Advanced Accounting [vol I]: For Ca Professional Competence Examination

Chapter 1: Conceptual Frame Work

Chapter 2: Accounting Standard

Chapter 3: Company Final Accounts

Chapter 4: Cash Flow Statement

Chapter 5: Profit or Loss Prior to Incorporation

Chapter 6: Capital Reduction

Chapter 7: Bonus and Rights Shares: Stock Split

Chapter 8: Buy Back of Shares

Chapter 9: Underwriting of Shares & Debentures

Chapter 10: Redemption of Debentures

Chapter 11: Accounting for Business Acquisition

Chapter 12: Amalgamation and Reconstruction

Chapter 13: Liquidation of Companies

Chapter 14: Accounting of Banking Company

Chapter 15: Accounts of Insurance Companies

Chapter 16: Accounts of Electricity Company

New Features

? The book has been written keeping in mind the students of CA PCC course. It is designed to provide a lucid treatment of the subject matter keeping in view the specific ?problem solving needs? of the students taking the PCE. Volumes 1 & 2 cover the entire CA PCC course. Salient Features (Vol 1 & 2 combined): ? Chapter on Accounting in Computerized Environment ? This chapter gives an overview and significance of computerized accounting system, and accounting packages used by companies. ? Chapter on Accounting Standards ? Discusses in detail all the ASs required by the PCC students and their import on various aspects of accounting. ? AS integration -- Relevant section of accounting standards have been integrated with the development of concepts. ? Practical tips -- Boxed exhibits containing tips for avoiding mistakes which students commonly make. ? Step-by-step Approach -- Development of preparation of accounts in a step-by-step manner for ease of comprehension. ? Legal cases -- Overview of relevant legal cases in topics like dissolution of partnership firms, insurance claims and so on. ? Running glossary ? Includes explanation of important terms and expressions. Illustrations and Exercises ? The book has over 400 solved examples which illustrate the concepts discussed in the chapters. Each chapter contains 20 such illustrations on an average. ? Illustrations are supplemented with Working Notes (mental calculations and intermediate steps between a problem and its solution) and Tutorials (points to remember). ? Difficult or atypical problems have been discussed as ?Special Problems?, to broaden the perspective of students. ? Theoretical questions, MCQ type questions and Practical questions comprise the end-of-chapter exercises. Answer key are included for these exercises. ? Previous year?s questions under the new scheme (PCC), as well as older schemes like PE-II, CA-Inter have been included.