Published on Accounting and Taxation (https://accountingtaxation.iisuniv.ac.in)

Home > Advanced Accounting

Advanced Accounting [1]

Paper Code: 
AAF 413
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 accounting and their application in different practical situations.

9.00
Internal and External Reconstruction- Alteration of Share Capital, Conversion of Fully Paid Shares into Stock and Stock into Shares, Objectives of Capital Reduction, Procedure, Accounting Arrangement
 
9.00
Amalgamation- Forms of Amalgamation, Motive for Amalgamation,
 
Calculation of Purchase Consideration, Methods of Accounting for Amalgamation: Pooling of Interests Method, Purchase Method
 
Distinction between Pooling of Interests Method and Purchase Method, Accounting for Amalgamation (Excluding Inter Company Investments)

 

9.00
Liquidation: Meaning of Liquidation, Winding up by Court, Voluntary Winding Up,
 
Preferential Payments, Preparation of Statement of Affair, Deficiency/Surplus Account,
 
Liquidator’s Final Statement of Account, Receiver for Debenture Holder, B List of Contributories
9.00
Accounts of Insurance Companies: Meaning of Insurance, Financial Statement of Insurance Companies, Accounts of Life Insurance Business, Accounts of General Insurance Business
9.00
Banking Company Accounts: Meaning of Banking, Types of Banks,
 
Requirement  as  to  strong  financial  management,  Preparation  and Presentation of Financial Statements of Banks, Collection of Bills of
 
Exchanges of Customers, Discounting of Bills of Exchange of Customer, Rebate on Bills of Exchange Discounted, Classification of Assets
Essential Readings: 
  • Advance Accountancy- Jain, Khandelwal, Pareek( Ajmera Book Company) Modern Accountancy- A. Mukharjee& M. Hanif(Tata McGraw Hill)
  • Corporate Accounting-S.N. Maheshwari and S.K. Maheshwari(Vikash Publishing House Pvt Ltd)

 

References: 
  • Advanced Accounting-R.L Gupta, M Radhaswamy(S. Chand& Sons New Delhi) Accounting Theory-L.S Porwal(Tata,McGraw Hill)
  • Advanced Accounts-Shukla, Grewal, Gupta(S.Chand)
  • Advanced Accountancy-S.N Maheshwari(Vikas Publishing House Pvt Ltd)
Academic Year: 
2018-2019 [2]

Follow Accounting and Taxation on:

IIS (Deemed to be University)

Gurukul Marg, SFS, Mansarovar, Jaipur 302020, (Raj.) India Phone:- +91-141-2400160-61, 2397906-07, Fax: 2395494, 2781158

Source URL: https://accountingtaxation.iisuniv.ac.in/courses/subjects/advanced-accounting-14

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/advanced-accounting-14
[2] https://accountingtaxation.iisuniv.ac.in/academic-year/2018-2019