BTS404

Accounting and Financial Management
Year / Semester: 
4th Semester
Objective: 

To instill the conceptual understanding of Accounting and finance in the learners thereby helping them in the maintenance of accounts, paramount to any organization.

Block 1
Accounting : Introduction

Unit 1 

Accounting: Meaning, Definition, Objective & Scope.

Unit 2

Basic terms in Accounting, Accounting principles, branches of Accounting, Uses of accounting, Limitation of accounting.

Unit 3

Concept & Conventions: Accounting Vs Accountancy; Functions of accountant in modern times

Unit 4

Practical system of book-keeping - Cash book, types of cash book, single column, double column. The Double Entry System

Block 2
Subsidiary Books of Accounts

Unit 5

Journal-debit &credit, rules of debit &credit, method of Journalising,

Unit 6

Ledger-meaning of ledger, utility of ledger, posting of entries.

Unit 7

Petty Cash Book, Trial Balance: Meaning, Objective and Preparation of Trial Balance, Errors and Rectification of Errors

Unit 8

Profit and Loss Account, Preparation of Balance Sheet

Block 3
Financial Accounting

Unit 9

Meaning, Need, Objective, Concept and Function of Finance and Finance Management

Unit 10

Statement of changes in Financial Position, Fund Flow Analysis

Unit 11

Financial Statement Analysis; Ratio Analysis

Unit 12

Analysis of Risk and Uncertainty

Block 4
Financial Planning

Unit 13

Sources of Finance; Meaning and Steps of Financial Planning

Unit 14

Over and Under-capitalization theories, Theory and Planning of working capital management

Unit 15

Meaning and Importance of Capital Budgeting, Rationale for Capital Expenditure

Unit 16

Evaluation Techniques- PBP, BCR, NPV, IRR; Dividend