Christ University Bcom Fifth Sem Syllabus Complete Details

Christ University Bcom Fifth Sem Syllabus : Here we provides you Christ University Bcom Fifth Sem Syllabus Complete Details in pdf format and here we given direct download link for Christ University Bcom Fifth Sem Syllabus Complete Details in pdf format. Download these Christ University Bcom Fifth Sem Syllabus Complete Details and read well.

Christ University Bcom Fifth Sem Syllabus Complete Details

Christ University Bcom Fifth Sem Syllabus :  Christ University is a private university in Bangalore, Karnataka, India. Founded in 1969 as an autonomous college, on 22 July 2008 it was declared as an institution deemed to be university under section 3 of UGC Act 1956 by the Ministry of Human Resources Development, Government of India. The University is under the management of the priests of the Catholic religious order, Carmelites of Mary Immaculate (CMI). The University has over 18,000 students and more than 800 faculty members. In 2016, the University was accredited by National Assessment and Accreditation Council with A Grade. In 2017 India Today-Nielsen survey, Christ University is ranked among the top private universities in India. The university offers nationally and internationally recognised undergraduate, postgraduate and research programmes in academic disciplines in Humanities, Social Sciences, Sciences, Law, Engineering, Business Administration, Commerce, and Management. It offers professional courses in fields including Business Management, Computer Application, Hotel Management, Mass Communication, Social Work, Engineering and Tourism. It has a foreign student community of about 700 from 58 nationalities

Download here Christ University Bcom Fifth Sem Syllabus For 2017 – 2018 Schemes in pdf format 

Christ University Bcom Fifth Sem Syllabus Complete Details

Christ University Bcom Fifth Sem Syllabus :  Students who are studying in Christ University for BCOM / MCOM / MPHIL / PHD and other programs are informed that they can download their Christ University BCOM All Semester Syllabus through this page. Candidates who are going to appear for under graduate and post graduate programs exam may download or check Christ University Syllabus 2017 from this page to do better preparation for their exam and grab good scores in their examination.

Christ University Bcom Fifth Sem Syllabus : 

COP 531: Auditing–1

1. Introduction Introduction – Meaning and Definition of Audit – Objectives of Audit – Aspects to be covered in Audit – Basic principles governing an Audit Scope of Audit – Inherent limitations of Audit – Qualities of an Auditor – Auditing and Investigation – Types of audit – Distinctions between them – Balance Sheet Audit – Advantages of independent audit.

2. Basic concepts in Auditing Accounting concepts in Auditing – Auditing concepts – Concept of Auditor’s Independence – Concept of materiality – concept of true and fair, usefulness – Importance – Independence – obligation for audit – Disclosure of Accounting Policies.

3. Auditing and Assurance standards Indian Auditing and Assurance Standard Board – International Auditing Assurance Standards Board – Audit Assurance Standards – Internal Audit Standard – Quality Control Standard.

4. Preparation for an Audit Auditor’s Engagement – Audit Process – Audit techniques – Audit procedure – Audit planning – Audit Program – Audit working papers – Quality control for audit work – Elements of Statistical sampling – Audit Risk.

5. Internal Control Concept of internal control – Environment of Internal control – Inherent limitations of inherent control – Accounting and Financial Record – Internal control and management – Internal control and auditor – Review of internal control by the auditor – Testing of internal control – Examination in depth – Relationship between the assessments of Inherent and Control Risks – Communication of weakness in internal control – Internal check – Internal Audit – Standard on Internal Audit.

6. Audit Evidence Introduction – Audit procedures to obtain audit evidence – Types of audit evidences – Reliability of Audit evidence – Methods to obtain audit evidence.

7. Vouching, Verification and Valuation Meaning – Vouching Vs Verification – Confirmation Vs Verification – Test check – Surprise check – Verification of Cash in hand verification of Bank balance – Bank Reconciliation Statements – General principles – Valuation of assets – Verification of assets –

8. Audit process for P/L items Audit of cash payments – Audit of purchases – Audit of Expenditure – Audit of cash receipts – Audit of Sales – Audit of Other Income – Cutoff arrangement – Audit of depreciation – Audit of ledgers – Audit of outstanding liabilities – outstanding assets – General scrutiny – Variance Analysis – Quantitative Reconciliation in trading and manufacturing companies.

9. Audit process for Balance Sheet items Audit of fixed assets – Fixed assets & requirements of CARO – Audit of Investments – Audit of Current Assets – Audit of Miscellaneous expenditure – Audit of liabilities – General consideration – Loans and Borrowings – Provisions – Contingent Liabilities – Events occurring after the Balance Sheet date – Prior period and extraordinary items and changes in accounting policies.

10. Tax Audit under Income Tax Act

Christ University Bcom Fifth Sem Syllabus : 

COP 532:COST & MANAGEMENT ACCOUNTING-I

Concept of Cost-costing-cost reduction and cost control-elements of cost-types of costs-cost behavior-cost sheet-Materials-accounting for consumption-stores ledgerpricing and valuation of inventory-inventory control-Labour-payrol and time officelabour cost control-incentive schemes-Overheads-Fixed and variable absorption of overhead –methods-Activity Based Costing- Costing Methods-Unit-Job-ProcessContract-Cost Ledgers-Reconciliation of Cost & financial accounts.

Marginal Costing

Introduction – objectives of costing system; cost concepts and cost classification; establishing costing system; management accounting – meaning, nature and scope; role of management accountant, tools and techniques of management accounting; distinction between financial accounting, cost accounting and management accounting.

Elements of cost: –

i. Material cost — purchase procedures, store keeping and inventory control, fixing of minimum, maximum and re-order levels, ABC analysis, pricing of receipts and issue of material and accounting thereof, investigation and corrective steps for stock discrepancies; accounting and control of wastage, spoilage and defectives.

ii. Labour cost — classification of labour costs, payroll procedures, labour analysis; monetary and non-monetary incentive schemes; measurement of labour efficiency and productivity; labour turnover and remedial measures; treatment of idle time and overtime.

iii. Direct expenses — nature, collection and classification of direct expenses and its treatment.

iv. Overheads — nature, classification, collection, allocation, apportionment, absorption and control of overheads.

Reconciliation of cost and financial accounts.

Methods of costing – output or unit costing; job and batch costing; operating costing; contract costing; process costing – treatment of by-products and joint products.

Standard costing and variance analysis – standard costing distinguished from budgetary control; types of standards, determination of standards, variance analysis; disposal and reporting of variances to management.

Marginal costing and break-even analysis – Marginal costing distinguished from absorption costing; application of marginal costing; contribution concept and decision making; cost-volume-profit relationship; break-even analysis, preparation of breakeven charts,

profit – volume graph; practical application of profit volume ratio.

Christ University Bcom Fifth Sem Syllabus : 

COP:533 INSURANCE MANAGEMENT:

COURSE OBJECTIVE : TO PROVIDE AN IN-DEPTH UNDERSTANDING OF INSURANCE SERVICE AND TO MAKE STUDENTS APPRECIATE THE ROLE OF INSURANCE COMPANIES IN THE ECONOMIC SYSTEM.

MODULE I :INTRODUCTION TO INSURANCE Insurance-Meaning-nature -Origin-evolution and scope of insurance-role and significance of insurance in personal and business activities-classification of insuranceprinciples of insurance-History of life and general insurance business in India -FDI in insurance sector-Changing role of Government as an insurance service provider in the economic system.

 MODULE II INSURANCE POLICIES: Introduction to insurance policies-the concept of insurable interest- laws affecting insurance and salient features of insurance policy-types and functions of various insurance policies -modalities-choice of insurance policy-calculation of premium claims and procedures-rejection of claims- special conditions.

MODULE III LIFE INSURANCE : Laws relating to life insurance-general principles of life insurance-proposals and policyassignment and nomination-titles and claims-concept of trusts in life policyLIC-laws relating to general insurance-types of general insurance Case Study: Comparative study of salient feature of insurance policies of various life insurance companies in India .

MODULE IV :GENERAL INSURANCE : General Insurance: Concept of General insurance-Types of general insurance Fire insurance :Nature-disclosure-terms and conditions-claims and recovery- Marine Insurance , Nature-disclosure-terms and conditions-claims and recovery .Moter insurance, Nature-disclosure-terms and conditions-claims and recovery, Third party insurance-compulsory motor vehicle insurance-accident insurance-Medical InsuranceRole of Third Party Administer in Medical insurance. Case Study: Comparative study of salient feature of General insurance policies of various general insurance companies in India .

MODULE V :DEPOSIT AND CREDIT INSURANCE Nature-terms and conditions-claims and recovery-public liability insurance-emergency risk insurance

MODULE VI:REGULATORY FRAME WORK: IRDA- Brief profile, functions & powers , An appraisal of the role performed by IRDA in regulating insurance industry in India.

 MODULEVII :INSURANCE MANAGEMENT: Insurance intermediaries and professionals-salient features of insurance management for user and provider- key controls exercised by insurance companies for operational safety and profitability.

Christ University Bcom Fifth Sem Syllabus : 

COP-534 TAXATION – I

Objective: To have working knowledge of application, taxability, sources and computation of income as per Income Tax Act.

Unit –I Introduction: Principles of Direct Taxes; Introduction to The Income Tax Act, 1961. Preamble & applicability of Act, (Sec 1) Finance Bill & Finance Act; Definitions: Person, Assessee, Assessment year, Previous year, Gross Total Income, Total Income, Exceptions to previous year. Basis of Charge. Rates of Tax. Capital and Revenue receipts, capital and revenue expenditure.

Unit – II Scope of Total Income: Residential Status, Scope of Total Income, Incomes deed to be received/accrued in India (Sec 5, 6 7 & 9). Problems. Exempted Incomes applicable to individuals – Agricultural Income: Definition, Concept of Aggregation, Rules on classification of Agricultural and non agricultural income.

Unit – III  Income from Salaries: Scope of chargeability, Allowances, perquisites, Gruatuity, Commuted pension, Leave salary, Compensations, Leave Travel Concession, deductions, Problems covering all the aspects.

Unit – I Income from House property: Scope of Chargeability, Deemed owner, Let Out Properties, Self Occupied Properties, Deemed to be let out, Co-ownership. Deductions, Deductions not allowable, Arrears of rent, Problems on all types of occupations.(Sec 22 to 27)

Unit – Vs Business/profession Income: Scope of Charging section, Allowable and disallowable expenses, Depreciation to include, Conditions, Block of assets, Methods of depreciation, rates, cost (Sec 43(1), WDV, computation etc., Deduction on account of Tea Development, Scientific Research, Preliminary Expense, Deductions based on payments, Method of Accounting, Maintenance of Accounts, Audit of Accounts. Deemed Incomes. Presumptive incomes Problems on computation of income from business or profession of an individual.

Unit VI  Capital Gains Scope of chargeability, Capital Asset, Transfer, Transactions not regarded as transfer, consideration, Cost/Indexed cost of acquisition, Exemptions, Problems on computation of capital gains including tax on capital gains

Unit VI Income from Other sources Income from Other sources & Gross Total Income: Scope of chargeability, Dividends, Interest, Amounts not deductible, Problems on computation of income from other sources.

Christ University Bcom Fifth Sem Syllabus Complete Details