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This book is projected for undergraduate\u003cbr\u003elevel students, businessmen and accounting practitioners. This book is designed in fulfillment of revised syllabi of Advanced Accounting, T.Y.B.Com of Savitribai Phule Pune University 2021.\u003cbr\u003eThis book is also proficient and useful to students and faculties of financial accounting from diverse Universities of India. All chapters are discussed in detailed, simple and lucid language which would help to students for their study of the advanced accounting in easy manner. Adequate and explicable theory and practical illustrations are given under each topic. Our book aims to assist readers concerning about importance and recent issues of advanced accounting. The book is organized in four chapters as Accounting Standards and Financial Reporting, Accounting for Capital Restructuring, Final Accounts of Banking Companies \u0026amp; Investment. 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