Higher Accounting

Paper Code: 
ATG 417
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

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

 

10.00

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

10.00

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

10.00

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

8.00

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.

7.00

Value Added Accounting-Concept and Technique, Economic Value Added, Market Value Added, Practical approaches of Value added accounting.

 Social Accounting: Assumptions, Methods and techniques.

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)

 

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: