Financial Accounting

Paper Code: 
ATG 116
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To develop the knowledge of the students regarding financial and managerial decisions in business organization

9.00
Unit I: 
Issues in Partnership Accounts

Final accounts of partnership firms

Admission of a Partner

9.00

Retirement and Death of Partner including treatment of goodwill

 

9.00

Dissolution of Partnership Firms including piecemeal distribution of assets, Amalgamation of partnership firms, Conversion into a company and sale to a company

9.00
Unit IV: 
Bank Reconciliation Statement:

Meaning, Causes of difference between Bank Book Balance and Balance as per Bank Pass Book / Bank Statement; Need of Bank Reconciliation Statement; Procedure for preparation of Bank Reconciliation Statement

Depreciation Accounting: Methods, computation and accounting treatment of Depreciation; Change in depreciation methods

9.00

Preparation of Corporate Financial Statements; Schedule 6 of Companies Act, 1956. Introduction to IFRS, Carbon Credit Accounting and Green Accounting

Essential Readings: 

1. An Introduction to Accountancy- S.N Maheshwari (Vikash Publishers)

2. Fundamental of Accounting-Dr T P Ghosh,(Sultan Chand& Sons)

3. Financial Accounting-R.L Gupta, V.K Gupta( Sultan Chand& Sons)

4. Book-Keeping and Accountancy-Jain, Khandelwal and Pareek (Ajmera Book Depot)

 

References: 
  1. Accountancy- PC Tulsian (Tata Mc- Graw-Hill)
  2. Partnership and Corporation Accounting – J. Carrillo (Rex Bookstore, Inc)

 

Academic Year: 
2014-2015
  • Printer-friendly version
  • PDF version