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Admissions

It is a University which is committed to excellence and overall development of the student and one where talent is nurtured and honed in the best possible manner. Come, be a part of our never-ending journey of accomplishments and accolades.

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Excellent education not only imparts knowledge, but also paves the way for a promising and successful career. The Placement Cell at The IIS University has numerous success stories to narrate in this regard...

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To stimulate curiosity and cater to the global needs of a dynamic education, The IIS University - since inception - has been promoting and encouraging research-based experiential learning among all its students.

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MATHEMATICS & ACCOUNTING FOR BANKERS | Financial Studies

MATHEMATICS & ACCOUNTING FOR BANKERS

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Paper Code: 
BIE 331
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
12.00

Basics of Business Mathematics

Basics of Business mathematics- Calculation of simple Interest and compound Interest, Fixed and Floating rates of interest, Calculation of EMIs, Calculation of front end and back end interest.

 

12.00

Basic accounting procedure- Accounting Principles: Concepts and Conventions, double entry system. Record Keeping basics, account categories, debit and credit concepts, journalizing, Maintenance of cash/subsidiary books.

12.00

Ledger Posting and Trial Balance:  Ledger Posting- Preparation of accounts in ledger. Trial Balance- Meaning, need and importance, methods of preparing trial balance, Depreciation- Meaning, Need of charging depreciation, Methods- Straight line and WDV.

 

12.00

Bank Reconciliation Statement- Need for reconciliation between cash book and bank pass book, Problem relating to the preparation of Bank reconciliation statement. Bills of Exchange- Bills receivable and bills payable, Acceptance and Endorsement, Discounting, Retiring under a rebate, Dishonour and Renewal of bills.

 

12.00

Final accounts- Concept of capital, Revenue and Deferred Revenue Expenditure, Adjustment entries. Manufacturing Account, Trading and Profit and Loss Account (With Adjustment) and Balance Sheet.

Essential Readings: 
  • Maheswari.S.N, An Introduction to Accountancy, Vikas Publishers, New Delhi
  • Mukherjee A and Hanif M, Modern Accountancy, Tata Mc Graw Hill, New Delhi, Vol I
  • Seghal, Ashok and Seghal Deepak, Fundamentals of financial accounting, Taxmann Allied Services, New Delhi
  • Jain Khandelwal and Pareek, Financial Accounting, Ajmera Book Company, Jaipur
  • Sancheti D C and Kapoor V K, Business Mathematics, Sultan chand and sons, New Delhi

 

References: 

SUGGESTED READINGS:

  • Ghosh, T. P. Fundamentals of Accounting. Sultan Chand & Sons.
  • Goel, D. K., & Goel, R. Accountancy. Arya Publications.
  • Maheshwari, S. N. An Introduction to Accountancy. Vikash Publishers.
  • Tulsian, P. C. Accountancy. Tata Mc Graw Hill.
  • Singh J K , Business Mathematics, Himalaya Publishing House, New Delhi

e- RESOURCES:

JOURNALS:

Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless

 

Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless

 

Academic Year: