1 A. Introduction of Book-keeping and Accountancy
A.1 Meaning and definition
A.3 Importance and Utility
A.4 Difference between Book-Keeping and Accountancy
A.5 Basis of Accounting - Cash basis and Accrual basis.
A.6 Qualitative characteristics of accounting information
A.7 Financial Accounting, Cost Accounting, Management Accounting
B. Basic Accounting Terminologies
B.1 Business Transactions � Cash Transactions and Credit Transactions
B.3 Profit, loss-Operating and Non-operating profits, Normal gains and abnormal gains with examples. Difference between profit and Income
B.4 Assets, Liabilities, Net-worth/ Owners Equity Assets: Fixed/ Current/Tangible/ Intangible/ fictitious
B.5 Contingent Liability
B.6 Capital, Drawings
B.7 Debtors, Creditors
B.8 Capital Expenditure, Revenue and Deferred Revenue Expenditure
B.9 Cash discount and Trade discount
B.10 Solvent and Insolvent
B.11 Accounting Year
B.12 Trading Concerns and �Not for Profit� Concerns
C. Accounting Concepts, Conventions and Principles and Indian
Accounting standards concepts and objectives
C.1 Meaning and Importance
C.2 Business Entity
C.3 Money measurement
C. 5 Consistency
C. 6 Conservatism
C. 7 Going Concern
C. 8 Realization
C. 9 Accrual
C.10 Dual Aspect
C.15 Accounting Standards
2. A. Meaning and fundamentals of Double Entry Book-keeping System
A.1 Study of Double Entry Book-keeping system.
A.2 Advantages of Double Entry Bookkeeping system.
A.3 Comparison of Double Entry Bookkeeping system with Conventional Accounting system.
B. Classification of Accounts and Accounting equations Rules
B.1 Types of accounts-personal,
Impersonal accounts- Real accounts, Nominal accounts.
B.2 Rules for different accounts for passing entries.
B.4 Accounting equations Assets,
Liabilities, Revenue and capital
B.5 Brief: Explanation about IFRS
3. Source documents required for Accounting
3. 1 Meaning, contents and specimen.
3. 2 Voucher-internal, external voucher
3. 3 Petty cash and cash voucher
3. 4 Cash and Credit memo
3. 5 Receipt
3. 6 Debit and Credit note
3. 7 Pay-in-slip
3. 8 Withdrawal slip
3. 9 Cheque-Bearer, Order, Crossed, Account payee
3.10 Bank pass book, Bank Statement and Bank advice
4.1 Meaning, Importance and utility of Journal.
4.2 Specimen of Journal
4.3 Writing of Journal entries
5. Subsidiary Books
5.1 Meaning, need and specimen of different Subsidiary Books.
5.2 Simple Cash Book with cash column only
5.3 Cash Book with cash and bank columns
5.4 Analytical Petty Cash Book imprest system.
5.5 Purchase Book
5.6 Sales Book
5.7 Purchase Return Book
5.8 Sales Return Book
5.9 Bank Book
5.10 Journal Proper, Transactions of Discounts to be taken in Journal Proper
6.1 Meaning, need and contents of ledger be explained
6.2 Specimen of ledger
6.3 Posting of entries from Subsidiary books to ledger
6.4 Balancing of ledger accounts.
7. Bank Reconciliation Statement
7.1 Meaning, need and importance
7.2 Reasons for difference in bank balance as per cash book and balance as per bank pass book
7.3 Specimen of Bank Reconciliation Statement
7.4 Preparation of Bank Reconciliation Statement
8. Trial balance
8.1 Meaning and Purpose
8.2 Specimen of Trial Balance
8.3 Preparation of Trial Balance from given balances of accounts.
9. Errors and their rectification
9.1 Meaning and effects of errors.
9.2 Types of errors - Errors of principles, Errors of Ommission, Errors of commission and Compensating Errors.
9.3 Steps to locate errors
9.4 Errors affecting and not affecting Trial Balance
9.5 Treatment of balance of suspense account
9.6 Rectification entries
10. Depreciation, Provisions and Reserves
10.1 Depreciation : Meaning, Need and Factors affecting depreciation.
10.2 Methods of computation of Depreciation : Straight Line Method, Written Down Value Method (Excluding Change in
10.3 Accounting Treatment of Depreciation : By charging to asset account by creating Provision for depreciation / accumulated depreciation account.
10.4 Provisions and Reserves : Meaning, Objectives and Difference between provisions and Reserves.
10.5 Types of Reserves : Revenue Reserve, Capital Reserve, General
Reserve, Specific reserves, Secret reserves.
11. Financial statements of Proprietary concern
Financial Statements- Meaning, objective and Importance
11.1 Preparation of Trading Account
11.2 Preparation of Profit and Loss Account
11.3 Preparation of Balance Sheet
11.4 Effects of following adjustments only
a. Closing stock
c. Bad and Doubtful debts
d. Provision for discount on Debtors
e. Outstanding expenses
f. Prepaid expenses
g. Accrued income
h. Income received in advance
j. Goods distributed as free sample
12. Computer in Accounting
12.1 Introduction to Computer Accounting System :
Components of CAS, Features, Grouping of Accounts, using software of C.A.S.
12.2 Application of computer accounting Automation of accounting process,
designing accounting reports, data exchange with other information system.
1. A study of non-operating expenses of proprietory concern with examples and
2. A study of various policies of company as AS-2, AS-6 and AS-10 from annual report.
3. A comparative study of conventional and modern system of accounting.
4. Analytical study of all assets or documents in your family.
5. Collection of all types of documents used in the banks and office.
6. A report on organised exhibition on all source documents in your college.
7. Visit to any proprietory concern and preparation of journal of 8 days with the help of business transactions.
8. A record of different imaginery transactions for 10 days of a new business
with capital of 1,00,000, like Stationery shop / Newspaper stall / Medical store /
The above list of projects is given only as guidelines. Students are free to select any topic for project related to the syllabus