SCHOOL OF BUSINESS MANAGEMENT

DEPARTMENT OF COMMERCE

BACHELOR OF COMMERCE (BCOM)

BASED ON
NEW EDUCATION POLICY-2020
[FOR ACADEMIC SESSION 2023-234

NH-24, Lodhipur Rajput, Delhi Road, Moradabad, Uttar Pradesh-244001

www.iftmuniversity.ac.in
Programme: BCOM Year: Third Semester: Sixth
Course Code: BCOM 601 Course Title: Accounting for Managers
Objective: This course introduces the concept of Managerial Accounting along with the basic
forms and norms of Managerial Accounting to inculcate skill, provide employability &
entrepreneurial skills.
Unit Topics No. of
Lectures
Management Accounting-Concept, Meaning, Characteristics, Difference
I between Financial Accounting Management Accounting, Difference
between Cost Accounting and Management Accounting, Techniques,
Objectives and Importance. Management Accountant-Duties, Status,
Functions and Responsibility. Financial Statement Analysis and 12
Interpretation - Meaning, Objectives, Characteristics of an Ideal Financial
Statement, Parties Interested in Financial Statement, Types of Financial
Analysis-Horizontal, Vertical and Trend Analysis for skill development.
Ratio Analysis: meaning, Utility, Classification of Ratios-Profitability
Ratio, Activity Ratio and Financial Position Ratios.
II Fund Flow and Cash Flow Statement- Concept, Meaning of the term 08
Fund and Preparation of Fund Flow Statement and Cash Flow
Statement (As-3) for better employability in industry.
Business Budgeting: Meaning of Budget and Budgeting, Objectives,
Limitations and importance, Essentials of effective Budgeting,
Classification of Budgets-Flexible budget and Zero Based Budget. Marginal
III Costing: Meaning, Determination of Profit under Marginal Costing, Pricing 12
of Product, make or by Decision, Selection of most profitable channel.
Break Even Analysis: Concept and Practical Applications of Breakeven
Analysis for entrepreneurial skill.
Standard Costing and Variance Analysis: Meaning and Objectives of
Standard Costing Setting of Standard, Variance Analysis: Material and
IV Labour Variance. Reporting to Management: Meaning, Objectives, 08
Principles of Reporting, Importance of Reports, Classification of Reports,
Reporting at different Levels of Management for employability and
entrepreneurship
Course Outcomes: Students completing this course will be able to:
CO1: Understand the terminologies associated with the field of Managerial Accounting and
control along with their relevance for skill development.
CO2: Identify the appropriate method and techniques of Managerial Accounting for solving
different problems for employability.
CO3: Assess basic Managerial Accounting principles to solve business and industry related issues
and problems faced by national and international companies for entrepreneurial skill.
CO4: Apply the concept of Budgetary Control, Cash Flow Statement, Fund Flow Statement,
Break Even Analysis etc for entrepreneurship and employability.
87
Mapping course outcomes leading to the achievement of program outcomes:
PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8

CO1 2 1 1 3 2 2 2 2

CO2 2 2 1 1 1 1 1 2

CO3 3 2 1 2 1 1 1 1

CO4 2 3 1 1 1 1 2 2

CO-Curriculum Enrichment Mapping:

Entrepreneurship
Skill Development Employability Development
CO1 3 1 1
CO2 2 3 1
CO3 2 2 1
CO4 3 3 1

Suggested Readings:

1. Bhattacharyya, S.K.& Dearden, J.: Accounting for Management. Vikas Publication.

2. Horngren, T.: Introduction to Management Accounting. Pearson Education.
3. Khan, M.Y. &Jain, P. K.: Management Accounting. Tata McGraw-Hill.
4. Kishore R.M.: Advanced Management Accounting. Taxman.
5. Pandey, I.M.: Management Accounting. Vikas Publication.
6. Charles,T.& Gary,L.S.: Introduction to Management Accounting. Prentice Hall of
India Ltd.,New Delhi.

Website Sources:

• http://www.icmai.in/upload/Students/Syllabus-2008/StudyMaterial/Cost_Mgmt_Ac.pdf
• http://www.ddegjust.ac.in/studymaterial/mcom/mc-105.pdf
• http://www.pondiuni.edu.in/storage/dde/downloads/finiii_ma.pdf
• https://www.imanet.org/insights-and-trends/ima.../management-accounting-case-book
• http://www.pondiuni.edu.in/sites/default/files/Accounting%20management230813.pdf

Note-Latest edition of the textbooks should be used.

88
 Programme: BCOM Year: Third Semester: Sixth
Course Code: BCOM 602 Course Title: Auditing
Objective: The objective of this paper is to understand the principles and practices of auditing
required for the verification and evaluation of the company accounts to inculcate skill, provide
employability & entrepreneurial skills.
No. of
Unit Topics
Lectures
Introduction: Methodology of Accounting, Auditing and Fraud risk
management in Kautilya’s Arthshastra.
Audit and Audit Process: Meaning, Nature, Objectives and Various
08
I Classes of Auditing, Standard of Auditing, Pronouncements on accepted
Auditing practices, Internal Control and the need for its evaluation by the
Auditor for skill development
Audit Procedures: Verification programme-selective verification, Audit
in depth, test checking, Auditor’s Approach to statistical sampling, Routine
II checking, vouchers, verification and valuation of assets and liabilities, 12
Auditor’s Report on Profit and Loss Account and BalanceSheet for better
skilling of entrepreneurship.
Audit of Limited Companies: Qualifications and Appointment of
Company Auditors, their powers, duties and liabilities as per Company
Act 1956, Enquiries under Section227(IA), Audit of share capital, share
III 08
transfer and managerial remuneration, Additional matters in the Auditor’s
Report (Manufacturing and other companies), Auditor’s Report Order 1988
knowledge for better employability in industry.

Audit of Public Sector Undertaking and Banks: Special features

concerning Audit of departmental undertakings, Statutory Corporations and
Government Companies, Procedure of appointment of Auditors, Special
features relating to the audit of Banks, Audit of Insurance Companies and
audit of non-profit companies.
IV 12
Cost Audit: Importance of cost audit, Provisions regarding cost audit, Cost
Audit report, Tax and Social Audit
Internal Audit: Objective and scope of Internal Audit, Responsibilities
and Authority of Internal Auditors, Relationship between internal auditor
and statutory auditor for entrepreneurship & employability
Course Outcomes: Students completing this course will be able to:
CO1: Identify the methodology of accounting and audit and audit process for skill development.
CO2: Assess the different types of Audit Procedures followed by national and international
companies for employability.
CO3: Understand the Audit of Limited Companies for employability.
CO4: Describe the concept of Audit of Public Sector Under taking and Banks, cost audit and
internal audit for entrepreneurship & employability.

89
 Mapping course outcomes leading to the achievement of program outcomes:

PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8

CO1 3 1 1 2 2 2 2 2

CO2 2 3 1 1 1 1 1 2

CO3 3 2 1 2 1 1 1 1

CO4 2 2 1 1 1 1 3 2

CO-Curriculum Enrichment Mapping:

Entrepreneurship
Skill Development Employability Development
CO1 3 2 1
CO2 2 3 1
CO3 2 3 1
CO4 2 2 1

Suggested Readings:
1. Aruna, J.: A Student’s Guide to Auditing. Taxmann Publications.
2. Tandon, B.N., Sudharsanam, S. &Sundharabahu, S.: A Handbook of Practical Auditing.
Sultan Chand and sons.
3. Dinkar, P.: Principles and Practice of Auditing. Sultan Chand and sons.
4. The Institute of Chartered Accountants of India, Auditing and Assurance Standards.ICAI,
New Delhi.

Web Sources:
• https://www.slideshare.net/vishwacrv/auditing-notes-27123132
• http://archive.mu.ac.in/myweb_test/study%20TYBCom%20Accountancy%20Auditing-
II.pdf
• http://www.gdcbemina.com/docs/Auditing.pdf
• http://rccmindore.com/wp-content/uploads/2015/06/Auditing123-DYC.pdf

Note-Latest edition of the textbooks should be used.

90
Programme: BCOM Year: Third Semester: Sixth

Course Code: BCOM 603A Course Title: Financial Institutions and Market

Objective: This course explains the concept of financial operations along with the basic form
and norms to the students to inculcate skill, provide employability & entrepreneurial skills.

Unit Topics No. of

Lectures

Financial Markets an Overview: Meaning of Financial Market and its

Significance in the Financial System. Financial Markets in the Organized
Sector – Industrial Securities Market, Government Securities Market,
Long-term Loans Market, Mortgages Market, Financial Guarantee Market, 08
Meaning and Structure of Money Market in India, Characteristics of a
I Developed Money Market, Significance and Defects of Indian Money
Market for skill development.

Capital Market: New issue market - Meaning and Functions of New Issue 12
Market, Instruments of New Issues, Players and their role in the New Issue
II Market, issue-pricing and marketing. Defects and Remedies of New Issue
Market for better skilling of entrepreneurship.

Secondary market: Functions and role of stock exchange; Listing 08

procedure and legal requirements; Public Stock Exchanges-NSE, BSE and
III OTCEI. Functionaries on Stock Exchanges: Brokers, Sub brokers, market
makers, jobbers, portfolio consultants, institutional investors for better
employability in industry.

Investor Protection: Grievances concerning stock exchange dealings and 12

IV their removal, Demat Trading. SEBI Guidelines - Primary Market,
Secondary Market and the Protection of investor’s interest, NCLT &
NCLAT for entrepreneurship.

Course Outcomes: Students completing this course will be able to:

CO1: Understand the terminologies associated with the field of Financial Market and control
along with their relevance for skill development.
CO2: Identify the appropriate method and techniques of Financial Market for solving different
problems used by national and international companies for entrepreneurship.
CO3: Apply basic Financial Market principles to solve business and industry related problems
For employability
CO4: Assess the concept of Primary and Secondary Market, Stock Exchange, SEBI etc for
entrepreneurship.

91
Mapping course outcomes leading to the achievement of program outcomes:

PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8

CO1 2 1 1 2 2 3 2 2
CO2 3 2 1 1 1 1 1 2
CO3 2 2 1 3 1 1 1 1
CO4 2 2 1 1 1 1 2 2

CO-Curriculum Enrichment Mapping:

Entrepreneurship
Skill Development Employability Development
CO1 3 1 3
CO2 1 2 3
CO3 2 3 1
CO4 1 2 3

Suggested Readings:
1. Pandey, I.M.: Financial Management. Vikas Publishing House (P) Ltd.
2. Bhalla, V.K.: Financial Management & Policy. Anmol Publications, Delhi
3. Tulsian, P.C.: Introduction to Accounting. Pearson Education.
4. Kulkarni, P.V.: Financial Management. Himalaya Publishing House, Mumbai.
5. Kucchal, S.C.: Corporation Finance. Chaitanya Publishing House, Allahabad.

Web Sources:
• http://www.yourarticlelibrary.com/financial-management/financial-management-
definition-aims-scope-and-
functions/29384https://accountingexplained.com/managerial/capital-budgeting/
• http://www.yourarticlelibrary.com/financial-management/capital-structure/capital-
structure- meaning-concept-importance-and-factors-accounting/65150
• http://www.yourarticlelibrary.com/theories/theories-of-dividend-walters-model-gordons-
model- and-modigliani-and-millers-hypothesis/29462
• https://www.wisdomjobs.com/e-university/working-capital-management-tutorial-
360/working- capital-management-theories-introduction-11875.html

Note-Latest edition of the textbooks should be used.

92
 Programme: BCOM Year: Third Semester: Sixth

Course Code: BCOM 603C Course Title: Business Ethics and Corporate Governance
Objective: This course seeks to provide knowledge about the concepts, tools, techniques, and
relevance of Business Ethics and Corporate Governance in the present changing scenario to inculcate
skill, provide employability & entrepreneurial skills.
Unit Topics No. of
Lectures

Values–Importance, Sources of Value Systems, Types, Values, Loyalty

and Ethical Behaviour, Values across Cultures; Business Ethics–Nature, 08
I Characteristics and Needs, Ethical Practices in Management for
employability and entrepreneurship.

The Ethical Value System– Universalism, Utilitarianism, Distributive

Justice, Social Contracts, Individual Freedom of Choice, Professional
II Codes; Culture and Ethics–Ethical Values in different Cultures, Culture 08
and Individual Ethics for skill development.

Law and Ethics–Relationship between Law and Ethics, Other Bodies in

enforcing Ethical Business Behaviour, Impact of Laws on Business Ethics;
Social Responsibilities of Business– Environmental Protection,Fair Trade
III Practices, Fulfilling all National obligations under various Laws, 12
Safeguarding Health and well-being of Customers for entrepreneurial skills
and employability in industry.

Corporate Governance: Issues, need, corporate governance code,

transparency & disclosure, role of auditors, board of directors and share
holders; Global issues of governance, accounting and regulatory frame
IV work, corporate cams, committees in India and abroad, corporate social 12
Responsibility for entrepreneurship. Skill.

Course Outcomes: Students completing this course will be able to:

CO1: Understand the importance sources of value systems, types, values, loyalty and ethical
behavior for employability and entrepreneurship.
CO2: Appreciate the ethical value system–universalism, culture and individual ethics for skill
development.
CO3: Be aware of the law and ethics–relationship between law and ethics for entrepreneurial skill
and employability.
CO4: Identify the corporate governance: issues, need, and corporate governance code for
entrepreneurship

95
Mapping course outcomes leading to the achievement of program outcomes:

PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8

CO1 2 1 1 2 2 2 2 3
CO2 2 3 1 1 1 1 1 2
CO3 2 2 1 2 1 1 1 1
CO4 2 2 1 1 1 1 2 3

CO-Curriculum Enrichment Mapping:

Entrepreneurship
Skill Development Employability Development
CO1 1 2 3

CO2 3 1 2

CO3 2 3 2
CO4 1 1 3

Suggested Readings:

1. Rani, G.D. & Mishra, R.K.: Corporate Governance-Theory and Practice. Excel
Books, New Delhi
2. Sharma, J.P.: Corporate Governance, Business Ethics & CSR. An eBooks Pvt
Ltd, New Delhi
3. Sharma, J.P.: Corporate Governance and Social Responsibility. Taxman
Publications.
4. Mallin, C.A.: Corporate Governance (Indian Edition), Oxford University Press.
5. Blow field, M. &Murray, A.: Corporate Responsibility, Oxford University
Press.

Website Sources:
• www.oecd.org
• www.nseindia.com
• www.sebi.gov.in
• www.indianlaw.in
• www.digitalindia.gov.in
• www.managementhelp.org

Note-Latest edition of the text books should be used.

96
 Programme: BCOM Year: Third Semester: Sixth

Course Code: BCOM CCC 601 Course Title: Communication Skills and Personality
Development
Objective: This course seeks to enhance the personality which helps in interview, group discussion and
communication for self-confidence to inculcate skill, provide employability & entrepreneurial skills.
Unit Topics No. of
Lectures
PERSONALITY AND PERSONAL GROOMING
Understanding Personality
• Definition and Meaning of Personality 08
I
• Types of Personality
• Components of Personality
• Determinants of Personality
• Assessment of PersonalityGrooming Self for skill development
• Dress for success
• Make up & skin care
• Hair care & styles for formal look
• Art of accessorizing
• Oral Hygiene
INTERVIEW PREPARATION AND GROUP DISCUSSION
• Meaning and Types of Interview [ Face to Face, Telephonic, Video]
• Interview procedure [ Opening, Listening, Closure]
II 08
• Preparation for Interview
• Resume Writing
• LinkedIn Etiquette
• Meaning and methods of Group Discussion for employability in
industry.
• Procedure of Group Discussion.
• Group Discussion simulation
• Group discussion common error
BODY LANGUAGE AND BEHAVIOUR
Concept of human behavior
Individual and group behavior for skill development and employability.
Developing Self-Awareness
III Behaviour and body language 12
Dimensions of body language:Proxemics
Haptics
Oculesics
Paralanguage
Kinesics
Sign Language
Chromatics
Chronemics
Olfactics
97
 Cultural differences in Body Language
Business Etiquette & Body language
Body Language in the Post Corona Era
Virtual Meeting Etiquette
Social Media Etiquette.
ART OF GOOD COMMUNICATION
• Communication Process for entrepreneurship
• Verbal and Non-verbal communication
• 7 C’s of effective communication
IV • Barriers to communication 12
• Paralinguistic Pitch
Tone Volume VocabularyWord stressPause
• Types of communicationAssertive
Aggressive Passive Aggressive
• Listening Skills
• Questioning Skills
• Art of Small Talk
• Email Writing
Course Outcomes: Students completing this course will be able to:
CO1: To understand the concept of Personality for skill development.
CO2: To learn to make good resume and prepare effectively for interview for employability.
CO3: To learn to perform effectively in group discussions and able to manage oneself while
communicating for skill development and employability.
CO4: To acquire good communication skills prefer by national and international companies and
develop confidence for entrepreneurship skill.

Mapping course outcomes leading to the achievement of program outcomes:

PO1 PO2 PO3 PO4 PO5 PO6 PO7 PO8

CO1 2 2 1 3 2 2 2 3
CO2 2 1 1 1 2 1 2 3
CO3 3 2 2 2 1 2 1 1
CO4 2 1 1 1 2 1 2 3

98
CO-Curriculum Enrichment Mapping:
Entrepreneurship
Skill Development Employability Development
CO1 3 2 3

CO2 1 3 2

CO3 3 2 2
CO4 1 1 3

Suggested Readings:

1. Cloninger, S.C., “Theories of Personality: Understanding Person”, Pearson, New York.

2. Luthans F, “Organizational Behaviour”, McGraw Hill, New York.
3. Barron, R.A. & Brian D, “Social Psychology”, Prentice Hall of India.
4. Adler R.B., Rodman G. & Hutchinson C.C., “Understanding Human Communication”,
OxfordUniversity Press: New York.

Website Sources:
• https://oms.bdu.ac.in › admin › contents
• https://www.careerguide.com
• https://www.bharathuniv.ac.in

Note-Latest edition of the text books should be used.

99