Financial Accounting and Reporting Bangalore University BBA 2nd Semester NEP Notes

Unit 1 Accounting for Departmental Undertakings {Book}
Meaning and Features of Departmental UndertakingVIEW
Examples of Department Specific Expenses and Common ExpensesVIEW
Need and Basis of Apportionment of Common ExpensesVIEW
Preparation of Trading Account in Columnar FormVIEW
Profit and Loss Account in Columnar FormVIEW
General Profit and Loss AccountVIEW
Simple problems involving adjustment on Closing StockVIEW
DepreciationVIEW
Inter Departmental Transfers at Cost PriceVIEW

 

Unit 2 Branch Accounting {Book}
Meaning, Objectives, Types of Branches, Meaning and features of BranchesVIEW
VIEWVIEW
Dependent BranchesVIEW
Independent Branches, Foreign BranchesVIEW
Methods of maintaining books of accounts by Head officeVIEW
Debtor System, Stock & Debtors SystemVIEW
Wholesale Branch System and Final Account systemVIEW
Problems on preparation of Dependent Branch A/c in the books of Head Office under Debtors System onlyVIEW
When the goods are supplied at Cost PriceVIEW
When the goods are supplied at Invoice PriceVIEW

 

Unit 3 Hire Purchase Accounting {Book}
Hire Purchase Meaning and Features of Hire Purchase and Installment Purchase SystemVIEW
Differences between Hire Purchase and Installment Purchase SystemVIEW
Important Definitions:
Hire Purchase Agreement, Hire Purchase Price, Cash Price, Hire Purchase Charges, Down PaymentVIEW
Problems on calculation of interest and segregation of each installment amount into interest component and principal componentVIEW
Problems on ascertainment of Cash Price under Reverse Calculation MethodVIEW
Methods of maintaining books of accounts by Hire PurchaserVIEW
Problems on passing of Journal EntriesVIEWVIEW
Preparation of Ledger Accounts in the books of Hire Purchaser under Asset Accrual Method onlyVIEW
VIEW

 

Unit 4 Insurance Claims for Loss of Stock and Profit {Book}
Meaning, Features and Principles of Fire InsuranceVIEW
Meaning of Fire ClaimVIEW
Procedure for making a Fire Insurance ClaimVIEW
Concept of Loss of StockVIEW
SalvageVIEW
Loss of ProfitVIEW
Average ClauseVIEW
Problems on ascertainment of claim amount covering the adjustments for overvaluation and under-valuation of stock and abnormal line of itemsVIEW

 

Unit 5 Introduction to IFRS {Book}
Meaning and Need for Accounting StandardsVIEW
VIEWVIEW
Meaning, Features, Importance and Applicability of IFRSVIEWVIEW
List of IND-AS and List of IFRSVIEW

One thought on “Financial Accounting and Reporting Bangalore University BBA 2nd Semester NEP Notes”

Leave a Reply

error: Content is protected !!