by | Unit 1 [Book] | |
| Meaning, Objectives, Importance and Benefits of Accounting Standards | VIEW |
| Standard Setting Bodies: | |
| IASB | VIEW |
| FASB | VIEW |
| ICAI | VIEW |
| Indian Accounting Standards Vs. International Financial Reporting System (IFRS) | VIEW |
| Procedure for issuing Standards in India | VIEW |
| Need for IFRS Convergence into Ind AS Opportunities and Challenges | VIEW |
| Role of Institute of Chartered Accountants of India (ICAI) in issuance of Standards | VIEW |
| Unit 2 [Book] | |
| Meaning and Features of Departmental Undertaking Accounting | VIEW |
| Examples of Department Specific Expenses and Common Expenses | VIEW |
| Need and Basis of Apportionment of Common Expenses | VIEW |
| Preparation of Trading in Columnar Form | VIEW |
| Profit and Loss Account in Columnar Form | VIEW |
| General Profit and Loss Account | VIEW |
| illustrations on inter- departments in Vertical form involving adjustment on Closing Stock, Depreciation and Inter Departmental Transfers at Cost Price | VIEW |
| Unit 3 [Book] | |
| Meaning Objectives, Features, Types of Branches | VIEW |
| Dependent Branches | VIEW |
| Independent Branches | VIEW |
| Foreign Branches | VIEW |
| Methods of maintaining books of Accounts by Head office | VIEW |
| Debtor System, Stock and Debtors System | VIEW |
| Wholesale Branch System | VIEW |
| Final Account system | VIEW |
| illustrations on preparation of Dependent Branch A/c in the books of Head Office under Debtors System only | VIEW |
| When the goods are Supplied at Cost Price | VIEW |
| When the goods are Supplied at Invoice Price | VIEW |
| Unit 4 [Book] | |
| Meaning, Features and Principles of Fire Insurance | VIEW |
| Meaning of Fire Claim, Procedure for making a Fire Insurance Claim | VIEW |
| Concept of Loss of Stock | VIEW |
| Salvage | VIEW |
| Average Clause | VIEW |
| illustrations on ascertainment of Claim Amount covering the adjustments for Over-valuation and Under-valuation of Stock and Abnormal Line of items | VIEW |
|
Unit 5 [Book] |
|
| Introduction to Bills of Exchange Definition and Characteristics, Types | VIEW |
| Parties involved in Bills of exchange: Drawer, Drawee, Acceptor, Payee | VIEW |
| Essential elements in Bills of exchange | VIEW |
| Types of Endorsement Blank, Special and Restrictive endorsements | VIEW |
| Discounting of Bills | VIEW |
| Acceptance, Payments, Negotiability and Transferability, Dishonour and Noting |
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