The document discusses 5 units related to financial accounting, working capital management, entrepreneurship, and company law: Unit I introduces financial accounting and covers basic concepts. Unit II discusses double accounting and preparation of financial records. Unit III explains financial statements and adjustments. Unit IV covers depreciation methods. Unit V introduces computerized accounting systems. The remaining units cover topics like working capital management, entrepreneurship, women entrepreneurship, business plans, and key elements of company law like formation, meetings, directors, and winding up.

1. FINANCIAL ACCOUNTING
Objective: To impart elementary knowledge of Accounting among the students:
UNIT – I
Introduction: Financial Accounting – Meaning Definition – objectives – importance –
users of Accounting Information – Generally Accepted Accounting Principles [GAAP] –
Concepts and Conventions. [Threory].
UNIT – II
Double Accounting: Classification of Accounts – Preparation of Journal – Preparation
of Ledger – Subsidiary Books – preparation of Single, Double, triple column Cash
Books. [Threory and Problems]
UNIT – III
Financial Statements: Need of Final Accounts – preparation of Trading Account –
Profit and Loss Account and Balance Sheet with Adjustments [Problems].
UNIT – IV
Depreciation: Meaning Causes of Depreciation – Important Factors in the measurement
of depreciation – methods of depreciation (Theory) – Straight Line Method and
Diminishing Balance Method (Problems)
UNIT – V
Computerised Accounting: Its Features – Advantages – difference between Mannual
Accounting System Vs Computerised Accounting System – Introduction to Tally –
Creation of a Company – uses of Button – Creation of Groups – Ledger Accounts –
Voucher – Creation of Inventory Based Accounts.
Recommended Books
1. Dr.Sakshi Vasudeva, Accounting for Business Managers, , Himalaya Publishing
House.
2. Gupta RL and Radhaswamy M, Advanced Accountancy, Sultan Chand
3. Maheswari S.N. Advanced Accountancy, Vikas Publishing Company.

2. WORKING CAPITAL MANAGEMENT
UNIT – I
Working Capital Management: Meaning – Definition – Need – Components of
Working Capital – Classification of Working Capital – Dis-advantages of Excess or
Inadequate working capital – Determinants of Working Capital requirements [Theory and
Problems].
UNIT – II
Source of Working Capital: Working Capital Finance by Commercial Banks –
Determining the Working Capital Financing Mix – Working Capital Analysis.
UNIT – III
Cash Management: Meaning – Methods of Accelerating Cash Inflows – Methods of
slowing cash outflows – Determining optimum Cash Balance – Cash Management
Models – William J Baumol’s Model, Miller Orr Model (Theory and Problems).
UNIT – IV
Receivables Management: Meaning – Objectives – Factors influencing the size of
Receivables – Dimensions of Receivables Management (Problems and Theory).
UNIT – V
Inventory Management: Types of Inventories – objectives – Tools and Techniques of
Inventory management – Valuation of Inventories – FIFO – LIFO –Simple Average –
Weighted Average – Factoring (Problems and Theory).
Recommended Books
1. I M Pondey, Financial Management, Vikas Publications
2. Sharma and Shashi K Gupta, Financial Management Theory and Practice, Kalyani
Publishers.
3. MY Khan and Jain PK, Financial Management, MCGraw-Hill.

3. ENTREPRENEURSHIP
UNIT – I
Entrepreneur: Evolution of the concept of Entrepreneur – Types, characterstics of
an Entrepreneur – Functions of Entrepreneur – distinction between an Entrepreneur
and Manager – Entrepreneur Vs. Inventors – International Vs. Domestic
Entrepreneurship.
UNIT – II
Entrepreneurship: Concept of Entrepreneurship – Entrepreneurial Process –
Intrapreneurship – Growth of Entrepreneurship in India – Role of Entrepreneurship in
Economic Development.
UNIT – III
Women Entrepreneurship: Concept – Functions – Growth of Women
Entrepreneurship in India – problems and Limitations of women Entrepreneurship.
UNIT – IV
Creativity and the Business Idea: Sources of New Ideas – Methods of Generating
Ideas – Creative problem solving – Opportunity recognition – Product Planning and
Development Process.
UNIT – V
Business Plan: Process of Bisiness Plan -Production and Operation Plan –
Organisational Plan – Marketing Plan – Financial Plan.
Recommended Books
1. Robert, D., Hisrich, Michael P Peters – Dean A Shephered, Entrepreneurship,
Mc-Graw Hill.
2. Dr.SS Khanka, Entrepreneurial Development, S.Chand
3. Madhurima Lall, Shika Sahai, Entrepreneurship, Excel Books.

4. COMPANY LAW
UNIT – I
Companies Act, 1956: Introduction – Definition of a company – charcteristics of a
company – Types of companies – distinction betwseen Pvt. Company and Public
Company – Privileges of Private Company – Advantanges and Disadvantages of
Company.
UNIT – II
Formation and Documents of a company: Promotion of a company – Incorporation –
commencement of Business. Documents – Memorandum of Association – Meaning –
Clauses – Alteration – Doctrine of Ultra–vires – Articles of Association – meaning –
contents – alteration – distinction between memoradum of association and Articles of
Association – Doctrine of Indoor Management – Prospectus – meaning – contents –
effect of Omi9ssions and Mis-statements in a prospectus.
UNIT – III
Meetings and Proceedings: Statutory meeting – Annual General meeting –
Extraordinary general meeting – power of the company law board to call meeting – class
meetings – requisites of a valid meeting – proper authority – Notice – Ordinary and
special business – quorum – chairman – Minutes of a meeting – Voting – Proxies –
Representation of corporation in meetings.
UNIT – IV
Directors: Meaning - Number of directors – Appointment –qualifications of directors –
dis-qualifications of directors – removal of directors - powers, duties and legal position of
directors,
UNIT – V
Winding up: Meaning – modes of winding up – compulsory winding up – voluntary
winding up – winding up subject to the supervision of the court – consequences of
winding up.
Recommended Books
1. ND Kapoor, Elements of Mercantile Law, Sultan Chand
2. KR Bulchandani Business law for Management HPH
3. SS Gulshan, Business Law, Excell Books