COMMERCE AND ACCOUNTANCY PAPER 1:

PAPER 1: SECTION A 1ST 2nd 3rd 4th

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A. Financial Accounting
B. Cost Accounting
C. Income tax
D. Auditing
PAPER 1: SECTION B
E. Financial Management
F. Financial markets and Services

COMMERCE AND ACCOUNTANCY PAPER 2:

PAPER 2: SECTION A 1ST 2nd 3rd 4th
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A. Organisation Theory
B. Organisation Behaviour
PAPER 2: SECTION B
C. Human Resources Management
D. Industrial Management
 A. Financial Accounting
01 Accounting as Financial Information system.
02 Impact of Behavioural Sciences
03 Accounting Standards e.g.,
A. Accounting for Depreciation
B. Inventories
C. Research and Development Costs
D. long term Construction Contracts
E. Revenue Recognition
F. Fixed Assets
G. Contingencies
H. Foreign Exchange Transactions
I. Investments and Government Grants
J. Cash Flow Statement
K. Earnings per Share
04 Accounting for Share Capital Transactions including,
A. Bonus Shares
B. Right Shares
C. Employees Stock Option
D. Buy-back of Securities
05 Preparation and Presentation of Company Final Accounts
06 A. Amalgamations
B. Absorption and Reconstruction of Companies.
- Internal Reconstruction
-External Reconstruction
 B. Cost Accounting
07 Cost Accounting:
A. Nature and Functions of Cost Accounting
B. Installation of Cost Accounting System
08 Cost Concepts Related to
A. Income Measurement
B. Profit Planning
C. Cost Control
D. Decision Making
09 Methods of Costing
A. Job Costing
B. Process Costing
C. Activity Based Costing
10 Volume – Cost – Profit Relationship as a tool of Profit Planning.
11 Incremental Analysis – Differential Costing
as a tool of Pricing decision
A. Product Decision
B. Make or Buy Decisions
C. Shut Down Decisions
12 Techniques of Cost Control and Cost Reduction
A. Budgeting as tool of Planning and Control
B. Standard Costing
C. Variance Analysis
13 A. Responsibility Accounting
B. Divisional Performance Measurement
 C. Income Tax
14 Income tax:
A. Important Definitions
15 Basis of Charge
16 Income Which do- not Part of Total Income
Simple Problems of Computation of Income -- Individuals only
◼ Under various Heads of Income
A. Income from Salary
B. Income from House Property
C. Profit and Gains from Business or Profession
D. Capital gains
E. Income from other sources
17 Income of other Persons Included in Assesses Total Income
18 Set off and carry forward of Losses
19 Deductions from Gross Total Income
20 Goods and Service Tax;
A. Features of GST
B. Provisions Related to GST

D.AUDITING
21 Company Audit related to
A. Divisible Profits
B. Dividends
C. Special Investigations
D. Tax Audit
22 Audit related to
A. Banking- Insurance
B. Non-profit Organisations
C. Charitable Societies
D. Trusts- Organisations
 E. Financial Management
23 Financial Management;
A. Finance Functions
B. Nature and Scope and Objectives of Financial Management
24 Risk and Return Relationship
25 Tools of Financial Analysis:
A. Ratio Analysis
B. Funds Flow Statement
C. Cash Flow Statement
26 Capital Budgeting Decisions;
A. Process, Procedures and Appraisal Methods
B. Risk and Uncertainty Analysis and Methods

27 Cost of Capital:
A. Concepts, Computation of Specific costs and
Weighted Average costs of capital
B. CAPM as a tool of Determining Cost of Equity Capital
28 Financing Decisions:
Theories of Capital Structure:
A. Net Income Approach
B. Net Operating Income Approach
C. MM Approach
D. Traditional Approach
29 Designating of Capital Structure:
A. Types of Leverages
◼ Operating
◼ Financial
◼ Combined
B. EBIT – EPS analysis and other factors
30 Dividend decisions and Valuation of Firms:
A. Walters Model
B. Gordan’s Model
C. MM Thesis
D. Lintners Model
B. Factors Affecting Dividend Policy
31 Working Capital Management:
A. Planning of Working Capital
B. Determination of Working Capital
C. Components of Working Capital
32 Cash and Inventory and Receivable’s
33 Corporate Restructuring with focus on Mergers and Acquisitions
(Financial aspects only)
 F. Financial Markets and Institutions
34 Indian Financial System: An Overview

35 Money Market:

A. participants

B. Structure and Instrument’s

36 Commercial Banks.

37 Reforms in Banking Sector.

38 Monetary and Credit Policy of RBI

39 RBI as a Regulator

40 Capital Markets:

A. Primary Market

B. Secondary Market

(Money market vs Capital market)

41 A. Financial Markets Instruments and

B. Innovative debt Instruments

42 SEBI as a Regulator

43 Financial Services:

A. Mutual Funds

B. Venture Capital

C. Credit Banking Agencies

D. Insurance and IRDA

A. Organisation Theory