Proposed MBA Syllabus

of
Affiliated 7 Colleges of Dhaka University

Syllabus for One -Year MBA Program

Effective for Session 2022-2023

Subject: Accounting

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 MBA Syllabus
Dhaka University - Affiliated 7 Colleges
Subject: Accounting
Syllabus for One-Year Master’s Program (MBA)
Effective from the session: 2022-2023 and onwards

Paper Code Paper Title Credits Credits Credits

Foundation Courses:
Acc. 255001 Principles of Accounting 3
Acc. 255002 Principles of Finance 3
Acc. 255003 Principles of Management 3
Acc. 255004 Principles of Marketing 3
12
Core Courses:
Semester-01
Acc. 256001 Applied Accounting Theory (In English) 3
Acc. 256002 Corporate Laws and Practices 3
Acc. 256003 Strategic Management Accounting 3
Acc. 256004 Strategic Management 3
Acc. 256005 Corporate Governance (In English) 3

Semester-02
Acc. 256006 Corporate Financial Reporting 3
Acc. 256007 Corporate Tax Planning (In English) 3
Acc. 256008 Advanced Auditing & Assurance 3
Acc. 256009 Computerized Accounting 3
Acc. 256010 Accounting Standards and Practices 3
30
Viva & Internship / Project Paper:
Acc. 256011 Viva -voce 3
Acc. 256012 Internship / Project Paper : 3
Internship Report / Project Paper 1.5 (50%)
Report Defense 1.5 (50%)
06
Total = 48

N.B. (i) The Course Structure comprises 48 credits including 14 courses of 3 credits each, Viva-voce 3 credits
and Project Paper or Internship 3 credits (1.5 credits for report preparation/internship and 1.5 credits for
defense/presentation).
(ii) Exemption/waiver of 12 credits of Foundation courses would be allowed for BBA graduates of Seven DU
Affiliated Government (SeDAG) Colleges comprising 4 courses of 3 credits each.
(iii) Final examination will be 3 (three) hours for answers of 4 (four) questions out of 7 (Seven).
(iv) Passing CGPA is 2.50 on a scale of 4.00.
(v) Marks distribution of each course of 100 marks is as follows:

Class Attendance 05 marks

Assignment, Class Presentation and Class Participation 05 marks
Mid-Term (I hour) 10 marks
Final Examination (3 hours) 80 marks
Total 100 marks

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Foundation/ Waived Courses:
Acc. 255001: Principles of Accounting
Course Objectives:
This course is designed:
(i) to develop students' understanding of basic concepts of accounting, accounting process, and the
application of the conceptual framework in such process.
(ii) to develop their abilities to complete the accounting cycle ending with preparation and presentation of
financial statements.
(iii) to equip the students with the knowledge and ability to understand and analyse the information
communicated through the Financial Statements.
1. Accounting - The Language of Business: Definition and Scope of Accounting, Its role and
Functions, History of Accounting, Purpose and Nature of Accounting Information; Users of
Accounting Information; Branches of Accounting- Nature of Business and Accounting.
2. Conceptual Framework for Financial Accounting: FASB Conceptual Frame for Financial
Accounting-First Level: Basic Objectives (SFAC-1); Second Level: Qualitative
Characteristics of Accounting Information (SFAC-2); Third Level: Operational Guidelines.
3. The Accounting Process: Double-Entry Accounting System (vis-à-vis Incomplete System;
Accounting Equation - Effects of Transactions on the Accounting Equation; The Account-
Classification of Accounts, Selection of Account titles, Chart of Accounts, Coding-Rules of
Debit and Credit, Balancing and Normal Balance, Recording (Bookkeeping) Aspect of
Accounting Cycle.
4. Preparation of Voucher: Documentary Evidence and Identification, Analysis, and
Recording of Transactions and Other Events; Journalizing-Posting to the Ledger; Preparation
of Trial Balance; Limitations of Trial Balance; Errors and their Rectification.
5. The Adjustment Process and Completing the Accounting Process: Key aspects of the
Accrual basis of accounting; Adjustments- Adjusted Trial Balance; Preparation of Work
Sheet; Closing Entries; Post-Closing Trial Balance; Special Journal Entries – Adjusting,
Closing, Opening, Transferring, Rectifying Entries; Reversing Entries.
6. Preparation of Financial Statements: Different Types of Financial Statements used for
Financial Reporting.
(a) Income Statement / Statement of Comprehensive Income, Preparation of Comprehensive
Income Statement: Single-step and Multiple-step Income Statement, Common size and
Comparative Income Statements.
(b) Balance Sheet / Statement of Financial Position; Common size & Comparative forms, etc.
(c) Owners’ Equity Statement.
(d) Statement of Cash Flows.
(e) Notes to Accounts and Accounting Policies.
7. Merchandising Operations and Accounting system: Merchandising Operations and
Classifying Inventory; Purchases, Sales, Other Use or Loss and Returns of Merchandise
Inventory; Periodic and Perpetual Inventory Systems and Journal Entries; Preparation of
Multiple-Step Income Statement and Classified Balance Sheet for Merchandising
Organizations.
8. Accounting Systems and Special Ledgers: Manual and Computerized Accounting Systems
and their effectiveness; The Voucher System-General Ledgers and Subsidiary Ledgers:
General Ledger Control Accounts and Subsidiary Ledger Individual Accounts; Special
Journals: Advantages of Special Journals, Cash Receipts Journal, Sales Journals, Purchase
Journal, Cash Payments Journal and General Journal.

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9. Accounting for Incomplete Records: Preparation of Financial Statements from Incomplete
Records.
10. Accounting for current liabilities:
Account Payable; Notes Payable; Current Maturities of Long-Term Debt; Short-Term
Obligation Expected to be Refinanced; Dividends Payable; Customer Advances and
Deposits; Unearned Revenues; Sales and Value-Added Taxes Payable; Employee-Related
Liabilities.
11. Basic Ideas on Financial Statement Analysis:
Analysis helps to develop accurate information, Ratio analysis – Basic Group of Ratios:
Liquidity, Activity, Profitability and Solvency; Cash-flows analysis, Horizontal analysis and
vertical analysis of comparative financial statements; Preparation and use of common-size
financial statements.
Recommended Text Books:
1. Jerry J. Weygandt, Paul D. Kimmel and Donald E. Kieso. Financial Accounting, IFRS Edition
(John Wiley & Sons, Inc.).
2. Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield. Intermediate Accounting, IFRS
Edition (John Wiley & Sons, Inc.).
3. Belverd E. Needles, Marian Powers and Susan V. Crosson. Principles of Accounting (Houghton
Mifflin Company).
4. Prof. Shanti Narayan Ghosh et al. Principles of Accounting, Nadi Publications, Dhaka,
Bangladesh.
5. Dipak Kumar Biswas. Principles of Accounting, Millennium Publications, Dhaka, Bangladesh.

Acc. 255002: Principles of Finance

Course Objectives:
This course is designed:
(i) to provide students with a sound theoretical knowledge on principles and practices of business
finance.
(ii) to teach students the techniques of use of finance.

1. Introduction:
Goals and Functions of Business Finance; The Financial Manager; Objectives of Finance; The
Financial Strategy Process; Impact of Financial Markets and Other External Factors on a Business’s
Financial Strategy; Functions of Business Finance; Functions of the financial officers; Goal of
Finance: Profit Maximization vs. Shareholders’ Wealth maximization; Ethics in Business Finance;
The Agency Problems.
2. Financial Environment:
Markets and Institutions: The Financial Markets, Types of Markets: Primary Markets vs. Secondary
Markets; Financial Institutions; The Stock Market; Fiscal Environment; Corporate Taxation;
Government Investment Policy.
3. Concepts in Valuation:
Time Value of Money; Time Lines; Future Value and Compounding; Present Value and Discounting;
Opportunity Cost Rate; Fair/Equilibrium Value; Net Present Value (NPV); Future and Present Values
of an Annuity; Perpetuities—Amortized Loan and Amortization Schedule; Market Value, Economic
Value, Internal Rate of Return (IRR) of an Investment.

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4. Concepts of Return and Risk:
Uncertainty, Risk and Return; Risk-free and Risk-adjusted Return; Bond Returns; Return from a
Stock Investment; Types of Risks: Business Risk and Financial Risk, Total Risk and Specific Risk,
Diversifiable Risk and Systematic Risk, Single-Asset Risk and Portfolio Risk; Risk Measurement:
Variance, Standard Deviation and Coefficient of Variation.
5. Introduction to Security Valuation:
Valuation of Bond and Debenture; Valuation of Preferred Stock; Valuation of Common Stock.
6. Cost of Capital:
Concepts of Cost; Comparison; Costs of Different Financing sources; Cost of Debt; Cost of
Irredeemable Debentures; Cost of Redeemable Debentures; Cost of Bank Loans and Overdrafts; Cost
of Preferred Stock; Cost of Common Equity; Cost of Retained Earnings; CAPM Approach; Bond:
Yield-plus-Risk - Premium Approach, Dividend-Yield-plus-Growth-Rate; Discounted Cash Flow
(DCF) Approach; Cost of Newly Issued Common Stock or External Equity; Weighted Average Cost
of Capital (WACC); Rationale for WACC; Marginal Cost of Capital (MCC); MCC Schedule, Break
Points; Factors affecting the Cost of Capital, Different Uses of Cost of Capital. Capital Structure and
its Costs.
7. Financing Decision - Sources of Financing and Instruments Used Therein:
Short-term Financing; Intermediate-term Financing; Long-term Financing; Factors affecting a
Company’s Choice of Finance; Concepts of Warranties, Covenants, Guarantees; Financing Problems
of Small Firms.
8. Investment Decision – Considerable Factors and Methods:
Considerable Factors in investment decision or Capital Budgeting; Ways of evaluating investment
proposal or Project Appraisal, Methods used for Capital Budgeting, etc.
9. Dividend Decision – Considerable Factors and Methods:
Considerable Factors in Dividend Decision or Redistribution Decision; Ways of Dividend Payment,
Payout or Retention ratios, etc.
10. Financial institutions:
Commercial, Special and Development Financial Institutions: Indigenous and Global, Perspectives,
Functions and Performances of financial institutions in Bangladesh and in the world. Evaluation of
Performances of IBRD (World Bank), ADB. AIDB, IDB, I-ADB, BRICKS, etc.
Recommended Text Books:
1. J. F. Weston and E. F. Brigham. Essentials of Managerial Finance (Thomson South-Western).
2. Eugene F. Brigham and Joel F. Houston. Fundamentals of Financial Management (Thomson South-
Western Inc.).
3. James Van Horne and John M. Wachowicz, Jr. Fundamentals of Financial Management (Prentice
Hall Inc.).
4. Prof. Nipul Kanti Bala et al. Principles of Finance, Nadi Publications, Dhaka, Bangladesh.
5. Prof. Md. Nazim Uddin Bhuiyan & Prof. Shabbir Ahmad. Principles of Finance (NaSyPeC
Publications).

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Acc. 255003: Principles of Management
Course Objective(s): This course is designed:
(i) to provide basic understanding of different forms of business, industry and service.
(ii) to give the students a basic understanding of the role and functions of; and principles,
concepts and techniques used by managers,
(iii) to acquaint students with the complexity and wide verity of issues managers face in
day to day business operations.
1. Introduction to Management: Meaning; Scope; Importance; History of Management,
Principles; Rules of Management; Is Management Science or Art? Is Management a
Profession? Management vs. Administration, Areas of Management, Functions of
Management: Planning, Organizing, Staffing, Leading, Motivating and Controlling;
Management as a Career; Global Management.
2. Schools of Management: History of Management; Early Contributions to Management;
Various Approaches to Management: Taylor’s Scientific Management; Functional or Process
Approach; Fayol’s Principles of Management; Human Relations; Behavioral Science
Approach; Quantitative Approach; Systems Approach; Contingency Approach; Other
Contemporary Approaches to Management.
3. Planning: Meaning; Importance; Nature; Types; Steps; Factors Affecting Planning;
Planning Techniques; Limits of Planning; Making Planning Effective.
4. Organizing: Meaning; Nature; Importance; Span of Management; Departmentation,
Authority and Responsibility; Types of Organization at Structure; Delegation of Authority;
Departmentalization of Authority; Problems in Organizing.
5. Staffing: Meaning; Purpose; Importance; Recruitment; Selection; Training; Promotion;
Developing Managers; Using Manager Inventory Chart.
6. Leading: Meaning; Importance; Ingredients of Leadership; Styles of Leadership;
Autocratic; Democratic and Free-Reign-Likers’ System; Managerial Grid Approach;
Theories of Leadership.
7. Motivating: Meaning; Motivation and Motivator; Importance; The Need-want-satisfaction-
Chain; Theory of Motivation; McGregor’s Theory X and Theory Y; Maslow’s Need
Hierarchy Theory; Herzberg’s Two Factors Theory; Vroom’s Expectancy Theory;
McClelland’s Achievement; Motivation Theory; Various Motivation Techniques.
8. Controlling: Meaning, Nature; Importance; Controlling process; Requirements of an
Effective Control System; Controlling Techniques.
9. Specialized Areas of Management: Personnel or Human Resource Management (HRM),
Strategic and International Management (SIM), Small Business (SBM), Project Management,
Marketing Management, Financial Management, etc.
10. Management in Bangladesh: Private and Public Sectors’ Managements, Efficiencies and
Electiveness’, Public Corporations’ Management, etc.
Recommended Text Books:
1. Jeff Madura. Introduction to Business (South-Western College Publishing).
2. W. M. Pride, J. R. Hughes and R. J. Kapoor. Foundation of Business (South-Western College Publishing).
3. L. E. Boone and D. L. Kurtz. Contemporary Business (John Wiley and Sons).
4. Harold Koontz and Heinz: Management A global perspective.
5. W. Ricky Griffin: Management (Houghton Mifflin Company).
6. Richard L. Daft. Management (Thomson South Western).

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Acc. 255004: Principles of Marketing
Course Objectives:
This course is designed:
(i) to give an insight into the various aspects of marketing essential for students of
accounting.
(ii) to expose the students of accounting to the concepts, principles, and fundamentals of
marketing.
1. Understanding Marketing and the Marketing Process:
a) Assessing marketing’s Critical Role in Organizational Performance: What is marketing;
Core Concepts; Marketing Management; Marketing Orientations.
b) Building customer Satisfaction through Quality, Service and Value: Define Customer
Value and Satisfaction; Customer Relationship Management (CRM); Delivering Customer
Value & Satisfaction; Attracting & Retaining customers.
c) Winning Markets through Market Oriented Strategic Planning: Corporate and Division
Planning; Business Strategic Planning; The Marketing Process.
2. Analysing Marketing Opportunities:
a) Scanning the Marketing Environment: Analysing the Macro and Micro Environment;
Responding to the Marketing Environment.
b) Analysing Consumer Markets and Buying Behavior: Model of Consumer Behavior;
Characteristics affecting Consumer; Types of Buying Decision Behavior; The buyer Decision
Process; The Buyer Decision Process for New Products.
3. Designing a Customer Driven Strategy and Mix:
a) Market Segmentation: Segmenting Consumer Markets Requirements for Effective
Segmentation.
b) Market Targeting: Evaluating Market segments; Selecting Target Market Segments.
c) Differentiating and Positioning the Market Offering: Tools for Competitive
Differentiation; Developing a Positioning Strategy; Communicating the Chosen Position.
d) Building Customer Value: Products, Services and Brands: Products, Services and
Experiences: Levels of a Product; Product Classifications; Individual Product and Service
Decisions; Product Line Decisions; Product Mix Decisions; Brands: Brand Equity; Building
Strong Brands; Managing Brands.
e) Services Marketing: Nature and Characteristics of Services and Their Marketing
Implications; Marketing Strategies for Service Firms.
f) Developing New Products: Process of New Product Development.
g) Managing Life Cycle Strategies: The product life cycle (PLC); Marketing Strategies
throughout the PLC.
h) Capturing Customer Value: Pricing and its Strategies: What is Price; Factors to Consider
when Setting Prices; Pricing Approaches; New Product Pricing Strategies; Product Mix
Pricing Strategies; Price Adjustment Pricing Strategies; Initiating & responding to Price
Changes.
i) Delivering Customer Value: Marketing Channels: What are Marketing Channels; Channel
Functions; How Channels Add Value; Channel Levels; Channel Design Decisions.
j) Managing Retailing and Wholesaling: Retailing- Wholesaling.

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k) Designing and Managing Integrated Marketing Communications: Role of Marketing
Communications; Marketing Communication /Promotion Mix; Identify the Target Audience-
Determine the Communication Objective; Designing the Message; Selecting the
Communication Channel; Establishing the Total Promotional Budget; Deciding on the
Promotion Mix; Characteristics of Marketing Communication Mix; Factors in Setting the
Marketing Communication Mix.
l) Managing Advertising, Sales Promotion and Public Relations: Developing and Managing
an Advertising Program; Purpose of Sales Promotion; Major Decisions in Sales Promotion-
Major Decisions in Marketing PR.
m) Managing the Sales Force: Designing the Sales Force; Managing the sales Force-
Principles of Personal Selling.
n) Managing Direct and Online Marketing: Growth and Benefits of Direct Marketing-Major
Channels for Direct Marketing-Marketing in the 21st century.
4. De-Marketing: De-Marketing and its use in reducing use detrimental products.
5. Social Marketing: Social Marketing and its position in Bangladesh.
6. Marketing in Bangladesh: Position Marketing in Bangladesh, Efficiencies of marketing in
Bangladesh, Marketing media used in Bangladesh.
7. Sustainable Marketing: Social Responsibility and Ethics; Sustainable Marketing; Social
criticisms of marketing; Consumers’ actions toward sustainable Marketing; Business actions
toward sustainable marketing.
8. International Marketing: The Global Market Place and Global marketing today. Deciding
whether to go global. Deciding which markets to enter. Deciding how to enter the market.
Deciding on the global marketing program. Deciding on the global marketing organization,
MNCs’ operations and Marketing.

Recommended Text Books:

1. Philip Kotler and Gary Armstrong. Principles of Marketing (Prentice Hall).
2. Philip Kotler. Marketing Management: Analysis, Planning, Implementation and Control
(Prentice Hall).

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Core Courses:
First Semester:

Acc. 256001: Applied Accounting Theory (In English)

Course Objectives:

This course is designed putting the focus on application of accounting theory. This course
covers the evolution of accounting thought, structure of accounting theory, accounting
postulates, concepts and principles, income, revenues, expenses, gain and losses, assets and
liabilities valuation and many more. As a special issue, focus is also given in the areas of
segment reporting, social reporting and human resource reporting. Upon completion of the
course, students will be able to apply theoretical knowledge of accounting concepts,
principles and theories to financial reporting issues.

1. History and Evolution of Accounting Thoughts: Early History of Accounting – Origin and
Growth of Accounting Knowledge and the Double Entry System – Industrial Revolution and
Development of Accounting – Accounting in 21st Century – Accounting & Accountability.
2. An Overview of Developments of Accounting Theory:
(i) Accounting Theories: Structural (syntactical), Interpretative (semantic), Behavioural
(pragmatic).
(ii) Approaches to Accounting Theory: The process of Theory Construction - Traditional,
Deductive & Inductive Approaches- Economic & Elective Approach-Modern Approach:
Event Approach-Decision Model Approach-Behavioural, Elective Approach-Predictive
Approach-Human Information Processing–Information Economics Approach.
(iii) Foundation of Accounting Theories: Decision Theory-Proprietary Theory-Entity Theory-
Measurement Theory-Enterprise Theory-Information Theory.
3. Review of Conceptual Framework of Accounting - Accounting Postulates, Concepts and
Principles: Postulates - Independent Entity– Going Concern – Money Measurement –
Accounting Period; Principles – Cost – Dual-Aspects – Matching – Consistency – Full
Disclosure & Materiality – Generally Accepted Accounting Principles (GAAP).
4. Income Concepts: Different Concepts of Income Measurement – Accounting Income –
Economic Income – Capital Maintenance Income – Financial Capital Maintenance – Physical
Capital Maintenance – Operating and Non-Operating Income – Comprehensive Income.
5. Revenue, Expenses, Gain and Losses: Revenues – Revenue Recognition Criteria –
Measurement of Revenue – Scope and Measurement of Expenses – Recognition and
Measurement of Gain and Losses.
6. Valuation of Business, Goodwill & Shares: Necessities and Process of Valuation –
Valuation of Fixed Assets and Current Assets – Valuation of Intangible Assets – Fair Value
Measurement.
7. Liabilities and Equities: Current Liabilities – Non-current Liabilities – Contingent
Liabilities - Valuation of Liabilities – Nature of Ownership – Theories of Equity.
8. Financial Reporting: Objectives – Development of Financial Reporting – Benefits –
General Purpose Financial Reporting – Qualities of Financial Information.
9. Segment Reporting and Social Reporting: Need for Segment Reporting – Advantages and
Problems of Segment Reporting - Need for Social Reporting – Social Disclosures in Annual
Report.

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10. Human Resources Accounting (HRA): Meaning of HRA – Uses & Objective of HRA
Important Factors in Developing HRA – Valuation of HR- Recording and Measurement of
Human Resources.
11. An Overview of Standards on Accounting: International Accounting Standards (IASs);
International Financial Reporting Standards (IFRSs); International Standards on Auditing
(ISAs); International Public Sector Accounting Standards (IPSASs); Standards on Cost
Standards; etc. International Organization of Supreme Audit Institutions ((IntOSAI);
Information System Auditing, etc.
12. National Income Accounting: Social Accounting or National Income Accounting -
Methods used, etc.
13. Emerging Issues in Accounting (HRA): Forensic Accounting, Corporate Social
Responsibility (CSR) Accounting, Environmental Accounting & Reporting, Carbon
Accounting, Intellectual Capital Reporting, Intellectual Properties Accounting, etc.

Recommended Books:

01. Richard G. Schroeder and Myrtle W. Clark. Accounting Theory: Text and Readings, John
Wiley & Sons, Inc.: NY, 1994.
02. Ahmed Riahi Belkaoui. Accounting Theory (Harcourt).
03. C. Deegan. Financial Accounting Theory (McGraw-Hill Australia Pty Ltd.).
04. J. Godfrey, A. Hodgson, A. Tarca, J. Hamilton and S. Holmes. Accounting Theory (John
Wiley & Sons Australia, Ltd.).
05. Eldon S. Hendriksen, Accounting Theory, Richard D. Irwin, 1984.

Acc. 256002: Corporate Laws & Practices

Course Objectives:

This course has been designed:

(i) to provide students an overview of knowledge on Business and Non-corporate laws in
Bangladesh.
(ii) to provide students sound and in-depth knowledge on corporate laws and practices in
Bangladesh.

Part-A: Corporate Laws - 80%

1. Company Act (The Companies Act, 1994, XXVIII of 1994)

(i) Company & related act: History and Evolution.

(ii) Background and Evolution of Company Law in Bangladesh; Types of companies-Statutory,

Public, Private, etc. Formation of a company.

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(iii) Company- Constitution and Incorporation: Memorandum of Association (MoA), Articles of
Association (AoA), Distribution of Share Capital, Reduction of Share Capital, Variation of
Shareholders’ Rights, Conversion of Private Company into Public Company and Vice-Versa.

(iv) [a] Company - Management & Administration, Office & Name, Meeting & Proceeding,
Prospectus and Statement in Lieu of Prospectus, Rights of Members to Copies of Account and Report,
Protection of Minority Interest.

[b] Definition of CG; Importance of CG; Theoretical Frameworks: Agency Theory, Stewardship
Theory, Transaction Cost Economics, Stakeholder Theory, Resource Dependence Theory, Theory of
Managerial Hegemony; CG Systems: Insider System, Outsider System; CG Elements: Internal
Mechanisms, External Mechanisms.

(v) Company Winding Up, Mode of Winding Up; Winding Up by Court; Voluntary Winding Up.

2. Banking Act - Act Related to Banks (Banking Companies Act, 1991):

Banking Company- Formation and Nature of Business, Provisions of Banking Companies Act, 1991
relating to Accounts and Audit; Audit Reports, Bank Final Accounts / Financial Statements - Profit &
Loss Account & Balance Sheet, AIS / IFRS for Banks, IAS-30.

3. Insurance Business Acts:

(a) Insurance Company- Formation and Nature of Business, Different types of business, Accounting,
Audit & Reports.

(b) Acts Related to Insurance (Insurance Act, 2010 / Insurance Act, 1938)
(i) Regulation of Life, General & Other types of insurances;

(ii) Provisions applicable to insurances; Investment & Loans Management; Commission & Rebates;
and Licensing agents; Winding up; Mutual Insurance Companies and Co-operative Life Insurance
Societies.

(iii) Insurance Accounts:

(x) Revenue Account and Balance Sheet of Life Insurance Companies: Revenue Account, Profit &
Loss Account and Balance Sheet of General Insurance Companies.

(y) Insurance Claim Determination: Stock Insurance; Loss of Profit Insurance; Loss of Properties.

4. Act Related to Financial Institutions (Financial Institutions Act, 1993)

(i) Rules & Regulations for Investment Banks, Merchant Banks, Deposit Houses, Finance
Companies, Leasing Companies, etc.
(ii) CDBL Rules.

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Part-B: Non-Corporate Laws - 20%

5. Arbitration (Arbitration Act, 2001): Arbitration Agreement; Subject Matter of Arbitration;

Arbitration; Arbitration Tribunal; Arbitral Proceedings; Arbitral Award; Appeals, etc.

6. Law of Negotiable Instruments (Negotiable Instruments Act, 1881): Definitions, Essential

Elements, Characteristics of Negotiable Instruments, Distinction between Note and Bill, Bill of
Exchange and Cheque, Cheque and Note, Dishonor of Cheques, etc.

7. Non-Corporate Law - Partnership Act, 1932:

Essential elements; Formation of partnership; Rights & duties of partners; Partner & Agent;
Dissolution of partnership firm.

8. Other Relevant Acts. Income Tax Act, 2023, etc.

Recommended Textbook(s):

01. The Companies Act, 1994 (XIV of 1994).

02. The Bank Companies Act, 1991.
03. The Companies (Foreign Interest) Act, 1918 (XX of 1918).
04. The Undesirable Companies Act, 1958 (X of 1958).
05. Arbitration Act, 2001.
06. Negotiable Instruments Act, 1881.
07. Partnership Act, 1932.
08. Income Tax Act, 2023 (/ ITO 1984).

Acc. 256003: Strategic Management Accounting

Course Objectives: This course highlights focus on Strategic Management Accounting.

1. Perspective of Strategic Management Accounting: Historical evolution of Management

Accounting & Strategic Management Accounting-Difference between Management
Accounting and Strategic Management Accounting –Necessity of Management Accounting
Information-The relationship among Financial Accounting, Cost Accounting, Cost
Management and Strategic Cost Management-Theoretical perspectives of Strategic
Management Accounting.

2. Conceptual Issues in Strategic Management Accounting: Vision, Mission, Strategy, Goals,

Objectives, and Strategy Topology: Vision statement and mission statement-strategy-goals,
strategic decisions-strategic business unit-types of strategy-environmental uncertainty–
Strategy and Environment-Management Control–Strategic Planning, Program planning-
economy, efficiency, & effectiveness-competitive strategy & costing systems.

3. Activity Based Costing (ABC) and Activity Based Management (ABM): ABC
Classification of organizational activities for an ABC System-Traditional Cost Systems vs.
ABC system–Limitations of ABC- Features of Activity Based Management. Customer
Profitability Analysis / Customer Analysis (CPA / CA) and ABM-Implementation of CPA.

4. Strategic Cost Management: Lean production-JIT production and ABC Target Costing,
Kaizen costing and Product Life Cycle Costing (PLC), -Product Development-Value
Engineering Analysis-Quality Function Deployment.

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5. Quality Costing, Total Quality Management and Management Accounting Systems:
Dimensions of Quality-Quality Costs-Hidden quality costs-Cost of dissatisfied customer-
Taguchi Loss Function-TQM Benchmarking.

6. Accounting for Value Chain Analysis (VCA): Value Chain Concept-Value Added
Analysis and Value Chain Analysis-Porter’s value chain framework- Management
accounting system in the value chain framework.

7. Responsibility Accounting: Decentralization, Theoretical perspective of Responsibility

Center, including Investment Center, Cost Centre, Profit Centre, etc. and Segment Reporting-
Key financial measures like ROI, RI, EVA, MVA; Transfer Pricing – Methods & Uses.

8. Balanced Scorecard (BSC) & Measuring Non-Financial Performance: Importance of non-

financial performance measurement -Key non-financial performance measures-building a
strategic performance measurement system -Balanced Scorecard and its evolution -Linking
BSC with the strategy of the organization -Arguments for Balanced Scorecard adoption –
Linking BSC with Knowledge Management.

Recommended Books:

1. Kaplan, R. S. and A. A. Atkinson. Advanced Management Accounting, Latest Edition.

Delhi. Pearson Education Asia.
2. Smith, M. Strategic Management Accounting: Issues and Cases, NSW: Butt. Publications.
3. Hoque, Z. 2001. Strategic Management Accounting: Concepts, Processes, and Issues. 2nd
Edition, Rollinsford. NH: Spiro Press.

Acc. 256004: Strategic Management

Course Objectives: This course is designed to focus on Strategic Management issues, etc.

1. Strategic Management: Definition, benefits and limitations of Strategic Management.

Guidelines for Strategic Management.

2. Key Terms in Strategic Management: Different Concepts; Strategy, Competitive

management, Vision and mission statements, Contents of vision and mission statements,
Importance of mission statement, SWOT analysis, Objectives-long term and short-term,
policies.

3. Strategic Management Process/Model: Strategic Management Process, Models of Strategic

Management.

4. The External Environment: Remote environment, industry environment, Competitive

forces shaping strategy, Operating environment.

5. Internal Environment Analysis: Efficiencies of company’s present working strategy,

Approaches to determine the health of the company -Use of SWOT analysis -Functional
analysis -Value chain analysis (VCA).

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6. Formulating Strategy: Long-term objectives-types of strategies-means for achieving
strategies-first mover advantage-outsourcing.

7. Choice of Strategy: SWOT Matrix-Boston Consulting Group (BCG) Matrix, Industry

Attractiveness-Business strength matrix-Grand strategy selection matrix.

8. Implementing Strategy: Short-term objectives- action plan-functional tactics that

implement business strategies-role of policies in strategy implementation.

9. Strategy Evaluation: Meaning, nature and characteristics -Components of an effective

evaluation system -Strategy evaluation framework.

10. Strategic Management Cases: Necessity of Case analysis, -Strategic Management cases, -
Preparing a case for class discussion, -Preparing written case analysis, -Steps in preparing a
comprehensive written analysis, -making an oral presentation.

Recommended Books:

1. Strategic Management Accounting: David, F. 2006. Strategic Management: Concepts and

Cases. 11th Edition. New York, NY: Prentice-Hall.

Acc. 256005: Corporate Governance (In English)

Course Objectives: This course is designed to focus on Corporate Governance issues, etc.

1. Corporate Governance (CG) - Frameworks and Mechanisms: Definition of CG;

Governance, Management and Administration, Governance and Good Governance,
Importance of CG; Theoretical Frameworks of CG: Agency Dilemma, Agency Theory &
Agency Costs,, Stewardship Theory, Transaction Cost Economics, Stakeholder Theory,
Resource Dependence Theory, Theory of Managerial Hegemony; CG Systems: Insider
System, Outsider System; CG Elements: Internal Mechanisms, External Mechanisms;
Governance as Partnership of Investors, Company's Management & Directors; Regulatory
Framework of CG; Legislation, Regulation and CG Codes; OECD & Countries' Codes.

2. Agency Relationship and Agency Problems: Agency Theory & Agent's Conflict of
Interests, Agency Relation in Joint Stock Company, Management and Corporate Governance,
Self-interests, Moral Hazard, Adverse Selection, Executive Remuneration, Insider Dealings,
Corporate Giving, Related-party Transactions.

3. Models of Corporate Governance: Cultural Effects on CG; Different Models of CG – US,

UK/CW, Continental EU, Japanese, Other Asian Models, Convergence or Differentiation.

4. Social Responsibility of Corporations: Corporate Social Responsibility (CSR); &

Sustainability – Strategies & Polices, Enlightened Shareholder Value (ESV), UN Global
Reporting Initiative, etc.

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5. Governance of Listed & Non-listed Corporations: Governance of Listed Companies –
Dual-listed Companies, Listed on Alternative Stock Markets, etc. Governance of Non-listed
Companies – Private Companies, Joint Ventures, NGOs, etc.

6. Board Formation for CG: Board of Directors (BoD): Size, Composition (Executive, Non-
Executive, and Independent Directors), Board Membership – Directors' Appointment, Roles
& Remuneration, Functions of the Board, Directors' Attributes & Competencies, Directors'
Duties, Rights, and Powers, Directors' Remuneration & Service Contracts, etc.

7. CG Practice Mechanism: Internal Mechanisms - Board Leadership; Splitting the Role of

Chairman and Chief Executive Officer (CEO) or Managing Director (MD); Board Activities,
Board Committees - Audit Committee, Nomination Committee, Remuneration Committee;
Training and Orientation of Board Members; Performance Evaluation of BoD; Board
Assessment & Effectiveness, Internal Control and CG: Definition of Internal Control -
Constituents IC, Statement of Internal Control; Assessing the Role of Internal Audit;
Ownership Structure. External Mechanisms- Monitoring by Block-holders and Analysts,
External Auditors; Competition and Takeovers; Regulation and Enforcement.

8. Control in Organization: Control Necessity in Organization, Contingency Theory of

Control, Incentive Schemes as a Control Mechanism, External Control, Corporate
Governance as a Control Mechanism, Marx and Weberian Sociology and Need for Control,
Human Diversity and Need for Control, Accountability and Control, Control System as a
Package. Ownership, Corporate Board, Non-executive Directors, Kinship, Model of
Independence, Proxy Contests, Major Corporate Governance Bodies, Changing Environment
and CG Structure, Market Based one, Capital Structure and Corporate Governance.

9. Recent Trend of CG: CG around the World in the Developed, Developing & Emerging
Economies, Future of CG.

10. Reforms of CG Patterns: ―Shareholder-Led‖ (―Principles-Based‖) or ―Regulator Led‖

(―Rules-Based‖) Approach to CG; Global Best Practices of CG: OECD Principles, SAFA
Best Practices, UNCTAD CG Disclosure Requirements; CG Reforms in Bangladesh;
Voluntary Code of Bangladesh Enterprise Institute (BEI); CG Guidelines of the BSEC:
Contents and Implementation Status of CG Guidelines.

11. CG in the Public Sector and SMEs: CG Model and Practices in the Public Sector in
Bangladesh; CG Guidelines for SMEs.

12. Manager's Performance Appraisal and Accountability: Manager's Performance Appraisal,

Responsibility Accounting, Standard Costing and Responsibility of Variances, MBO and
Accountability, Segment Performance and Responsibility, etc.

13. Corporate Ethics: Corporate Ethics vs. Corporate Responsibility; Ethical Norms; Ethical
Behaviour and Internal Governance Mechanisms; Ethical Leadership from BoD; Code of
Ethics; Promoting and Reinforcing Corporate Ethical Culture; Whistle Blowing Policies and
Procedures to Support Ethical Behaviour; Efforts for Ethical & Moral Development, Ethics
Audit.

14. Regulations of Corporations: Companies’ Act, Securities and Exchange Commission,

banking laws, insurance laws, monopolies and restricted trade practices, minimum wages,

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copy rights, institutional shareholders’ guidelines, Cadbury report, Sarbanes-Oxley Act,
OECD guidelines on MNCs, UNCTAD, World Bank.

15. Corporate Governance in Other Sectors: Corporate private sector vs. public sector,
problem of ownership and incentives, state owned enterprises and incentive schemes, and
performance related pay, corporate reports vs. government reports, Secretary’s reports vs.
CEO’s reports, the role of independent outside experts, auditor’s independence, agency
system and accrual accounting, growth through depreciation, financial reporting and
disclosure. Governance of Public Sector Corporations in Bangladesh.

Books Recommended:

01. Thomas Clarke. 2017. International Corporate Governance: A Comparative Approach,

2nd Ed., Routledge, UK.
02. Erik Banks. 2004. Corporate Governance: Financial Responsibility, Controls and Ethics,
Palgrave Macmillan, UK..
03. Solomon, Jill & Eris Solomon. 2013. Corporate Governance & Accountability, 4th Ed.,
John Wiley & Sons, USA.
04. Koontz, H. & H. Weihrich. 2015. Essentials of Management, McGraw Hill Book, USA.
5. Dhiman Chowdhury. Incentives, Control, and Development: Governance in the Private and
Public Sector with Special Reference to Bangladesh, Dhaka University, 2nd ed. Dhaka, 2012.
06. The Companies Act, 1994 (Act No. 14 of 1994).
07. The Companies (Foreign Interest) Act, 1918 (Act No. XX of 1918).

Second Semester:
Acc. 256006: Corporate Financial Reporting
Course Objectives: This course is designed to focus on Corporate Governance issues, etc.
1. Financial Reporting Fundamentals: Brief Resume of Basic Accounting Concepts-
Business Entity-Going Concern-Money Measurement Accounting Period-Consistency-
Historical Cost-Realization-Matching Cost and Revenue-Dual Aspect –Matching cost and
revenues Conservatism-Materiality-Realization Application and limitations of the Concepts.

2. Users and Uses of Financial Reports: Principal categories of users of Financial

Statements-External User: Shareholders, Prospective Shareholders, Investors, Prospective
Investors-Bond/Debenture holders- Creditors of Different Types-Financiers of Different
Types-Securities and Exchange Commission-National Board of Revenue, Other Government
or Public Agencies-International Agencies and Institutions-A host of other Interest Groups
outside the Organization anybody in the World at large, Internal Users-Tiers of Management.

3. Financial Reporting and Disclosure: Nature of Disclosure, Disclosure of Quantitative &

Non-quantitative Information, Disclosure of Post-Statement Events-Disclosure of Segment
Information-Accounting Difficulties –Methods of Disclosure- Form and Arrangement of
Formal Statements-Terminology and Detailed Presentations-Parenthetical Information-
Supplementary Statements, Schedules, Footnotes-Auditor’s Certificate-Chairperson’s Letter.

4. Fragments of Corporate Reporting: Income Measurement and reporting-Revenue

Recognition. Reporting Extraordinary and Unusual Items. Reporting Assets-Long-lived Fixed

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Assets-Intangible Assets, Inventories, etc. Reporting Long-term Financial Commitments-
Lease Retirement & Benefits. Reporting Equity, Reporting Interim results and Contingencies.

5. Special Reporting: Preparation and Reporting of Consolidated Statements-Consolidation

Policy-Control-Similarity of Activities-Consolidation: Preparation of Consolidated Accounts
of subsidiaries and associated companies-Minority interest-Classification-Adjustment of
Minority Interest-Treatment of inter-company transactions-Transfer Pricing & its Problems.
Foreign Activities-Exchange Rates-Foreign Currency Transaction & related problems.

6. Reporting the Effect of Price Change: The Nature of Price Changes: General Price-level
Changes-Specific Price Changes-Relative Price Changes-The Monetary and Non-monetary
Classifications-Gains and Losses on Monetary items. Price-level Restatement Approaches.

7. International Financial Reporting Standards (IFRS): IFRS # 1: First time Adoption of

IFRS; IFRS # 2: Share-based payment; IFRS # 3: Business combinations; IFRS # 4:
Insurance contracts, IFRS # 5: Non-current assets- Sale in discontinued operations, IFRS # 6:
Explanation of Evaluation of Mineral Resources & IFRS # 7: Investment & its disclosure.

Recommended Books:
1. Hawking, D.F. 1986. Corporate Financial Reporting & Analysis (Text & Cases). New
York. NY: Irwin/McGraw-Hill.
2. Bernstein, L.A. and J.J. Wild. 1998. Financial Statement Analysis. 6th Edition. New York.
NY: McGraw Hill-Irwin.
3. The Companies Act 1994. United Nations Organization (UNO). 1984. International
Accounting and Reporting Issues. New York. NY: UNIDO.

Acc. 256007: Corporate Tax Planning (In English)

Course Objectives: This course is designed to focus on Corporate Tax Planning issues, etc.
1. Introduction: -Perspectives to Corporate Tax Planning: Corporate Entities and Corporate
Income Tax Rates- Necessity of Tax Planning – Tax evasion, Tax avoidance, Tax planning,
and Tax Management – Traditional vs. Effective Tax Planning- Tax Research –Types of tax
planning, Restriction on taxpayer behaviors, Legislative process and sources of tax
information.

2. Intertemporal Tax Planning: Intertemporal Tax Planning using Alternative Savings

Vehicles – Constant Tax Rates – Changes in Tax Rates -Implications for Bangladesh.

3. Corporate Firms & Tax Rules: Corporate Formation – Taxation of Corporate Operations -
Possible Tax Benefits of Leverage in Firm’s Capital Structures-Debt-Equity Hybrids-
Taxation of Distributions and Share Repurchases-Tax planning using the Tax Rules for
Distributions and Share Repurchases- Taxation of Liquidations.

4. Implicit Taxes, Clienteles and Tax Arbitrage: Tax-Favored Status and Implicit Taxes-
Implicit, Explicit and Total Taxes and Tax Rates – Importance of Adjusting for Risk
Differences-Clienteles –Implicit Taxes and Corporate Tax Burdens –Tax Arbitrage:
Organizational-form Arbitrage and Clientele-Based Arbitrage.

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5. Non-tax Costs of Tax Planning: Symmetric Uncertainty, Progressive Tax Rates, and Risk
Taking- Tax Planning in the Presence of Risk Sharing and Hidden-Action Considerations-
Tax Planning in the Presence of Hidden-Information Considerations-Tax Planning and
Organizational Design-Conflicts between Financial Reporting and Tax Planning.

6. Importance of Marginal Tax Rates and Dynamic Tax Planning Considerations: Marginal
Tax Rate: Definitional Issues-Tax Planning for Low Marginal Tax Rate Firms –Adaptability
of Tax Plans, Reversibility of Tax Plans-Ability to ensure against Adverse Changes in Tax
Status- Tax Planning when a Taxpayer’s Marginal Tax Rate is Strategy-dependent.

7. Corporate Compensation Planning: Components of Compensation and Tax Consequences-

Tax Planning regarding Salary versus Deferred Compensation, Salary versus Fringe Benefits,
and other benefits provided to employees.

8. Multinational Tax Planning: Overview of Multinational Taxation-How Taxes Affect the

Location and Structure of Investments - Decision to Repatriate or Reinvest-Shifting Income
Across Jurisdictions.

Recommended Books:

01. Scholes, Myron S. Mark A. Wolfson, Merle Erickson, Edwad L. Maydew and Terry
Shevlin. 2002. Taxes and Business Strategy: A Planning Approach. Upper Saddle River, New
Jersey: Prentice-Hall.
02. Lakhotia, R. N. & S. Lakhotia. 1998: Corporate Tax Planning. New Delhi: Vision Books.
03. Karayan, John E., Charles W. Swenson, Joseph W. Neff. 2002. Strategic Corporate Tax
Planning, Hoboken, New Jersey: John Wiley & Sons, Inc.
4. Dhiman Chowdhury. Advanced Issues in Taxation: Theory and Practice, Grantha Kutir,
Bangla Bazar, Dhaka -1100.

Acc. 256008: Advanced Auditing & Assurance Services

Course Objectives: This course is designed to focus on Advanced Auditing & Assurance
Services issues, etc.

1. Auditing in Perspective: Perspectives of Auditing, Necessity and Justification of

Auditing, Historical development, Auditing as a field of knowledge.
2. Philosophy of Auditing: Philosophy and Perspective of Auditing; Methodology &
Postulates of Auditing, Social utility of auditing.
3. Concepts in Auditing Theory: Development of Conceptual Framework, Accountability.
Independence, Evidence, Audit Risk, Materiality, Due Care, Fair Presentation.
4. The Principles of Auditing: The Principles of Exclusiveness, The Principles of Norms,
The
Principles of Judgment, The Principles of Regularity, The Principles of Persuasion, The
Principles of Morality.
5. The Psychology of Information: The Structure of Data and Related Concepts, The
Inference of
Validity, The Pyramids of Data and Understanding.
6. The Elements of Audit Structure: The Structure of Data Pyramid, The Control of the
Information Process, The Truth Value of the Surrogates, The Evaluation of Attitudes, Report
Criteria. Report Details, Publicity.

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7. Auditing in an Economic Framework: Agency Theory, Information Theory, The Deep
Pocket
Theory, Behavioural Effects of Audit, The Insurance Hypotheses.
8. Standards for Practice: Necessity of Standard in Auditing, General Auditing Standards
(GASs) / International Auditing Standards (IASs); Bangladesh Auditing Standards (BASs);
Standard for Ordinary Practitioner, A Conceptual Framework of Standard, Monitoring,
Supervision and Maintenance of Standards.

9. Quality Control: Public Confidence, Quality Control Policies, Procedures, Practice &
Inspection.

10. Audit and Bureaucracy: The Organization Structure. The Organizational Environment.
The
Organization Goals, An Extension and some Caveats.

11. Auditing Profession: Features of a Profession, Perspective of Auditing Profession,

Professional Regulation, Professional Conduct, Auditing Profession in Bangladesh,
Responsibility of the Auditing Profession, Professional Standards, Guidelines and
Statements.

12. Ethics in Auditing: Ethics and Necessity of Ethics in Auditing, Ethical Standards.

13. Auditing Profession in Bangladesh: Empirical Research in Auditing, Direction of future

research.

14. Current Issues in Auditing: New Opportunities, and challenges, Emerging areas &
Global developments, Effects of new Regulations and Pronouncements, Effects of
technological and market developments on audit process, Globalization of Auditing and
Multinational Audit firms.

15. Current Research in Auditing: Empirical Research in Auditing, Direction of future

research.

Recommended Textbooks:
1. Flint, D.1988. Philosophy and Principles of Auditing. Basingstoke. Macmillan Education.
2. Gray, I. and S. Manson. 1989. The Audit Process. Routledge.
3. Gwilliam, D. 1987. A Survey of Auditing Research. Philip Allan.
4. Lee, T. 1993. Corporate Audit Theory. 4th Edition. London. Chapman and Hall.
5. Mautz, R. K. and H. A. Sharaf. 1985. The Philosophy of Auditing. Sarasota, FL. AAA,
USA.
6. Normanton, E. 1. 1966. The Accountability and Audit of Governments. Manchester
University Press.
7. Sherer, M. and S. Turly. 1991. Current Issues in Auditing. 2nd Ed. London. Paul Chapman
Publishing Ltd.
8. Schandl, C. W. 1978. Theory of Auditing. Houston, TE. Scholars Book Company.
9. Wallace, W. A. 1980. The Economic Role of Audit in Free & Regulated Markets,
University of Rochester.

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Acc. 255009: Computerized Accounting

Course Objectives: This course is designed:

(i) to introduce the basic concepts of computer and information systems.
(ii) to orient the students with operating systems & most commonly used office software.
(iii) to teach students the fundamental concepts, theories, practices, and Accounting and
Management of Information System in organizations.
(iv) to teach students the use and assistances of computer in accounting.

1. Introduction:
Development and Uses of Computers; Computer Generation and Classifications; Number
System; Computer Organization and Architecture; Basic Logic Gates and Truth Tables.

2. Overview of Fundamentals of Computer Hardware:

Input Hardware; Output Hardware; Processing Hardware; Peripheral and Storage Devices;
Hardware Components; Hardware Components in Action; Processing and Memory Devices
(Power, Speed and Capacity): Processing Characteristics and Functions, Memory
Characteristics and Functions, Multiprocessing, etc.

3. Introduction to System Software and Application Software:

Introduction to Operating System; Introduction to Software Development and Programming
Languages; Compilers, Interpreters and Assembler; Graphical User Interface (GUI): etc.

4. Different Uses of Computers in Business:

Introduction to Office Software, Word Processing Using MS Word: Editing, Formatting,
Colours and Styles, Drawing, Tables, Equation; Spreadsheet Analysis using MS Excel:
Recalculation, Formula, Graph & Chart; Accounting Statements Preparation and Analysis
through Application Software; Introduction to Database Management Systems (DBM);
Database Management System using MS Access: Table, Reports, Query, Form, Macro,
Database Design; Presentation Software Usage using MS Power Point: Slide presentation.

5. Introduction to Accounting Packages:

Practical Demonstration on Contemporary Accounting and Business Software Like
―TROYEE‖; ―TALLY‖; ―ACCPAC‖, ―SAP‖, ―QUICKBOOK‖; ―ERP Software‖ and Others;
Features of an Accounting Package; Making Chart of Accounts; General Ledger; Payables:
Vendors, Purchase, Payments; Receivables: Customers, Sales Receivables; Payroll:
Employees Payroll; Inventory: Inventory Transfer, Adjustment.

6. Accounting Statements Preparation through Computer:

Application Software (Excel Spreadsheet): Business transactions; Worksheet; Merchandizing
worksheet; Merchandizing enterprise; Purchase journals; Bank reconciliation; Aging
accounts receivables; FIFO LIFO; Gross profit method; Depreciation; Payroll register;
Partnership; Bond pricing and amortization; Consolidations;

7. Analysis of Financial Statements through Computer: Cash flow analysis; Ratio analysis;
Manufacturing accounting; Process costing; CVP analysis; Variable costing.

8. Budgeting through Computer:

Master budget; Flexible budgeting; Material and labor variances; Departmental income
statement; and Capital budgeting.

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9. Introduction to Database Management System (DBMS):
File-oriented Approach; Database Approach; Data Dictionary; DBMS Languages; Database
Management Systems (DBMS); Data Modeling and Database Design.

10. Computer Network:

Types of Network Types; Uses of Computer Networks; Network Topologies;
Communication Protocol; OSI Model; Network Devices, Communication Media.

11. Internet and Ecommerce:

Introduction to Internet; Telnet; FTP; Web Server; IP Address; Voice Over IP; Electronic,
Mobile Commerce and Enterprise Systems: Introduction to Electronic & Mobile Commerce,
Threats of Electronic & Mobile Commerce, and Strategies for Successful E-Commerce,
Technology Infrastructure Required to Support E-Commerce and M-Commerce; Electronic
Payment Systems; Privacy and Security in E-Commerce; Intranet and Extranet.

12. Information System in Business:

Introduction to Information Systems; The Significance of Information; Nature and Types of
information; Information vs. data; Definition, Concept, Importance, System Approach to
Problem Solving; System Design and Development; Types of Information Systems:
Executive Support Systems (ESS), Decision Support Systems (DSS), Management
Information Systems(MIS), Knowledge Work Systems (KWS), Office Automation Systems
(OAS), Transaction Processing Systems (TPS).

13. Managing IT:

Enterprise and Global Management; Managing Information Resources and Technologies;
Global Information Technology Management; Ethical and Social Challenges of IT.

14. Information Technology Strategy:

Enterprise Strategy and Vision; Assessment of Current and Future IT Environment; Financial
Statement and Business Implications of Electronic Commerce; IT Strategic Planning;
Ongoing Governance and Outcome Monitoring Process; Current Status of IT in Bangladesh.

15. Designing and Implementing Systems:

System Acquisition Methodology; Investigation and Feasibility Study; Requirements
Analysis and Initial Design; System Design; Selection; Acquisition and Development;
Systems Implementation; System Maintenance and Program Changes; Project Management:
Planning, Control Methods and Standards.

16. Evaluating Computer-Based Business Systems:

Planning of System Evaluation; Evaluating the System; Communicating Results.

Recommended Text Books:

1. Sarah E. Hutchinson and Stacey C. Sawyer. Computer & Information Systems (Irwin).
2. Kenneth C. Laudon and Jane P. Laudon. Management Information Systems: Managing the
Digital Firm (Pearson Ed.).
3. G. N. Smith. Excel Applications for Accounting Principles (S-W College Publishing).

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Acc. 256010: Accounting Standards and Practices
Course Objectives: This course is designed to focus on IASs and Accounting Practice
issues, etc.
l. Introduction to International Accounting Standards (IASs) & International Financial
Reporting Standards (IFRSs): Development of Accounting and Financial Reporting;
Accounting Practices and Prevalent Dissimilarities of Accounting Practices among countries,
Harmonization Efforts, Setting Accounting Standards; Need for International Accounting
Standards; A Brief Overview on IASC; Objectives of Standard Setting under the Constitution
of the IASC; A Brief Overview on IASB - Trustee, The IASC Constitution Review, Standard
Advisory Council (SAC), International Financial Reporting Interpretation Committee, IASB
Due Process, IASs & IFRSs till 2023 and their themes.
2. Financial Statements and Cash Flow Statement Preparation: Financial Statements
Preparation(IAS 01-06); Sources of Cashflows & Different methods of Cash Flow Statement
(IAS 07).
3. Business Combination and Consolidations: Identifying business combination, method of
accounting (lFRS-3), consolidated and separate financial statements, consolidation
procedures, accounting for investment in subsidiaries, jointly controlled entities, and
associates in separate financial statements, application of cost method and equity method in
investment (lAS 27, 28, 32).
4. Leases: Issuance of IAS 17 and related interpretations (Summary); What is leasing;
Objective and scope of IAS 17; IFRIC - 4 Determining whether an Arrangement contains a
lease, Classification of Lease; Lease of Land and Building (an exception); Definitions of non-
cancelable Lease, inception of the lease, commencement of the lease term, Minimum lease
payments, Initial Direct Costs; Bargain Purchase Option, Executor Costs, Implicit rate of
return; etc.
5. Construction Contracts: Summary of regulatory framework; Objectives and scope of IAS
II; Key Concepts- Construction Contract, percentage of completion method; Accounting
Treatment; Presentation and Disclosure; Financial Analysis and Interpretation; Practical
problems.
6. Segment Reporting: Summary of regulatory framework; Objectives and scope of IAS 14;
Key Concepts- Reportable Segment, Business Segment, Geographical Segment, Segment
result, Operating activities; Accounting Treatment, Presentation and Disclosure; Financial
Analysis and Interpretation; Practical problems.
7. Impairment of assets: Summary of regulatory framework; Objectives and scope of IAS
36; Key Concepts-Impairment Loss, Recoverable amount, Fair value less cost to sell, Value
in use, Pretax Discount rate, Accounting Treatment, Presentation and Disclosure; Financial
Analysis and Interpretation; Practical problems.
8. Earnings per share: Summary of regulatory framework; Objectives and scope of IAS 33;
Key Concepts-Ordinary share, Dilution, potential ordinary share, Options, Warrants and their
equivalents, Put option, Accounting Treatment, Presentation and Disclosure; Financial
Analysis and Interpretation; Practical problems.
9. Related-Party Disclosure: Summary of regulatory framework; Objectives and scope of
IAS 24; Key Concepts- Related Party, Related-party transactions, Related- party relationship,
Close member of the family, Compensation; Accounting Treatment, Presentation and

22
Disclosure; Financial Analysis and Interpretation; Practical problems.
10. Interim Financial Reporting: Summary of regulatory framework; Objectives and scope
of IAS 34; Key Concepts- Interim Financial Report, Condensed Balance Sheet, Condensed
income statement, Condensed cash flow statement, Condensed changes in equity statements,
Accounting Treatment, Presentation and Disclosure; Financial Analysis and Interpretation;
Practical problems.
11. Financial Instruments: Definition, recognition and measurement, management of risk,
different types, presentation and disclosure requirements (IAS 32, 39; IFRS-7).
12. Financial Reporting in Hyperinflationary Economics: Scope and objective of IAS- 29,
recognition and measurement in hyperinflationary condition, disclosure requirements.
13. Accounting and reporting requirements by Retirement Benefit Plans: Accounting
and disclosure requirements of IAS-26, terminology and definitions, defined contribution
plans, defined benefit plans, disclosure requirements.
14. Exploration and Evaluation of Mineral Resources: Objective and scope of IFRS-6,
measurement requirements, disclosure requirements.
15. Accounting foe Insurance Contracts: Requirements of IFRS-4, what an insurance
contract is, nature of insurance risk, disclosure requirements.
16. Agriculture based on Fair Value Method: Accounting treatment by IAS-4 I,
presentation and disclosure requirements for agricultural activity, distinction between
biological assets and agricultural produce and their treatment, gains and losses on biological
assets and agricultural produce, account for government grants in the agricultural sector.
17. Accounting for Government Grants and Disclosure of Government Assistance:
Scope, recognition & measurement, Grants related to assets and income principle disclosure
requirements.
18. Standards Adoption in Bangladesh: Standards adoption in Bangladesh, Process and Use.
19. First Time Adoption of International Financial Reporting Standards: Scope and
objective of IFRS- recognition and measurement, key disclosure and presentation issues
associated with using international standards for the first time.
20. Accounting Practice Development Efforts in Bangladesh: Financial Reporting Council
(FRC) in Bangladesh, Establishment, Activities, Efficiencies, Effectiveness and Performances.
References:
Baker, R. E. 1995. Advanced Financial Accounting. 7th Edition. McGraw-Hill.
Baker, R. E., V. C. Lembke, and T. E. King. 1995. Advanced Financial Accounting.
McGraw-hill.
Kieso, D. E., J. J. Weygandt, T. D. Warfield. 2006. Intermediate Accounting. John Wiley &
Sons.
International Accounting Standards Board (IASB). 2008. IFRS.
FASB. 1999. Accounting Standards. New York. NY: John Wiley & Sons, Inc.
Relevant academic accounting literature from:
a. Accounting, Auditing & Accountability Journal: Emerald Group Publishing Limited
b. Accounting, Organizations and Society: Published by Elsevier Ltd.
c. The British Accounting Review: Elsevier Ltd.
…………………………………………………………..

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