Tamil Nadu HSE Second Year Commerce study plan
Tamil Nadu HSE Second Year Commerce · Give each week a clear focus.
8 weeks · About 6 hours per week
Accounting: Book-keeping, Journal, Ledger, Trial Balance, Final Accounts
Write the rules of double entry and classify 30 sample transactions into debit and credit entries without referring to notes
Prepare journal entries for 15 transactions covering compound entries, opening entries and closing entries, then post them to ledger accounts
Balance 10 ledger accounts and extract a trial balance that agrees, locating and correcting at least 3 deliberately planted errors
Explain the distinction between book-keeping and accounting and between capital and revenue expenditure in your own words
Your checkpoint
A handwritten 40-entry journal with corresponding ledger postings and an agreeing trial balance, plus a one-page error-correction log
Accounting: Book-keeping, Journal, Ledger, Trial Balance, Final Accounts
Prepare trading account, profit and loss account and balance sheet from a given trial balance with 8 adjustments including closing stock, outstanding expenses, prepaid expenses and depreciation
Compute gross profit and net profit ratios from your own final accounts and verify the arithmetic
Distinguish provisions from reserves and identify which adjustments affect the balance sheet only
Solve 5 final-accounts problems under time pressure at 20 minutes each
Your checkpoint
Three complete sets of final accounts with adjustment workings shown, self-marked against a checklist of common errors
Financial Statement Analysis and Ratio Analysis
Construct a comparative and common-size income statement and balance sheet from given data
Compute and interpret the current ratio, quick ratio, debt-equity ratio, gross profit ratio, net profit ratio, operating ratio, stock turnover and debtors turnover
Diagnose the liquidity and profitability position of a firm from a set of ratios and write a short interpretation
Identify the limitations of ratio analysis and situations where ratios mislead
Your checkpoint
A ratio-analysis worksheet computing 12 ratios for one firm with a 200-word interpretation of its strengths and weaknesses
Financial Management (Capital, Working Capital, Sources of Finance)
Distinguish fixed capital from working capital and list the factors determining working capital requirements
Explain the operating cycle and compute the working capital cycle for a given firm
Compare the sources of finance: equity shares, preference shares, debentures, retained earnings, trade credit, bank finance and public deposits, on cost, control, risk and repayment
Apply the concept of capital structure and leverage to decide an appropriate debt-equity mix for a small firm
Your checkpoint
A two-page financing plan for a hypothetical firm specifying its capital structure, working capital estimate and chosen sources with justification
Principles of Management & Business Environment and Business Organisation
State and explain the 14 principles of management of Henri Fayol and apply 5 of them to a school or shop you know
Compare the contributions of Taylor and Fayol and distinguish scientific management from general management
Explain the functions of management: planning, organising, staffing, directing and controlling, with one example each
Describe the internal and external components of the business environment and the impact of liberalisation, privatisation and globalisation on Indian business
Compare the forms of business organisation: sole proprietorship, partnership, joint stock company and co-operative society
Your checkpoint
A comparison table of the four forms of business organisation across liability, capital, control and continuity, plus a one-page note applying Fayol's principles to a real local business
Financial Markets and Institutions & Partnership Accounts and Company Accounts
Distinguish the money market from the capital market and identify the instruments traded in each
Explain the functions of SEBI, RBI and the primary market, and outline the process of a public issue
Describe the stock exchange, listing, and the difference between speculative and investment transactions
Prepare the profit and loss appropriation account for a partnership covering interest on capital, drawings, salary and commission
Record the admission, retirement and death of a partner including goodwill treatment and revaluation of assets and liabilities
Prepare the share capital section of a company balance sheet showing calls in arrears, calls in advance and forfeiture of shares
Your checkpoint
One solved partnership problem covering admission and retirement, and one company accounts problem covering share forfeiture and reissue, both fully worked
Cost Accounting and Costing Methods & Entrepreneurship and Small Business Management
Classify costs into material, labour and overhead and distinguish direct from indirect costs
Prepare a cost sheet showing prime cost, works cost, cost of production, cost of sales and profit
Compare job costing, process costing and contract costing and select the appropriate method for a given industry
Outline the steps in setting up a small business: idea generation, feasibility study, project report, finance and registration
Identify the role of the District Industries Centre, MSME registration and the support available to small enterprises
Your checkpoint
A one-page cost sheet for a manufactured product plus a one-page project outline for a small business idea with its funding sources
Commercial Law and Business Ethics & Marketing, Salesmanship and Consumer Protection
Explain the essentials of a valid contract: offer, acceptance, consideration, capacity, free consent and legality of object
Distinguish a contract of sale from an agreement to sell and state the rights of an unpaid seller
Apply the Consumer Protection Act to a given complaint, naming the appropriate forum and the relief available
Explain the marketing mix and the functions of salesmanship
Complete a full-length timed mock paper and review every wrong answer against the relevant chapter
Your checkpoint
A completed mock paper scored and corrected, with a written list of the five weakest topics and a revision schedule for the remaining days
Milestones
Week 2: Can prepare final accounts from a trial balance with at least six adjustments in under 40 minutes with no arithmetic errors
Week 4: Can compute 12 ratios and a working capital estimate from raw data in under 45 minutes and explain what each result means
Week 6: Scores at least 70 percent on a self-made 40-mark test covering management principles, business environment, financial markets, partnership and company accounts
Week 8: Scores at least 60 percent on a full-length timed mock paper and has corrected every error with a written reason