Advanced Financial Accounting Bangalore City University B.Com SEP 2024-25 2nd Semester Notes

Unit 1 [Book]
Insurance Claims, Meaning, Need and Advantages of Fire Insurance VIEW
Special Terminologies in Fire Insurance Claims Insurer, Insured, Premium, Insurance Policy, Under Insurance, Over Insurance, Salvage, Average Clause, Sum Assured VIEW
Ascertainment of Fire Insurance Claim including on Abnormal Line of Goods VIEW
Unit 2 [Book]
Sale or Conversion of Partnership VIEW
Meaning of Purchase Consideration and Methods of Calculating Purchase Consideration VIEW
Closing the Books of Partnership Firm VIEW
Passing Opening Journal Entries and preparing Opening Balance Sheet (Vertical form) in the books of Company VIEW
Unit 3 [Book]
Meaning and Features of Departmental Account VIEW
Examples of Department Specific Expenses and Common Expenses VIEW
Need and Bases of Apportionment of Common Expenses VIEW
Statement of General Profit/Loss VIEW
Balance Sheet VIEW
Inter-Departmental Transfers at Cost Price VIEW
Unit 4 [Book]
Royalty Agreement, Introduction, Meaning, Terms used in Royalty Agreement: Lessee, Lessor, Minimum Rent, Short Workings VIEW
Recoupment of Short Workings with Strike and Lockout Periods VIEW
Accounting Treatment in the book of Lessee VIEW
Journal Entries and Ledger Accounts including Minimum Rent Account VIEW
Unit 5 [Book]
Digital transformation of Accounting VIEW
Big Data Analytics in Accounting VIEW
Cloud Computing in Accounting VIEW
Green Accounting VIEW
Human Resource Accounting VIEW
Inflation Accounting VIEW
Database Accounting VIEW

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