1 Financial Accounting: Meaning, Nature and scope of Financial Accounting,
Accounting concepts & conventions, Business Transactions, Different types of
Vouchers, Analysis of Transactions, Recording in Journals and cash books, Posting
of Ledgers, Preparation of Trial balance, Preparation of Final Accounts ( Trading
Account, Profit & Loss A/C and Balance Sheet)
2 Cost Accounting: Introduction, Classification of Costs; Break-even Analysis;
Budgeting & Budgetary Control, Objectives, Advantages & Limitations of
Budgeting, Cash Budget, Flexible Budget, Master Budget, etc
3 Financial Management: Cost of Capital: Capital Budgeting, Working Capital
Management
4 Economics
Introduction: Definition of Economics- scope and nature of economic science-
Economic decision and technical decision- Economic efficiency and Technical
efficiency, Forms of business organization.
Capitalistic, Communist and mixed economics, Developing and developed
economics, Characteristics of Indian economy
Demand and revenue analysis: Meaning of demand, Determinants of demand,
Exception to the law of demand. Elasticity of demand- Meaning, Price Elasticity of
demand
Demand Forecasting: Basic concepts and tools used in Analysis of demand
forecasting for new demands, existing products and consumer products.
Cost and Production Analysis:
Cost concept: Classification of cost- Cost output relationship- Cost function and its
determinants, Estimation of Cost function, uses of Cost function.
Production: Meaning, Factors of production- Land, Labour, capital and organization.