Working knowledge.
| 1. |
Accounting standards - relevance and significance; national and international accounting standards. |
|---|
| 2. |
Accounting for share capital transactions - issue of shares at par, at premium and at discount; forfeiture and re-issue of shares; buy-back of shares; redemption of preference shares; rights issue. |
|---|
| 3. |
Issue of debentures - accounting treatment and procedures; redemption of debentures; conversion of debentures into shares. |
|---|
| 4. |
Underwriting of issues ; acquisition of business ; profits prior to incorporation ; treatment of preliminary expenses. |
|---|
| 5. |
Preparation and presentation of final accounts of joint stock companies as per company law requirements; bonus shares. |
|---|
| 6. |
Holding and subsidiary companies – accounting treatment and disclosures; consolidation of accounts. |
|---|
| 7. |
Valuation of shares and intangible assets. |
|---|
| 8. |
Cost accounting – objectives of costing system; cost concepts and cost classification; management accounting – nature and scope; role of management accountant, tools and techniques of management accounting; distinction between financial accounting, cost accounting and management accounting. |
|---|
| 9. |
Elements of cost :
| (i) |
Material cost – purchase procedures, store keeping and inventory control, fixing of minimum, maximum and re-order levels, ABC analysis, pricing of receipts and issue of material and accounting thereof; accounting and control of wastage, spoilage and defectives. |
| (ii) |
Labour cost – classification of labour costs, payroll procedures, monetary and non–monetary incentive schemes; labour turnover and remedial measures; treatment of idle time and overtime. |
| (iii) |
Direct expenses – nature, collection and classification of direct expenses and its treatment. |
| (iv) |
Overheads – nature, classification, collection, allocation, apportionment, absorption and control of overheads. |
|
|---|
| 10. |
Methods of costing – unit costing, contract costing. |
|---|
| 11. |
Budgetary control – preparation of various types of budgets, advantages and limitations; budgetary control reports to management. |
|---|
| 12. |
Marginal costing – application of marginal costing; cost–volumeprofit relationship; break–even analysis, preparation of break–even charts; profit – volume graph; practical application of profit volume ratio. |
|---|
| 13. |
Analysis and interpretation of financial statements – nature, objectives; latest trends in presenting financial data; importance and limitations; accounting ratios - classification, advantages and limitations. |
|---|
| 14. |
Cash flow statements – classification of cash flows, preparation and usefulness. |
|---|
| Title |
Author |
Publisher |
|---|
| Advanced Accounts-Vol. II |
M.C.Shukla, T.S. Grewal & S.C.Gupta |
S.Chand |
| Company Accounts |
R.L.Gupta & M Radhaswamy |
Sultan Chand |
| Advanced Accountancy-Vol. II |
S.P.Jain & K.L.Narang |
Kalyani Publishers |
| Corporate Accounting |
S.N.Maheshwari |
Vikas Publishing House |
| Advanced Accounting-Vol. 2 |
Ashok Sehgal & Deepak Sehgal |
Taxmann’s |
| Fundamentals of Corporate Accounting |
J.R.Monga |
Mayur Paperbacks |
| Cost and Management Accounting |
S.P.Jain & K.L.Narang |
Kalyani Publishers |
| Cost and Management Accouning |
M.N.Arora |
Himalaya Publishing House |
| Managmenet Accountaing |
R.S.N.Piallai Bhagvathi |
S.Chand |
| Cost and Management Accounting |
V.K.Saxena & C.D.Vashist |
Sultan Chand |
| A Text Book of Cost and Management Accounting |
M.N.Arora |
Vikas Publishing House |
| Cost and Management Accounting |
S.N.Maheshwari |
Sultan Chand |
| Cost Accounting |
S.N.Maheswari & S N Mittal |
shree Mahavir Book Depot |
| Management Accounting |
I.M.Pandey |
Vikas Publishing House |
| Cost and Management Accounting – A Managerial Emphasis |
C.T.Horngren |
Pearson Education |
| Title |
Author |
Publisher |
|---|
| International Financial Reporting Standards (IFRSs) |
|
Taxmann Publication |
| Indian Accounting Standards & GAPP |
Dolphy D’Souza |
Snow White Publications |
| Compendium of Accounting Standards |
|
The Institute of Chartered Accountants of India |
| Cost and Management Accounting |
S.P.Lyengar |
SultanChand |
| Advanced Management Accounting |
Ravi M.Kishore |
Taxmann Publication |
| Theory and Problems of Management and Cost Accounting |
M.Y.Khan & P.K.Jain |
McGraw-Hill Education |
| Advanced Management Accounting |
Kaplan & Atkinson |
Pearson Education |
| Cost Accounting Principles and Practice |
B.M.Lall Nigam & I.C. Jain |
Prentice Hall of India |
| Management and Cost Accounting |
Drury Colin |
International Thomson Business Press |
| Cost and Management Accounting |
Duncan Willamson |
Pearson Education |
| Managerial Accounting |
Dominiak & Louderback |
South Western College, Publishing Company |
Read story