Indian Institute of Information and Technology, Allahabad

(Deemed University)
Lecture List

Business Systems Total lectures: 30

Credit hours: 2 hrs Program:B.Tech (IV)

Topics Covered: Lectures required

1. Business Environment 06
Concept, components, and importance. External and Internal Environment.
Environmental Analysis. Strategic Management & Emerging Scenario: conceptual
framework. Defining strategies. Types of planning systems. SWOT, ETOP, and PERT.
The importance and role of strategic management. Process of strategic management.
Mission statement, Business Definition

2. Business & Society 03

Social responsibility of business, Economic roles of Government. Corporate governance.

3. Industrial Policy & Industrial Sickness 03

Definition; magnitude; causes of industrial sickness. Preventive and curative measures.
Institutional support.

6. Basic Accounting Concept 04

Definition of Accounting, Difference between Accountancy, Book-keeping &
Accounting, Objectives of Accounting, Definition of accounts, Classifications of
accounts, Debits & Credits Utility of accounting, Transactions, Features of transactions,
Generally Accepted Accounting Principles (GAAP), Double Accounting & its Principle,
Single entry accounting , Accounting Concepts & Conventions.

7. Journal Ledger
06
Journal, Narration, Entry & posting, Folioing, Simple & compound Entry, Comparison of
Journal & Ledger, Ledger, Division of Ledger, Balancing an account, Cash Discount &
Trade Discount.

8. Trial Balance
03
What is Trial Balance, Methods of preparation, Objects of a trial balance, Errors not
disclosed by a Trail Balance, Possible cause of Disagreement.

9. Cash Book 05
Meaning of cash book, Advantages of maintaining a cash book, Forms of cash book,
types of cash book: Single Column, Double Column (cash & bank Column), Triple
Column (cash, bank & discount Column)
Self Reading
4. MRTP Act: IBRD, WTO, and IMF

5. Regulation & Promotion of Foreign Trade: Foreign Trade Act. Globalization.

Significance of foreign investments.

* Self reading assignments shall be a part of the examinations.

Reference Books:

• Principles and practices of Accountancy.

—R.L. Gupta/U.K. Gupta.
• Double Entry Book Keeping.
---T.S Grewal/Sultan Chand and Sons.
• Advanced accountancy—Theory Method and application
-- by R.L.Gupta/M Radhaswamy. (Vol. I,II,III,IV)
• Problems and Solution In Advanced Accountancy
---S.N.Maheshwari.
• Principles of Accounts. (Vol 1)
---Monilal Das
• Accounting
---N.D Kapoor
• Business Environment: text and cases.
--- Francis Cherunilam.
• Business Environment
----Raj Agarwal.
• Economic Environment of Business
----Adhikari.