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Sub Committee For Curriculum Development Banking & Finance Specialization Post Graduate
Sub Committee For Curriculum Development Banking & Finance Specialization Post Graduate
Level: 4
Learning Objective(s):
Number of Credits: 2
Course Outline
No. of
Sr. No. Topic
hrs.
Introduction to Accounting:
Introduction, Meaning & Scope of Financial Accounting, meaning and
1 2
nature of business transactions, introduction to basic elements of
financial accounting
Accounting concepts and conventions:
2 Accounting concepts, principles, conventions and assumptions, 2
disclosure, Generally accepted accounting principles (GAAP) & IFRS
Accounting Mechanics:
Accounting Process: Principles of double entry, Accounting Equation,
3 6
Accounting Process (Journal entries, Trial balance). Systems of
accounting and its effect on financial statements
Depreciation - Estimating the useful life, determination of cost, methods
4 2
for calculating depreciation(SLM & WDV)
Inventory – Valuation of Inventory, different conventions on Inventory
5 2
Valuation
Preparation of Financial Statements: Balance Sheet, Profit and Loss
6 8
Account. Schedule VI of Companies Act.
Cash flow Statements: Understanding Cash flow statements
7 2
Total 30
Recommended Pedagogy:
1. Lectures and PPTs
2. Use of Excel tools for preparation of final accounts
3. Case Study in the form of Annual Reports of companies.
Suggested Evaluation Methods: Quiz + Assignment in reading Annual Report of listed firms.
Level of evaluation:4
Books Recommended:
1. Narayanaswamy R., (2008) Financial Accounting – A Managerial Perspective, Edition, 3.
PHI Learning Pvt. Ltd.
2. Dr. S. N. Maheshwari, Dr. S. K. Maheshwari, Sharad K. Maheshwari, (2012), Accounting
for Management , Vikas Publishing House
Reference Books:
Robert Libby, Patricia Libby, Daniel Short. (2011), Financial Accounting Seventh (6th) Edition, Tata
McGraw - Hill Education.
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