Appendix – I

DEPARTMENT OF ACCOUNTING
BACHELOR OF COMMERCE (B.COM.)
NAME OF UNIVERSITY : JAI NARAIN VYAS UNIVERSITY, JODHPUR

NAME OF FACULTY : COMMERCE & MANAGEMENT STUDIES

NAME OF DISCIPLINE / SUBJECT : BACHELOR OF COMMERCE (B.COM.)

Teachi
Leve Cou ng Tot Tot EoS Tot
Cours Hours CA
l Sem rse H/ al al E al
e Course Title Per Ma
(NHE ester Typ W Ho Cre Ma Mar
Code Week rks
QF) e urs dits rks ks
L T P

ACC5 Financial
6 - - 6 90 30 70 100
001T Accounting
DC Principles of
C BAD5
5/ Business 6 - - 6 90 18 30 70 100
001T
I Management

(4.5) BFE5 Micro Economics

6 - - 6 90 30 70 100
001T I

AEC5
AEC English 2 - - 2 30 2 30 70 100
212T

TOTAL CREDITS TO BE EARNED 20

ACC5
Cost Accounting 6 - - 6 90 30 70 100
008T
5/ Business
DC BAD5
II Regulatory 6 - - 6 90 18 30 70 100
C 006T
(4.5) Framework

BFE50 Micro Economics

6 - - 6 90 30 70 100
04T II
 AE AEC5
Hindi 2 - - 2 30 2 30 70 100
C 211T

TOTAL CREDITS TO BE EARNED 20

Exit with B.Com. Certificate (Need to earn 04 Credits of SEC too)

ACC6 Corporate
6 - - 6 90 30 70 100
001T Accounting

DC BAD6
Company Law 6 - - 6 90 18 30 70 100
C 001T

BFE60 Economic
6 - - 6 90 30 70 100
01T Environment
6/
III SEC62 Finance for
(5) 2 - - 2 30 30 70 100
01T Everyone

Business
SE SEC62
Communication 2 - - 2 30 2 30 70 100
C 06T
Skills

SEC62
E-Commerce 2 - - 2 30 30 70 100
11T

TOTAL CREDITS TO BE EARNED 20

(1) Student to choose one Skill paper from the three offered in the semester.
ACC6 Business
6 - - 6 90 30 70 100
007T Statistics

DC BAD6 Entrepreneurial
6 - - 6 90 18 30 70 100
C 006T Development

BFE60 Currency and

6 - - 6 90 30 70 100
6/ 09T Banking
IV
(5) FinTech and
SEC62
Artificial 2 - - 2 30 30 70 100
02T
Intelligence (AI)
SE
SEC62 IT Tools for 2
C 2 - - 2 30 30 70 100
07T Business

Personality 2 - - 2 30 30 70 100
SEC62
Development &
 12T Communication
Skills

TOTAL CREDITS TO BE EARNED 20

(1) Student to choose one Skill paper from the three offered in the semester.
Exit with B.Com. Diploma

(GROUP I)
ACC7
Management 6 - - 6 90 30 70 100
001T
Accounting

ACC7 (GROUP I)
6 - - 6 90 30 70 100
002T Income Tax

(GROUP I) Goods
ACC7
and Services Tax 6 - - 6 90 30 70 100
003T
(GST)

(GROUP II)
BAD7
Principles of 6 - - 6 90 30 70 100
101T
Marketing

(GROUP II)
DS BAD7 Fundamentals of
E 6 - - 6 90 30 70 100
7 102T Human Resource 18
V Management
(5.5)
(GROUP II)
BAD7 Production &
6 - - 6 90 30 70 100
103T Operations
Management

(GROUP III)
BFE71
Financial 6 - - 6 90 30 70 100
01T
Management

BFE71 (GROUP III)

6 - - 6 90 30 70 100
02T Public Finance

(GROUP III)
BFE71
Financial Market 6 - - 6 90 30 70 100
03T
Operations

SE SEC72 EXIM Procedures 2 - - 2 30 2 30 70 100

 C 01T and
Documentation

SEC72 Emotional
2 - - 2 30 30 70 100
06T Intelligence

SEC72
Micro Finance 2 - - 2 30 30 70 100
11T

TOTAL CREDITS TO BE EARNED 20

(1) Student to choose one of the groups for DSEs: (Group I: Accounting) (Group II:
Business Administration) (Group III: Business Finance & Economics). Student will
study all the papers of the chosen group only.
(2) Student to choose one Skill paper from the three offered in the semester.
(GROUP I)
ACC7 Practical
6 - - 6 90 30 70 100
010T Approach to
Taxation

(GROUP I)
ACC7 Financial
6 - - 6 90 30 70 100
011T Reporting and
Ethics

ACC7 (GROUP I)
6 - - 6 90 30 70 100
012T Auditing

7 (GROUP II)
DS
VI BAD7 Fundamentals of 18
(5.5) E 6 - - 6 90 30 70 100
109T Retail
Management

(GROUP II)
BAD7
International 6 - - 6 90 30 70 100
110T
Marketing

(GROUP II)
BAD7
Indian Ethos and 6 - - 6 90 30 70 100
111T
Leadership

(GROUP III)
BFE71
Foreign Exchange 6 - - 6 90 30 70 100
10T
& Foreign Trade
 (GROUP III) Rural
BFE71
Economy of 6 - - 6 90 30 70 100
11T
Rajasthan

BFE71 (GROUP III) Rural

6 - - 6 90 30 70 100
12T Economy of India

SEC72 Event Organising

2 - - 2 30 30 70 100
02T and Financing

Artificial
SE SEC72
Intelligence in 2 - - 2 30 2 30 70 100
C 07T
Business

SEC72 Investing in Stock

2 - - 2 30 30 70 100
12T Market

TOTAL CREDITS TO BE EARNED 20

(1) Student should choose the same Group as chosen in Semester V for DSEs: (Group
I: Accounting) (Group II: Business Administration) (Group III: Business Finance &
Economics). Student will study all the papers of the chosen group only.
(2) Student to choose one Skill paper from the three offered in the semester.
Exit with B.Com. Degree
Name of the Programme : Bachelor of Commerce (B.Com.)
Name of Course : Financial Accounting
Semester : I

Course Credits No. of Hours Per Week Total No. of Teaching Hours

6 Credits 6 Hours 90 Hours

Course Objectives:-
The prime objective of this course is to acquire conceptual knowledge of financial accounting, to
provide knowledge about the technique for preparing accounts in different business organization
and to develop an insight into the nature and uses of financial accounting
SYLLABUS

UNIT 1: Meaning and scope of Accounting : Need, development and definition of accounting,
Objectives of accounting, Generally Accepted Accounting Principles (GAAP), Concepts &
Conventions; Introduction of International Financial Reporting Standards and Indian
Accounting Standards (IFRSs and Ind-ASs); Sectional and Self Balancing System

UNIT 2: (a) Mahajani Bahi Khata System of Accounting – Preparation of Bahis, Trial
Balance and Final Accounts
(b) Average Due Date
(c) Accounts from Incomplete Records
(d) Departmental Accounts
;
UNIT 3: Accounting for Non-Profit-Organizations; Insurance Claims : Loss of Stock &
Consequential Losses

UNIT 4: Royalty Accounts; Consignment Accounts; Accounting for Joint Ventures

UNIT 5: Partnership Introduction, Reconstitution, Dissolution of Firm including insolvency

of partners, Amalgamation of firms, sale or conversion of firm

SUGGESTED READINGS

 Agarwala, A.N. & Agarwala, K.N. : Higher Science of Accounting, Kitab Mahal, Allahabad.
 Anthony, R.N. and Reece, J.S. : Accounting Principles, Rich Irwin Ine.
 Copendium of Statement and Standards of Accounting, The Insttt. of Chartered Accountants of
India, New Delhi.
 Gupta, R.L. and Radhaswamy, M: Financial Accounting, Sultanchand and Sons, New Delhi.
 Maheshwari S.N: Financial Accounting, Vikas Publishing House, New Delhi.
 Monga, J.R. Ahuja, Girish, and Sehgal, Ashok: Financial Accounting, Mayur paper Book,
Nodia.
 Shukla, M.C. Grewal, T.S. and Gupta, S.C.L.: Advanced Accounting, S. Chand & Co. New
Delhi.
 Jain, Khandelwal and Pareek: Financial Accounting, Ajmera Book Company, Jaipur
 Monga, J.R., Ahuja, Girish and Sehgal, Ashok : Financial Accounting, Mayur Paper Back,
Noida.
Note: Latest edition of textbooks and reference books may be used.

Name of the Programme : Bachelor of Commerce (B.Com.)

Name of Course : Cost Accounting
Semester : II

Course Credits No. of Hours Per Week Total No. of Teaching Hours

6 Credits 6 Hours 90 Hours

Course Objectives:-
To develop and understand the basic concepts and processes used to determine product costs &
service costs through various basic cost accounting methods and techniques which develop skill in
order to interpret cost accounting statements and accounts.
SYLLABUS

UNIT 1: Introduction of Cost Accounting, Concept and Types of Cost, Methods of Costing,
Elements of Cost, Material Cost Control

UNIT 2: Employee Cost (Labour Cost), System of Wage Payments, Incentive Plans; Overhead:
Meaning, Classifications, Allocation, Apportionment and Absorption of Overheads
UNIT 3: Unit or Single Output Costing - Cost Sheet and Statements of Cost, Tender Pricing,
Production Account; Reconciliation between Cost and Financial Profit

UNIT 4: Process Costing: Treatment of Normal and Abnormal Losses and Effectives, By-
Product and Joint Products, Inter Process Profit; Operating Costing

UNIT 5: Job, Batch and Contract Costing; Uniform costing and inter firm comparison

SUGGESTED READINGS

 Agarwal, M.L. : Cost Accounting, Satiya Bhawan, Agra

 Arora, M.N. : Cost Accounting-Principles and Practices, Vikas, New Delhi.
 Horngren, Charles, Foster and Datar : Cost Accounting-A, Managerial Emphasis, Prentice Hall of
India, N. Delhi.
 Jain, S.P. and Narang, K.L. : Cost Accounting, Kalyani, Publisher, New Delhi.
 Khan, M.Y. and Jain P.K. : Cost Accounting, Tata McGraw-Hill, New Delhi.
 Maheshwari, S.N. : Advance Problems and Solutions in Cost Accounting, Sultan Chand, N.
Delhi.
 Oswal& Maheshwari:Lagat Lekhankan, Ramesh Book Depot, Jaipur.
 Tulsian P.C. : Practical Costing, New Delhi.
 Jain, Khandelwal and Pareek: Cost Accounting, Ajmera Book Company, Jaipur.

Note: Latest edition of textbooks and reference books may be used.

Name of the Programme : Bachelor of Commerce (B.Com.)
Name of Course : Corporate Accounting
Semester : III

Course Credits No. of Hours Per Week Total No. of Teaching Hours

6 Credits 6 Hours 90 Hours

Course Objectives:-
Enable students to acquire basic understandings about the accounting of corporate entities and
learning the art and science of preparing Financial Statements related to various corporate entities.
SYLLABUS

UNIT 1: (a) Issue of Shares and Debentures, Buy Back of Shares, Book Building Process,
Demat Accounts
(b) Underwriting of Shares and Debentures
(c) Redemption of Preference Share & Debentures
UNIT 2: (a) Acquisition of Business including profit prior to incorporation
(b) Preparation of Final Accounts of Companies
(c) Disposal and Capitalization of Profits
UNIT 3: Accounting for Business Combinations and Corporate Re-structuring – Merger and
Acquisition (Ind AS 103)
UNIT 4: Consolidated Financial Statements of Holding Company with one subsidiary
company (Ind AS 110)
UNIT 5: (a) Liquidation and Winding up of Companies:
i) Statement of Affairs and Deficiency A/c
ii) Preparation of Liquidator's Final Statement
(b) Accounting for Public Utility Companies
SUGGESTED READINGS

 Gupta, R.L. Radhaswamy, M. : Company Accounts, Sultan chand & sons, New Delhi.
 Maheshwari, S.N. : Corporate Accounting, Vikas publishing House, New Delhi.
 Moore, C.L. and jaedicke, R.K. : Managerial Accounting, South Western publishing Co.,
Cincinnati, Ohio.
 Shukla, M.C., Grewal, T.S. and Gupta, S.C. : Advanced Accounts, S.Chand & Co., New
Delhi.
 Jain, Khandelwal, Pareek and Dave : Corporate Accounting, Ajmera Book Company, Jaipur.

Note: Latest edition of textbooks and reference books may be used.

Name of the Programme : Bachelor of Commerce (B.Com.)
Name of Course : Business Statistics
Semester : IV

Course Credits No. of Hours Per Week Total No. of Teaching Hours

6 Credits 6 Hours 90 Hours

Course Objectives:-
The objective of this course is to familiarize students with basic statistical tools used for business
decision making.
SYLLABUS

UNIT 1: Statistics : Introduction and Definition, Functions, Importance, Limitations; Statistical

investigation - Planning, Types, Collection of Data; Editing, Classification and tabulation;
Presentation of data - Graphic and Diagrammatic
UNIT 2: Measures of Central Tendency: Arithmetic, Geometric, Harmonic and Weighted
Mean, Mode, Median and Partition Values, Moving Progressive and Composite Average
UNIT 3: Measures of Dispersion - Absolute and Relative (Mean, Standard and Quartile
deviation); Measures of Skewness - Absolute and Relative (Karl Pearson and Bowley’s Methods)
UNIT 4: Correlation - Meaning, Importance, Types, Methods-Scatter Diagram, Karl Pearson's,
Spearman (Rank) and Concurrent Deviation Method; Regression: Meaning, Importance,
coefficients, equations and estimation, standard error of estimates
UNIT 5: Analysis of Time Series - Meaning, Importance, Components, Measurement of Secular
Trend and Seasonal Variations; Construction of Index Number - base conversion , base
shifting, deflation, test of reversibility; Interpolation and Extrapolation - Binomial,
Newton and Lagrange methods
SUGGESTED READINGS

 Bajpai, Naval, Business Statistics, Pearson, Delhi

 Elhance D.N.: Fundamentals of Statistics, Kitab Mahal Allahabad.
 Gupta, S.P. : Statistcial Methods, Sultan Chand & Sons, New Delhi
 Levin, Richard Statistics for Management, PHI, New Delhi
 Nagar, K.N. ( Hindi) Sankhyiki ke Mool Tatva, Meenakshi Prakashan, Meerut
 Patri, Digambar Statistical Methods, Kalyani Publishers, Ludhiana
 Sancheti D.C. and Kapoor V.C.: Statistics Theory, Methods and Application Sultan Chand &
Sons, New Delhi
 Srivastava. T.N. and Shailaja Rego Statistics for Management, Tata McGraw Hill New
Delhi
 Gupta and Goyal : Business Statistics, Ajmera Book Company, Jaipur.

Note: Latest edition of textbooks and reference books may be used.

Name of the Programme : Bachelor of Commerce (B.Com.)
Name of Course : Management Accounting
Semester : V
DSE : I

Course Credits No. of Hours Per Week Total No. of Teaching Hours

6 Credits 6 Hours 90 Hours

Course Objectives:-
The course aims at equipping students with understanding of concepts, methods and techniques of
Management Accounting.
SYLLABUS

UNIT 1: Management Accounting: Meaning, Nature, Scope and Functions of Management

Accounting, Role of Management Accounting in Decision Making; Tools and Techniques of
Management Accounting; Ratio Analysis
UNIT 2: Financial Performance Appraisal including Value Added Statements, Balanced Score
Card, Free Cash Flow Analysis and Fund Flow Analysis
UNIT 3: Cost information and profit planning: full cost information and its uses, concept of
marginal costs, use of direct costing for planning and control, Computation of break-even point and
its significance in profit planning and decision making, CVP analysis.
UNIT 4: Management Control Process:
(a) Budget: Budgeting as a process of Management Planning, Preparation of Master and
functional Budgets, Flexible Budgeting, Zero Base Budgeting
(b) Management Control: Concept, Techniques, Control Ratios
UNIT 5: Standard Costing: General Principles, setting of standard costs, material, labour,
overhead, sales and profit variance analysis
SUGGESTED READINGS

 Agarwal, J.K.&Agarwal, R.K. : Prabandhkiya Lekhankan.

 Anthony, Robert & Reece, et. al : Principles of Management Accounting, Richard Irwin
Inc.
 Gupta, S.D. : Prabandhkiya Lekha Vidhi.
 Horngren, Charles, Foster and Datar et al. : Cost Accounting-A Managerial Emphasis, Prentice
Hall, New Delhi.
 Kaplan R.S. and Atkinson, A.A. : Advanced Management Accounting, Prentice Hall India,
New Delhi.
 Khan, M.Y. and Jain, P.K. : Management Accounting, Tata McGraw Hill New Delhi.
 Maheshwari, S.N. : Management Accounting and Financial Control.
 Manmohan and Goyal S.N. : Principles of Management Accountancy

Note: Latest edition of textbooks and reference books may be used.

Name of the Programme : Bachelor of Commerce (B.Com.)
Name of Course : Income Tax
Semester : V
DSE : II

Course Credits No. of Hours Per Week Total No. of Teaching Hours

6 Credits 6 Hours 90 Hours

Course Objectives:-
It aims at imparting knowledge about the direct tax laws in force for the relevant previous year and
to provide an insight into procedural aspects Income Tax heads as per IT Act, 1961 and IT Rules,
1962
SYLLABUS

UNIT 1: Constitutional Provisions: Distribution of tax proceeds amongst Centre and States -
a brief study. Basic concepts and definitions: Income, agriculture income, casual
income, Basis of charge, Scope of total i n c o m e , Residence an d t a x l i a b i l i t y
UNIT 2: Heads of Income: Income from Salary
UNIT 3: Income from House Property, Profits and Gains of Business and Profession;
Depreciation
UNIT 4: Capital Gains; Income from Other Sources
UNIT 5: Deemed Incomes and Aggregation of Income, Set-off and carry forward of losses
SUGGESTED READINGS

 Bhattacharya : Income Tax Law and Practice Lal, B.B. : Income Tax Law and practice Pager,
Dinkar : Income Tax
 Bhawan Publication, New Delhi
 Bangar , Yogendra and Vandana , Aadhya Prakashan
 Chandra, Mahesh and Shukla, D.C. : Income Tax Law and Practice, Pragati
 Dinker Pagare : Income Tax Law and practice, Sultan Chand & Sons, New Delhi
 Girish Ahuja and Ravi Gupta : Systematic Approach to Income Tax, Sahitya
 Kanga and Paliwala : Law and Practice of Income Tax in India
 Mehrotra, H.C. : Income Tax Law & Accounts, Sahitya Bhawan, Agra
 Prasad, Bhagwati: Income Tax Law & Accounts, Wiley Publication, New Delhi Publication,
New Delhi
 Singhania, V.K. : Student's Guide to Income Tax, Taxmann, Delhi

Note: Latest edition of textbooks and reference books may be used.

Name of the Programme : Bachelor of Commerce (B.Com.)
Name of Course : Goods and Services Tax (GST)
Semester : V
DSE : III

Course Credits No. of Hours Per Week Total No. of Teaching Hours

6 Credits 6 Hours 90 Hours

Course Objectives:-
The course aim at enriching students with the knowledge of goods & services tax applicable in
India.
SYLLABUS

UNIT 1: Basic concept & Overview of GST, Definitions ,Threshold Exemption, Levy of GST,
GST Council , GST Network, Meaning of Supplies, Non –Taxable Supplies, Time of Supply
UNIT 2: Place of Supply under GST, Concept of E-way bill, Procedure of Generation of E-way
Bill, Exports of Goods and Services and Imports under GST, Refunds and Procedures
UNIT 3: Registration Process of GST, Valuation in GST, Payment of Tax and Interest, Due Dates
under GST Law , TDS scheme, Types of Returns , Return & their filing Process, Concept of Input
Tax Credit and Concept of Input Service Distributor in GST, Job Work under GST, Electronic
Commerce and TCS
UNIT 4: Composition Scheme, Assessment and Audit under GST, Tax Invoice, Credit and Debit
Notes under GST, Transitional Provisions, Anti-Profiteering Provisions
UNIT 5: Appeals and Revision, Demand and Recovery, Penalties and Prosecution, Inspection,
Search, Seizure and Arrest, Advance Ruling, Concept of GSTN
SUGGESTED READINGS

 CGST Rules 2017 – Central Board of Excise and Customs.

 GST and Customs Law by Niti Bhasin and Sameer Lama, Taxman Publications
 GST one nation one tax one market by LVR Prasad and GJ Kiran kumar.
 GST Ready Reckoner by CA. Keshav R. Garg, Bharat Law House, Delhi.
 GST Ready Reckoner By V.S. Datay.
 Rajasthan GST Act, 2017.
 The Central Goods and Services Tax Act, 2017.
 The Integrated Goods and Services Tax Act, 2017.

Note: Latest edition of textbooks and reference books may be used.

Name of the Programme : Bachelor of Commerce (B.Com.)
Name of Course : Practical Approach to Taxation
Semester : VI
DSE : I

Course Credits No. of Hours Per Week Total No. of Teaching Hours

6 Credits 6 Hours 90 Hours

Course Objectives:-
objective of this course is enriching students with the practical knowledge of direct tax and goods
and services tax (GST).
SYLLABUS

UNIT 1: Deductions from Gross Total Income; Computation of Total Income of

Individuals
UNIT 2: Computation of Tax Liability of Individuals; Assessment of Hindu Undivided Family
(HUF); Rebates and Reliefs
UNIT 3: Assessment of Firms, Association of Person/ Body of Individual (AOP/BOI), Societies
and Trust
UNIT 4: Assessment of Companies; Introduction to the concept of TDS; provision regarding
returns of TDS; types of forms for filing TDS return
UNIT 5: Appeals and Revision, Penalties and Prosecutions, Income Tax Authorities; e-filing and
practical workshop of e-filing returns
SUGGESTED READINGS

 Iyengar Sampat , A.C. : Law of Income Tax , Bharat Publishing House , Allied Publishers
 Lakhotia , A.N. : How to Save Income Tax by Tax Planning Asia Pub. House, Calcutta
 Lakhotia , R.N. : Tax Management , A Pitmans Publication , Calcutta
 Palkiwala , N.A. and Palkiwal, B.A. : Law and Practice of Income Tax , N.M. Tripathi ,
BoBComy Raina , H.P. : Corporate Taxation A Hand Book , Orient Law House , NewDelhi/
Allahabad
 Shah , D.D. : A Treatise on Tax Planning , N.M. Tripathi , BoB Comy
 Singhania, V.K.: Direct Taxes Law and Practice, Taxman Publication (Pvt.) Ltd. Delhi
 Srinivas, E.A. : Corporate Tax Planning, Tata McGraw Hill Publishing Co., Ltd.
 Ahuja, Girish, and Gupta, Ravi. Systematic Approach to Income Tax. Bharat LawHouse,
Delhi

Note: Latest edition of textbooks and reference books may be used.

Name of the Programme : Bachelor of Commerce (B.Com.)
Name of Course : Financial Reporting and Ethics
Semester : VI
DSE : II

Course Credits No. of Hours Per Week Total No. of Teaching Hours

6 Credits 6 Hours 90 Hours

Course Objectives:-
After this course students will develop..
 Understanding of conceptual and regulatory framework of financial reporting
 Understanding the reporting of Tangible and Intangible Assets
 Understanding of financial reporting ethics
SYLLABUS

UNIT 1: The conceptual and regulatory framework for financial reporting - The need for a
conceptual framework and the characteristics of useful information; Recognition and measurement
UNIT 2: Introduction of Indian Accounting Standards (Ind AS) and International Financial
Reporting Standards (IFRS), Comparative study of Ind AS and IFRS. Relative view of Ind AS v/s
IFRS, Recent Developments in Financial Reporting System
UNIT 3: Valuation and Reporting – Tangible and Intangible assets; Inventory and biological
assets; Financial instruments; Provisions and events after the reporting period
UNIT 4: Analysing and interpreting the financial statements of entities; interpretation of Financial
Statements through various techniques; needs; Limitations of interpretation techniques
UNIT 5: Ethics in Financial Reporting – Meaning, Importance, Ethical issues in relation to
preparation of financial statements for companies and to the provision of financial reporting
information
SUGGESTED READINGS

 Agarwal, A.N. : The Higher Science of Accountancy

 Agarwal, B.D. : Financial Accounting Advanced
 Batliboi : Advanced Accounting
 Gupta, R.L. : Advanced Accountancy
 Jain and Narang : Advanced Accountancy
 Chakraborthy, H. : Advanced Accountancy
 Nambiar, M.C.K. : Advanced Accountancy
 Shukla, M.C. & Grewal, T.S. : Advanced Accounts William Pickles : Accountancy

Note: Latest edition of textbooks and reference books may be used.

Name of the Programme : Bachelor of Commerce (B.Com.)
Name of Course : Auditing
Semester : VI
DSE : III

Course Credits No. of Hours Per Week Total No. of Teaching Hours

6 Credits 6 Hours 90 Hours

Course Objectives:-
To impart basic knowledge of Auditing, Auditing Ethics, Techniques of Auditing and power, duties
and liabilities of Auditor in the global and Indian context.
SYLLABUS

UNIT 1: Auditing: Meaning, Objectives, Frauds, Errors, Accounting & Auditing, Types of
Audit. Internal Control, Internal Check & Internal Audit, Evaluation of Internal Control
System, Internal control system regarding purchases, sales, Salaries and wages
UNIT 2: Audit Procedure: Planning & procedure of audit, Audit Programme, Audit
working papers and evidences, Routine check & test check; Vouching: Meaning, importance,
vouching of cash and non-cash trading transactions
UNIT 3: Verification & valuation of assets & Liabilities,
Auditor’s Report: - meaning, characteristics, importance and preparation of qualified &
unqualified report
UNIT 4: Audit of limited companies; Company Auditor: Appointment and Removal, Rotation
of Auditors, Powers, Duties & Liabilities; Information Systems Audit (ISA), Social Audit
UNIT 5: Special Audit: Banking Companies, General Insurance Companies, Educational
institutions & Clubs; Investigation: Meaning, Objectives, Procedure Investigation of frauds,
Investigation on behalf of - (a) A prospective purchaser of a business (b) A banker for
granting credit
SUGGESTED READINGS

 Gupta, Kamal : Contemporary Auditing, Tata McGraw Hill, N. Delhi.

 Jain, Khandelwal & Pareek : Auditing, Ramesh Book Depot, Jaipur.
 Pagare, Dinkar : Principles of Auditing, S. Chand & co., New Delhi.
 Pagare, Dinker : Principles & Pracitce of Auditing, Sultan Chand, New Delhi.
 Sharma, T.R. : Auditing Principles & Problems, Sahitya Bhawan, Agra.
 Spicer & Pegler : Practical Auditning, W.W. Bigg., Indian Edition by S.V. Gratalia, Allied
publishers.
 Tandon, B.N. : Priniciples of Auditing, S. Chand & Co., New Delhi.
 Agarwal and Agarwal: Auditing, Ajmera Book Company, Jaipur

Note: Latest edition of textbooks and reference books may be used.