Accounting for Special Entities BU B.Com SEP 5th Sem 2024-25 Notes

Unit 1 [Book]
Overview of Banking Business, Meaning, Definition, Objectives, Important Terms in Banking BusinessVIEW
Rebate On Bill DiscountedVIEW
Statutory ReserveVIEW
Cash CreditVIEW
Study of Important Books, Ledgers, and Registers Maintained by Banking CompaniesVIEW
Introduction to the Slip System of Posting in Banking TransactionsVIEW
Explanation of Reserve Bank of India Guidelines for Profit and Loss AccountsVIEW
Balance SheetsVIEW
Recording Transactions Like Bills for Collection, Acceptances, Endorsements, And Other ObligationsVIEW
Non-Performing Assets (NPAs)VIEW
Income Recognition and Treatment of Interest Suspense Accounts-Final AccountsVIEW
Preparation of Profit and Loss AccountsVIEW
Contents of Schedule No. 13,14,15,16. and Balance Sheets as Per Schedule No. 12VIEW
Unit 2 [Book]
Overview of Insurance Companies, Meaning, Definition, Objectives, Types, Regulatory FrameworkVIEW
Ind AS of Insurance Company AccountingVIEW
Unexpired RiskVIEW
Life Insurance AccountingVIEW
Preparation of Revenue Accounts for Life Insurance CompaniesVIEW
Preparation of Balance Sheets for Life Insurance CompaniesVIEW
General Insurance AccountingVIEW
Preparation of Revenue Accounts for General Insurance CompaniesVIEW
Preparation of Balance Sheets for General Insurance CompaniesVIEW
Claims, Calculation of Claims for Life Insurance CompaniesVIEW
Premiums, Calculation of Premiums, and Profit for Life Insurance CompaniesVIEW
Concept of ReinsuranceVIEW
Concept of Bonus, Bonus in Reduction of Premium, and Interest Accrued on InvestmentsVIEW
Unit 3 [Book]
Hotel Industry Overview, Meaning, Definition, ObjectivesVIEW
Understanding the Structure and Operations of Hotel IndustriesVIEW
Revenue Recognition, Methods of Recognizing Revenue in Hotel OperationsVIEW
Costing Methods Applicable to Hotel IndustriesVIEW
Preparation of Income Statement and Balance Sheet for Sole ProprietorshipVIEW
Preparation of Income Statement and Balance Sheet for Partnership Hotel BusinessesVIEW
Accounting for Depreciation and Amortization in Hotel Assets, Case StudyVIEW
Accounting for Online Booking Platforms (Booking.com, MakeMyTrip, and Airbnb)VIEW
Unit 4 [Book]
Trust Accounting, Basics, Meaning, Definition, Objectives, FeaturesVIEW
Understanding the Principles of Accounting for TrustsVIEW
Introduction to Accounting Practices in ClubsVIEW
Preparation of Receipts and Payments Accounts for Trusts and ClubsVIEW
Preparation of Income and Expenditure Accounts for Trusts and ClubsVIEW
Preparation of Balance Sheets for Trusts and ClubsVIEW
Understanding the Regulatory Framework Governing Trusts and ClubsVIEW
Emerging Trends in Non-Profit Accounting ( AI & Data Analytics)VIEW
Unit 5 [Book]
Farm Accounting, Meaning, Need and Purpose, Characteristics and Nature of TransactionsVIEW
Cost and Revenue Apportionment of Common Cost by Product CostingVIEW
Preparation of Cattle AccountVIEW
Preparation of Livestock AccountVIEW
Preparation of Farm Account and Final Accounts of FarmVIEW
Treatment of Government Subsidies and Grants (Agricultural Subsidies, Crop Insurance Claims)VIEW

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