contents of business accounting quantification of business accounting

1. BBA Semester-I Subject: Business Accounting
Course Code Course Title
BBABA2CR2 Core Discipline
Total Credits Theory Practical/Internal/External
4+2 04 02
Total Hours 90
COURSE
SPECIFIC
OBJECTIVES
The course aims to provide exposure to the basics of the subject at
elementary level. The course is set in such a way that it can also be used by
those students who have not passed their higher secondary examination with
Accountancy as one of the subjects. The syllabus provides conceptual
knowledge and understanding of various principles, concepts and systems of
Accounting and their practical application in different sets of business
ventures.
COURSE
SPECIFIC
OUTCOME
By the end of the course students shall be able to differentiate between
business and non business transactions. The students shall be able to apply
various financial concepts, methods and techniques to solve various
business problems related to various business ventures and take appropriate
decisions.
UNIT-1st
Introduction to Financial Accounting.
CREDITS TEACHING
HOURS
NO. OF
LECTURERS
01 15 23
Title of Lecture
Title of Lecture
Accounting as a Information System. Importance, Scope and limitation. Users of
accounting information
05
Generally accepted accounting principles. The accounting equation. Nature of
accounts and rules of debit and credit.
05
Recording transactions in general journal. 03
Recording transaction in three column cash book. 03
An overview of subsidiary books - purchase book, purchase returns book, sales
book and sales return book
03
Preparation of ledger accounts 04

2. UNIT-2nd
Introduction of International Financial
Reporting Standards ( IFRS).
CREDITS TEACHING
HOURS
NO. OF
LECTURERS
01 15 22
Title of Lecture
Understanding accounting standards issued by the ICIA related to disclosure of
accounting policies
05
Depreciation accounting and revenue accounting. Methods of charging
depreciation - straight line method and written down value method.
05
Preparation of trial balance. Adjustment entries. Post adjusted trial balance. 06
Bank reconciliation statement. 06
UNIT-3rd
Preparation of Financial Statements
CREDITS TEACHING
HOURS
NO. OF
LECTURERS
01 15 23
Title of Lecture
Introduction of Final Accounts. 01
Proforma of Trading Account, Profit & Loss Account and Balance Sheet for sole
proprietor (Horizontal and Vertical).
04
a. Numerical problems on preparation of trading account, profit & loss account and
balance sheet for sole proprietor.
07
Understanding contents of financial statement of joint stock company as per
companies act 2013.
03
Understanding the contents of corporate annual report. 02
Preparations of cash flow statement as per AS-3 ( revised) 06
UNIT-4th
Analyzing Financial Statement
CREDITS TEACHING
HOURS
NO. OF
LECTURERS
01 15 23
Title of Lecture
Introduction and objectives of financial statements 03
Sources of information; standards of comparison; techniques of financial statement
analysis -Horizontal Analysis, Vertical analysis.
05
Introduction to Ratio Analysis. 01
Meaning, usefulness and interpretation of financial Ratios. 04
Analysis of financial ratio from the perspective of different stakeholders like
Investors, Lenders and short term creditors.
05
Analysis of ; Profitability Ratios, Solvency Ratios, liquidity Ratios, and Turnover
Ratios, Limitation of Ratio analysis
05
Internal assessment CREDITS TEACHING
HOURS
02 30 44
1 Preparation of purchase book, purchase returns book, sales book and
sales return book. Opening and closing entries. Preparation of ledger
06

3. accounts
2 Additional Problems on preparation of trial balance 06
3 Additional Problems on preparation of final accounts (without
adjustments).
08
4 Additional Problems on preparation of final accounts (with adjustments). 05
5 Additional Numerical problems on various methods of depreciation. 03
6 Additional Problems on bank reconciliation 06
7 Case studies on ratio analysis 10