Contents: 1. Accounting Principles and Processes. 2. Meaning and Scope of Accounting. 3. Accounting Principles. 4. Journalising Transactions. 5. Ledger Posting and Trial Balance. 6. Sub-Division of Journal. 7. Negotiable Instruments. 8. Bank Reconciliation Statement. 9. Matching Concept. 10. Capital and Revenue. 11. Final Accounts. 12. Rectification of Errors. 13. Accounting Concept of Income. 14. Depreciation Provisions and Reserves. 15. Advanced Final Accounts. 16. Sectional and Self-Balancing Systems. 17. Accounts of Non-Profit Making Organisations. 18. Single Entry System. 19. Special Business Accounting. 20. Consignment Accounts. 21. Joint Venture Accounts. 22. Account Current and Average Due Date. 23. Inventory Valuation. 24. Hire Purchase, Lease, and Installment Purchase Systems. 25. Branch Accounts. 26. Departmental Accounts. 27. Royalty Accounts. 28. Insurance Claims. 29. Contract Accounts. 30. Insolvency Accounts. 31.Introduction to Government Accounting. 32. Miscellaneous Accounts. 33. Partnership Accounts. 34. Fundamentals. 35. Reconstitution of Partnership Firms I (Admission). 36. Reconstitution of Partnership Firms - II (Retirement, Death and Amalgamation). 37. Dissolution of Partnership Firms. Appendices.
Over the years Advanced Accountancy has emerged as the definitive and comprehensive textbook on accountancy as it completely meets the requirements of students preparing for B.Com., M.Com., MBA, and Professional examinations conducted by different institutions, such as the Institute of Chartered Accountants of India (ICAI), the Indian Institute of Bankers (IIB), the Institute of Company Secretaries of India (ICSI), and the Institute of Cost and Works Accountants of India (ICWAI).
SALIENT FEATURES: Properly graded, practical problems with answers. Questions from recent examinations of renowned universities. Objective type questions. Alternative solutions to practical problems within the text.
New In The Tenth Edition: Issue of Accounting Standards up to AS: 32. Formulation of Accounting Standards both at the national and international levels and guidelines for their implementation. Latest questions and problems from professional examinations of institutes like ICAI, ICWAI, and ICSI. Updated text in almost all chapters.