ACADEMIC CURRICULUM FOR f Bachelor of Business Administration (BBA) _ Degree Program SESSION: 2020-2021 | FINAL EXAMINATION 2024 ° ee © 2nd Year Exam. 2022 Ce Case rr} © 4th Year Exam. 2024 Department of Accounting and Information Systems Faculty of Business Studies University of Rajshahi Rajshahi 6205, BangladeshAspires to be an abode of excellence and innovationjin teaching-learning and research - Promoting knowledge in theory and practice of Accounting and allied subjects and developing dynamic, innovative and ethical business leaders CEyeelAeN sor Cents Nee od Me CAAATa eS ATRL LON LUELLA] teaching-learning and research.Graduate Attributes (GAs) and Program Learning objectives (PLOs) as envisioned in designing curriculum for our 'BBA and MBA Degree Programs In Accounting and Information Syster 4. Comprehensive knowledge In Accounting: re as follows: ‘Acquite the basic thooratical knowledge and conceptual framework of ‘Accounting and financial reporting with speclal focus on standard ‘accounting methods, process and practic 2, Solid foundation and understanding of business and management ‘Learn tho basic concepts and understanding of the subjects rel doing business and managing affairs of an organization successfully Including the legal aspects of the matters concerned. J) 3. Rational thinking, critical reasoning and creative mind: ‘Appreciate the scientific decision making process and analyze things critically from different perspectives and apply the technique ‘successfully in real life situations in creative manner. desire for achievements: Gain an art and science of learning and embrace difficult situations successfully with high degree of independence in life and business towards personal achievements. 5. Interpersonal and ‘communication skills: Earn the basic communication and social skills to collaborate with Individuals in different professional and community settings. 6. Team-building and Understand the fundamentals of human psychology and individual behavior that shapes our attitudes, biases, preferences, knowledge’s and practices and be able to work independently and in terms, 7. Ethical stability and sense of accountability: Recognize the need to follow a set of ethical code of conducts for professionals who work in business in general and accounting in Particular for framing fair and equitable policies protecting the int of diverse stakeholders associated with an organization, 8. Emotional Stability and ‘meeting deadiines: Will have the courage to deflect negative affective, remain clam, and be able to meet deadlines in stressful situations maintaining a reasonable dogree of self-esteem throughout ifficult ordeals. 9. Computer literacy and ‘expert user of technologies: Acquire the fundamental knowledge of and training on computers and felated application of modern technologies for using them with ‘command and comfort with particular emphasis on the accounting software popularly used inn business organizations. 10, Adaptable and flexibility In working at different cultural settings: ( comonsate ynaml approach ofc diferent sualons and isu with flexible ming in todays over changing business processes and workplace coctons witha positive ‘an atte and be aware of Cultural dierent global perspectives.Department of Accounting and Information Systems Faculty of Business Studies University of Rajshahi BBA PROGRAM Session: 2020-2021 CONTENTS Page Preface 5 About the Department 6 List of Head & Chairman 7 List of the Teachers 10 Staffs 4 Course Contents for BBA Program 45 ‘Summary of the Ordinance for BBA Program 92Published By Department of Accounting and Information Systems Faculty of Business Studies University of Rajshahi Rajshahi 6205, Bangladesh Syllabus Printing Committee Dr. Md, Maniruzzaman Dr. Raj Kumar Moulick Saifuddin Khan Mailing Address Department of Accounting and Information Systems Faculty of Business Studies University of Rajshahi Rajshahi-6205 Bangladesh Tel: +88-0721-711133 Fox: attn. Dept. of AIS +88-0721-750064 Web: www.ru.ac.bd Graphics & Printed by Uttoron Offset printing Press Rajshahi-6100 Phone: 0721-773782, Mobile: 01712-101249Preface ‘The 21st Century is exposed to many types of changes in the field of business and its management Philosophies occurred mostly in the last century. In a laissez-faire economy, the growth and development of business and industry of any country depends largely upon her existing dynamic market forces. Given the unlimited wants, it is always important that an economy makes the best Use of its limited resources. The essence of business education is to understand this reality and then figure out how to organize and manage the scarce resources of a society in such a manner which produces maximum benefit and services to its people and economy. Business Education is a fascinating field in its own right. Generations of researchers and students, often to their surprise, have discovered how stimulating business education can be. The Department has been providing the right form of business education to its graduates with particular attention to the changes and demand in the field of Accounting and its professional standard. For this reason, the graduates of Accounting and Information Systems are widely demanded and well p: Bangladesh and abroad. In coping with the needs of the changing business environment, the Department of Accounting and Information Systems of Rajshahi University has always been endeavoring to update and redesign its academic curricula for its BBA and MBA programs. J. (Professor Dr. Mohammad Main Uddin) Professor & Chairman Department of Accounting and Information Systems University of Rajshahi Rajshahi - 6205, BangladeshAbout the Department Business Education at Rajshahi University was started in 1957 opening only M. Com. (Previous) class with 7 students under the control of the Department of Economics of this University. At that time Professor Dr. Md, Moqbul Hossain was the only teacher of Commerce education. In 1958, Professor {Asim Uddin Mondal joined the Department as commerce teacher and a new Department, named as Commerce Department was opened. In 1972, Faculty of Commerce was established. Under the Faculty initially there were two Departments~ Department of Accounting and Department of Management. With the increasing demand of specialization two more Departments~ Department of Finance and Banking and Department of Marketing were founded in 1981-82 under the same Faculty. Thereafter another Department named Banking and Insurance was opened in 2014-15. Presently the Faculty is renamed as Faculty of Business Studies. The Department of Accounting is one of the oldest Departments running under the Faculty of Business Studies and the Department of ‘Accounting was renamed as Department of Accounting and Information Systems in 2005 and has been offering the following degrees. a. BBA; b. MBA; c. Evening MBA; d. MPhil; & e. PhDList of Head and Chairman of the Department Mr. Md. Asim Uddin Mondal From 13.11.1972 to 30.09.1973 Mr. Md. Asim Uddin Mondal From 13.11.1972 to 30.09.1973 Dr. Md. Moqbul Hossain From 01.10.1976 to 30.09.1979 Mr. Md. Rofiqul Islam From 01.10.1979 to 05.08.1981 Mr. Md. Habibur Rahman Akan From 06.08.1981 to 05.08.1984 Mr, M. Mokarrom Hossain From 06.08.1984 to 11.05.1987Chairman List of Head and Chairman of the Department Dr. Abhinaya Chandra Saha From 12.05.1987 to 11.05.1990 Mr. Md. Abaydur Rahman Pramanik From 12.05.1990 to 11.05.1993 Mr. Md, Nazrul Islam From 12.05.1993 to 11.05.1996 Mr. Madan Mohan Dey From 12.05.1996 to 11.05.1999 Mr. Md. Abdullah-Al- Harun From 12.05.1999 to 11.05.2002 Dr. Md. Shah Alam From 12.05.2002 to 11.05.2005Chairman List of Head and Chairman of the Department Dr. Priya Brata paul From 12.05.2005 to 11.05.2008 Dr. Syed Zabid Hossain From 12.05.2008 to 11.05.2011 Dr. Subhash Chandra Sil From 12.05.2011 to 11.05.2014 Dr. M. Humayun Kabir From 12.05.2014 to 11.05.2017 Dr, Salma Banu From 12.05.2017 to 11.05.2020 Dr. Mohammad Main Uddin From 12.05.2020 to till to datena List of the Teachers Md. Abdullah-Al Harun Professor MCom (RU), MBA (Denver) Dr. Md. Shah Alam Professor MCom (RU), PhD (Delhi), Post Doctoral Research (Pune) Dr. Syed Zabid Hossain Professor Mom, MPhill (RU), PhD (Banaras), FDP (IIMA-India) Dr. Subhash Chandra Sil Professor MCom, LLB, MPhill (RU), PhD (Kalyani, India) Dr. M. Humayun Kabir Professor MCom, MPhil (RU), PhD (Ctg) Dr. Salma Banu Professor MCom (RU), PhO (NBU, India)List of the Teachers Dr. Mohammad Main Uddin Professor MCom (Ctg), MBA (IBA, RU), MPhill (RU), FDP (IIMA-India), PhD (RU) Dr. Dil Ara Hossain Professor MBS (RU), PhO (India) Dr. Md. Abdul Mazed Chowdury Professor "MSc (Jahang), PhD (RU) Mosammat Fahima Khatun Professor MCom (RU) Muhammad Manzur Murshedul Abedin Professor MCom, MPhill (RU) Dr. Md, Sayaduzzaman Professor ‘Mom (RU), FOP (IIMA-India), PhD (RU) nlList of the Teachers Dr. Md, Tazul Islam MBS (IU), PhD (IBS, RU) Dr. M. Ahsan Habib Professor MBS (RU) PhD (IBS, RU) Dr. Rokshana Begum Professor MCom (RU), PGD (Netherland), PhD (RU) Dr. Md. Anwarul Haque Professor MBS (RU), PhD (India) Dr. Md. Maniruzzaman ‘Associate Professor MBA (RU), PhD (RU) Dr, Md. Sumon Hossain Associate Professor MBA (RU), PhD (RU)List of the Teachers Md. Kamrul Hasan Shovon Assistant Professor MBA (RU) Md. Imran Hossain Assistant Professor MBA (RU) Sohel Mehedi Assistant Professor MBA (RU) ‘Sumi Saha Assistant Professor MBA (RU) Dr. Raj Kumar Moulick Assistant Professor MBA (RU), PhD (RU) Mst, Hasna Banu Assistant Professor MBA (RU) Saifuddin Khan Assistant Professor MBA (RU), ACCA (affiliate) 3List of the Officer Nur Mohammad Sardar Deputy Registrar MCom (RU) List of the Staff Md, Emdadul Haque Babul Md. Nurul Amin Peon’ Peon Md. Kaisar Rahman Risad Md. Hasin Peon PeonUNIVERSITY OF RAJSHAHI Faculty of Business Studies Department of Accounting and Information Systems Academic Curriculum for Bachelor of Business Administration (BBA) Degree Program SESSION: 2020-2021 FINAL EXAMINATION 2024 The course of study for the Degree of Bachelor of Business Administration (BBA) in Accounting and Information Systems shall consist of 40 courses of 100 marks each over four academic years. Each course will carry 03 credit hours. Of the 40 courses, 16 courses are core courses (CC) and common to all the Departments of the faculty of Business Studies. Of the total marks allotted to each course, 20% shall be earmarked for internal evaluation and 10% for class attendance. At the end of each Semester, there shall be Semester Final Examination of 70 marks of 03 hours duration for each course conducted during that Semester. In addition to the course assessment, there shall be a comprehensive Viva-Voce Examination for 03 credit hours at the end of each of the four years and at the end of 4" year, there shall be 3 credit hours internship program for 3 months, Course number for the internship program shall be BUS 499, Other course numbers for the BBA Program in 2020-2021 session shall be as follows: 1"Year (2020-2021) 1* Semester 2" Semester ‘ACT 101 Principles and Practices of Accounting- CC ‘ACT 102 Principles of Cost and Management ‘Accounting- CC BUS 103 Introduction to Business- CC BUS 106 Computer in Business CC STA 107 Business Statistics- CC ‘ACT 108 Taxation - CC BUS 104 General Commercial Law- CC MGT 105 Principles of Management- CC FIN 109 Principles of Finance- CC ECO 110 Micro Economics- CC 2Year (2021-2022) 1* Semester 2" Semester RCT 201 Intermediate Accounting- 1 ‘ACT 206 Cost Accounting- I MKT 202 Principles of Marketing- cc ACT 207 Audit and Assurance MAT 203 Business Mathematics~ CC BUS 208 Insurance BUS 204 Business Communication ~ CC BUS 209 Corporate Laws and Practices ECO 205 Macro Economics~ CC ECO 210 Bangladesh Economics- CC3" Year (2022-2023) 1* Semester 2™ Semester ‘ACT 301 Intermediate Accounting= II ACT 306 Cost Accounting- II FIN 302 Financial Management MAT 307 Mathematics for Business Decision Making ‘STA 303 Applied Business Statistics FIN 308 Investment Management [FIN 304 Bank Management ‘ACT 309 Advanced Financial Accounting-I ‘ACT 305 Advanced Taxation ‘ACT 310 Advanced Audit and assurance 4" Year (2023-2024) 1* Semester 2" Semester ‘ACT 401 Advanced Financial Accounting— I MGT 406 Organisational Behaviour ‘ACT 402 Managerial Accounting ‘ACT 407 Government Accounting BUS 403 Business Research Methods- CC ‘ACT 408 Accounting Information Systems FIN 404 International Finance MGT 409 Strategic Management BUS 405 Corporate Governance and Business. Ethics ‘ACT 410 Corporate Financial Reporting and Professional Issues 16FIRST YEAR FIRST SEMESTER Course Outline Course Code: ACT 101 Course Title: Principles and Practices of Accounting-CC Course Credit: 3 Course Description: Accounting is often called the language of business; it is the language that managers use to communicate the financial information of an entity both internal and external parties such as shareholders, lenders and creditors. This is the first course in accounting. The course begins with giving definition of accounting, describing the objectives of accounting, branches of accounting, basic concepts of accounting and covers the fundamental accounting topics such as accounting cycle; accounts hierarchy (account classes, account groups, accounts, subsidiary accounts); special journals related to credit purchase, credit sales, cash receipts and payments; accounting for inventories; and accounting for plant assets. This course pays emphasis on learning the basic arts and techniques of recording business transactions in the books of accounts following the double entry concept, posting entries to ledger accounts, preparing trial balance, making adjusting entries, and preparing the financial statements. Intended Learning Objectives (ILOs): ‘After completion of the course, students are expected to be able to: 1. Define and describe the basic accounting functions including its objectives. 2. Identify business transactions, record them in the books of account following the double entry system of book keeping, post entries to ledger accounts, prepare trial balance, make adjusting entries, and prepare financial statements for enterprises. 3. Determine how to classify inventory and inventory quantities, explain the accounting for inventories applying the inventory cost flow methods, explain the financial effects of the inventory cost flow assumptions, explain the lower-of-cost-or-market basis of accounting for inventories, indicate the effects of inventory errors on the financial statements, compute and interpret the inventory turnover. 4, Describe how the historical cost principle applies to plant assets, explain the concept of depreciation, factors affecting depreciation and how to compute it, distinguish between revenue and capital expenditures, explain how to account for the disposal of a plant asset. 5. Identify and describe the different forms of organizations and their accounting needs. Course Learning Outcome (CLO): Upon successful completion of the course, students should be able to: 1. Define and describe the basic accounting functions and its objectives. 2. Record business transactions in the books’ of account, transfer entries to respective ledger accounts, prepare trial balance, pass adjusting entries and financial statements of service and merchandising enterprises. 3, Determine the value of inventory under different methods of inventory valuation, describe the historical cost principle that applies to plant assets and determine the amount of depreciation of a plant asset under different depreciation methods. Learning Course content Outcomes: Definition of accounting, Branches of accounting, Users and uses of accounting, cio1 | Generally Accepted Accounting Principles (GAAP). Basic operating guidelines of making entries in books of accounts and preparing financial statements. Explain what an account is and how it helps in the recording process; State the croa | Eee inting equation, and define its components, Define debits and credits and "Sxplain their use in recording business transactions; Identify the basic steps in the recording process; Explain what a journal is and how it helps in the recording process. clot Explain what a ledger is and how it helps in the recording process; Explain what posting is and how it helps in the recording process; Prepare a trial balance and explain its purposes. cLo2 ‘Analyzing the effects of business transactions on accounting equation; Understanding the purposes and use of four financial statements and how they are prepared. cLo2 Explain the time period assumption; Explain the accrual basis of accounting; Explain the reasons for adjusting entries and identify the major types of adjusting entries. cLo2 Prepare adjusting entries for deferrals; Prepare adjusting entries for accruals; Describe the nature and purpose of an adjusted trial balance. Prepare a worksheet. cLo2 ‘Approaches to preparing correcting entries. Process of closing the books; Content and purpose of a post-closing trial balance; Steps involved in the accounting cycle. Different sections of a classified Balance Sheet. cLo2 Basic concepts of an accounting information system; Nature and purpose of a subsidiary ledger; How companies use special journals in accounting. Exercise on special journals cLo3 Differences between service and merchandising companies; Steps in the accounting cycle of a merchandising company; Distinguish between a multiple-step and a single-step income statement. cLo3 How to classify inventory and inventory quantities; Accounting for inventories and apply the inventory cost flow methods. Recording process of merchandising inventory under periodic and perpetual inventory systems, cLo3 Financial effects of the inventory cost flow assumptions; The lower-of-cost-or- market basis of accounting for inventories; Effects of inventory errors on the financial statements; Compute and interpret the inventory turnover. cLo3 How the historical cost principle applies to plant assets; Concept of depreciation and how to compute it; Distinguish between revenue and capital expenditures and explain the entries for each; How to account for the disposal of a plant asset. Discussion on different depreciation methods and Exercise on them. Teaching-learning strategy: + Lecture/Exercise ‘+ Presentation/Open discussion/Debates Attendance Assessment Strategy: © Attendance (10); + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and + Final Examination (70). Suggested Reading Lists/ 1. Weygandt, Kimel&Keiso 2. Hermanson et. al. 3. Welsch, Newman &Zlatkovich + Accounting Principles ‘Accounting Principles + Intermediate Accounting 4, International Accounting Standard Board (IASB) _: International Financial Reporting Standards(IFRS) 5. ICAB Manual + Accounting- Certificate Level. 18Course Code: ACT 102 Course Title: Principles of Cost and Management Course Credit: 3 Rear Course Description: All firms, regardless of the industry type, make use of a range of management accountin techniques to accumulate and track the costs of their products Or services, Therefore, intending accountants need to know the costing techniques, understand the basic cost terminology and cost allocation methods, and be able to provide management with relevant information to inform their decisions. An effective cost accounting system provides information that can impact operational performance of an entity. This course will explain how cost accounting information plays its role in ‘measuring, analyzing and reporting information that relates to the cost of obtaining and using an entity's resources. Students will be learning the ways of assigning various costs such as direct costs, Indirect costs, fixed costs, variable costs, inventorial cost and period costs. On completion of this course, students should be able to explain the basic terminologies, concepts and principles of cost and management accounting, prepare cost sheet of goods manufactured, track the cost accounting cycle, understand how double entry system works in cost accounting within an integrated system of recording business transactions and be able to reconcile the cost and financial accounting data, Particular emphasis is paid to determining cost behavior, explaining how managers Use this concept, identifying variable, fixed, and mixed costs, and separate mixed costs into their variable and fixed components which actually lay the foundation for advanced financial planning and budgets. Intended Learning Objectives (ILOs): After successful completion of the course, students should be able to: 1. Define the basics terminologies used in cost accounting, understand the importance & advantages of cost and management accounting, differentiate between cost & financial accounting, and be introduced with the various methods of costing including the limitations of cost accounting. 2. Identify the elements of costs, define various cost terms and concepts, prepare cost sheet and determination of profit. 3. Follow the cost accounting cycle, understand the double entry system used in an integrated system of accounting and reconcile the cost and financial accounting information. 4. Understand the nature of cost behavior; define and determine fixed cost, variable costs and mixed cost including knowing the technique of segregating mixed cost. Course Learning Outcome (CLO): Upon successful completion of the course, students should be able to: 1. Understand and explain the terminologies and concepts commonly used in cost and management accounting and be familiar with different costing methods and techniques. 2. Describe the various elements of costs and prepare cost sheet showing various stages of cost accumulation and the results of production processes i.e., profit or loss. Understand the way double-entry system works in an integrated system of accounting and reconcile the cost and financial accounting information within the cost accounting cycle. Define and determine the nature of fixed cost, variable costs and mixed cost including the techniques of segregating mixed cost. 3.Learning Outcomes: Course content Meaning, objects, importance & advantages of cost accounting, differences clos between cost & financial accounting, relationship between cost & financial accounting, methods of costing, limitations of cost accounting, Definition, objects, importance, scope of management accounting, difference co1 between financial accounting, cost accounting and management accounting, Uses of accounting for management purposes, limitations of management accounting, functions of CMA, CMA profession in Bangladesh. clo2 Elements of costs: cost terms and concepts, classification of cost, preparation Cf cost sheet, determination of profit. Cost accounting cycle: double entry system in cost accounting, control cLo3 accounts, integrated system, separate system, reconciliation of cost and financial accounting information Cost behavior in decision makin ixed cost and variable costs, behaviour of 04 fixed cost, classification of fixed cost, behaviour of variable cost, classification of variable cost, mixed cost, behaviour of mixed cost, segregation of mixed- cost. clo4 Total cost, cost per unit, behaviour of cost per unit, product cost and period cost, relevant and irrelevant cost. Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates + Attendance Assessment Strategy: © Attendance (11 * In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and + Final Examination (70), Books Recommended: 1. Garrison R.H, & Noreen E.W. — : Managerial Accounting 2. Usry, Hammer & Carter + Cost Accounting 3. Horngren, C.T. 2 Cost Accounting Course Outline Course Code: BUS 103 Course Credit: 3 Course Description: Business can mean different things to different people. This course introduces students with the fundamentals of business organizations. Contents of the course include issues related to business ‘and economics in Bangladesh. Focus is given to the entire framework of doing businesses from the very beginning. Students will become familiar with the different kinds and forms of business organizations, and their role in developing industries and economies. By taking this course, students will earn the legal, entrepreneurial, social, environmental, and political aspects of starting businesses in a changing global scenario. It does include the organizations that facilitates the formation and development of business entities in Bangladesh. Other areas of the course are trade policies and practices followed in Bangladesh relating to export and import along with the associated problems ‘and measures to overcome those problems; business combinations and integration: types, levels of internal and external integration, growth of MNCs, EPZs, SEZs in Bangladesh; and aspects of business ethics. Course Title: Introduction to Business-cc 20Intended Learning Objectives (ILOs): After successful completion of the course, students should be able to: 1, Demonstrate a general understanding of the business organizations and their their different types in the global context; Discuss the various forms of business organization along with their relative merits and demerits, legal aspects to get it incorporated and started, and other factors to be considered in locating an unit of operation; Recognize different organizations engaged in Bangladesh to facilitate, promote, provic ‘support services both in the private and public sectors. 4. Appraise the different aspects of trade policies and practices followed in Bangladesh relating to export and import along with the associated problems for overcoming those problems; 5. Understand the various nature and forms of business combinations and integration and follow the growth of MNCs, EPZs, SEZs and other initiatives taken to develop businesses in Bangladesh; Recognize the need of business ethics and role of Personal and institutional responsibilities towards making a developed nation economically. 2 Course Learning Outcome (CLO) : Upon successful completion of the course, students should be able to: 1, Define business organizations and explain their different types and forms in the rapidly changing business world; 2. Identify the various types and forms of business organization and describe th merits and demerits along with the legal aspects of their operations; 3. Summarize the different organizations engaged to facilitate, promote, provide support services to business units both in the private and public sectors in Bangladesh, 4. Appraise the different aspects of trade policies and practices followed in Bangladesh relating to export and import along with the associated problems for addressing those problems; 5. Understand the various nature and forms of business combinations and integration, follow the growth of MNCs, and the EPZs, SEZs and other initiatives taken by the Government to develop businesses in Bangladesh; 6. Recognize the need of business ethics and role of personal and institutional responsibilities towards making a developed nation economically. relative ane Course content Outcomes Introduction: Definition, Features, Importance and Scope of Business. Industry= CLO4 | Types of Industry. Commerce Branches of Commerce. Cio z__| Location of Business: Factors to be considered in Selecting a Suitable Business Site- Rural Vs Urban Location. Forms of Business Organisation: Sole tradership, Partnership, Joint Stock cLO2 Company, State Enterprise, Co-operative Societies. Effectiveness of Various Forms of Business Organisation in Bangladesh, Institutions for promotion of Business: Support Services of Government Institutions- Chamber of Commerce and Industry, Trade Associations Dhaka CLO3 | stock Exchange, Chittagong Stock Exchange and Bangladesh Securities & Exchange Commission (BSEC). cLo4 ‘Trade Practices in Bangladesh: Commercial Policy- Import Procedure- Export Procedure- Formalities~ Problems and Measures to overcome them. 21jon and Integration: Types, Levels of Internal and External Business Com EPZs_ in CLOS | Integration, Advantages and Disadvantages. Growth of MNCs, Bangladesh, : Business Ethics: Nature, Morale Development of Persons and Institutions, CLOG | Responsibility - Principles, different Uses & Difficulties. Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates + Attendance Assessment Strategy: ‘+ Attendance (10); + Incourse Saomiaton/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and ‘+ Final Examination (70). Books Recommended: ‘+ Kollins, K, : An Introduction to Business Course Outline Course Code: BUS 104 Course Title: General Commercial Law-CC Course Description: is course provides an introduction to commercial laws as a whole combined with in-depth coverage of some specific aspects. The first portion of the course covers fundamental principles of the Law of Contract as applies to business transactions. Topics include under the law of contract are pre-contractual duties, interpretation, third party rights, and remedies for breach of contract etc. The course also deals with how commercial disputes are resolved concentrating on international context and the role of arbitration. The third part of the course focuses on two particular kinds of commercial dealings e.g., financial transactions and the sale of goods. These issues are chosen to illustrate the kinds of problems arise across different market sectors in doing businesses. The objectives of the course are to give a fair view of the laws relating to doing business transactions so that they can apply these rules in a wide range of business dealings. Intended Learning Objectives (1L0s): Upon completion of the course, students are expected to: 1. Appreciate the relevance of commercial laws to individuals and business organizations. 2. Identify the fundamental principles behind contractual agreements in light of the Contract ‘Act, 1872. : 3. Know the salient features and important aspects of the Partnership Act 1932, ‘4. Appraise the importance of various negotiable instruments in carrying out todays business world and explain various terms relating to negotiable instruments, their specific uses under the Negotiable Instruments Act, 1881. : 5. Describe the important provisions of the Sale of Goods Act, 1930 with particular reference to the essential elements of contract for the Sale of Goods, stipulation of Sale, and transfer of ownership. : 6. Be acquainted with the important aspects of the In 5 itrati 1996; and laws relating tothe Intellectual Property fers odour, agian “ 2Course Learning Outcome (CLO): Upon successful completion of the course, students should be able to: 1. Describe the relevance of mercantile laws to individuals and business organizations. 2. Explain the important principles of the Contract Act, 1872. 3. Discuss the salient aspects of the Partnership Act 1932. 4. Explain the importance of negotiable instruments in todays business world and comply with the specific application of the Negotiable Instruments Act, 1881. 5. Describe the provisions relating to the essential elements of contract for the Sale of Goods, stipulation of Sale, and transfer of ownership in light of the Sale of Goods Act, 1930. 6. Understand the important aspects of the Insolvency Act, 1997; the Arbitration Act, 1996; and laws relating to the Intellectual Property Act, Patents and Copy Rights Act. Learning Outcomes: Course content Definition of Mercantile Law or business law; scope of Mercantile Law; main sources. cLO1 | of Mercantile Law and importance of Mercantile Law or business law in todays complicated business world. Law of Contract (The Contract Act 1872): Definition, Essential elements of Contract, Classification of Contracts, Offer and Acceptance, Consideration, Capacity to Contract, Free Consent, Contract made through Agents, Remedies for Breach of Contracts. Partnership Act, 1932: Definition of Partnership, Essential elements of Partnership, CLO3 _| Formation of Partnership Firms, Relationship of Partners and their Powers, Rights and Duties, Dissolution of Partnership and its consequence. Negotiable Instruments Act, 1881: Definition and Nature of Negotiable Instruments, CLO.4 _| Types of Negotiable Instruments, Rights and Liabilities of Different Parties associated with Negotiable Instruments, Dishonor of Negotiable Instruments. Sale of Goods Act, 1930: Definition, Essential Elements of Contract for the Sale of Goods, Stipulation of Sale, Transfer of Ownership. Carriage of Goods Act: Carriage of Goods by Road, Sea and Air, Laws Relating to Goods by Road, Sea and Air. Insolvency Act, 1997: Bankruptcy and its Nature, Effects of Bankruptcy and cLo.6 | Discharge of Liability. Arbitration Act, 1996: Meaning, Importance, Implications and Uses. Intellectual property Act, Patents and Copy Rights Act. cLo2 clos cLo6 Teaching-learning strategy: * — Lecture/Exercise + Presentation/Open discussion/Debates + Attendance ‘Assessment Strategy: * Attendance (10); + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and © Final Examination (70).Books Recommended: 1. Sen, AK and Mitra, 3 K Commercial Law and Industrial Law 2. Kuchhal M. C. : Mercantile Law 3. Govt. of Bangladesh «Contract Act-1872. Partnership Act-1932, Sales of Goods Act, Carriage of Goods Act, Companies Act-1994, Negotiable Instruments Act-1881, 4. TCAB Manual + Business Law- Certified Level. Course Outline Course Code: MGT 105 Course Title: Principles of Management-CC Course Credit: 3 Course Description: This is an introductory course on management and it will cover the basic managerial functions of planning, organizing, staffing, directing, and controlling resources to accomplish organizational goals. The system approach of management and the role of managers at each functional level of organizations will be emphasized, In addition, a special emphasis will be placed on the skills that are necessary for a manager to accomplish organizational goals and objectives in an efficient and effective manner. The course will provide an overview covering the various approaches and concepts for an overall understanding of the management's role in ever changing business environment and modem business organizations including a discussion on the evolution of Management as a distinct discipline of study. Intended Learning Objectives (ILOs) (Maximum of 5 ILOs): At the end of the course, students are expected to be able to: 1. Explain and define management, organization and the roles of managers. 2. Justify the need for and processes of planning across different management levels and global operations. 3. Organize and utilize the resources of an organization for successful implementation of plans and policies. 4. Understand the importance and processes of establishing controls over orgai activities. Course Learning Outcome (CLO): Upon successful completion of the course, students should be able to: 1, Define management, describe the important functions of management in an organization and understand the roles of managers. 2. Explain the need for and processes of planning made at different functional levels and in global operations. 3. Plan, organize and utilize the limited resources of an organization in implementation of business plans and policies. 4. Describe the importance and means of establishing controls over organizational activities. Learning Course content Outcomes: tional Development of Management Thought; Purpose and Principles of Management; CLO1 [Management Functions, Managerial Skils, Types of Managers, Management Process. lUnderstanding the Manager's Job; Planning and Strategic Management> i CLO1 Ioecision Making regi gement; Managing) 24cLo1 [The Environment of Organizations and Managers; Organization Structure and] (Design; Organization Change and Innovation, cLo2 Planning: Meaning, Nature, Types, Objectives, Steps, Limits to Planning, Global Planning. cLo3 |Decision Making: Decision Making Process, Problem and Opportunity Findings,| |Nature of Managerial Decision Making, Other Factors in Decision Making, Decision] [Support Systems. cLo3 (Organizing: Meaning, Nature, Purpose, Types of organization, Organizational istructure, Span of Management, Departmentalization, Delegation of Authority, {Centralization and Decentralization, Coordination, Global Organization. taffing: Human Resources Management and Selection- Performance Appraisal ani (Career Strategy- Managing Change through Manager and Organizatio Development. |Leading: Human factors and Motivation= Leadership- Committee and Group Decision| Making- Communication- Relevant Leadership Theories. ‘ontrolling: Meaning— Basic Control Process, Critical Control Point and Standards: ‘ontrol as a Feedback System, Control as a Feedforward System, Requirements fc [Effective Controls. Global Controlling and Global Challenges: Controlling Practices it Japan, The United States, and China, Controlling Practice in Bangladesh. Teaching-learr ig strategy: © Lecture/Exercise ‘+ Presentation/Open discussion/Debates + Attendance Assessment Strategy: + Attendance (10); ‘+ In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and + Final Examination (70). Suggested Reading Lists/Essenti Readings 1. Welhrich, H and Koontz, H : Management- A Global Perspective 2. Griffin R. W. : Management 3. Newman W. H. + Administrative Action 25FIRST YEAR SECOND SEMESTER Cor ¢ Outline Course Code: BUS 106 Course Title: Computer in Business-CC Course Cred Course Description: This is course is specially designed for business professionals, founders, and decision-makers in generally. This course takes a top-down approach, emphasizing mastery of high-level concepts and design decisions related thereto. They will emerge from this course with first-hand appreciation of how it all works and all the more confident in the factors that should guide your decision-making. ‘Through lectures on different topics, this course empowers students to make technological decisions even if s/he is not a technologist. Intended Learning Objectives (ILOs) (Maximum of 5 ILOs): At the end of the course, students are expected to be able to: 1, To Describe the basic concepts of software development and project management. 2, To illustrate how computers and communications networks including cloud computing and block chain work. 3. Justify different types of Information Technology (IT) used in organizations. Course Learning Outcome (CLO) : Upon successful completion of the course, students should be able to: 1. Define and describe the basic concepts related to software development and project management. 2. Explain how computers and communications networks including cloud computing and block chain work. 3. Discuss the different types of Information Technology (IT) used in organizations. Course Outcomes (COs), Program Outcomes (POs) and Assessment: wo Domain Tevel of] Dalvery methods and No. CES Jearning taxonomy activities. Assessment tools @ Tedure Note | BI Cass Test ‘To Describe basic concepts of m . | O Text Book ®B Final Exam cox | sofware development and | Coantve domain: | & Avsoyvdeo 1D Assignment project management. @ Web Material CO Participation 1 Journal paper __| © Presentation To ilustrate how computers GY Lecture Note Gass Test and communications O Text Book ®& Final Exam coz | retworstncudng cous | CoBMUVE domain: | xseraco | & Atagnet ‘computing and block chain @ Web Material Participation work 3 Journal paper__| ©. Presentation @ Lecture Note | O-Gass Test Justify Different types of _ | G Text Book O Final Exam cos | tniornavon Tecnology used | Comtive domain: | Aiwoyvdco | elassanment in organizations. @ Web Material & Participation © Jounal paper __| © Presentation Marks Distribution: + Attendance (10); * In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and + Final Examination (70). 269. 10. “i Teaching-lear . Course Contents: Introduction to Computers: History, Basic Concepts, Essential Terminologies, Components, CPU, Input Device, Output Device, Advantages & Disadvantages of Computerization, Storage Concepts, Storage Devices, Computer Network and Communication Concepts. Computational Thinking: Binary, ASCII - Other Representations, Abstraction, Algorithms, Pseudocode, Algorithmic Complexity, Data in Memory, Searching, Hash Tables Programming Languages: Algorithm, Flowchart, Programming Languages, Assemblers, Compilers, Interpreters, Linkers, System Utilities. What is coding? Programming Constructs: functions, loops, variables, conditions, Conditions, Compilation, Different Languages Internet Technologies: Protocols, How the Internet Works, DHCP, DNS, TCP, UDP, Traceroute, Undersea Cabling, TCP/IP, HTTP, HTML Web Development: IDE, hello program, image, link, heading, paragraph, list, table, search, CSS, Introducing to JavaScript, DOM. Technology Stacks: Front End, Back End, Databases, SQL (and NoSQL), Storing Information, NoSQL, Mobile Cloud Computing: What is cloud computing? Origins, Cloud Solutions, Caching, SPOF: Single Point of Failure, Costs, IaaS - Infrastructure as a Service, Virtual Machines, PaaS, SaaS = Platform and Software as a Service, Databases Cryptocurrency and Blockchain: Single, Double and Triple-entry ledger, Blockchain, Gryptocurrency, Decentralized Networks and Ledgers, Types of Blockchain, How Blocks are Created, Cryptography and Hashing, mining a Block, Types of Consensus, Blockchain and Ethereum, Blockchain Use Cases, Blockchain Adoption. AI and Machine Learning: AI terminology, including neural networks, machine learning, deep learning, and data science. What AI realistically canandcannotdo. apply AI to organization. Work with an AI team and build an AI strategy inside company.Navigate ethical and societal discussions surrounding Al Business Data Processing: Elements, Purpose of Data Processing, Operation Structure, Concepts, Modern Techniques, Security and Control, Office. Automation System (OAS), Enterprise Computing, Enterprise Resource Planning (ERP), E-Commerce, E-Banking. Computer in Bangladesh: History, Modern Trends in Information & Communication Technology, Digitization in Public & Private Sector, Problems & Prospects in Digitalization, ICT Act. ig strategy: Lecture/Exercise Presentation/Open discussion/Debates Attendance Assessment Strategy: Attendance (10); , In course Examination Tutorial/ Quiz/ Class Test (as per ordinance) (20); and Final Examination (70). Text Book: 1. Darrell Hajek, Cesar Herrera Introduction to Computers, 2018 Books Recommended: 1. Davis William S. + Computers and Business Information Processing 27Course Outline Course Code: STA 107 Course Title: Business Statistics-cc Course Credit: 3 Course Description: This is a core course designed for all the Departments of the Business Studies Faculty of the University. Statistics is how we gather, analyze, and interpret data. A course in basic statistics is offered in a wide variety of disciplines - from the social sciences to business to the natural sciences, The same statistical methods are applied across disciplines. Therefore, it should not be surprising that the tools you will learn to use in this course will benefit you in your future courses and careers regardless of whether your career interest is Finance, Accounting, MIS, Management or Marketing, In this course you will learn basic descriptive statistical methods, sampling methodology, how to draw inferences from samples to larger populations and how to make predictions based upon historical relationships between variables. This course consists of an introduction to business statistics including the methods of describing, summarizing, graphically presenting, measuring and analyzing statistical data, probability distributions, variance applications, sampling distributions and index numbers. Emphasis for the course is given on how to apply the various statistical tools and techniques in support of managerial decisions at various functional areas of business and management. Students will be allowed to use the recommended calculator to present and analyse statistical data. Intended Learning Objectives (ILOs): At the end of the course, students are expected to be able to: 1. Organize and display data into a frequency distribution and construct different types of graphs using statistical software. 2. Arrange ungrouped data into an array and determine the mean, median, mode, percentiles and quartiles. 3. Compute the different measures of dispersion for a given data e.g., the range, mean deviation, variance, and standard deviation etc. and recognize the shape of the distribution i.e., symmetric and asymmetric. 4, Understand the meanings of correlation and regression, determine their values, and explain the relationships between sets of data, 5. Distinguish between probability and non-probability sampling and understand what are meant by simple random, systematic, stratified, and cluster samples. Course Learning Outcome (CLO): Upon successful completion of the course, students should be able to: 1, Arrange and display data into a frequency distribution and construct different types of graphs using statistical software. 2. Organize ungrouped data into an array and calculate the mean, median, mode, percentiles and quartiles of the data. 3. Calculate and explain the various measures of dispersion for a given set of data and demonstrate the shape of the distribution, 4, Determine the magnitude of correlation and regression and explain the nature of relationships between sets of data. 5. Define probability and non-probability sampling and describe what are meant by simple random, systematic, stratified, and cluster samples, 2%Learning Outcomes Course content 1 Introduction: Definition, Nature, Scope, Functions, Limitations, Uses of Statistics in business, Data Presentation: Classification & Tabulation of Statistical Data, Frequency Distribution and Graphical Representation of Data. 2&3 Measures of Central Tendency: Mean, Median & Mode, Their Computations and Properties, Problems; Measures of Dispersions: Range, Mean deviation, Standard Deviation, and Coefficient of variations. 1&5 Skewness, Moments and Kurtosis: Moments from Arbitrary value, Moments from Mean, Relation among the Moments, Measures of Skewness & Kurtosis and their Uses. Regression and Correlation: Difference between Regression and Correlation analysis, Regression line, Scattered Diagram, Regression Equation, Regression Coefficients, Significance of the Study of Correlation and Causation, Coefficients of Correlation, Rank Correlation Coefficients. Probability: Meaning, Addition and Multiplication Theorems, Sample Space, Events, Marginal and Conditional Probability, Statistical Independence of events, Baye’s Theorem, Expected Value. Index Number: Construction of Price, Quantity, Value and Cost of Living Index Numbers, Problems of Construction, Ideal Index, Tests and Uses of Index Number. Sampling: Sampling & Census, Advantages and Disadvantages of Sampling over Complete Counting, Different types of Sampling. Social Surveys, Planning of Surveys, Different Methods of Securing Information, Schedule, Questionnaire, Published Statistics in Bangladesh. Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates + Attendance Assessment Strategy: © Attendance (10); ‘+ In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and * Final Examination (70). Suggested Reading Lists/Essential Readings 1, Rubin and Levin + Statistics for Management 2. Runyon and Haber : Business Statistics 3. Ross H. Johnson + Business Statistics 4. Gupta S.P. & Gupta M.P. 5, Lind, Marchal and Wather & Economics Business Statistics statistical Techniques in Business 29Course Code: ACT 108 Course Outline Taxation-CC Course Credit: 3 Course Description: This course is designed to give students an idea about the basic principles and philosophies of public finance in Bangladesh in general and Income tax, VAT , Wealth tax and Customs duty In particular. Topics covered under this course range from the basic concepts of tax, tax authority, classifications or heads of income, tax calculation from salary income, income from interest on securities, income from house property, income from agriculture, income from business /profession, capital gain tax, tax deducted at source to Imposing penalty for non-compliance of the income tax ordinance including the topics relating to tax evasion and avoidance and their preventive measures. Intended Learning Objectives (ILOs): After completion of the course, students are expected to be able to: 1. State the principles of public finance, and objectives of taxation including the tax incidence and shifting of tax burden. Describe the history of Income Tax Act, define income for income tax purposes, classify income and determine their effects on tax liability. 3. Recognize the heads of income, learn the methods of computing income and allowable deductions under each head, determine total income and calculate the tax liability of an individual assesse for a particular income year. 4. Understand the administrative and judicial tax authorities in Bangladesh with their respective roles, duties and authorities. 5. Illustrate the Value Added Tax, Wealth Tax, Custom Duty, Gift Tax, Concepts, operative in Bangladesh. 6. Discuss tax evasion and tax avoidance methods and techniques with necessary preventive measures. Course Learning Outcome (CLO): Upon successful completion of the course, students should be able to: 1. Explain the principles of public finance and objectives of taxation. 2. Define income for income tax purposes, classify income and determine their effects on tax liability. 3. Identify the heads of income, determine total income and calculate tax lia individual for a particular income year. 4, Describe the authorities in Bangladesh for taxes with their respective powers, duties and ity of an responsibilities, 5. Distinguish among Value Added Tax, Wealth Tax, Custom Duty, and Gift Tax operative in Bangladesh. Learning Outcomes Course content cLoa _ | Principles of Public Finance: Types of taxes in Bangladesh, Objectives of ‘Taxation, Incidence and Shifting of burden. History of Income Tax Act: Income for Tax Purposes, Characteristics, cto2 Classifications of Income and their Effects, Exemptions, Income Year and Assessment Year, Assesses, Residential Status of Assesses and Tax Liability, Locales of Income, Determination of Total Income. 30cLo3 _| Heads of Income: Methods of Computing Income and Allowable Deductions under each Head. CLO3 _ | Assessment procedure: TIN, Tax Return and Assessment of Individuals, cLo4 | Tax authorities in Bangladesh: Administrative, Judicial, Appeal, Revision and Penalties, clos _ | Value Added Tax: Concepts, History, Evolution, Features of VAT in Bangladesh, VAT Authorities in Bangladesh. CLOS | Wealth Tax, Custom Duty, Gift Tax: Law and Practices. CLOS | Tax Evasion & Avoidance- Methods & Techniques- Preventive Measures. Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates + Attendance Assessment Strategy: ‘+ Attendance (10); + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and ‘+ Final Examination (70). Recommended Resources: 1. Income Tax Ordinance, 1984 and Finance Acts. 2. Morshed, M. & Others: Income Tax 3. Nikhil and Others : Bangladesh Income Tax 4. Sayeed, Khaja Amjad: Income Tax 5. ICAB Manual :Taxation- Certificate Level. Course Outline Course Code: FIN 109 Course Title: Principles of Finance-CC Course Credit: 3 Course Description: Principles of Finance discusses about the role financial managers play in businesses and financial market environment in which firms operate. This course guides the students to understand the fundamentals of business finance (for example, time value of money concept, risk and return measurement, long-term investment valuation, financing techniques) for the successful accomplishment of firm goal, i.e., wealth maximization. Therefore, this course is aimed to help developing the understanding of the students on smart financial manager attributes which would result in developing the future leaders in the financial market environment, Intended Learning Objectives (ILOs) (Maximum of 5 ILOs): After attending the course, students are expected to 1. Understand the conceptual framework and financial theories, goal of firms, and role of financial managers in a firm. 2. Explain the basic concepts of time value of money, risk and returns associated with investment, and will be able to apply different tools and techniques to determine the time value of money, risk and returns thereof. Examine the valuation methods critically of the long term investments. Discuss the various sources of intermediate and long term financing decisions including leasing and capital budgeting. 31Course Learning Outcome (CLO) : Upon completion of the course, students should be able to: 1. Describe the elementary issues on business finance. 2. Explain and determine the time value of money, risk and return on investments, value of long term investments 3._Describe the concepts relating to Intermediate and ong term financing decisions. Learning Outcomes CLOA | Conceptual framework, financial decision making process, role of financial managers in a firm ‘CLO _ | Finance goal, agency theory, stakeholder theory CLO2 | Concept of time value of money, role of time value in finance, use of computational tools ‘LOZ | Concept of future value and present value, calculation of future value and present value for single amounts | CLO2 | Calculation of future value and present value of annuities, finding present value of perpetuity ‘€LO2 | Finding the future value and present value of mixed streams, understanding the effect of compounding interest on future value €LO2 | Concept of risk, return, risk preferences, risk measurement of single asset Course content CLO2 | Risk measurement for a portfolio, standard deviation and correlation concepts cLo2 Risk return characteristics of a portfolio in terms of correlation, diversification, the capital asset pricing model cLo2 Interest rate fundamentals; idea on features, yields, prices, ratings, types, and international issues of corporate bonds CLO2 | Applying basic valuation model to get bond value, yield to maturity and its calculation €LO2 | Concept of debt and equity, stock features, concept of market efficiency and stock valuation under zero growth, constant growth, and variable growth models, LOZ | understand the elementary concepts of intermediate and long term financing decisions, and leasing Teaching-learning strategy: * Lecture/Exercise + Presentation/Open discussion/Debates * Attendance Assessment Strategy: + Attendance (10); + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and ‘+ Final Examination (70). Books Recommended: ‘+ Principles of Managerial Finance- Gitman8Zutter, 14th Edition (Global Edition) 32Course Outline Course Code: ECO 110 Course Title: Micro-Economics-CC Course Credit: 3 Course Description: This course is designed for business graduates to understand the micro economic variables in the context of developing economies like Bangladesh in especial and the global context in general. The economic strategy formulation process is covered by the six thematic areas including the nature and scope of economics, theory of demand, theory of supply, theory of production, theory of firm and theory of distribution, Intended Learning Objectives (ILOs): After completion of the course, students are expected to be able to: 1, Understand the fundamental principles of economics with norm: approaches. 2. List the overview of various theories related to the micro economic veriables. 3. Describe the law of diminishing marginal utility and and its practical implications in various theories Course Learning Outcome (CLO) : Upon successful completion of the course, students should be able to: 1, Recognize the fundamental principles, nature and scope of economics; distinguish between micro and macro economics including the positive and normative economics. 2. Define the fundamental principles of law of diminishing marginal utility, explain the law of demand, demand curves, elasticity of demand and consumer surplus. 3. Explain the supply curves, elasticity of supply and exceptional supply curves. 4, Discuss the production function, law of diminishing marginal returns, returns to scale, ‘opportunity cost and least cost combination, 5, Interpret the market structure and price determination under various market conditions. 6. Identify the drivers of theory of distribution including rent, wages, interest and profit e and positive Lem Course content Outcomes CLO 1 | Fundamental Economie Laws and principles, Normative and Positive Economics. CLO _2 __| Law of Diminishing Marginal Utility and Practical Implications Theory of Demand, Demand Curves and Elasticity of Demand coz ‘Consumer Surplus Theory of Supply, Supply Curves and Elasticity of Supply, Exceptional Supply cLo3 Curves “Theory of Production and Cost, Production Function, Diminishing Returns and CLO4 | returns to scale, Various Economic Concepts of Cost, Theory of Firms rium of Firm and Industry, Price Determination under ‘Market Structure and Equi CLO5 | ifferent Market Conditions. CLO 6 | Theory of Distribution: Rent, Wages, Interest and Profit Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates + Attendance 33Assessment Strategy: + Attendance (10); + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and * Final Examination (70). Recommended Resourc Books 1, Deweett KKK : Modern Economic Theory 2. AhujaH.L —: Modern Microeconomics Selected articles from the following journals: 1, International Journal of Productivity and Performance, Emerald Insight. 2. Agricultural Finance Review, Emerald Insight. 3. International Journal of Manpower Emerald Insight. 4. International Journal of Social Economics, Emerald Insight. 5. Journal of Economic Studies, Emerald Insight. 34SECOND YEAR FIRST SEMESTER Course Outli ine Course Title: Intermediate Accounting-I Course Description: This Intermediate Accounting-I course is designed to cover a relatively higher conceptual and related Practical aspects of accounting to be taught at 2” Year 1% Semester for the BBA in Accounting. It covers important areas and functions of accounting such as conceptual framework of accounting and financial reporting, accounting for receivables, revenue recognition principle, accounting for current liabilities, contingencies, intangible assets, consignment, joint venture, non-trading concerns and partnership firms, Intended Learning Objectives (ILOs): After completion of the course, students are expected to be able to: 1, Understand the meaning and usefulness of a conceptual framework of accounting and financial reporting, identify the qualitative characteristics of accounting information and define the basic elements of financial statements. 2. Define receivables, identify different types of receivables and explain the accounting issues related to recognition of accounts receivable. 3. State and apply the revenue recognition principle of accounting. 4. Describe the nature, type, and valuation method ofcurrent liabilities including their presentation and analysis. 5. Understand the nature of intangible assets, their originations and recognition in the books of accounts. 6. Define the nature of consignment, joint venture, non-trading concerns and partnership firms and prepare financial statements for those organizations. Course Learning Outcome (CLO): Upon successful completion of the course, students should be able to: 1. Describe the meaning and usefulness of a conceptual framework of accounting and financial reporting indicating the qualitative characteristics of accounting information and the basic elements of financial statements. 2. Define receivables and explain the issues related to its recognition and recording in the books of accounts. 3. Describe and apply the revenue recognition principle in recording business transactions. 4. Describe the nature, type, and valuation method of current liabilities and their presentation and anal 5. Recognize intangible assets including their origination and be able to measure their values. 6. Identify the nature of consignment, joint venture, non-trading concerns and partnership firms and prepare financial statements for those organizations. Learning Course content Outcomes: clot Conceptual framework of accounting and financial reporting; objectives of General Purpose Financial Statements; Users and their Information Needs; Underlying Assumptions; Qualitative Characteristics of Accounting Information; Elements of Financial Statements; Recognition and Measurement of Elements. Definition of Receivables; types of receivables; how companies recognize accounts CLO2 | receivable; methods used to value accounts receivable; (IAS-39), (IFRS-9). Measurement of bad debt expense and entries to record the disposition of cLo2 accounts receivable; computing the maturity date of and interest on notes receivable; : Recognition, valuation and entries to record the disposition of nates receivable; CLO2 | statement presentation and analysis of receivables, 35 clocLo3 TFRS-15 (Revenue from contracts with customers): recognition principle, the sale ‘of goods, the reddening services-revenue generated on entity assets, measurement and disclosure. cLo4 Current Liabilities and Contingencies: Nature of current liabilities, accounts payable, notes payable, short-term obligations, liabilities from advance collections; valuation of current liabilities; disclosure of current liabilities in the financial statements; provisions, contingent liabilities and contingent assets, (IAS-37), (IFRS-7).. clos Intangible Assets: Identifiable and unidentifiable intangibles, acquired externally ‘or developed internally, initial recognition and measurement, measurement after initial recognition, research and development cost (IAS-38), impairment of intangible assets. cLo6 ‘Accounting for Joint Venture: Jointly Controlled Operations, Jointly Controlled Assets, Jointly Controlled Entities, (IAS-28), (IFRS-11). ‘Accounting for Non-Trading Concerns: Definition, objectives, capital fund, sources of revenues, receipts and payments account, preparation of the financial statements. cLo6 ‘Accounting for Partnership Firms: Characteristics and formation of a partnership firm; admission of a partner, bonus to old partners, bonus to new partners, withdrawal retirement of a partner, bonus to retiring partner, bonus to remaining partners, death of a partner, liquidation of a partnership: no capital deficiency- capital deficiency. Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates + Attendance Assessment Strategy: + Attendance (10); + Incourse Exemination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and + Final Examination (70). Suggested Reading Lists/ 1, Weygandt, Kimel&Keiso + Accounting Principles 2. Hermanson et. al. : Accounting Principles 3. Welsch, Newman &Zlatkovich : Intermediate Accounting 4. International Accounting Standard Board (IASB) : International Financial Reporting Standards(IFRS) 5. ACCA study text + Financial Reporting. Course Credi Course outline KT 202 Course Title: Principles of Marketing-CC Course Description:This course is designed to provide students with an understanding of the fundamental concepts and principles of Marketing. There will be a focus on basic marketing concepts and elements of marketing practice applied to marketing activities within Bangladesh and in the global economy. It will include topics such as environmental analysis, industry and competitor analysis, objective setting, marketing strategies, market mix components, and finally implementation and control mechanisms. Additionally, the course will provide opportunities for the practical plementation of the concepts covered and the development of problem solving skills by means of marketing practice simulation. 36Intended Learning Objectives (ILOs): 5% 2 3. 4. 5. ‘Student will demonstrate understanding of marketing terminology,concepts and role of ‘marketing within personal life, professional development, society and an economic system. Student will Utilize environmental scanning to identify opportunities and threats in the marketing environment. Student will Determine market size through a target market analysis. Student will analyze marketing factors that contribute to a product's success or failure. Student will formulate pricing strategies for products and services. Course Learning outcome (CLO): Students who will successfully complete this paper should be able to: 1, Demonstrate understanding of marketing terminology and marke process. 2, Identify wants and environmental factors that shape marketing activities for certain target markets, 3. Designing a customer-Driven Strategy and Mix. Learning outcome Course content clo Discussion on Marketing and Marketing process, objectives, Scope, Role, importance and Functions of marketing, Marketing concepts, Approaches to the study of Marketing, Marketing in various economic systems, Marketing Management orientations, Preparing an integrated Marketing plan and program. CLO 1&2 Marketing Environment, Environmental forces, Marketing strategy and Marketing Mix Elements, Market and Marketing segmentation to targeting and positioning, the process of selecting a positioning and differentiation strategy, Stages of Consumer buying process, influencing factors consumer purchasing decisions. cLo3 cLo3 Product and its classification, Importance of products in the marketing mix, Product life cycle and its implications for marketing, Process for creating new products, The challenges associated with creating a successful new product. New product Development and Product life cycle Strategy, Product line simplification and diversification. Primary factors to consider in pricing, Common pricing strategies, price elasticity and how it can be used to set price, Channels of distribution and why organizations use them and Affecting factors in selecting channels of distribution, Common tools and approaches used to measure marketing communication. Promotion budget, Promotional mix elements, Direct and On line Marketing. Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates ‘© Attendance Assessment Strategy: + Attendance (10); + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and ‘+ Final Examination (70). Books Recommended: 1. Philip Kotler 2. William 3. Stanton Michael J. Etzel & Bruce J. Walker Nair :Principles of Marketing +: Fundamentals of Marketing N, Ranjan + Marketing 7Outline Course Code: MAT203 Course Title: Business Mathematics-CC Course Credi Course Description: The course is aimed at 2nd year students majoring in Accounting and Information Systems. The goal of this course Is to provide students with an overview on simple mathematics for the business students, The aim of this course is to ensure students understanding simple and complex mathematical solutions and fundamental principles of mathematics and are able to contribute to the students of various disciplines and the applications on different aspects. ‘The course introduces students to the major conceptual and technical aspects of counting. The course also provides knowledge on higher studies for the researchers. The course also gives the idea on real number system and gives the various aspects on counting sets on different iterns and materials in our everyday life. For example, TV sets, book sets, dining table sets, sofa sets, etc, On completion of this course, students should be able to explain the basic terminologies, concepts and symbols of mathematics. Even the students can be able to study higher education on various disciplines. Intended Learning Objectives (ILOs): After successful completion of the course, students should be able to: 1. Define sets and explain methods of describing a set and helps to introduce the set of various commodities and materials in our everyday life. 2. Describe number systems and their addition, subtraction, division and multiplication on numbers. 3. Describe and define the equations, linear, quadratic, cubic and higher order for including various types of variables in the field of business and social science research and education. 4. Define natural numbers and explain its key characteristics. 5. Describe the algebraic concepts and identify the various applications that they offer. 6. Describe the permutations and combinations in general, and operational process in the field of cricket and football for forming the team. Form the cricket team of 11 players of choosing bowlers, wicket keeper and other players and their combinations. 7. Reduce the overall cost of different commodities of the garments factories studying the differential algebra. Course Learning Outcome (CLO): Upon successful completion of the course, students should be able to: 1. Explain the interpolation and extrapolation in case of forecasting for analyzing past events 2. Discuss the concepts of probability in the field of mortality and morbidity and life table analysis. 3. Explain the meaning and concepts that are fundamental to insurance, such as life insurance and others. 4, Explain the matrix and determinant and use these concepts in Game Theory and Transportation problems. 5. Discuss the form, content and importance of the differentiation and integration in business and social science. 6. Discuss the issue of legal liability arising from audits and other assurance services Discuss current developments of integral calculations in insurance and actuarial science, 38Learning Outcomes: Course contents CLO 1 __| Number systems: Real numbers- Natural numbers- Business Scenario. cLo2 _ | Equations: Linear, Quadratic, Cubic and Higher Order, Simultaneous Equations, Degree of an equation and Inequalities and Business applications. ‘Theory of Sets: Elements of a set, Methods of Describing a set, CLO3 | Types of sets, Operations of sets, De-Morgan’s Law, Algebra of sets, Venn Diagrams, Business applications. Co-ordinates: Definition, Importance, Features, Contents, Abscissa and Ordinate, cLo4 Distance between two points, Area of a triangle and Quadrilateral, Locus of a int. ‘The Straight Line: Definition and Classification of Straight Line, Slope of Straight CLOS | line, General equation of Straight line, Parallel and Perpendicular Equations, Angle between two straight lines, Tangent and Normal. Matrix and Determinant — Introduction, Definition, Types of Matrices, Matrix CLOG | Operations, Addition and Subtraction, Matrix Multiplication, Adjoint and Inverse of a Matrix, Cramer's rule, Minors and Cofactors of a Matrix. Differentiation: Introduction, Derivative of a Function of One Variable, Derivative cLo7 | Of the Product of Two Functions, Derivative of the Quotient of Two Functions, Derivative of Logarithmic Functions, Point of Inflexion, Maxima and Minima, Business Applications. Integral Calculus: Definite and Indefinite Integrals, Rules of Integration, CLO7 | Integration by parts, Some Standard Integrals, Integration by Substitution, Business Applications. Teaching-learning strategy: © Lecture/Exercise ‘+ Presentation/Open discussion/Debates © Attendance Assessment Strateg) * Attendance (10); + In course Examination Tutoria/ Quiz/ Class Test (as per ordinance) (20); and * Final Examination (70). Books Recommended: 1. D.C. Sancheti and V.K. Kapoor: Business Mathematics 2. Md. Abdul Mazed Chowdhury —_: Business Mathematics Course Code: BUS 204 Course Outline Course Credit: 3 Course Description: In today’s world, communication is one of the most vital skills to develop. Effective communication of ideas, feelings, instructions, and thoughts is the key to success both in personal lfe and in business world. This course is designed to give students a comprehensive view of business communication, its scope and importance and its role in establishing a favorable condition outside the firm environment as well as designing an effective internal communication system. Various types and forms of business communication including the media used will be covered in this course. Students will gain an aviareness of the importance of succinct written expression to business communications. Focus 39. Course Title: Business Communication-CCwill be given to explore the ways to communicate effectively in both written and oral forms. This course will help students build the proficiency needed to succeed in today’s technologically enhanced workplace by focusing on the development of professional oral and written communication skills. Intended Learning Objectives (ILOs): After completion of the course, students are expected to be able to: 1, Understand and apply the fundamental communication principles and strategies to prepare for effective communication for domestic as well as international business situations. 2. Select an appropriate media, organizational format and channels in developing and presenting business messages. | 3. Identify the ethical, legal, cultural, and global issues affecting cross cultural business communication, 4, Understand and demonstrate the writing and speaking skills through invention, organi drafting, revision, editing, and presentation, 5. Compose and revise accurate business messages and office documents using electronic mail, Intemet, and other modem technologies and prepare various types of reports following the ‘established methods and structures as specified by the firms. 6. Compose and revise various types of office documents accurately using computer technology such as electronic mail, Internet, and other technologies and attain the skills of writing resume and frame strategies needed for success in interviews. 7. Revisit and reinforce the fundamentals of English grammar, composition, translation and comprehension including the business and commercial terms & abbreviations commonly used. Course Learning Outcome (CLOs): Upon successful completion of the course, students should be able to: 1, Apply the fundamental principles and strategies for effective communication for domestic as well as international business situations, 2. Choose an appropriate media, format and channels in communicating presenting business messages. 3. Follow the ethical, legal, cultural, and global issues affecting cross cultural communication. 4. Demonstrate the art of writing and speaking skills through invention, organization, drafting, revision, editing, and their presentation at different situations, 5. Compose and revise different business messages, office documents using electronic mail, Internet, and other modern technologies and prepare various types of reports obeying some established methods and structures as specified by the organizations. 6. Compose and revise various types of office documents accurately and attain the skills of writing resume and formulating appropriate strategies for success in interviews. 7. Apply successfully the fundamentals of English grammar, composition, translation and ‘comprehension including the business and commercial terms & abbreviations commonly used. Geaming Course content Basics of Communication: Definition, Elements, Steps, Functions and Settings, CLO1 | Principles, Importance and Goals of Business Communication, Business and Social Communication, Barriers to Communication. Different Methods of Communication: Verbal, Non-verbal and Electronic Communication. Different Perspective of Communication: Downward, Upward €LO2 | Horizontal, Diagonal, External, Internal, Formal, Informal) Grapevine, Intra: personal, " Interpersonal, Personal, Organisational, Group" and” Pul Communication, 40Eommunication Networks: Types, Selection of Networks - Characteristics & clos 2&7 | comations. - Organizational Communication: Intra and _ Inter-organizational EPmmunication, Tools of Internal Communication~ Memorandums, Office Orders, irculars, Inter-organizational Communication Business & Job letters, Writing an Application letter, Preparing a CV/ Resume. Cross Cultural Communication: Understanding the Opportunities and Challenges of Communicating in a Diverse World, Enhancing one’s Sensitivity to Culture and Diversity, Improving Intercultural Communication Skills. Mass Communication: Importance, Media of Mass Communication, Mass Communication in the Business Enterprise of Bangladesh. ‘The Three-Step Writing Process: Planning Business Messages, Writing Business Messages, Completing Business Messages. Writing Brief Messages: Writing Messages for Electronic Media, Creating Effective e-mail Messages, Creating cio4 _ | Effective Instant Messages and Text Messages, Creating Effective Business Blogs, Creating Effective Podcasts, Distributing Blog and Podcasting. Company Secretarial Functions: Meeting, Types of Meetings, Writing Notice, Agenda and Minutes, Convening and Conducting Meeting, Points of Information, Points of Order, Motions. Report Writings: Informal and Analytical Reports, Planning Business Reports, CLOS | Preparatory steps of Writing Reports, Writing the Final Reports, Documenting Reports; Resume, Bibliography, Reference & Foot notes. CLo 6&7 | Business English: Fundamentals of Grammar, Composition, Translation and Comprehension. Commercial Terms & Abbreviations. cLo3 Teaching-learning strategy: * —Lecture/Exercise + Presentation/Open discussion/Debates + Attendance Assessment Strategy: ‘+ _ Attendance (10); ‘* In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and «Final Examination (70). Books Recommended: 1. Lesikar& Flatley + Basic Business Communication 2. Remond VI. Lesikar, John D. Peit Jr. Report Writing for Business 3. Pal, Rajendra and JS Korlahilli Essentials of Business Communication 4, Bovee, Thill &Schatzman : Business Communication Today 5. Thomson A and Martine A.V. 1A Practical English Grammar 6. Mario, M Stewart, + Business English and Communication Kenneth and Lyn R. Clark Course Ou Course Code: ECO 205 Course Title: Macro-Economic-CC Course Credit: 3 credits ription: Macro-Economics is concerned with aggregates and averages of the entire Course Description: Moc rue on how these aggregates and averages of an eanomy a= 8 Stole oY Getermined and what causes fluctuations in them. This course will provide the students about the insights of ‘determinants of economic development and the various stages and processes ‘of economic growth. jectives (ILOs): sa rene ‘be able ‘Ghave better understanding about macro-economic ofthe entire try in particular and the world in general. oan coat understand the concepts of national income, determinants and ” measurement procedures of national income, 43. The students will gather knowledge about total employment, total consumptions, savings and investments and its measuring yardsticks, 4, The students will gain knowledge regarding aggregate demand, aggregate supply and how prices of goods and services are calculated and changes in an economy occur at macro level, 5. The students will learn about macro-economic policy and its formulation. Course Learning Outcome (CLO): After completion of the study, the students should be able to: 1. Understand elementary description of about macro-economics of a country in particular and the world in general. 2. Comprehend the theory and the role of actors in the theory and its measurement. 3._ Analyze and interpret different theories in case of economic development. Learning Course content Outcomes cLOd Fundamental concepts of macro-economics CLO 4,2 | National Income Accounting, concepts and measurements ‘CLO 2,3 | Theory of input and output, attainment of full employment ‘CLO 2,3 | Concept of consumption and savings function and derivation of multiplier GOA Concept of investment functions, return on investment and the level of investment CLO 2,3 __| The role and functions of money, determinants of value of money, quantitative theory of money, money market, capital markets and their constitutions. CLO 2,3 _| Inflation and its control, problems of monetary policy in an underdeveloped, : developing and developed countries Teaching-learning strateg) * Lecture/Exercise + Presentation/Open discussion/Debates + Attendance Assessment Strategy: Attendance (10); + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and + Final Examination (70). Suggested Reading Lists/ 41. Dewett, K.K : Modern Economic Theory, 2. Dolvator D and Dowling : Macro-Economic Theory 2SECOND YEAR SECOND SEMESTER Course O1 Course Code: ACT 206 cc itle: cI ers ‘ourse Title: Cost Accounting Course Description: This course is focused on the concepts and methods of costing for direct materials, direct labour, and overhead for managerial decisions, control and performance reporting. Material cost is one of the important elements of cost of product or unit. It constitutes a substantial proportion of the total cost of production. The direct labor cost includes the wages and fringe benefits of the direct labor employees and the cost of the temporary staff that are working directly on the manufacturer's products. Direct labour cost involves such systems, procedures, techniques used by management to keep the labor cost as minimum as possible. It also include the process of analyzing and reporting labor cost to the management for planning and decision making. Overhead part will cover theplanning and control of factory overhead, predetermined factory overhead: methods of deter ing allocation ratios, applied factory overhead, departmental allocation of overhead, actual factory overhead, over or under application of factory overhead, analysis of variance, administrative, selling and distribution overhead: applied and actual, accounting for administrative, selling and distribution overhead, ABC, departmental rate: plant-wide rate. Students will also be introduced with the concepts and methods of job costing, batch costing and contract costing in this course. Intended Learning Objectives (ILOs): After completion of the course, students are expected to be able 1. Identify the elements of total cost associated with producing an item in a manufacturing concern and explain different cost concepts e.g., direct, indirect, variable, mixed and fixed costs etc. 2. Define direct materials cost and compute the cost of direct materials needed to produce something including knowing the things relevant to procurement and storage of materials, methods of valuing materials issues, planning materials requirements, stock levels: economic order quantity, stock valuation etc. 3. Explain and determine the direct labor cost involved with producing a product or service under different methods of paying remuneration and incentive plans. 4. Describe, plan and control of factory overhead, administrative overhead, selling and distribution overhead including the methods of treating the under or over application of ‘overheads in the books of account. / 5, Define Job Costing and Batch costing and measure the total costs of producing a product or service under Job and Batch costing systems. Describe the fundamental concepts of Contract costing and determine the total cost and proft of a contract considering some technical aspects relevant to contracts. Course Learning Outcome (CLO) : Upon Se oar completion of the course, students should be able to: 1. Identity and explain the different elements of costs associated with producing an item. 2. Define and determine direct materials cost including the things relevant to procurement, storage, issuance, valuation, planning materials requirements, stock levels etc. 3. Explain and determine the direct labor cost involved with producing a product or service caer different methods of paying remuneration and incentive plans. 4, Describe the overhead expenses involved in production and calculate the relevant overhead including the methods of treating the under or over application of overheads in the books of account. 4B5. Define Job Costing and Batch costing and compute the total costs of producing a product or service under Job and Batch costing systems. ‘i 6. Describe the concepts relating to contract costing and determine the total cost and profit of a contract considering some technical aspects relevant to contracts. Learning Outcomes Course content CLO 1&2 Materials: Direct and Indirect Materials; Procurement of Materials; Storage of Materials; Materials Record; Bin cards, Stores ledger, Cost of Acquiring Materials, Methods of Valuing Materials, Issues, Planning Materials Requirements; Stock Levels: Economic Order Quantity, Safety Stock, Materials Control: Selective Control; ABC plan, VED Analysis Stock Valuation, Stock Verification and Adjustments. clo 3 Labor: Labor Cost Control, Recording of Time, Methods of Remuneration, Incentive Plans, Treatment of Idle Time, Over-time, Pension and Vacation Pay, Payment of Wages, Wages Abstract. cLo4 ‘Overhead: Planning and Control of Factory Overhead; Predetermined Factory Overhead; Methods of determining Allocation Ratios; Applied Factory Overhead; Departmental Allocation of Factory Overhead; Actual Factory Overhead: Over or Under Applied Factory Overhead; Analysis of Variance, Administrative, Selling and Distribution Overhead: Applied and Actual, Accounting for Administrative, Selling and Distribution Overhead. ABC, Departmental rate: Plant-Wide rate. clos ‘Job Costing: Cost Measurement; Actual Costing, Normal Costing and Standard Costing; Nature and Procedure of Job costing, Nature and uses of Batch Costing, Determination of Economic Batch Quantity, System Design. cLo6 Contract costing: Nature and Procedure; Determination of Profits or Losses on Incomplete Contract. Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates + Attendance Assessment Strategy: «Attendance (10); * In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and + Final Examination (70). Books Recommended: 6. Horngren, C.T. + Cost Accounting 7. Matz and Usry Cost Accounting 8. Usry, Hammer& Carter: Cost Accounting 9. Banerjee B. + Cost Accounting 44Course Code: ACT 207 Course Title: Audit and Assurance Course Credit: 3 Course Description: ‘The audit and assurance syllabus starts with the concept, process and need for audit and assurance including the legal and ethical issues, accepting and managing engagements, planning and assessment, internal audit and internal controls, audit evidence, and review and reporting. The objective of this course is to provide students to develop knowledge and understanding of the process involved in carrying out the assurance engagement and its application in the context of the professional regulatory framework, (On completion of this course, students should be able to explain the basic terminologies, concepts and contrast financial statement auditing and assurance services and how the financial statement auditing process helps to reduce this risk, thereby increase the users’ confidence. Intended Learning Objectives (ILOs): After successful completion of the course, students should be able to: 1. Explain the concept of audit and assurance and the functions of audit, corporate governance, including ethics and professional conduct, describing the scope and distinguishing between the functions of internal and external audit; 2. Demonstrate how the auditor obtains and accepts audit engagements, obtains an understanding of the entity and its environment, assesses the risk of material misstatement (whether arising from fraud or other irregularities) and plans an audit of financial statements; 3. Describe and evaluate internal controls, techniques and audit tests, including IT systems to identify and communicate control risks and their potential consequences, making appropriate recommendations; 4. Identify and describe the work and evidence obtained by the auditor and others required to meet the objectives of audit engagements and the application of the International Standards on Auditing (ISAs); 5. Explain how consideration of subsequent events and the going concern principle can inform the conclusions from audit work and are reflected in different types of auditor’s report, written representations and the final review and report. Course Learning Outcome (CLO): Upon successful completion of the course, students should be able to: 6. Explain why audit and other types of assurance services are conducted 7. Identify the ethics and professional conduct, duties andlegal liability of auditors and other assurance providers. '8. Apply the processes involved in accepting and managing assurance engagements and explain how quality assurance processes mitigate risks. 9. Evaluate the internal audit and control and apply the processes involved in auditing and other assurance services to collect audit evidence. 10, Conclude and report on assurance engagements in accordance with the terms of the ‘engagements and appropriate standards. 45Learning Outcomes Course content clo1 The Concept, Process and Need for Audit and Assurance:Audit: Meaning and Types of Audit, objectives and benefits of Audit, Qualification and Disqualification of Auditors, Appointment and Removal of Auditors; Rights and Duties of auditors; Assurance Engagements, Elernents, Types and Levels of Assurance; Distinction between Auditing and Assurance. Development of Audit and other Assurance Engagements. cLo2 Legal, ethical and audit issues: Statutory audits, Regulatory Environment and Corporate Governance, Auditing Standards, Development and Status of International Standards on Auditing, Relation between National and International Standard Setters, Functions and Role of ICAB for Setting Audit Standards, Audit Profession in Bangladesh, Ethical Standards, Fundamental Principles Underlying IFAC and ICAB Code of Ethics, Ethical Conflict, Threats and Safeguard. clos Accepting and Managing Engagements: Acceptance procedures of appointment, legal professional and ethical considerations, terms of engagement and their documentation. Planning and Risk Assessment: Audit plan, planning process, audit strategy, business risk and audit risk, component of audit risk,risks arising from error, fraud and non-compliance with law and regulations, impact of risk and materiality on the engagement, analytical procedures, Materiality, audit documentation. cLo4 Internal Audit and Internal Controls:Differences between external audit and internal audit function, scope and limitation of the internal audit, intemal audit assignment; Internal control systems, use of internal control systems by auditors, component of internal control including both manual and IT environment, Effective Internal Control Systems, internal control questionnaire (ICQ) internal control evaluation questionnaire (ICE), Tests of control vs. substantive procedure, The revenue cycle, communication on internal control. Audit Evidence: Need for Evidence, Financial Statement Assertions, Audit Procedures, Sufficient Appropriate Audit Evidence, Audit Sampling, Methods of Audit Sampling, Audit of Specific Items, Relying the Work of Others Computer- Aided Audit Technique CAAT). clos Review and Reporting: File Review, Opening Balances and Comparatives, Subsequent Events, Going Concern, Written Representation, Audit Report, Contents of Audit Report, Modified Audit Report, Additional Paragraph. Teaching-learning strategy: + — Lecture/Exercise + Presentation/Open discussion/Debates + Attendance Assessment Strategy: + Attendance (10); * In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and + Final Examination (70). 46Books Recommended: 1, The Institute of Chartered Accountants of : Audit and assurance (Study Manual) Bangladesh 2, The Association of Chartered Certified + Audit and assurance (Study Text) Accountants 3. The Institute of Chartered Accountants in England and Wales 4, Sayed Khaja Amjad 5, Tandon B. N. 6. Government of Bangladesh ‘Audit and assurance (Study Manual) uditing Hand Book of Practical Auditing ‘The Companies Act. 1994 Course Outline oO Course Title: Insurance is the study of risk financing through risk pooling. The use of insurance to reduce the adverse financial impact in case of loss has become an important element of financial and risk management in our society. This course will cover the theories underlying each major type of insurance products; the characteristics of the contractual agreements pertaining to insurance products; the structure of the insurance industry and its impact on the pricing of insurance products; the operation of insurance companies and the need for government regulations of the industry. The theories and principles discussed in this course apply globally. Intended Learning Objectives (ILOs): On completion of this course, students will be able to: 1. Understand the principles of insurance and benefits of insurance to ind economy; 2. Understand the different organizations involved in the insurance market; 3. Show an understanding of life insurance, marine insurance and fire insurance and others; 4. Discuss some of the current and future issues facing insurance operations including the changing nature of risk, developing in technology, bank assurance and outsourcing. 5, Describe the problem and prospect of insurance business in the economic development of Bangladesh; Course Learning Outcome (CLO): On successful completion of this course, Student should be able to : 1. Define basic terms, risk transfer entities in the marketing process, identify the importance of insurance activities on the macro and micro levels, 2. Prepare an offer of insurance product and calculate the premium for the most important (most frequently used) insurance products. 3. Examine the role of public policy including social insurance in personal financial planning and risk management. Learning Course content Outcomes jals and the Definition and nature of insurance, origin and history of Insurance, role and cLo1 importance of insurance, insurance contract, elements, functions and principles of insurance contract. ‘Nature and types of risk, risk and insurance, selection and measurement of cLo1 risk, classification of insurance, re-insurance and double Insurance, insurance organization, law of contract. 47Life insurance contract and it’s classes, Annuity and insurance, mortality table, cLo2 premium, reserve, surrender value, valuation and surplus, policy conditions, settlement of claims, profit and bonus, life insurance salesmanship. ‘Marine insurance contract and it's classes, maritime perils, act of god, policy coe conditions, premium, marine losses, total and partial loss, general and particular average, settlement of loss, documentation, warranties, general clauses, Nature of fire insurance and its classes, fire insurance contract, fire waste, cLo2 physical hazards and moral hazards, policy condition, fire insurance rate, payment of claim. Personal accident insurance, crop insurance, export credit guarantee insurance, health insurance, automobile insurance, livestock insurance, burglary insurance, group insurance, postal life insurance, civil aviation insurance, fidelity insurance. Development of insurance in Bangladesh, contribution of insurance to national cos development, causes of nationalisation, privatization of insurance companies, role of Bangladesh insurance academy, insurance salesmanship, art of selling insurance policy, The insurance Act, 2008. ‘Teaching-learning strategy: + Lecture/ Exercise * Presentation/ Open discussion Assessment Strategy: cLo3 + IN course Examination/ Tutorial/ Quiz/Class test (as per ordinance) (20); and «Final Examination (70). Suggested Reading Lists/Essential Readings 1. Ahmed S.U. Insurance Business in Bangladesh 2. Mishra M. N Insurance: Principles and practices 3. Chaudhury A.H. Elements of Insurance 4. Government of Bangladesh —_: The Insurance Act 2008. Cor ine Course Code: BUS 209 Course Title: Corporate Laws and Practices Course Credit Course Description: The course begins with an introduction to the company law, which includes an explanation of the sources of company law and an analysis of the implications of incorporating a company. This course will introduce students to a range of legal issues that impact on business activities. Students will learn to identify the key areas of legal lability and risk and to adopt plan on how to minimize the risk and comply with the legal provisions. Topics covered in the course include detailed provisions the Companies Act, 1994; the Financial Institutions Act, 1993; the Bank Company Act, 1991; Laws relating to Bangladesh Securities and Exchange Commission (BSEC); and The Insurance Ordinance, 2008. ‘The course then builds upon this introduction to consider the regulation of the governance of the company. Here focus will be given on the legal and non-legal mechanisms designed to ensure that rectors act in their company’s and not in their own interests. The question that the course will regularly pose is how do corporate law and governance mechanisms facilitate economic activity and 48how do they respond to the problems generated by the organizational form of the company. The course's objective is to understand the different ways in which laws can respond to these economic demands and problems. Intended Learning Objectives (ILOs): ‘On completion of this course, students are expected to: 1 3 Learn the fundamental rules and provisions of the Companies Act, 1994 regarding formation, incorporation and effective operations of companies in Bangladesh in line with the lav. Understand the background and legal provisions of the Financial Institutions Act, 1993 which includes the Non-Bank Financial Institutions (NBFIs), Investment Companies, House Building Societies, Merchant Banks, Leasing Company etc. Know the legal provisions of the Bank Company Act, 1991 relating to formation, licensing authority, administration and management, functions of the Board of Directors, Functions of Audit Committee of a bank, Appraise with the Laws relating to Bangladesh Securities and Excharige Commission (BSEC) with particular reference to listing requirements, issuance of prospectus, disclosure requirements for companies and the Security Exchange Rules, Come to learn the important legal aspects of The Insurance Ordinance, 2008 particularly the Classification of insurance businesses, registration and renewals processes, determination of insurance premium rates, administration and management, regulatory authorities of the insurance companies in Bangladesh. Lear the Laws relating to Labour, Wages, Hours of Work, Health, Safety and other work related conditions of Workers in a Factory, issues and Settlement of Industrial Disputes and other things. Course Learning Outcomes (CLOs): By studying the course, students will be able to protect interest of the business organizations from any loss arising from unknowing the legal matters and comply with the provisions of corporate laws and practices in one hand and contribute to the business and economy of our Country. On successful completion of this course, participants should be able to : 1 Describe the fundamental provisions of the Companies Act, 1994 regarding formation, incorporation and help companies function Bangladesh in line with the law. Explain the background information and legal provisions of the Financial Institutions Act, 1993 including the Non-Bank Financial Institutions (NBFIs), Investment Companies, House Building Societies, Merchant Banks, Leasing Company etc. Discuss the provisions of the Bank Company Act, 1991 relating to formation, administration and management of bank companies, functions of the Board of Directors, and Audit Committee of a bank. Gain an understanding of the Laws relating to Bangladesh Securities and Exchange ‘Commission (BSEC) with particularly the listing requirements, issuing prospectus, disclosure requirements for companies and the Security Exchange Rules. 495. Explain the legal aspects of The Insurance Ordinance, 2008 other functional aspects of the insurance companies in Bangladesh. Understand the provision of the Laws relating to labour, wages, hours of work, health, safety and other related conditions of workers in a factory including settlement of industrial disputes and other things, aii subi) Course Contents Outcomes ‘Companies Act, 1994: Formation and Incorporation of Companies, Memorandum and Articles of Association; Prospectus; Promoters; Share Capital: Types of Share Capital; Types of Share; Issue of Shares; Forfeiture and Transfer of Shares; Alteration of Shares Capital; Increase and Reduction of Share Capital; Directors: Appointment, Qualifications, Remuneration, Removal, Power, Duties and Liabilities of Directors; Managing Directors, Managing Agents; Shareholders’ Meeting: Statutory, Annual, Ordinary and Extra-ordinary Meeting; Resolutions: Ordinary, Extra-Ordinary and Special; Winding Up of Companies: Classification & Legal Provisions, Financial Institutions Act, 1993: Background, Institutions covered NBFis, Investment Company, House Building Society, Merchant Banks, Leasing Company etc. clot cLo2 Bank Company Act, 1991: Formation of a Bank, Licensing Authority, Administration and Management, Functions of Board of Directors, Functions of Audit Committee etc. cLo3 cLo4 __ | L2WS relating to Bangladesh Securities and Exchange Commission (BSEC): Listing Requirements, Prospectus, Disclosure requirements, Security Exchange Rules. ‘The Insurance Ordinance, 2008: Classification of Insurance businesses, Registration and Renewals, Determination of Premium Rates, Administration and Management, Regulatory Authorities. clos Laws relating to Labour: Wages, Hours of Work, Health, Safety and other iividual Workers in a Factory; Organization of Workers; Strikes and Lockouts; Settlement of Industrial Disputes; Payment of Wages Security of Workers against Diseases and Accidents. Teaching-learning strategy: + Lecture/ Exercise + Presentation/ Open discussion cLo6 Assessment Strategy: + Attendance (10); * IN course Examination/ Tutorial/ Quiz/Class test (as per ordinance) (20); and + Final Examination (70). 50Suggested Reading Lists/Essential Readings 1, Government of Bangladesh: The Companies Act, 1994 2. Chowdhury C.c. + A Guide to Company Law 3. Dhar, N. + Company Law 4, Government of Bangladesh —_:Labour Law 2006; + Labour Law (Amendment) 2010 Course Outline Course Title: Bangladesh Economics-cc Course Credit: 3 Course Description: This course intends to discuss the broad pattern, characteristics, prevailing conditions, challenges, and potentials of the economy of Bangladesh and make the students able to draw a strategy for a sustainable economic development of Bangladesh, Intended Learning Objectives (ILOs): 1. To make the students familiar with the features and current situation of Bangladeshi economy. 2. To give the idea on key economic sectors of Bangladesh to the students that will make them understand the prevailing condition of agricultural, industrial, and other key sectors of the economy. 3. This course will make the students able to contribute in economic planning and the implementation process that will result in the accomplishment of sustainable development goals. Course Learning Outcome (CLO): Upon completion of the course, students should be able to: 1. understand key issues of Bangladesh Economics 2. understand and formulate strategies, plans, and policies for the economic development of Bangladesh in line with the global economic trend 3. understand, guide, and contribute in the implementation process of the economic plans for attaining the sustainable development goals. Learning Course content Outcomes Key features of Bangladesh economy, macro-economic condition, Economic vision, CLO2 | thrust sector Resources for development, resource mobilization, foreign aid, foreign direct CLO 1 | investment and its impact CLO 2 ‘Agricultural development, modernization, challenges and remedies industrialization, industrial polcy, Industrial contribution in GDP, challenges and CLO2 | remedies Micro, small and medium sized Industries and thelr contribution to the economy, CLO2 _| challenges in this sector and remedies thereof Economic plans, Challenges in economic planning and implementation thereof, CLO3 | ways to overcome the challenges, potentials for development Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates © Attendance stAssessment Strategy: + Attendance (10); + Incourse Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and + Final Examination (70). Suggested Reading Lists/Essential Readings 1, Khan, A. R: The Economy of Bangladesh 2, Bangladesh Economic Review 92THIRD YEAR FIRST SEMESTER Course Outline Course Code: ACT 301 Course Tit Course Credit: 3 intermediate Accounting-II Course Description: This course is founded on some Accounting courses and focused on the particular issues such as accounting for and reporting on a firm’s current and contingent liabilities, investment in productive resources: inventories, plant and equipment and intangible assets; accounting for long-term debt (bonds, notes, mortgages and early extinguishments of debt). Accounting for long term contracts and revenue recognition principle and processes will be also be explored in this course. Intended Learning Objectives (ILOs): ‘On completion of this course, students are expected to: 1. Define property, plant, and equipment (PPE); identify the costs to be include in initial valuation of PPE; address the accounting problems associated with self-constructed assets; and deal with the costs subsequent to acquisition and disposal of PPE (IAS 16). Describe the characteristics of intangible assets; identify the costs to include in valuation; explain the procedure for amortizing; describe the types and issues related to intangible asset impairments (IAS-36) including the matters related to research and development costs (IAS-38), 3. Handle the accounting issues efficiently related to stock rights and stock options and dividends including the additional disclosures required for stock option plans. 4. Learn the rules for recording and reporting accounting changes; classification of accounting changes; approach to changes in accounting principle and accounting estimates, and for correcting errors (IAS-8). 5. Determine the issue price of bonds, pass accounting entries for bonds by issuer and investor including amortization at discount and premium, bonds sold and purchased between interest dates, accounting entries if interest periods and accounting periods do not coincide and disclosure thereon. 6. Learn the subjects relating to extinguishments of debt and debt restructure, exercise of call privilege, refunding old debt by issuing new debt, and issues with troubled debt restructuring, 7. Calculate the EPS under Primary and Fully Diluted EPS methods (IAS-33). Course Learning Outcomes (CLOs): On completion of this course, students should be able to: 1. Define property, plant, and equipment (PPE), identify the costs to be included in valuation, address problems associated with self-constructed assets; and deal with the costs subsequent to acquisition and disposal of PPE (IAS 16). 2. Describe the characteristics of intangible assets, identify the costs to include in valuation, and explain the procedure for amortizng including the types and issues related to intangible asset impairments (1AS-36). 3, Address the accounting issues efficiently relating to stock rights and stock options and dividends including the disclosures required thereon, 4. Learn the rules of recording and reporting accounting changes, its classification, approaches to changes including correcting the errors (IAS-8). 5. Determine the price of bonds payable, pass accounting entries for issuer and investor including their amortization, bonds sold and purchased between interest dates, entries if 33interest periods and accounting periods do not coincide and disclosure requirements thereon. 6. Discuss the subjects relating to extinguishments of debt and debt restructure, refunding old debt by issuing new debt, and issues with troubled debt restructuring. 7. Calculate the EPS under Primary and Fully Diluted EPS methods (IAS-33). Learning Outcomes. Course Contents clot ‘Accounting for Acquisition and Retirement of Property, Plant And Equipment (PPE): [TAS 16] Part A: Operational Assets Acquired from Outsiders: Initial Recognition of PPE- Capital Expenditure and Revenue Expenditure- Operational Assets Acquired for Cash~ Operational Assets Acquired on Credit- Operational Assets Acquired in Exchange for Securities Operational Assets Acquired in Exchange for Assets Other than ‘Securities Accounting for Exchange of Similar and Dissimilar Assets~ Accounting for Contributions-Donated Assets. cLo1 PPE-Part Part B: Operational Assets Constructed for Own Use: Assets Constructed for Own Use- Excess Cost of Construction- Capitalization of Interest during Construction Period (IAS-23)- Amount of Interest Capitalized~ Expenditure ‘Subsequent to Acquisition— Extra Ordinary Repairs and Renewals- Replacements— Betterment’s- Additions Retirement of Operational Assets. cLo1 PPE-Part Part C: Measurement after Initial Recognition of PPE- Cost Model and Revaluation Model- Revaluation Increments- Revaluation Decrements- Transfer from Asset Revaluation Reserve- Depreciation of Revalued Assets; Impairment of PPE- Indicators of Impairment- Impairment Test for an Individual Asset- Measuring Recoverable Amount- Calculating Value in Use- Cash Generating Units (CGU)- Recognizing an Impairment Loss- Reversing an Impairment Loss (IAS-36). cLo2 Intangible Assets: Identifiable Intangible Assets Unidentifiable Intangible Assets— ‘Acquired Externally- Developed Internally Initial Recognition and Measurement~ Measurement after Initial Recognition Research and Development Cost, (IAS-38), Impairment of the value of Intangible Assets, IAS-36. cLo3 ‘Accounting for Stock Rights and Stock Options and Dividends- Cash Dividends~ Property Dividends- Liquidating Dividends- Scrip Dividends- Stock Dividends- Stock Splits- Stock Rights and Warrants- Accounting for Stock Rights- Accounting for Compensatory and Non-Compensatory Stock Options Plans- Stock Appreciation Rights Additional Disclosures Required for Stock Option Plans. cLo4 “Accounting Changes: Recording and Reporting Accounting Changes— Classification. ‘of Accounting Changes Changes in Accounting Principle~ Current Vs Retroactive Approach- Changes in Accounting Estimates~ Worksheet Technique for Correcting Errors (IAS-8). cLos ‘Accounting for Bonds: Part A: Determining the Issue Price of Bonds Conception of Yield Rate and Stated Rate of Interest- Accounting for Bonds by the Issuer and the Investor Amortization of Bond Discount and Premium Bond Sold ‘and Purchased between Interest Dates~ Accounting for Bonds when Interest Periods and Accounting Periods do not Coincide- Induced conversion of convertible Debt~ Reporting and Disclosure of Long-term Liabilities. cLo6 Part B: Extinguishments of Debt and Debt Restructure: Exercise of call Privilege by Issuer~ Purchase in the open Market by Issuer~ Refunding old Debt by Issuing 34New Debt- In-substance Defiance- Troubled Debt Restructuring. ‘CLO 7 | Calculation of EPS- Primary and Fully Diluted EPS (1AS-33). Teaching-learning strategy: + Lecture/ Exercise * Presentation/ Open discussion * Attendance Assessment Strategy: ‘© Attendance (10); ‘+ _ IN course Examination/ Tutorial/ Q + Final Examination (70). Suggested Reading Lists/Essential Readings 1, Kieso, Weygandt and Warfield: Intermediate Accounting Class test (as per ordinance) (20); and 2, Smith & Skousen 1 Intermediate Accounting 3, Welsch, Newman &Zlatkovich _: Intermediate Accounting 4, Epstein and Jermakowicz Interpretation and Application of International Financial Reporting Standards 5, International Accounting Standard Board (IASB) 6. International Financial Reporting Standards(IFRS) 7. ACCA study text: Financial Reporting Course Outline Course Code: FIN 302 Course Title: Financial Management Course Credit: 3 Course Description: This course Is designed to introduce students to the fundamental issues of financial management and techniques used to address them. Focus of the course is to show how managers interface with Sccounting and finance departments and help understand how firms achieve their financial goals and objectives by taking appropriate financial decisions. This course will particularly be dealing with how Srganizations manage their operating and fixed assets (or working capitals) and fund them with an optimal mix of debt and equity financing from different sources while maintaining cost of capital at Minimum level. In doing so, the course will explore different approaches and methods used by managers to maximize firms” value by bringing improvements in making financial decisions relating fo capital structure and working capital management. Students will also be appraised with the quantitative tools and techniques used for financial analysis, financial forecasting, determining Wrorking capital requirement including the discussions on sources of long-term and short-term financing and dividend policy. Intended Learning Objectives (ILO: On successful completion of this course, participants are expected to be able to: L. Describe the roles, objectives and functions of financial management. 2. Discuss the various sources of finance and investment opportunities including their suitability. 3, Define the terms: capital structure, leverage and working capital and explain the impact of funding from different sources on cost of capital and fim’s value. 4. Explain the Importance of dividends to investors, discuss the effects of decaring dividend on Sire prices, mention the merits of a stable dividend policy, and lst out the various forms of dividend. 5. Learn the company. quantitative techniques for financial analysis and to examine economic health of a 35Course Learning Outcome (CLOs): (On successful completion of this course, students should be able to: 1. Describe the roles, objectives and functions of financial management. : 2. Explore the different sources of finance and investment opportunities mentioning their suitability, 3. Define capital structure, leverage and working capital and explain the the impact of funding from different sources on cost of capital and firm's value. 4. Explain the importance of dividends, discuss the effects of having a stable dividend policy, ‘and describe the various forms of dividend. 5. Apply the quantitative techniques for financial analysis to examine the economic health of a company. Learning Outcomes Course content. clo1 : Traditional & Financial Management: Definition, Roles, Functions, Objecti Modern Views. cLo2 Financial Planning: Planning Short-Term Financing, Different forms of Forms of Credit; Planning Long-Term Financing: Equity Capital- Preferred stock, Long Term Borrowing, Warrants and Convertibles. cLo3 Working capital management: Working Capital, Level of Working Capital, Circular Flow of Working Capital, Estimation of Working Capital Requirements, Cash and Securities Management, Accounts Receivable Management, — Inventory Management. cLo3 Leverage: Operating and Financial Leverage; Effects of Financial Leverage; Measures of Leverages. cLo4 Dividend Policy: Considerations, Stability of Dividends, Forms of Dividend, Dividend Theories & Policies, Practical Problems & Decisions. clos Basic Analytical Procedures: Need for Financial Analysis, Objectives of Financial Statement Analysis, Limitations of Financial Statement Analysis; Types of Analysis: Ratio Analysis, Techniques, Percentage Analysis, Horizontal Analysis, Bench Marking; Vertical Analysis, Trend Analysis, Common Size Statements; Profitability Analysis: Ratios to Analyze Operational Performance: ROI, ROA, EPS, Dupont Chart: Liquidity Analysis; Ratios to Analyze Short-Term Solvency; Efficiency Ratios: ‘Turnover Ratios, Activity ratios; Solvency Analysis- Uses of Case Studies. ‘Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates © Attendance Assessment Strategy: © Attendance (10); + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and ‘+ Final Examination (70). Books Recommended: 1. Weston and Brigham — ; Managerial Finance 2. Khan and Jain + Financial Management 3. Hampton, J. + Financial Decision Making 4. G. Roster : Financial Statement analysis 5. B, Lev : Financial Statement analysis- A New approach 56Course Code: STA 303 Course Title: Course Description: In an increasingly complex world, statistical thinking, understanding, and skills are more important than ever. This course will provide students with an understanding of statistical techniques commonly used in solving business problems and the skills for undertaking business research. The focus of the course is on the utilization of statistical methods as applied to business problems and operations. Topics include for this course are theories and concepts of normal distribution, binomial distribution, Poisson distribution, sampling distribution, estimation, hypothesis testing, multiple correlation and regression analysis, nonparametric analysis, time series and quality control. Intended Learning Objectives (ILOs): On completion of the course, students are expected to be able to: 1 2. 2 Understand and describe the basic concepts related to probability and sampling distributions. Define and formulate hypotheses and assess validity of the hypotheses or statements made ina particular business setting. Understand the meaning of multiple correlation and regression, and determine the coefficient of simple and multiple correlation and regression. Explain the reasons and perform some statistical tests such as Sign Test, Wilcoxon Test, Mann-Whitney Test, and Rank Sum Test. Discuss the meaning of time series analysis indicating the components associated with and learn the techniques of time series analysis. Appraised with the statistical methods used in quality control and ascertain the producer’s and consumer's risk. Explore the sources of official statistics published in Bangladesh by different government agencies and other official sources and use it for statistical analysis. Course Learning Outcome (CLOs): (On successful completion of this course, students should be able to: 1 Describe the basic concepts of probability and sampling and determine the value of probability and means of normal and non-normal sample distributions. Construct statistical hypotheses and assess their validity in a particular business setting, Perform the simple and multiple correlation and regression analysis and run different statistical tests. Apply the techniques of time series analysis and statistical methods used in quality control assessing the risks of producer and consumer. Collect the official statistics published by different government agencies and other official sources and use it for statistical analysis. 37Learning it cara Course content Probability Distributions: Random Variables, Probability Functions, Binomial distributions, Poisson Distributions, Normal Distribution, cLo1 Sampling Distributions: Sampling, Sampling Distribution of the Means, Normal Population, Non normal population, Central limit Theorem, Standard Error, ‘Sampling Distribution of Proportions, Sampling Distribution of Variance. Estimation: Point Estimates, Interval Estimates about Means, Interval Estimate about Proportions/Percentage, Confidence level and confidence Interval, Determination of Sample size for mean and proportion, Properties of a Good cto2 | Estimator. Parametric Hypothesis Testing: Basic Concepts, Null Hypothesis and Alternative Hypothesis, Level of Significance, Type 1 and Type II Errors, One Tailed Test, Two Tailed Tests, Tests for a Mean, Tests for difference between Means, Tests for Proportions, Small Sample Hypothesis Tests. Chi-Square Tests: Tests of Independence, Tests of Goodness of Fit, Test about a Variance. Analysis of Variance (ANOVA): Testing for the difference among three or more €LO3 | Population Means, One and two-way classifications. Multiple Correlation and Multiple Regression: Least square method-Multiple Coefficient of Determination-problem of Multicollinearity. Elimination of Multicollinearity effects. Non-Parametric Tests: Sign Test, Wilcoxon Test, Mann-Whitney Test, Rank Sum Test, Runs Test. clos.4 | Time Series Analysis: Components of Time Series, Techniques in Time Series Analysis. Statistical Quality Control: Control Charts -Types of control charts Mean Chart - ‘Standard Deviation Chart -Range Chart- Producer's Risk- Consumer's Risk. cto __ | Mfficial Statistics in Bangladesh: BBS, SEC, Stock Exchanges, Different Ministries of GOB, Bangladesh Bank, and other Official Sources. Teaching-learning strategy: + Lecture/Exercise ‘+ Presentation/Open discussion/Debates + Attendance Assessment Strategy: + Attendance (10); + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and + Final Examination (70). Books Recommended: 1. Rubin and Levin + Statistics for Management 2. Runyon and Haber —_ Business Statistics 3. Ross H. Johnson + Business Statistics 58Course Title: Bank Management Course Description: The Banking industry is one of the pillars of modem economy. It plays crucial roles in facilitating commerce and providing liquidity needed for an economy to function and flourish. Because of the Pivotal roles that banks play in the economy, the banking industry is highly regulated in order to minimize the systemic risk that a bank failure will have on the economy, the society and bank customers. ‘AS a business, banks provide a wide range of financial product and services to their targeted Markets. They also have their unique sets of risks to manage. Continuous innovations by the banks in their products and services have meant that both banking regulations and bank risk management evolve over time. To provide a fundamental understanding of bank management, the program will cover the structure of banking industry, the businesses that banks operate, the type of risks that they have to manage, the regulations they are subjected to and an understanding of how banks manage them, Intended Learning Objectives (ILOs): 1. The students will have the knowledge about the emergence of bank, banking systems in Bangladesh and bank’s managerial authority, the environment through which they have to run their businesses, 2. The students will understand the different in-house banking functions such as General Banking Activities, Loan Management, Liquidity Management, Treasury management and Foreign Exchange Related activities performed by banks, Besides, student will also develop their understanding on (a) banking regulations, which are issued from Bangladesh Bank and Ministry of Finance and (b) on the different relevant Acts on bankings. 3. The students will gain an understanding about modem banking system as well as the problems inherent with such technology. 4, Students will be able identify problem loans, judge creditworthiness of clients and evaluate Bank's performance. 5. The students will learn about ethics in banking, Course Learning Outcome (CLO): Upon completion of the course, students should be able to: 1. Understand elementary aspects of bank management 2. Comprehend managerial functions 3. Judge a client and evaluate a bank's performance. coats Course content Outcomes cLOd Banking Business and Performance ‘+ Bank Functions and Businesses ‘+ Bank Structures and Models ‘+ _Bank Financials and Performance 39.cLo2 Risk Management in Banks + Credit Risk / Investment Risk «Asset Liquidity / Balance Sheet Risk + Foreign Exchange Risks + Internal Control and Compliance Risks + Money Laundering Risks + TT Security Risks and + Environmental Risks cLO3 Banking Regulations + Basel Regulations © Capital Management + Bangladesh Bank's Guidelines cLoa ‘cts in Banking Banking Companies Acts 1991 Negotiables Instruments Acts 1881 * . Money Laundering Prevention Act 2012 amended 2015 ‘clos Ethics in Banking CLOG Performance Evaluation of bank Teaching-learning strategy: + Lecture/Exercise ‘+ Presentation/Open discussion/Debates = Attendance Assessment Strategy: + Attendance (10); + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and ‘= Final Examination (70). Suggested Reading Lists/Essential Readings 3. Khan A. R.: Bank Management. Course O1 Course Code: ACT 305 Course Title: Advanced Taxation Course Credit: 3 Course Description: This course is designed for business graduates to understand the rules and regulations in terms of income tax system in Bangladesh, The strategy formulation process is covered by the tax calculation of partnership firm and company, set off of losses & carry forward of losses, withholding of tax, advance payment of tax, calculation of VAT, customs duty, gift tax, appeals, revision, recovery and offences & penalties. Intended Learning Objectives (ILOs): After completion of the course, students are expected to be able to: 1. Understand the assessment procedures of partnership firms, companies and gift tax. 2. Gain an understanding about VAT, customduty, appeals, revision, recovery and offences & penalties. 3. Learn about the procedures of selting off of losses and carry forward of losses. ooCourse Learning Outcome (CLO): Upon successful completion of the course, students should be able to: 1, Calculate the tax liability of partnership firms, partners and companies. 2. Determine the value added tax, customs duty, and gift tax. 3._Understand the offences and penalties, appeals, revision and recovery Learning Outcomes Course Content CLO1 | Tax Assessment of Partnership Firms and Partners CLO 2 | Tax Assessment of Companies CLO3 | Treatment of Depreciation and Losses CLO 4 | VAT, Customs Duty, and Gift Tax LOS | Appeals and Revision Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates + Attendance Assessment Strategy: + Attendance(10) + In course Examination/Tutorial/Quiz/Class Test(as per ordinance) (20); and + Final Examination (70) Recommended Books 1. Income Tax Ordinance 1984 and Finance Acts, 2. Shil, Masud and Alam (2019), Bangladesh Income Tax- Theory and Practice Selected articles from the following journals: 1. Review of Accounting and Finance, Emerald Insight. 2. Journal of Money Laundering Control, Emerald Insight. 3. Journal of Islamic Accounting and Business Research, Emerald Insight. 4, Nankai Business Review International, Emerald Insight. 5. International Journal of Law and Management, Emerald Insight. 61THIRD YEAR SECOND SEMESTER Cor Outline Course Code: ACT 306 Course Title: Cost Accounting-II Course Credit Course Description: This course is designed to cover the areas of cost and management accounting concepts and methods that have not been covered in earlier courses. It offers some advanced and practical areas of cost and management accounting techniques which are widely applied in real world production and distribution systems including the concepts and methods of cost-volume-profit (CVP) analysis, various aspects of Process Costing, Activity-Based Costing, Standard Costing, Differential Cost ‘Analysis, and Operating & Service Costing. These areas of cost accounting concepts will help understand the students the various advanced methods of costing and use these tools in practical situations, Intended Learning Objectives (ILOs): ‘After completion of the course, students are expected to be able to: 1 8. Understand the cost-volume-profit (CVP) relationships and determine the break-even point explaining the effects of changes in variable costs, fixed costs, selling price, and volume, Record the flow of materials, labor, and overhead through a process costing system and compute the equivalent units of production using the weighted average method. Compute the equivalent units of production using the FIFO method and allocate service department costs to operating departments using the direct and the step-down methods. Understand the activity-based costing and how It differs from a traditional costing system. Assign costs to cost pools using a first-stage allocation, compute activity rates for cost pools and assign costs to a cost object using a second-stage allocation. Compute the direct materials price and quantity variances, direct labor rate and efficiency variances and the variable manufacturing overhead rate and efficiency variances and explain their significance. Identify the relevant and irrelevant costs and benefits in a decision situation and apply the technique in different situations. Understand the technique of accumulating and ascertaining cost for providing a standardized service to provide a basis for fixing the price of a service for quotation and fare for service companies. Course Learning Outcome (CLO): Upon successful completion of the course, students should be able to: After completion of the course, students are expected to be able to: 1 Interpret the cost-volume-profit (CVP) relationships and determine the break-even point explaining the effects of changes in variable costs, fixed costs, selling price, and volume. Record the flow of materials, labor, and overhead through a process costing system and compute the equivalent units of production using the weighted average method. Understand the activity-based costing and how it differs from a traditional costing system. @24. Assign costs to cost pools using a first-stage allocation, compute activity rates for cost pools and assign costs to a cost objects using a second-stage allocation. 5. Compute the direct materials price and quantity variances, direct labor rate and efficiency variances and the variable manufacturing overhead rate and efficiency variances and explain their significance. 6. Identify the relevant and irrelevant costs and benefits in a decision situation and apply the technique in different situations. Understand the technique of accumulating and ascertaining cost for providing a standardized service to provide a basis for fixing the price of a service for quotation and fare for service companies, Learning Outcomes Course content clo1 Cost-Volume-Profit Relationships: Basics of Cost-Volume-Profit (CVP) Anatysi Contribution Margin; CVP Relationships in Equation Form; CVP Relationships in Graphic Form; Contribution Margin Ratio (CM Ratio); Some Applications of CvP Concepts; Break-Even and Target Profit Analysis; CVP Considerations in Choosing a Cost Structure. cLo2 Process Costing: Comparison of Job-Order and Process Costing; Similarities between Job-Order and Process Costing; Differences between Job-Order and Process Costing; Cost Flows in Process Costing; Processing Departments: Flow of Materials, Labor, and Overhead Costs; Materials, Labor, and Overhead Cost Entries; Materials Costs; Labor Costs; Overhead Costs; Completing the Cost Flows; Equivalent Units of Production; Weighted-Average Method, Compute and Apply Costs; Cost per Equivalent Unit, Weighted-Average Method, Applying Costs; Cost Reconciliation Report CLO 3&4 ‘Activity-Based Costing: Concept of Activity Based Costing, Cost Pools, Allocation bases of Activity Based Costing, Comparing Traditional Absorption Costing and Activity Based Costing, Designing an Activity Based Costing (ABC) System, Steps for Implementing Activity Based Costing, Targeting Process Improvements, Activity Based Costing, and External Reports, Limitations of Activity Based Costing. clos ‘Standard Costs: Setting Direct Materials Standards, Direct Labor Standards, and Variable Manufacturing Overhead Standards; Using Standards in Flexible Budgets; A General Model for Standard Cost Variance Analysis: Materials Price Variance and Materials Quantity Variance; Labor Rate Variance and Labor Efficiency Variance; Variable Manufacturing Overhead Rate and Efficiency Variances, cLO6 ifferential Cost Analysis: Concept of Differential Cost, Decisions involved with Differential Cost Studies, Quantitative Techniques in Differential Cost Analysis, other Cost Concepts for Decision Making. Scope of Marketing Expenses, Comparison of Marketing and Manufacturing Expenses, Marketing Expense Control, Marketing Profitability Analysis, Gross Profit or Contribution Margin Analysis, Product Pricing. cLo7 Operating & Service Costing: Nature and Procedure, Problems & Adjustment. 6Teaching-learning strategy: + Lecture/Exercise + Presentation/Open discussion/Debates * Attendance Assessment Strateg! + Attendance (1 + In course Examination/ Tutorial/ Quiz/ Class Test (as per ordinance) (20); and ‘+ Final Examination (70), Books Recommended: . 1, Horngren, C7. : Cost Accounting 2. Reyburn : Cost Accounting 3. Polimony Re : Advanced Cost Accounting 4. Garrision, Noreen & Brewer: Managerial Accounting 5S. Horngren, Datar& Foster —_: Cost Accounting: A Managerial Emphasis. Course Outline Course Title: Mathematics for Business Decisions Course Credit: 3 Course Descriptior The goal of this course is to provide students with an overview on applied mathematics for the business students. The alm of this course is to ensure students understanding simple and complex mathematical solutions and fundamental principles of mathematics and operations research and are able to contribute to the students of various disciplines and the applications on different aspects. The course introduces students to the major conceptual and technical aspects of counting. The course also provides knowledge on higher studies for the researchers. The course also gives the idea on linear programming and gives the various aspects on maximization and minimization in our everyday life. ‘On completion of this course, students should be able to explain the basic terminologies, concepts and symbols of queuing process. Even the students can be able to study higher education on various disciplines. Intended Learning Objectives (ILOs): ‘After successful completion of the course, students should be able to: 1, Define circle. Derive the equation of circle. Radius and Diameter of the Circle, 2, Describe the tangent to a curve. Equation of a tangent at any point (x,, y,) on the circle. 3. Describe and define linear programming problem, meaning and scope of linear programming problem, basic assumptions and applications of linear programming problem, advantages and limitations of linear programming, standard form of linear programming problem. 4, Define Simplex Methods, different methods for solving linear programming problems and Duality of linear programming problem. 5. Describe the Transportation Problem. 6. Describe the Queuing process. 7. Describe the Networking. os