The Definitive, comprehensive and best-selling textbook on Accountancy
Over the years Advanced Accountancy has emerged as the definitive and comprehensive textbook on accountancy as it completely meets the requirements of students preparing for B.Com, M.Com, BBA, and professional examinations conducted by different institutions, such as the Institute of Chartered Accountancy of India, the Indian institute of Bankers, the institute of Company Scretaries of Indian, and the Institute of Cost Accountants of India.
Updated posting regarding 27 operational Accounting Standards issued by the institute of Chartered Accountants of india and 40 indian Accounting Standards (Ind AS) notified by the Ministry of Corporate Affairs including soon replacement of Ind AS 104 by Ind AS 117: Insurance Contracts.
The Schedule for Implementation of Ind AS in view of covergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS).
Stregthening and updating of the text material in the light of new acccounting standards.
Latest questions and problems from examinations conducted by different professional bodies and universities.
SECTION 1: Accounting Principles and Processes
Meaning And Scope Of Accounting
Ledger Posting And Trial Balance
Sub-Division Of Journal
Bank Reconciliation Statement
Capital And Revenue
Rectification Of Errors
Accounting Concept Of Income
Depreciation, Provisions And Reserves
Advanced Final Accounts
Sectional And Self-Balancing Systems
Accounts Of Non-Profit Making Organizations
Single Entry System
SECTION 2: Special Business Accounting
Joint Venture Accounts
Account Current And Average Due Date
Hire Purchase, Lease And Instalment Purchase Systems
Introduction To Government Accounting
SECTION 3: Partnership Accounts
Reconstitution Of Partnership Firms - I (Admission)
Reconstitution Of Partnership Firms - Ii
(Retirement, Death And Amalgamation)
Dissolution Of Partnership Firms
I: Guidance Note On Terms Used In Financial Statements
II: Present Value Of ` 1 A.13
III: Periodic Deposit Which Will Amount To ` 1
IV: Present Value Of ` 1 Received Annually For N Years
V: Periodic Payment Required To Amortize ` 1 And Interest
For the students of preparing BCom, MCom, MBA, BBA.