Over the years Advanced Accountancy has emerged as the definitive and comprehensive textbook on accountancy as it completely meets the requirments of students preparing for B.Com, M.Com, BBA, and professional examinations conducted by different institutions, such as the institute of Chartered Accountants of India, the indian institute of Bankers, the institute of Company Secretaries of India, and the institute of Cost Accountants of India.
Enactment and enforcement of the Companies (Amendment) Acts, 2019 & 2020.
Changes notified by Reserve Bank regarding Bank Rate, Statutory Liquidity Ratio, Classification of Advances etc.
Introduction of proforma Statement of Changes in Equity in Schedule II and Changes in Schedule V regarding management remuneration.
Changes in Rules relating to Corporate Social Responsibility (CSR) and Creation of Debentures Redemption Reserve.
Latest questions and problems from examination conducted by the professional institutions viz. Institute of Chartered Accountants of India, Institute of Company Secretaries of India and Institute of Cost Accountants of India etc.
Section 1: Company Accounts
Shares and Share Capital
Company Statutory Records
Company Financial Statements
Valuation of Goodwill and Shares
Acquisition of Business and Profit Prior to Incorporation
External Reconstruction, Amalgamation and Absorption
Company Liquidation Accounts
Financial Reporting for Financial Institutions
Accounting for Financial Instruments
Section 2: Specific Companies Accounts
Insurance Companies Accounts
Banking Companies Accounts
Double Account System
Hotel Companies Accounts
Accounts of Government Companies and
Section 3: Management Accounting
Management Accounting: Nature and Scope
Financial Statements: Analysis and Interpretation
Funds Flow Statement
Cash Flow Statement
Accounting for Price Level Changes
Valuation of Assets
Human Resource Accounting
Social Cost Benefit Analysis
Recent Developments in Accounting
APPENDIX I: Present Value of 1
APPENDIX II: Present Value of 1 Received Annually for N Years
APPENDIX III: Periodic Deposit which will Amount to 1
APPENDIX IV: Periodic Payment Required to Amortize 1 and Interest
APPENDIX V: The Compound Value of an Annuity of 1
APPENDIX VI: Schedule II
For the students of preparing BCom, MCom, MBA, BBA.