Financial Accounting TYBcom Sem 5 Manan Prakashan

• Publisher : Manan Prakashan
• Author: Ainapure & Ainapure
• Edition: 2024
• Availability: In Stock
• Normally Deliver within 3-4 days

• Description :

  Financial Accounting TYB.Com Sem 5 Manan Prakashan Book is base on latest updated syllabus and paper pattern prescribed by Mumbai University for B.Com (Bachelor of Commerce) 3rd Year semester 5 published by Manan Prakashan

  Syllabus

   1. Preparation of Final Accounts of Companies

  Relevant Provisions of Companies Act related to Preparation of Final Account (excluding Cash Flow Statement)
  Preparation of Financial Statements as per Companies Act (excluding Cash Flow Statement)
  AS 1 in relation to Final Accounts of Companies (Disclosure of Accounting Policies)
  Adjustment for –
  1. Closing Stock
  2. Depreciation
  3. Outstanding Expenses and Income
  4. Prepaid Expenses and Pre-received Income
  5. Proposed Dividend and Unclaimed Dividend
  6. Provision for Tax and Advance Tax
  7. Bill of Exchange (Endorsement, Honour, Dishonour)
  8. Capital Expenditure included in Revenue Expenditure and vice versa e.g. – Purchase of Furniture included in Purchases
  9. Unrecorded Sales and Purchases
  10. Good Sold on Sale or Return Basis
  11. Managerial Remuneration on Net Profit Before Tax
  12. Transfer to Reserves
  13. Bad Debt and Provision for Bad Debts
  14. Calls in Arrears
  15. Loss by Fire (Partly and fully insured goods)
  16. Goods Distributed as Free Samples
  17. Any other adjustments as per the prevailing accounting standard

  2. Internal Reconstruction
  Need For Reconstruction and Company Law Provisions
  Distinction Between Internal and External Reconstructions
  Methods including alteration of Share Capital, Variation of Shareholder Rights, Sub-division, Consolidation, Surrender and Re-issue / Cancellation, Reduction of Share Capital with relevant Legal Provisions and Accounting treatment for same.

  3. Buy Back of Shares
  Company Law / Legal Provisions (including Related Restrictions, Power, Transfer to Capital Redemption Reserve Account and Prohibitions)
  Compliance of Conditions including Sources, Maximum Limits and Debt Equity Ratio. Cancellation of Shares Bought Back (excluding Buy Back of Minority Shareholding)

  4. Investment Accounting (w.r.t. Accounting Standard – 13)
  For Shares (Variable Income Bearing Securities)
  For Debentures / Preference Shares (Fixed Income Bearing Securities)
  Accounting for Transactions of Purchase and Sale of Investments with Ex and Cum Interest Prices and Finding Cost of Investment Sold and Carrying Cost as per Weighted Average Method (Excluding Brokerage)
  Columnar Format for Investment Account

  5. Ethical Behaviour and Implications For Accountants
  Introduction, Meaning of Ethical Behaviour
  Financial Reports – What is the Link Between Law, Corporate Governance, Corporate Social Responsibility and Ethics ?