Accounting Standard : 1.1. Meaning, 1.2. Objectives of Setting Accounting Standards, 1.3. Advantages, 1.4. Limitations (Disadvantages), 1.5. Overview of Accounting Standards in India, 1.6. Applicability, 1.7. AS -1 : Disclosure of Accounting Policies, 1.8. AS – 6 : Depreciation Accounting, 1.9. AS – 10 Accounting For Fixed Assets, • Exercises
Piecemeal Distribution : 2.1. Piecemeal Distribution of Cash, 2.2. Priority of Payment, 2.3. Methods of Piecemeal Distribution, 2.4. Illustration, • Exercises
Amalgamation of Partnership Firms : 3.1. Meaning, 3.2. Objectives of Amalgamation of firms, 3.3. Necessity or Advantages of Amalgamation, 3.4. Closing the books of the amalgamating firms under Realisation method, 3.5 Opening Entries and Balance Sheet in the Books of the Purchasing or New Firm, 3.6 Illustrations, • Exercises
Conversion of Partnership Firm into Limited Company : 4.1. Meaning and Need of Conversion, 4.2. Necessity or objectives of Conversion, 4.3. Purchase Consideration, 4.4 Accounting Procedure in the books of partnership firm, 4.5 Closing Entries in the books of Partnership Firm, 4.6 Illustrations, • Exercises
Joint Venture Account : 5.1. Meaning of Joint Venture, 5.2 Features, 5.3 Joint Venture and Partnership, 5.4 Accounting for the Joint venture Transaction, 5.5 Journal Entries, • Exercises
Cost Accounting : 6.1. Meaning of Cost, 6.2. Meaning of Costing, 6.3. Cost Accounting, 6.4. Cost Accountancy, 6.5. Objectives of Cost Accounting, 6.6. Advantages of cost Accounting, 6.7. Limitations or objections of Cost Accounting, 6.8. Distinction between Financial Accounting and Cost Accounting, 6.9. Cost Unit and Cost Centre, 6.10. Classification of costs, 6.11. Elements of cost, 6.12. Cost Sheet, 6.13. Illustration, 6.14. Tender, Quotation and Estimates., • Exercises