Mathematics & Accounting for Bankers

Paper Code: 
CBFS 101
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

The course will enable the students to gain a comprehensive knowledge of maintaining and recording transactions and analyzing the financial position of a business, to know the role of an accounting officer, etc.

Course Outcomes: 

 

 

Course

 

 

Learning outcome (at course level)

Learning  and Teaching Strategies

Assessment Strategies

Course Code

 

 

Course Title

 

CBFS 101

 

 

 

 

Mathematics & Accounting For Bankers

(Theory)

 
  1. Evaluate the concepts of simple and compound interest and apply them in calculating EMIs.
  2. Apply the concept to prepare  Journal Accounts.
  3. Analyze the technique in preparing Ledger accounts and Subsidiary book statements.
  4. Create final accounts and integrate the features of final accounts and their adjustments.
  5. Develop the skills to prepare Banking Financial Statements.
  6. Contributes effectively in course-specific interaction.

Approach in teaching: Blended Learning, Collaborative approach, Interactive Lectures, Discussion, Group Projects, PowerPoint presentation.

   

Learning activities for the students:

Self-learning assignments, Seminar presentations, Case Study Analysis, Brainstorming activities

 

Class tests, CA Test,

Semester end examinations, Quiz,

Evaluation of student Presentations,

 

Evaluation of Individual and group projects,

 

Assessment of Project Reports and viva voce.

 

12.00

Basics of Business Mathematics (12 Hours)
 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- (12 Hours)
 Accounting Principles: Concepts and Conventions,
 double entry system.
 Record-keeping basics, account categories, debit and credit concepts, journalizing, and Maintenance of cash/subsidiary books.

12.00

Ledger Posting and Trial Balance: ( 12 Hours)
 Ledger Posting- Preparation of accounts in the ledger.
 Trial Balance- Meaning, need, and importance, methods of preparing a trial balance.
Bank Reconciliation Statement-
 Need for reconciliation between cash book and bank passbook,
 Preparation of Bank reconciliation statement.

12.00

Final accounts- (12 Hours)
 Concept of capital, Revenue and Deferred Revenue Expenditure, and Adjustment entries. Manufacturing Account, Trading and Profit and Loss Account (With Adjustment) and Balance Sheet.

12.00

Banking, preparation and Presentation of Financial Statements of Banks, Collection of Bills of Exchanges of Customers, Discounting of Bills of Exchange of Customer, Rebate on Bills of Exchange Discounted, Classification of Assets

Essential Readings: 

ESSENTIAL READINGS:
• Gupta, R.L., &Gupta, V.K.Financial accounting. Sultan Chand and sons
• Mukharjee, A., &Hanif, M. Modern accountancy. TataMcGrawhill.
• Sehgal, A., &Sehgal, D.Fundamentals of financial accounting. TaxMan
• Jain, K. P. Financial accounting. Ajmera Book Company

References: 

SUGGESTED READINGS:
• Tulsian, P.C, Accountancy Tata Mc Graw Hill
• GoelD.K ,Goel R., Accountancy Arya Publications
• Maheshwari, S.N., An Introduction to AccountancyVikash Publishers
• Ghosh, T. P., Fundamental of Accounting,Sultan Chand& Sons

E RESOURCES:
• https://books.google.co.in/books?id=0yYrDwAAQBAJ&printsec=copyright&redi...
• https://icmai.in/upload/Students/Syllabus 2012/Study_Material_New/Inter Paper5 Revised.pdf

JOURNALS
• The Indian Journal of Commerce
• IUP Journal of Accounting Research
• The Chartered Accountant

Academic Year: 
2023-2024
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