard Council of
India).

Unit 4 Brand Building and Special Purpose Advertising

• Brand Building: The Communication Process, AIDA Model, Role of
advertising in developing Brand Image and Brand Equity, and managing
Brand Crises.
• Special purpose advertising: Rural advertising, Political advertising-,
Advocacy advertising, Corporate Image advertising, Green Advertising –
Features of all the above special purpose advertising.
• Trends in Advertising: Media, Ad spends, Ad Agencies, Execution of
advertisements.

Unit 1 Human Rights Violations and Redressal
A. Scheduled Castes- Constitutional and legal rights, Forms of violations,
Redressal mechanisms. (2 Lectures)
B. Scheduled tribes- Constitutional and legal rights, Forms of violations,
Redressal mechanisms. (2 Lectures)
C. Women- Constitutional and legal rights, Forms of violations, Redressal
mechanisms. (2 Lectures)
D. Children- Constitutional and legal rights, Forms of violations, Redressal
mechanisms. (2 Lectures)
E. People with Disabilities, Minorities, and the Elderly population- Constitutional
and legal rights, Forms of violations, Redressal mechanisms. (4 Lectures)

Unit 2 Dealing With Environmental Concerns
A. Concept of Disaster and general effects of Disasters on human life- physical,
psychological, economic and social effects. (3 Lectures)
B. Some locally relevant case studies of environmental disasters. (2 Lectures)
C. Dealing with Disasters - Factors to be considered in Prevention, Mitigation
(Relief and Rehabilitation) and disaster Preparedness. (3 Lectures)
D. Human Rights issues in addressing disasters- issues related to compensation,
equitable and fair distribution of relief and humanitarian approach to
resettlement and rehabilitation. (3 Lectures)

Unit 3 Science and Technology – I
A. Development of Science- the ancient cultures, the Classical era, the Middle
Ages, the Renaissance, the Age of Reason and Enlightenment. (3 Lectures)
B. Nature of science- its principles and characteristics; Science as empirical,
practical, theoretical, validated knowledge. (2 Lectures)
C. Science and Superstition- the role of science in exploding myths, blind beliefs
and prejudices; Science and scientific temper- scientific temper as a
fundamental duty of the Indian citizen. (3 Lectures)
D. Science in everyday life- technology, its meaning and role in development;
Interrelation and distinction between science and technology. (3 Lectures)

Unit 4 Soft Skills for Effective Interpersonal Communication
Part A 
I) Effective Listening - Importance and Features.
II) Verbal and Non-Verbal Communication; Public-Speaking and Presentation
Skills.
III) Barriers to Effective Communication; Importance of Self-Awareness and Body
Language.
Part B 
I) Formal and Informal Communication - Purpose and Types.
II) Writing Formal Applications, Statement of Purpose (SOP) and Resume.
III) Preparing for Group Discussions, Interviews and Presentations.
Part C 
I) Leadership Skills and Self-Improvement - Characteristics of Effective
Leadership.
II) Styles of Leadership and Team-Building.