NEP Syllabus II Sem B.Com Regular
NEP syllabus for 2nd Sem B.com(Regular) 2021 Name of the Programme: Bachelor of Commerce (B.Com.) Course Code: B.Com. 2.1 (DSC ) Advanced Financial Accounting Syllabus Module No. 1: Insurance Claims for Loss of Stock and Loss of Profit (10 Hrs.) Meaning of fire claim - Features and Principles of Fire Insurance. Concept of Loss of Stock - Loss of Profit and Average Clause. Computation of Claim for loss of stock (including Over valuation and Under Valuation of Stock, Abnormal Items) and application of Average Clause. Module No. 2: Departmental Accounts (12 Hrs.) Meaning - Advantages - Disadvantages. Method of departmental accounting. Basis of allocation of common expenditure among various departments. Types of departments and inter-department transfers at cost price and invoice price (Theory and proforma journal entries). Preparation Departmental Trading and Profit and Loss Account including inter departmental transfers at Cost Price only. M...