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

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