ANU UG / Degree B.Com (Gen) 1st Sem Business Environment New Syllabus For A.Y 2020-21

ANU UG / Degree B.Com (Gen)  1st Sem  Business Environment  New Syllabus For A.Y 2020-21 admitted batch is revised new syllabus with Learning outcomes (LOC) scheme with CBCS is as follow.

 Learning Outcomes:

1. At the end of the course, the student will able to;
2.  Understand the concept of the business environment.
3.  Define Internal and External elements affecting the business environment.
4.  Explain the economic trends and their effect on Government policies.
5.  Critically examine the recent developments in the economic and business policies of the Government.
6.  Evaluate and judge the best business policies in the Indian business environment.
7.  Develop new ideas for creating a good business environment.

 Unit–I: Overview of Business Environment:

 Business Environment – Meaning – Characteristics – Scope -Macro and Micro Dimensions of Business Environment -Environmental Analysis.

Unit – II: Economic Environment: 

Economic Environment – Nature of the Economy – Structure of Economy – Economic Policies & Planning the Economic Condition – NITI Ayog – National Development Council – Five Year Plans



 Unit–III: Economic Policies:

Economic Reforms and New Economic Policy – New Industrial Policy – Competition Law – Fiscal Policy – Objectives and Limitations – Monetary Policy and RBI

Unit – IV: Social, Political and Legal Environment: Concept of Social Responsibility of Business towards Stakeholders - Demonetisation, GST, and their Impact - Political Stability - Legal Changes.

 Unit–V: Global Environment: 

Globalization – Meaning – Role of WTO – WTO Functions -IBRD– Trade Blocks, BRICS, SAARC, ASEAN in Globalisation

 Suggested Readings:

1. K. Aswathappa: Essentials of Business Environment, Himalaya Publishing House
2. Francis Cherunilam : Business Environment, Himalaya Publishing House
3. Dr. S Sankaran:: Business Environment, Margham Publications
4. S.K. Mishra and V.K. Puri: Economic Environment of Business, HPH
5. Rosy Joshi and Sangam Kapoor: Business Environment, Kalyanai Publications
6. A C Fernando: Business Environment, Pearson
7. Dr V Murali Krishna, Business Environment, Spectrum Publications
8. Namitha Gopal, Business Environment, McGraw Hill

 Suggested Co-Curricular Activities:

•  Seminar on overview of the business environment
•  Debate on micro v/s macro dimensions of the business environment
•  Co-operative learning
•  Seminar on Monetary policies of RBI
•  Debate on the social, political and legal environment
•  Group Discussions on Global environment and its impact on business
•  To learn about NITI Ayog and National Development Council
•  Seminars on Economic policies like New Industrial policy, Fiscal policy etc.
•  Reports on WTO, BRICS, SAARC etc.
•  Examinations (Scheduled and surprise tests) on all units

ANU UG / Degree B.Com (Gen) / B.Com(CA) 1st Sem Business Organization and Management New Syllabus For A.Y 2020-21

ANU UG / Degree B.Com (Gen) / B.Com(CA) 1st Sem Business Organization and Management  New Syllabus For A.Y 2020-21 admitted batch is revised new syllabus with Learning outcomes (LOC) scheme with CBCS are as follow.

Learning Outcomes:

1. At the end of the course, the student will be able to
2.  Understand different forms of business organizations.
3.  Comprehend the nature of Joint Stock Company and formalities to promote a Company.
4.  Describe the Social Responsibility of Business towards society.
5.  Critically examine the various organizations of the business firms and judge the best among them.
6.  Design and plan to register a business firm. Prepare different documents to register a company at his own.
7.  Articulate new models of business organizations.

 Unit-I –Introduction Concepts of Business, Trade, Industry, and Commerce:

Business – Meaning, Definition, Features, and Functions of Business - Trade Classification – Aids to Trade – Industry Classification and Commerce - Factors Influencing the Choice of Suitable form of Organisation

Unit –II– Forms of Business Organizations:

Features, Merits and Demerits of Sole Proprietor Ship and Partnership Business - Features Merits and Demits of Joint Stock Companies - Public Sector Enterprises (PSEs) - Multinational Corporations (MNCs)- Differences between Private Limited Public Limited Company

 Unit-III -Company Incorporation:

Preparation of Important Documents for Incorporation of Company - Certificate of Incorporation and Certificate of Commencement of Business - Contents of Memorandum and Articles of Association - Contents of Prospectus

 Unit-IV- Management: Meaning Characteristics - Fayol’s 14 Principles of Management - Administration Vs Management - Levels of Management

Unit-V-Functions of Management: Different Functions of Management - Meaning – Definition – Characteristics Merits and Demits of Planning - Principles of Organisation – Line and staff of Organisation.

Reference Books :

1. Industrial Organization and Management, C.B.Guptha, Sultan Chand.
2. Business Organization - C.D.Balaji and G. Prasad, Margham Publications, Chennai.
3. Business Organization - R.K.Sharma and Shashi K Gupta, Kalyani Publications.
4. Business Organization & Management: Sharma Shashi K. Gupta, Kalyani Publishers
5. Business Organization & Management: C.R. Basu, Tata McGraw Hill
6. Business Organization & Management: M.C. Shukla S. Chand,
7. Business Organisation and Management, Dr.NeeruVasishth, Tax Mann Publications.
8. Business Organisation and Management, Dr B E V L Naidu, Seven Hills International Publishers, Hyderabad

Suggested Co-Curricular Activities:

• Book Reading
• Student Seminars, Debates
• Quiz Programmes
• Assignments
• Co-operative learning
• Individual / Group Field Studies
• Group Discussions on problems relating to topics covered by syllabus
• Collecting prospectus of different companies through media
• Collection of news reports and maintaining a record of paper-cuttings relating to topics covered in the syllabus
• Talk on current affairs about the business, industry, etc.
• Simple project work on the development of Certificate of Incorporation, Prospectus and Certificate of commencement of business
• Biography of well-known management thinkers and managers of gigantic companies
• Examinations (Scheduled and surprise tests)

ANU UG / Degree B.Com (Gen) / B.Com(CA) 1st Sem Fundamentals of Accounts New Syllabus For A.Y 2020-21

ANU UG / Degree B.Com (Gen) / B.Com(CA) 1st Sem Fundamentals of Accounts New Syllabus For A.Y 2020-21 admitted batch is revised new syllabus with Learning outcomes (LOC) scheme with CBCS is as follow.

Learning Outcomes:
At the end of the course, the student will able to

1. Identify transactions and events that need to be recorded in the books of accounts.
2. Equip with the knowledge of the accounting process and preparation of final accounts of a sole trader.
3. Develop the skill of recording financial transactions and preparation of reports in accordance with GAAP.
4. Analyze the difference between cash book and pass book in terms of balance and make reconciliation.
5. Critically examine the balance sheets of a sole trader for different accounting periods.
6. Design new accounting formulas & principles for business organizations

Unit-I – Introduction

Need for Accounting – Definition – Objectives, – Accounting Concepts and Conventions –GAAP - Accounting Cycle - Classification of Accounts and its Rules – Book Keeping and Accounting - Double Entry Book-Keeping - Journalizing - Posting to Ledgers, Balancing of Ledger Accounts (including Problems).

Unit-II: Subsidiary Books:

Types of Subsidiary Books - Cash Book, Three-column Cash Book- Petty Cash Book (including Problems).

Unit-III: Trial Balance and Rectification of Errors:

Preparation of Trial balance - Errors – Meaning – Types of Errors – Rectification of Errors – Suspense Account (including Problems)

Unit-IV: Bank Reconciliation Statement:

Need for Bank Reconciliation - Reasons for Difference between Cash Book and Pass Book Balances- Preparation of Bank Reconciliation Statement - Problems on both Favourable and Unfavourable Balance (including Problems).

Unit -V: Final Accounts:

Preparation of Final Accounts: Trading account – Profit and Loss account – Balance Sheet – Final Accounts with Adjustments (including Problems).

References:

1. Ranganatham G and Venkataramanaiah, Fundamentals of Accounting, S Chand Publications
2. T.S. Reddy& A. Murthy, Financial Accounting, Margham Publications
3. S N Maheswari and SK Maheswari, Financial Accounting, Vikas Publications
4. R L Gupta & V K Gupta, Principles and Practice of Accounting, Sultan Chand & Sons
5. S.P. Jain & K.L Narang, Accountancy-I, Kalyani Publishers
6. Tulasian, Accountancy -I, Tata McGraw Hill Co.
7. V.K. Goyal, Financial Accounting, Excel Books
8. K. Arunjothi, Fundamentals of Accounting; Maruthi Publications
9. Prof E Chandraiah : Financial Accounting Seven Hills International Publishers

Suggested Co-Curricular Activities:

•  Bridge Course for Non-commerce Students
•  Practice of Terminology of Accounting
• Quiz, Word Scramble
•  Co-operative learning
•  Seminar
•  Co-operative learning
•  Problem Solving Exercises
•  Matching, Mismatch
•  Creation of Trial Balance
•  Visit a firm (Individual and Group)
•  Survey on sole proprietorship and prepare final accounts of concern
•  Group Discussions on problems relating to topics covered in the syllabus
•  Examinations (Scheduled and surprise tests)
•  Any similar activities with imaginative thinking beyond the prescribed syllabus