Advanced Accounting BU B.com Old Syllabus Notes

Unit 1 [Book] 
Business of Banking companiesVIEW
Some important provisions of Banking Regulation Act of 1949, Brokerage, Discounts, Statutory Reserves, Cash ReservesVIEW
Minimum capital and reserves, Restriction on commissionVIEW
Books of accountsVIEW
Special features of bank accountingVIEW
Final Accounts, Balance Sheet and Profit and Loss accountVIEW
 VIEW
Interest on Doubtful debtsVIEWVIEW
Rebate on bill DiscountedVIEW
Acceptance, Endorsement and Other obligationsVIEW
Problems as per new provisions 

 

Unit 2 Accounts of Insurance Companies [Book] 
(a) Life insurance: Accounting concepts relating to life insurance companiesVIEW
Preparation of Final accounts of life insurance companiesVIEW
Revenue account and Balance sheetVIEW
(b) General insurance: Meaning accounting conceptsVIEW
Preparation of Final accountsVIEW

 

Unit 3 Inflation Accounting [Book] 
Need, Meaning, definition Importance, Role, Objectives, Merits, and Demerits of Inflation AccountingVIEW
Problems on Current purchasing power method (CPP)VIEW
Current cost accounting method (CCA)VIEW

 

Unit 4 Farm Accounting [Book] 
Meaning, Need and Purpose, Characteristics of farm accountingVIEW
Nature of Transactions, Cost and revenueVIEW
Apportionment of common costVIEW
By product costingVIEW
Farm Accounting, Recording of transactions, problemsVIEW

 

Unit 5 Investment Accounting [Book] 
Introduction, Nature of Investment AccountingVIEW
Investment LedgerVIEW
Different terms used; Cum dividend or Interest and ex-dividend or interestVIEW
SecuritiesVIEWVIEW
Bonus SharesVIEWVIEW
Right SharesVIEWVIEW
Procedures of Recording sharesVIEW

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