Higher Accounting

Paper Code: 
ATG 417
Credits: 
3
Contact Hours: 
45.00
Objective: 

The objective this course is to gain expert knowledge of principle and procedure of advance accounting and their application in different practical situations.

9.00

Accounting for Holding Companies-Consolidated Financial Statements including inter company transactions and investments.

7.00

Double Accounts System Including Electricity Supply Companies: Introduction, Double Account System, Final Account of Electricity Supply Companies, Accounting for Replacement, Calculation of Disposal of Surplus of Electricity Companies
Value Added Accounting-Concept and Technique, Economic Value Added, Market Value Added

6.00

Human Resources Accounting-Concept and Methods
Accounting for Price Level Changes: Meaning, Significance and Limitation, Various approaches and methods of accounting under changing price levels

7.00

Corporate Reporting and Information Disclosures: Concept of adequate disclosures, Methods of Disclosures, Indian Company Law and Disclosure Practice, Reporting for Investor and Employees. Social Responsibility Accounts.

16.00

Accounting Standards- Accounting Standards and Guidance Notes on Various Accounting Aspects issued by the ICAI and Advanced Problems thereon

Essential Readings: 

1. Advance Accountancy: Jain, Khandelwal, Pareek
2. Advanced Accounts:R. L Gupta & R Radhaswamy( S.Chand& Sons)
3. Corporate Accounting-S.N Maheshwari and S.K Maheshwari(Vikash Publishing House Pvt Ltd)

References: 

1. Modern Accountancy- A Mukharjee& M Hanif (Tata Mc Graw Hill)
2. Accounting Theory-L.S Porwal(Tata,Mc Graw Hill)
3. Advanced Accounts-Shukla, Grewal, Gupta(S.Chand)
4. Advanced Accountancy-S.N Maheshwari(Vikas Publishing House Pvt Ltd)

Academic Year: