Advanced accounting

Paper Code: 
BCP-311
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
10.00
Unit I: 

Accounting Standards:

AS 7 : Construction Contracts

AS 9 : Revenue Recognition

AS 14: Accounting for Amalgamations

AS 18 : Related Party Disclosures

AS 19: Leases

AS 20 : Earnings Per Share

AS 24 : Discontinuing Operations

AS 26 : Intangible Assets

AS 29 : Provisions, Contingent Liabilities and Contingent Assets.

Application of Guidance Notes issued by the ICAI on specified accounting aspects.

 

 

25.00
Unit II: 

Valuation of goodwill

Company Accounts

Special Aspects of Company Accounts

(i) Accounting for employee stock option plan

(ii) Buy back of securities

(iii) Equity shares with differential rights

(iv) Underwriting of shares and debentures.

20.00
Unit III: 

Reorganization of Companies

(i) Accounting for Amalgamation (excluding inter-company holding) and reconstruction

 (ii) Accounting involved in liquidation of companies.

 

20.00

Financial Reporting of Banking, Financial Services and Insurance (BFSI)

(i) Insurance companies,

(ii) Banking companies and

(iii) Non-Banking Financial Companies

(iv) Mutual funds and regulatory requirements thereof.

 

15.00
Unit V: 

Consolidated Financial Statements

Concept of consolidation and simple problems on Consolidated Financial Statements with single subsidiary (excluding problems involving acquisition of Interest in Subsidiary at Different Dates; Different Reporting Dates; Disposal of a Subsidiary and Foreign Subsidiaries)

 

References: 
  1. Modern Accountancy-AMukharjee,  MHanif.  (Tata Mc- Graw-Hill)
  2. Advanced Accountancy-B.M Agarwal (Suchitra Publication)
  3. Study Material Published by Institute of Chartered Accountants of India
  4. Accountancy- PC Tulsian (Tata Mc- Graw-Hill)
  5. An Introduction to Accountancy- S.N Maheshwari(Vikash Publishers)
  6. Fundamental of Accounting-Dr T P Ghosh,(Sultan Chand& Sons)
  7. Financial Accounting-R.L Gupta, V.K Gupta( Sultan Chand& Sons)
  8. Scanner-Arun Kumar(Suchitra Prakashan (P) Ltd)
  9. Fundamentals of Financial Accounting- Dr Ashok Sehgal, Dr Deepak Sehgal (TaxMann’s)
  10. Scanner-Arun Kumar(Suchitra Prakashan (P) Ltd)

 

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: 
2018-2019
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