Specialised Accounting

The book Specialized 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 Specialized Accounting in conformity with the latest provisions of the Companies Act, 2013.

Salient Features of the revised edition of the Book:

• Accuracy is one of the important features of the book.
• Chapter of Consolidated Balance Sheet of Holding Companies has been thoroughly revised and new material has been incorporated.
• The unique salient feature of this revised edition is the revision of the chapter Liquidation of Companies on the basis of the Insolvency and Bankruptcy Code, 2016. since Voluntary winding up (From 1-4-2017) and winding up proceedings relating to a company’s inability to pay debts is now covered under the provisions of the Insolvency and Bankruptcy Code,2016. Several new illustrations and questions based on the Insolvency and Bankruptcy Code, 2016 have been incorporated in the chapter.
• True or False Questions with Answer have been included at the end of the 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. The entire book has been modified as per the Companies Act, 2013.
• Chapters on Accounts of Insurance Companies and Accounts of Banking Companies have been thoroughly revised and enlarged.
• 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.

Specialized Accounting Book Contents

1. Issue, Forfeiture, Reissue, and Buy-Back of Shares
2. 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 AS-21)
8. Liquidation of Companies
9. Disposal of Profits (Dividend and Bonus Shares)
10. Profit or Loss Prior or Post to Incorporation
11. Double Account System including Electricity Supply Companies
12. Accounts of Banking Companies
13. Accounts of Insurance Companies  ● Accounts of Life Insurance Company
14. Absorption
15. Concept and Accounting of Depreciation
16. Provisions, Reserves

• True or False Question and Examination Questions with Answer