Hello there, If you’re tired of searching Latest B.Com (Hons.) Sixth Semester Syllabus for Calcutta University and it’s affiliated colleges then you’re in your Destination! This post will cover your 6th semester syllabus with Marks Distribution for each topic, prescribed by Calcutta University (CU).
Course Structure for 6th Semester (B.Com Hons. under CBCS)
| Subject Code | Subject | Marks |
|---|---|---|
| AECC 6.1Chg | Environmental Studies | 100 |
| SEC 6.1Chg | Computerised Accounting and e-Filing of Tax Returns (70+30) | 100 |
| CC 6.1 Ch | Project Work | 100 |
| DSE 6.1 A** | Financial Reporting and Financial Statement Analysis | 100 |
| DSE 6.2 A** | Financial Management | 100 |
COMPUTERISED ACCOUNTING SYSTEM and E-FILING OF TAX RETURN (SEC 6.1Chg)
Unit-1: Computerized Accounting Package: Using Generic Software [40 Marks, Class: 40]
(a) Company creation, ledger creation, order processing, accounting voucher, inventory
voucher, memorandum voucher, invoicing, multiple godown handling, Transfer of
materials across godowns, Bank Reconciliation,
(b) Cost Centre, Cost Category, Bill of Material (BoM), Budget and Controls
(c) Payroll Accounting
(d) TDS, GST
(e) Back up & Restore, Export and Import data
Unit 2: Designing Computerized Accounting System [15 Marks, Class:15]
(a) Introduction to DBMS Package – Table, Query, Form and Report
(b) Designing Computerized Accounting System using DBMS Package
Creating a voucher entry Form, Preparing ledgers, trial balance, profit & loss a/c, and
balance sheet with Form wizard and Report
(c) Designing Payroll System for Accounting using Form, Query, and Report
Unit-3: E-filing of Tax return [25 Marks, Class: 25]
(a) Preparation and submission of the Income Tax Return (ITR) offline/online for individual
taxpayer [e-filing without using DSC and with using DSC, EVC]
(b) View form 26AS,Upload return, View e-file returns, e-verification
(c) Use of e-tax calculator (including interest calculation u/s 234A, 234B, 234C)
(d) E-Pay tax (Challan No./ITNS 280, ITNS 281)
(e) Preparation and submission online form 10E [Relief u/s 89(1)]
Project Work: Assignment based for each and every topic should be prepared
• Software: Singhania, V.K., E-Filing of Income Tax Returns and Computations
of Tax, Taxmann
• Software: “Excel Utility”, incometaxindiaefiling.gov.in
FINANCIAL REPORTING AND FINANCIAL STATEMENT ANALYSIS (DSE 6.1 A)
| Unit | Topic | Details | Marks |
|---|---|---|---|
| 1 | Holding Company | Meaning of Holding Company & Subsidiary Company; relevant standard; Consolidation of Balance Sheets of Parent & Subsidiary (only one); Minority Interest – Basic principles and preparation of CBS; CBS with loss balance of Subsidiary Treatment for: Revaluation of Assets of Subsidiary, Intra group Transactions, Holding of different securities. Consideration of dividend paid or proposed by Subsidiary in CBS; Bonus Shares issued or proposed to be issued by Subsidiary (excluding shares acquired on different dates by the Parent company, chain and cross holding) | 15 |
| 2 | Accounting Standards | Conceptual Framework, Presentation of Financial Statements (Ind AS 1), Property, Plant and Equipment (Ind AS 16), Earnings per share (Ind AS 33), [Basic Definitions & Theoretical Concepts, Scope] | 15 |
| 3 | Fund Flow Statement | Concept of fund, meaning, nature, various sources And applications, advantages & limitations of Fund Flow Statement. | 10 |
| 4 | Cash Flow Statement | Meaning, objectives, difference with Fund Flow Statement; activity classification and preparation and presentation as per relevant Accounting Standard. | 10 |
| 5 | Introduction to Financial Statements Analysis | Nature and Component of Financial Statement; Meaning and Need for FSA, Traditional & Modern approaches to FSA, Parties interested in FSA. • Comparative Statement – meaning, preparation, uses, merits and demerits • Common -size Statement – meaning, preparation, uses, merits and demerits • Trend Analysis – meaning, determination, uses, merits and demerits | 10 |
| 6 | Accounting Ratios for FSA | Meaning, objective, Classification of Accounting Ratios, Advantages & Limitations Preparation of Classified Financial Statements and Statement of Proprietor’s Fund from the given Ratios. Computation, Analysis and Interpretation of important ratios for measuring –Liquidity, Solvency, Capital Structure, Profitability and Managerial Effectiveness. | 20 |
Suggested Readings :
• R. L.Gupta & Radheswamy, Advanced Accountancy Vol. II, S. Chand
• Maheshwari & Maheshwari, Advanced Accountancy Vol. II, Vikash Publishing
• Sehgal & Sehgal, Advanced Accountancy Vol. I II, Taxman Publication
• Accounting Standards issued by ICAI
• L.S.Porwal, Accounting Theory, Tata Mcgraw Hill
• Gokul Sinha, Accounting Theory & Management Accounting,
• B. Banerjee, Regulation of Corporate Accounting & Reporting in India, World Press.
• Lev, Financial Statement Analysis-a new approach, Prentice Hall
• Foster G, Financial Statement Analysis, Prentice Hall
• White, Sondhi& Fred, Analysis and Use of Financial Statement, John Wiley
• Bernstein & Wild, Financial Statement Analysis; theory, application & interpretation,
Mcgraw Hill
• Ormiston, Understanding Financial Statement, Pearson
• Bhattacharyya, Asish K., Introduction to Financial Statement Analysis, Elsevier
• Hanif & Mukherjee, Financial Accounting, Vol III, McGraw Hill
• Subramanyam, K.R. and Wild, Financial Statement Analysis, McGraw Hill
FINANCIAL MANAGEMENT (DSE 6.2 A)
| Unit | Topic | Details | Marks |
|---|---|---|---|
| 1 | Introduction Basic Concepts | • Important functions of Financial Management • Objectives of the firm: Profit maximisation vs. Value maximisation • Role of Chief Financial Officer. • Financial environment in which a firm has to operate • Time Value of Money: concept and reasons • Compounding and Discounting techniques • Concepts of Annuity and Perpetuity. • Risk-return relationship (concepts only) | 10 |
| 2 | Sources of Finance and Cost of Capital | • Different sources of finance; long term and short term sources • Cost of capital: concept, relevance of cost of capital, Implicit and Explicit cost, specific costs (its computation) and weighted average cost (its computation) , rationale of after tax weighted average cost of capital, marginal cost of capital (its computation). | 10 |
| 3 | Leverage and Capital Structure Theories | • EBIT-EPS analysis and its limitations. Financial break even, point of indifference • Leverage- Business Risk and Financial Risk – Operating and financial leverage, Trading on Equity • Capital Structure decisions – Capital structure patterns, designing optimum capital structure, Constraints, Features of sound capital structure, 10 10 Various capital structure theories (excluding M-M model). | 10 |
| 4 | Working Capital Management (1) | • Introduction; Meaning and various concepts of Working Capital • Management of Working Capital and Issues in Working Capital • Estimating Working Capital Needs; Operating or Working Capital Cycle. | 10 |
| 5 | Working Capital Management (2) | • Policies relating Current Assets – Conservative, Aggressive and Balanced • Various sources of finance to meet working capital requirements; Financing current assets: Strategies of financing (Matching, Conservative, and Aggressive policies) • Management of components of working capital (debtors management only–credit period -simple type ) | 10 |
| 6 | Capital Expenditure Decisions (1) | • Purpose, Distinguishing features, Objectives & Process, Understanding different types of projects • Concept of Cash flow; Cash flow vis-à-vis Profit and determination of Cash flow • Techniques of Decision making: Non-discounted and Discounted Cash flow Approaches • Payback Period method, Accounting Rate of Return and their relative merits and demerits | 10 |
| 7 | Capital Expenditure Decisions (2) | • Discounted Payback Period, Net Present Value, Profitability Index and Benefit Cost ratio, Internal Rate of Return, relative merits and demerits of the methods.(excluding replacement decision) • Ranking of competing projects, Ranking of projects with unequal lives. Capital Rationing. | 10 |
| 8 | Dividend Decisions | • Meaning, Nature and Types of Dividend, Dividend and Retention; concept of pay-out ratio, retention ratio and growth. • Dividend policies and formulating a dividend policy • Dividend Theories: Walter’s Model, Gordon’s Model, | 10 |
Suggested Readings :
• M.Y.Khan & P.K.Jain, Financial Management, TMH
• Van Horne, Financial Management & Policy, Pearson
• Van Horne, Fundamentals of Financial Management, PHI
• Banerjee, B., Financial Policy & Management Accounting, PHI
• Chandra,P., Financial Management, TMH
• Rustagi, R.P. Fundamentals of Financial Management. Taxmann Publication Pvt. Ltd.
• Pandey, I.M. Financial Management. Vikas Publications.
• Majumdar, Ali and Nesha, Financial Management, ABS
• Kothari, R, Financial Management, Sage
