INTER 1st YEAR COMMERCE SYLLABUS

 INTER 1st  YEAR COMMERCE SYLLABUS

BOARD OF INTERMEDIATE EDUCATION – A.P.

SYLLABUS

PART –A

COMMERCE – I Year

Unit – I Concept of Business

Business – Concepts and characteristics – Business. Profession and Employment
– Features – Objectives of Business: Economic & Social –Social Responsibility of Business
– Role of Profit in Business – Business Activists – Classification: Industry and commerce
– Types of industry: Primary, Secondary and tertiary – Commerce Trade and Auxiliaries
Business risks – Nature and causes

Unit – II Forms of Business organizations

Sole Proprietor: Joint Hindu undivided family, cooperative society, partnership –
Meaning, Types, Registration, Features, Merits, Limitations, and Types of partners
company – Types, Features, Merits and Limitations Choice of form of Business
Organizations – Starting a Business: Basic Factors

Unit – III Formation of Company

Promotion: Role of Promoter – Incorporation of a company: Important
Documents, Memorandum of Association, Articles of Association, Prospectus, Statement
in lieu of prospectus, Certificate of incorporation and certificate of commencement of
Business.

Unit – IV Sources of Business Finance

Business Finance: Nature and significance – Types of finance, Long Term,
Medium Term and short Term finance – Source of Finance: Owner’s Funds Vs Borrowed
Funds: Features, Merits and demerits – Different sources of finance: Equity and
preference Shares, Debentures, Public Deposits, Retained Profits, Loans from
Commercial Banks and Financial Institutions.

Unit – V Private, Public Enterprise and MNCs

Private Sector Vs Public Sector under takings – Needs, Features, Merits,
Demerits. Forms of Public Sector Enterprises – Departmental Undertaking, Statutory
corporation Government company; Multinational corporations Concepts, Meaning,
Features, Merits, Demerits.

BOARD OF INTERMEDIATE EDUCATION – A.P.

SYLLABUS

PART –B

ACCOUNTANCY – I Year

Unit – I Introduction

Book keeping, Accounting – Meaning, Advantages and Disadvantages –
Accounting Concepts and Conventions – Basic Accounting Terms
Double Entry Book Keeping system – Classification of Accounts – Journal and
Ledger.

Unit – II Subsidiary Books

Subsidiary Books – Cash Book – Simple, Two column, Triple Column and Petty
Cash Book – Journal Proper.

Unit – III Bank Reconciliation Statements

Bank Reconciliation Statement – Meaning, Importance and Reasons for the
differences between Cash Book and Pass Book Balances – Preparation of BRS
with Favorable & unfavorable Balances

Unit – IV Trial Balance and Rectification of Errors

Trial Balance – Meaning – Totals & Balances Methods Errors – Types: Errors
Disclosed by Trial Balance and Undisclosed Trial Balance: Rectification of Errors –
Suspense Account

Unit – V Final Accounts

Meaning, Importance, Manufacturing Account, Trading Account, Profit and Loss
Account, Balance Sheet – Adjustments

BOARD OF INTERMEDIATE EDUCATION – A.P

COMMERCE II YEAR SYLLABUS

w.e.f 2010-11

PART – A

Unit – 1 International Trade

International Trade: Types, procedures and formalities Export Processing Zones and Special

Economic Zones.

Unit – 2 Marketing Systems, Advertising and Consumerism

Marketing – Meaning Significance, Functions – Marketing Vs Selling – Channels of distribution:

Wholesalers and Retailers, Telemarketing

Adverting – Meaning Need – Types of advertising media and their Advantage and

Disadvantages – Positive and Negative effects of Advertising

Consumerism – Concept, Consumer movement in India – Consumer Protection – Consumer

Forums.

Unit – 3 Business Services

Business Services – Meaning, Types: Banking, Insurance, Transportation and Warehousing

Banking – Types of Banks, Commercial Banks, E-Banking

Insurance – Principles, Types – Life, Fire and Marine

Transport – Types, Merits and Demerits

Warehousing – Significance and types

Unit – 4 Stock Exchanges

Stock Exchanges – Meaning, significance and functions – Listing of securities – Trading

Mechanism – Stock Exchange Operators like Bulls, Bears, Stages, Jobbers and Brokers.

Unit – 5 Computer awareness

Computers – Introduction, Evolution, Role, Advantages and Disadvantages

Applications of Computers in Business

BOARD OF INTERMEDIATE EDUCATION – A.P

ACCOUNTANCY II YEAR SYLLABUS

w.e.f 2010-11

PART – B

Unit – 1 Bills of Exchange and Depreciation

Bills of Exchange – Meaning, Types (Excluding Accommodation Bills)

Depreciation – Meaning, Causes and Importance: Methods – Fixed Installment and Reducing

Balance Methods

Unit – 2 Consignment

Consignment – Meaning, Importance, Difference Terms

Problems on Calculation of Consignment Stock Value, Normal Loss including Proforma Invoice

Method.

Unit – 3 Accounts of Non – Trading Concerns

Non – Trading Concerns – Meaning – Capital Vs Revenue Expenditure – Preparation of Receipts

and Payments Account, Income and Expenditure Account and Balance Sheet.

Unit – 4 Accounts from Incomplete Records

Incomplete Records – Meaning, uses and limitations – Ascertainment of profit/loss by statement

of Affairs method

Unit – 5 Partnership Accounts

Partners Capital Accounts – Fixed and Fluctuating Capitals – Admission and Retirement of a

partner