S-101

STAGE-1

FUNDAMENTALS OF FINANCIAL ACCOUNTING AND TAXATION

CORE READINGS

TITLE AUTHOR PUBLISHER

Frankwood Business Accountancy Frankwood Pearson Education Ltd, England

Accounting Principles Jerry. J John Willey & Sons. Inc., England
International Accounting Standards
IFRSs/IASs IASB
Board, London.

Accounting: The Basis for Business Decision Robert F. Meigs, Irwin McGraw-Hill, New York
Jan R. Williams,
Susan F. Hakar,
Mark S. Bettner
Jack L. Smith

Accounting Principles Jack L. Smith McGraw-Hill Company Inc.,

New York

Financial Accounting Fundamentals Professional Business Publications,

PBP
Lahore.

Federal Taxes in Pakistan Mirza Munawar Iqbal Brothers, Lahore.

Synopsis of Taxes in Pakistan Hussain

Prof. Dr. Khawaja Azim Academy,

Income Tax Law Plus Practical Problems
Amjad Saeed 21-Urdu Bazar, Lahore.
with Solutions

ADDITIONAL READINGS

An Introduction to Accountancy S.N. Maheshwari Vikas Publishing House,

New Delhi.
Advanced Accounting S.P. Jain Kalyani Publisher,
New Delhi.

1
 S-102
STAGE-1

BUSINESS ECONOMICS

CORE READINGS

TITLE AUTHOR PUBLISHER

Economics David Begg / Stanley Fischer & McGraw Hill Book Co.
Rudiger Dornbusch Europe Shoppenhanaers Road,
Maidenhead, Berkshire SL6 2QL,
England.

Economics Paul A. Samuelson and William McGraw-Hill Companies, Inc.

D. Nordhaus 1221 Avenue of the Americas,
New York, NY 10020.

Economics Campbell R. McConnell/Stanley McGraw-Hill, Co. Inc.,

L. Brue Princeton Road, S-1 Hightslown,
NJ 08520, New York.

Economics for Business PBP Professional Business Publications,

Lahore.

Economy of Pakistan Prof. Dr. Khawaja Amjad Saeed Distributed by Oxford University
Press, Karachi.

Pakistan Economic Survey Finance Division, Economic Government of Pakistan.

(Latest) Advisor Wing

Economy of Pakistan 2004-2005 Saeed Nasir and Kamal Haider -----

ADDITIONAL READINGS

TITLE AUTHOR PUBLISHER

Pakistan: Economic and Social Prof. Dr. Khawaja Amjad Saeed Institute of Business Management,
Statistics G.P.O. Box No. 1164, Lahore.

Micro Economics 4th Edition David N. Hyman McGraw-Hill, Co. Inc.,

Princeton Road,
S-1 Hightslown, NJ 08520,
New York.

Macro Economics 4th Edition David N. Hyman McGraw-Hill, Co. Inc.,

Princeton Road, S-1 Hightslown,
NJ 08520, New York.

Modern Economic Theory Kewal Krishan Dewett/Adarsh Shyam Lal Charitable Trust,
Chand Ram Nagar,
New Delhi-11055.

Issues in Pakistan’s Economy S. A. Zaidi Oxford University Press,

Karachi.

2
 S-103

STAGE-1

BUSINESS LAWS

CORE READINGS

TITLE AUTHOR PUBLISHER

Vikas Publishing House,
Business Law M.C. Kuchhul
New Delhi.
(A Manual of) Mercantile Law M. C. Shukla S. Chand & Co., Ram Nagar,
New Delhi 110055, India.
Bare Acts Govt. of Pakistan Publications Division,
Govt. of Pakistan.
Mercantile Law Luqman Baig Ghanzanfar Academy Pakistan,
30, Urdu Bazar Karachi
Mercantile and Industrial Laws in Pakistan Prof. Dr. Khawaja Institute of Business Management,
Amjad Saeed G.P.O. Box No. 1164, Lahore.

Labour Code M. Shafi / P. Shafi Bureau of Labour Publications,

8, Business Centre,
Mumtaz Hasan Road,
P.O. Box 5833, Karachi – 74000.

ADDITIONAL READINGS

Elements of Mercantile Law N.D. Kapoor Sultan Chand & Sons,

New Delhi.
Mercantile Law and Industrial Law Q. A. Wadud Sun-rise Publishing Qazi Villa,
A/17-2-B, National Cement,
Housing Society,
Rashid Minhas, Road,
Gulshan-e-Iqbal Karachi 75300.

3
 S-104

STAGE-1

BUSINESS ENGLISH

CORE READINGS

TITLE AUTHOR PUBLISHER

Mastering English Grammar S. H. Burton Macmillan Education Ltd.,
Houndmills, Basingstoke,
Hampshire RG21 2XS and London.

Understanding and Using English Grammar Betty Schramfer Pearson Longman ESL
Azar St. Laurent, Quebec
Canada - H4S 1R3

English for Business Studies 3rd Edition L. Gartside Pitman Publishing Ltd.,
128, Long Acre, London
WC2E 9AN U.K.
Language Three & Four Sadler Hayllar Macmillan Education,
Powell 627 Chapel Street,
South Yarra,
Victoria 3141.

ADDITIONAL READINGS

A Quick English Reference J.S. Hooper Oxford University Press, Karachi.

High School English Grammar and P.C. Wren / H. S. Chand & Company Ltd 7361,
Composition Martin Ram Nagar, New Delhi - 110055

Note: Teachers and students are encouraged to use authentic materials from newspapers,
magazines and electronic media to develop reading, writing, listening and speaking skills.

4
 S-201

STAGE-2
FUNDAMENTALS OF COST AND MANAGEMENT ACCOUNTING

CORE READINGS

TITLE AUTHOR PUBLISHER

Cost Accounting F. Usry, H. Hammer & South Western Publishing Co.,

Adolph Matz Cincinnaci, Ohio, U.S.A.

Management and Cost Colin Drury Thomson Learning,

Accounting High Holborn Ouse,
50-51 Bedford Row,
London

Cost Accounting T. Lucy DP Publications,

Aldyne Place,
142-144 Uxbridge Road,
Shepherds Bush Green,
London W12 8AW.

Cost Accounting Charles T. Horngren, Srikant Prentice Hall of India,

M. Datar New Delhi.
George Foster

Management Accounting PBP Professional Business Publications,

Fundamentals Lahore.

ADDITIONAL READING

Cost & Managerial Accounting Jack Gray & Don Ricketts McGraw-Hill Company Inc.,
Princeton Road,
S-1 Hightslown, NJ08520,
New York.

5
 S-202

STAGE-2

MANAGEMENT AND MARKETING

CORE READINGS

TITLE AUTHOR PUBLISHER

Strategic Management John Thompson CIMA London.
10th Edition
Management Stephen P. Robins and Prentice Hall International Inc.,
6th Edition Mary Coulter New York.
Principles of Marketing Philip Kotler and Gary Prentice Hall International Inc.,
8th Edition Armstrong New York.
Strategic Management Fred R. David Prentice Hall International Inc.,
7th Edition New York.
Organisational Management and PBP Professional Business Publications,
Information Systems Suite # 3, 5 Third Floor,
Taj Arcade, 73-Jail Road,
Lahore.

ADDITIONAL READINGS

HR. Management Manual _ Penguin Books, New Delhi, India.

(Managers Pocket Guide Series)
HRM/HRD: Personnel Prof. Dr. Khawaja Amjad Institute of Business Management,
Management Saeed G.P.O. Box No. 1164,
Lahore.
Management: Text & Cases Prof. Dr. Khawaja Amjad Institute of Business Management,
Saeed G.P.O. Box No. 1164,
Lahore.
Marketing Cases Prof. Dr. Khawaja Amjad Institute of Business Management,
Saeed G.P.O. Box No. 1164,
Lahore.

6
 S-203

STAGE-2

BUSINESS MATHEMATICS & STATISTICS

CORE READINGS

TITLE AUTHOR PUBLISHER

Quantitative Techniques T. Lucy DP. Publications Ltd.,

Aldine place,
142-144 Uxbridge Road Shepherds Bush,
Green, London W12 8AW.

Introduction to Statistics Ronald E. Walpole Macmillan Publishing Co. Inc.

New York.

Applied Mathematics for Business, Frank S. Budnick McGraw-Hill Company Inc.,

Economics & the Social Sciences. Princeton Road, S-1 Hightslown,
NJ08520, New York.

Business Mathematics PBP Professional Business Publications,

Lahore.

ADDITIONAL READING

Business Mathematics Mirza Muhammad Farooq Kitab Ghar,

Hassan & 32-33 Urdu Bazar,
Muhammad Ali Mirza Karachi.

7
 S-204

STAGE-2

INTRODUCTION TO INFORMATION TECHNOLOGY

CORE READINGS

TITLE AUTHOR PUBLISHER

Computer Fundamentals (Concepts, Pradeep K.Sinha Professional Business Publication

Systems & Applications) Priti Sinha Suite # 3, 5 Third Floor,
Taj Arcade
73-Jail Road, Lahore

Computer, 8/E H.L Capron Prentice Hall International Inc.

A Complete book on Information Dr. Rajesh Trehan Cyber tech (CCT)

Technology
MS Office 2000 Gini Courter Sybex
Annette Marquis

ADDITIONAL READINGS

TITLE AUTHOR PUBLISHER

Network Security (Second Edition) Chris Brenton Sybex

Camreon Hunt

CISA Manual CISA Information Systems Audit and

Control Associations, Inc., 3701
Algonquin Road,
Suite 1010
Rolling Meadows, Illinois,
60008 USA.

8
 S-301
STAGE-3

FINANCIAL ACCOUNTING

CORE READINGS

TITLE AUTHOR PUBLISHER

Frank Wood’s Business Accounting Frank Wood/Alan Sangster Pearson Education Ltd,
England.

International Financial Reporting International Accounting International Accounting,

Standards (IFRSs/IASs) Standards Board Standards Board, 30 Cannon
Street London EC4M 6XH,
United Kingdom.

Financial Accounting and Tax PBP Professional Business

Principles Publications,
Lahore.

An Introduction to Accountancy S.N.Maheshwari/S.K Vikas Publishing House,

Maheshwari (Pvt) Ltd.,
576, Masjid Road, Jangpura,
New Delhi.

Advanced Accountancy R. L. Gupta Sultan Chand & Sons,

Publishers 23, Daryaganj,
New Delhi.

ADDITIONAL READING

Accounting: The Basis for Business Robert F. Meigs / Walter B. McGraw-Hill Publishing
Decisions Meigs Company Inc.,
New York.

9
 S-302

STAGE-3

INFORMATION SYSTEMS AND IT AUDIT

CORE READINGS

TITLE AUTHOR PUBLISHER

Information Systems: The Steven Alter Prentice Hall International Inc.,
Foundation of E-Business,
4/Edition

Decision Modelling with Jeffrey H. Moore, Stanford University of Wyoming,

Microsoft Excel, 6/Edition University Prentice Hall.
Larry R. Weatherford

CISA Review Manual CISA Information Systems Audit and

Control Associations, Inc., 3704
Algonquin Road,
Suite 1010 Rolling Meaduals,
Illinois 60008, USA.

Spreadsheet/MS Excel Package Microsoft Corporation Microsoft Corporation,

New York.
International Federation of
IFAC Guidelines on IT ______ Accountants,
545, Fifth Avenue, 14th Floor,
New York, NY 10017.

ADDITIONAL READINGS

Introduction to Information James O’ Brien McGraw Hill, Irwin, New York.

System
Practical IT Auditing James R. Hickman Warren Gorham & Lamont RIA
Group,
117 East Stenens avenue Vahalla,
New York 10595.
Information Technology for Prof. Dr. Khawaja Amjad Institute of Business
Business Executives Saeed Management, G.P.O.
Box No. 1164, Lahore.

Principles of Auditing Prof. Dr. Khawaja Amjad Institute of Business

Saeed Management,
G.P.O. Box No. 1164, Lahore.

10
 S-303
STAGE-3

COST AND MANAGEMENT ACCOUNTING – PERFORMANCE APPRAISAL

CORE READINGS

TITLE AUTHOR PUBLISHER

Cost & Managerial Accounting Jack Gray & Don McGraw-Hill Company Inc.,
Ricketts Princeton Road,
S-1 Hightslown,
NJ08520, New York.

Managerial Accounting Ray H. Garrison & South Western Publishing Co.

Eric W. Noreen USA

Management and Cost Accounting Colin Drury Thomson Learning,

High Holborn Ouse,
50-51 Bedford Row,
London
Cost Accounting Adolph Matz / Milton South Western Publishing Co.,
F. Usry Cincinnati, Ohio,
U.S.A.
Management Accounting Performance PBP Professional Business
Evaluation Publications,
Lahore.

ADDITIONAL READING

Cost Accounting Charles T. Horngren / Prentice Hall of India (Pvt) Ltd.,

A Managerial Emphasis George Foster & Srikant New Delhi 110001,
M. Datar India.

11
 S-304
STAGE-3

PRESENTATION AND COMMUNICATION SKILLS

CORE READING

TITLE AUTHOR PUBLISHER

Excellence in Business Join V Thill Courtland L Prentice-Hall International Inc.

Communication Bove’s Upper Saddle River
New Jersey
Model Business Letters L. Gartside Financial Times Prentice Hall
Pearson Professional Education

ADDITIONAL READING

Communication for Business (A Shirley Taylor Pitman Publishing

Practical Approach) 128 Long Acre,
London WC2E 9AN

Effective Business Communication Herta A. Murphy / McGraw-Hill Company Inc.

Herbert W. Hildebranot Princeton Road
& Jane P. Thomas S-I Hightslown,
NJ08520, New York.

12
 S-401
STAGE-4

ADVANCED FINANCIAL ACCOUNTING AND ANALYSIS

CORE READINGS

TITLE AUTHOR PUBLISHER

Intermediate Accounting Donald E. Kieso / Jerry J. John Willey & Sons. Inc., England.
Weygandt & Terry D.
Warfield

Modern Advanced Accounting E. John Larsen McGraw-Hill Company Inc.,

New York.
Financial Analysis PBP Professional Business Publications,
Lahore.

An Introduction to Accountancy S.N. Maheshwari / S. K. Vikas Publishing House, Pvt. Ltd.,

Maheshwari 576, Masjid Road, Jangpura,
New Delhi.
Companies Ordinance 1984 Govt. of Pakistan. P.L.D. Publishers Lahore.

International Financial Reporting International Accounting International Accounting Standards,

Standards / IASs Standards Board Board, 30 Cannon Street, London,
EC4M 6XH United Kingdom.

Advanced Accountancy R. L. Gupta Sultan Chand & Sons Publishers,

23, Daryaganj, New Delhi.

ADDITIONAL READINGS

Reading in Financial Analysis Qaisar Mufti Royal Book Co., Karachi .

Advanced Accountancy S.P. Jain / K. L. Narang
Kalyani Publishing, New Delhi,
Ludhiana.
Advanced Accounting Harry Simons / Wilbert South Western,
E. Karrenbrock Publishing Company N. Y.

13
 S-402
STAGE-4

INTEGRATED MANAGEMENT

CORE READINGS

TITLE AUTHOR PUBLISHER

Strategic Management Leslie W. Rue McGraw-Hill,

Phyllis G. Holland New York.

Organisational Behaviour Fred Luthans McGraw-Hill, Irwin,

New York.

Organisational Behaviour Greory Moorhead Houghton Mifflin Company,

Ricky W.Griffin USA

Integrated Management PBP Professional Business

Publications,
Lahore.

PMBOK (Project Management Body Project Management Project Management Institute.

of Knowledge) 1998 edition Institute

Microsoft Project 98 (Software) Microsoft Microsoft Inc. USA.

ADDITIONAL READING
Management James A.F. Stoner, Prentice-Hall of India,
A. Edward Freeman and New Delhi.
Daniel A. Gilbert, Jr.

14
 S-403
STAGE-4

CORPORATE LAWS AND SECRETARIAL PRACTICES

CORE READINGS

TITLE AUTHOR PUBLISHER

Company Law & Secretarial Prof. Dr. Khawaja Amjad Institute of Business Management,
Practice in Pakistan Saeed G.P.O. Box No. 1164,
Lahore.

Practical Approach to Nazir Ahmed Shaheen Federal Law House,

Companies Ordinance 1984 H/136 Muree Road,
Committee Chowk, Rawalpindi.

Company Secretarial Practice Q. A. Wadud Royal Book Company,

232, Saddar Cooperative Market,
Abdullah Haroon Road,
P.O. Box No. 7737,
Karachi-74400.

Secretarial Practice D. P. Jain Konark Publishers Pvt. Ltd.

Bare Acts ____ Govt. of Pakistan Publishers,

Karachi

ADDITIONAL READING

Manual of Corporate Governance SECP SECP, Islamabad.

15
 S-501
STAGE-5

MANAGEMENT ACCOUNTING-DECISION MAKING

CORE READINGS

TITLE AUTHOR PUBLISHER

Managerial Accounting Ray H. Garrison & Eric W. South Western Publishing Co.
Noreen USA

Managerial Accounting T. Lucy DP Publications Ltd.

Aldine place, 142-144, Uxbridge
Road, Shepherds, Bush Green,
London W12 8AW.

Managerial Accounting Ronald W. Hilton Mc-Graw-Hill Companies Inc.

Princeton Road,
S-1 Hightslown,
NJ08520, New York.

Management Accounting PBP Professional Business

Decision-Making Publications,
Lahore.

Introduction to Management Charls T. Horngren, Gary L. Prentice-Hall of India Pvt. Ltd.,

Accounting Sundem & William O. Stratton New Delhi-110001.

Handbook of Management Roger Cowe Gower Publishing Co. Ltd.,

Accounting Aldershot, England.

ADDITIONAL READINGS

Managerial Accounting Lane K. Anderson, Harold South Western Publishing Co.

M. Sollenberger

Cost Accounting-A Managerial Charles T. Horngren, George Prentice-Hall of India Pvt. Ltd.,
Emphasis Foster & Srikant M. Datar New Delhi-110001.

16
 S-502
STAGE-5

RISK MANAGEMENT AND AUDIT

CORE READINGS

TITLE AUTHOR PUBLISHER

Principles of Auditing Prof. Dr. Khawaja Amjad Institute of Business Management,

Saeed G.P.O. Box No. 1164, Lahore.

Advanced Auditing Prof. Dr. Khawaja Amjad Institute of Business Management,

Saeed G.P.O. Box No. 1164, Lahore.

International Federation of
International Standards on Auditing ______ Accountants,
545, Fifth Avenue, 14th Floor,
New York, NY 10017.

Business Risk Assessment David McNamee The Institute of Internal Auditors

USA.

ADDITIONAL READINGS

De Paula’s Auditing Frank A. Attwood & Pitman Publishing,

Neil D. Stein 128 Long Acre,
London WC2E 9AN.

Spicer & Peglar’s Practical Spicer and Peglar Butterworth & Co. Ltd.
Auditing 88 Kingsway,
London WC2B 6AB.

Risk Management Michel Crouhy, Mc-Graw-Hill

Robert Mark,
Dan Galai
Cost Audit Rules ____ Govt. of Pakistan.

Corporate Governance Arya, Tandan and Deep and Deep Publications,

Vaslisht Rajouri Garden, New Delhi 110027.
Corporate Governance Prof. Dr. Khawaja Amjad Institute of Business Management,
Saeed G.P.O. Box No. 1164, Lahore.

17
 S-503
STAGE-5

BUSINESS TAXATION

CORE READINGS

TITLE AUTHOR PUBLISHER

Complete Income Tax Law Sheikh Asif Salam S. A. Salam Publications, Lahore.
(Latest Edition)

Introduction to Income Tax Huzaima Bukhari & Lahore Law Publications.

Ordinance, 2001 & Income Dr. Ikramul Haq
Tax Rules, 2002

Sales Tax, 1990 Tariq Najeeb Choudhry Tariq Najeeb Corporation, Lahore.

Central Excise Act 1944 and Tariq Najeeb Choudhry Tariq Najeeb Corporation, Lahore.
Rules

Customs Act, 1969 __ Government of Pakistan.

Income Tax Law plus Prof. Dr. Khawaja Amjad Saeed Azim Academy,
Practical Problems with 21-Urdu Bazar, Lahore.
Solution

Synopsis of Taxes in Pakistan Mirza Munawar Hussain Iqbal Brothers, Lahore.

18
 S-601
STAGE-6

STRATEGIC FINANCIAL MANAGEMENT

CORE READINGS

TITLE AUTHOR PUBLISHER

Financial Management and Policy James C. Van Horne Prentice Hall of India Pvt. Ltd.,
New Delhi 110001.

Financial Management I.M. Pandey Vikas Publishing House, (Pvt)

Ltd.,
576, Masjid Road, Jangpura,
New Delhi.

Management Accounting Financial PBP Professional Business

Strategy Publications,
Lahore.

Financial Management Eugene F. Brigham and South Western,

Theory and Practice Michael C. Ehrhardt United Kingdom.

ADDITIONAL READING

Financial Management M.Y Khan and P.K Jain Tata Mc-Graw-Hill Publishing
Co.Ltd.,
4/12 Asif Ali Road New Delhi.

19
 S-602
STAGE-6

FINANCIAL REPORTING

CORE READINGS

TITLE AUTHOR PUBLISHER

International Financial ___ International Accounting Standards

Reporting Standards Board,
(IFRSs/IASs) 166 Fleet Street,
EC4A 2DY, London.

Modern Advanced E. John Larsen Mc-Graw-Hill Companies Inc.,

Accounting Princeton Road,
S-1 Hightslown,
NJ08520, New York.

Disclosure Requirements Govt. of Pakistan

and (Revised) Fourth &
Fifth Schedules of
Companies Ordinance, 1984

Companies Ordinance 1984

and Article of Association Govt. of Pakistan

Relevant Sections of Income

Tax Ordinance, 2001 Govt. of Pakistan

Relevant Sections of
Banking Companies Govt. of Pakistan
Ordinance, 1962

Prospectuses for Allotment

of Shares & Securities of
Companies

Annual Reports of the

listed companies

Periodic Reports of
Companies

20
 S-603
STAGE-6

MANAGEMENT ACCOUNTING - BUSINESS STRATEGY

CORE READINGS

TITLE AUTHOR PUBLISHER

Managerial Accounting Ray H. Garrison & Eric South Western Publishing Co.
W. Noreen USA

Management and Cost Accounting Colin Drury Thomson Learning,

High Holborn Ouse,
50-51 Bedford Row,
London
Advanced Cost Accounting T. Lucy DP Publications Ltd.
Aldine place, 142-144, Uxbridge
Road, Shepherds, Bush Green,
W12 8AW London.
Management Accounting PBP Professional Business Publications,
Business Strategy Suite # 3, 5 Third Floor, Taj Arcade
73-Jail Road
Lahore
Introduction to Management Charles T. Horngren, Prentice-Hall of India Pvt. Ltd.,
Accounting Gary L. Sundem & New Delhi-110001.
William O. Stratton
Cost Accounting – Managerial Charles T. Horngren / Prentice Hall of India (Pvt) Ltd.
Emphasis George Foster & New Delhi 110001,
Srikant M. Datar India.

ADDITIONAL READING

Cost Accounting Adolph Matz / Milton South Western Publishing Co.,

F. Usry Cincinnati, Ohio,
U.S.A.

21
Code Stage-1
S-101 Fundamentals of Financial Accounting and Taxation
S-102 Business Economics
S-103 Business Laws
S-104 Business English

Stage-2
S-201 Fundamentals of Cost and Management Accounting
S-202 Management and Marketing
S-203 Business Mathematics & Statistics
S-204 Introduction to Information Technology

Stage-3
S-301 Financial Accounting
S-302 Information Systems and I.T. Audit
S-303 Cost and Management Accounting – Performance Appraisal
S-304 Presentation & Communication Skills

Stage-4
S-401 Advanced Financial Accounting and Analysis
S-402 Integrated Management
S-403 Corporate Laws and Secretarial Practices

Stage-5
S-501 Management Accounting - Decision Making
S-502 Risk Management and Audit
S-503 Business Taxation

Stage-6
S-601 Strategic Financial Management
S-602 Financial Reporting
S-603 Management Accounting - Business Strategy

22