Advanced Accounting

The book Advanced Accounting has been published according to the new syllabus of B.Com. examination. The main object of the book is to enable the students to develop awareness about Corporate Accounting in conformity with the latest provisions of the Companies Act, 2013.

Salient Features of the revised edition of the Advanced Accounting Book:

• Simple language and most Systematic order explaining each and every topic at length.
• Provisions of the Companies Act, 2013 which have direct or indirect relation with various topics of the book have been incorporated. An entire book has been modified as per the Companies Act, 2013.
• The book adequately satisfies the standard of B.Com. examination since the Illustrations and Questions of this book have been selected from Examination Papers of various Universities.
• Selection of practical Illustrations and Questions in each chapter and placing them in a systematic order is so reasonable, logical, orderly, and scientific that even an ordinary student can acquire real, complete, thorough, and up to date knowledge of the subject of Corporate Accounting without any exertion on his part.
• Accuracy is one of the important features of the book.
• Suggestions for the improvement of the book shall be thankfully acknowledged.

Advanced Accounting Syllabus For B.Com. Part II of Kumaun University, Nainital

Unit-I: Issue, Forfeiture, and Re-issue of Shares, Redemption of Preference shares. Issue and redemption of debentures.

Unit-II: Valuation of Goodwill and shares, Accounting relating to Liquidation of companies.

Unit-III: Accounting for amalgamation of companies as per Accounting Standard No. 14. Accounting for internal reconstruction excluding intercompany holdings. Simple problems with absorption.

Unit-IV: Investment Accounts, Voyage Accounts, Computation of insurance claims for loss of stock, and loss of profit.

Unit-V: Final Accounts relating to Banking companies, and life & General Insurance Companies.

Advanced Accounting Book Contents

1. Issue, Forfeiture, Reissue, and Buy-Back of Shares
2. Issue and Redemption of Preference Shares
3. Issue and Redemption of Debentures
4. Final Accounts of Company
5. Accounting for Amalgamation of Companies (As Per AS-14)
6. Reconstruction of Companies
7. Consolidated Balance Sheet of Holding Companies (With A.S.-21)
8. Liquidation of Companies
9. Valuation of Goodwill
10. Valuation of Shares
11. Computation of Managerial Remuneration
12. Disposal of Profits (Dividend and Bonus Shares)
13. Profit or Loss Prior or Post to Incorporation
14. Double Account System Including Electricity Supply Companies
15. Accounts of Banking Companies
16. Accounts of Insurance Companies
17. Underwriting of Shares and Debentures
18. Investment Account
19. Absorption
20. Voyage Accounts
21.  Insurance Claims