It is widely popular that these subjects of Accountancy are the boat for passing CA Inter. This subject of Advanced accountancy must be done after the completion of Group 1 Accounts.
This paper is an almost practical paper and little theory asked is also based on Accounting standards and some theory from chapters. You need to study each video carefully, make your notes simultaneously. These classes will first explain to you the concepts for which you must make notes, a huge variety of questions to be solved in your notebook with Me and Quiz to be solved at the end of every lecture.
You are also provided with an E-book where you will find a lot of questions for self-practice and what more, you also have e-notes of all the lectures which you can download at any time. Wow, that’s so wonderful.
It has been seen that the student who has a proper time schedule for attending the classes, is regular in their homework and gives all the tests regularly, surely gets excellent marks.
Your classes will give PTR (Point To Remember) which will become a backbone for your revision and conceptual clarity. So let’s start the classes now….
Contents: 1. Application of Accounting Standards: 2. Special Aspects of Company Accounts 1. (i) Accounting for employee stock option plan; 2. (ii) Buyback of securities; (iii) Equity shares with differential rights. 3. Reorganization and liquidation of Companies (i) Accounting for amalgamation (excluding inter-company holding) and reconstruction; (ii) Accounting involved in the liquidation of companies. 4. Banking Companies and Non-Banking Financial Companies and regulatory requirements thereof. 5. Consolidated Financial Statements Concept of consolidation and simple problems on Consolidated Financial Statements with a single subsidiary (excluding problems involving the acquisition of Interest in Subsidiary at Different Dates; Different Reporting Dates of Holding and Subsidiary; Disposal of a Subsidiary and Foreign Subsidiaries). 6. Dissolution of partnership firms including piecemeal distribution of assets; Amalgamation of partnership firms; Conversion of partnership firm into a company and Sale to a company; Issues related to accounting in a Limited Liability Partnership. Notes : 1. If either new Accounting Standards (ASs), Announcements and Limited Revisions to ASs are issued or the earlier ones are withdrawn or new ASs, Announcements and Limited Revisions to AS are issued in place of existing ASs, Announcements and Limited Revisions to AS, the syllabus will accordingly include/exclude such new developments in the place of the existing ones with effect from the date to be notified. 2. The specific exclusions, in any topic covered in the syllabus, will be effected, if any, by way of Study Guidelines.