Can you provide me the syllabus of B Com (Bachelor of Commerce) 1st Year

[ReenaK]

The syllabus of B Com (Bachelor of Commerce) 1st Year - Semester I & Semester II - Program of Kolhan University is as follows:


B.Com. Programme: Semester - I

Paper code - BCP 1.2: Financial Accounting

Unit 1. Theoretical Framework 10 Lectures
i. Accounting as an information system. The users of financial accounting information and their needs. Qualitative characteristics of accounting, information. Functions, advantages and limitations of accounting .Branches of accounting.Bases of accounting; cash basis and accrual basis.
ii. The nature of financial accounting principles-Basic concepts and conventions: entity, money measurement, going concern, cost, realization, accruals, periodicity, consistency, prudence (conservatism), materiality and full disclosures.
iii. Financial accounting standards: Concept, benefits, procedure for issuing accounting standards in India. Salient features of Accounting Standard (AS): 1 (ICAI). International Financial Reporting Standards (IFRS) :- Need and procedures.



Unit 2. Business Income 15 Lectures
i. Accounting For Non-Profit Organisations
ii. The nature of depreciation .The accounting concept of depreciation .factors in the
measurement of depreciation. Methods of computing depreciation : straight line method
and diminishing balance method; disposal of depreciable assets - change of method
.Salient features of Accounting Standard (AS): 6 (ICAI)
iii. Inventories: Meaning. Significance of inventory valuation. Inventory Record Systems:
periodic and perpetual. Methods: FIFO, LIFO and weighted Average. Salient features of
Accounting Standard (AS):2 (ICAI)



Unit 3.Accounting for Inland Branches 15 Lectures
Concept of dependent braches; accounting aspects; debtors system, stock and debtors system, branch final accounts system and whole sale basis system. Independent branches: concept accounting treatment: important adjustment entries and preparation of consolidated profit and loss account and balance sheet.



Unit 4. Accounting for hire Purchase and Instalment Systems 10 lectures



Unit 5. Accounting for Dissolution of the Partnership Firm 15 Lectures
Accounting of Dissolution of the Partnership Firm including Insolvency of partners, sale to a
limited company and piecemeal distribution.



Suggested Readings:
1. Anthony ,R.N Hawkins ,and Merchant ,Accounting : Text and Cases.McGraw - Hill Education.
2. Horngren ,Introduction to Financial Accounting ,Pearson Education.
3. Monga,J.R.Financial Accounting: Concepts and Applications .Mayoor Paper Backs,New Delhi.
4. Shukla ,M.C., T.S.Grewal and S.C. Gupta.AdvancedAccounts.Vol. - I.S.Chand&Co.,New Delhi.
5. Maheshwari ,S.N and S.K.Maheshwari .Financial Accounting.Vikas Publishing House,New
Delhi.
6. Sehgal ,Ashok ,and Deepak Sehgal .Advanced Accounting .Part - I . Taxman Applied
Services,New Delhi.
7. Bhushan Kumar Goyal and HN Tiwari ,Financial Accounting ,International Book House
8. Goldwin ,Alderman and Sanyal , Financial Accounting,Cengage Learning.
9. Tulsian ,P.C Financial Accounting,PearsonEducation
10. Jain ,S.P and K.L .Narang .Financial Accounting,Kalyani Publishers ,New Delhi.
11. Gupta,Nirmal.FinancialAccounting.SahityaBhawan ,Agra.
12. Compendium of Statements and Standards of Accounting . The Institute of Charted
Accountants of India,New Delhi.
13. Dr. B.N. Ojha, Financial Accounting (Hindi Edition).
Note :- Latest edition of the text books should be used.



Syllabus B Com 1st Year Kolhan University