Accounting for Mergers and Amalgamation – Absorption and External Reconstruction.

Holding Company Accounts: Consolidation of Balance Sheet with treatments of Mutual Owings, Contingent liability, Unrealized profit, Revaluation of assets, Bonus issue and Payment of dividend (Excluding Inter Company Holdings).

Banking Company Accounts: Preparation of various schedules – Preparation of Profit and Loss account and Balance Sheet (New Format only) - Rebate on bills discounted – NPA (theoretical aspect only).

Insurance Company Accounts – IRDA - Life Insurance Revenue Account – Valuation of Balance Sheet - General Insurance – (Fire and Marine) New Format – Revenue Account – Profit and Loss Account – Balance Sheet.

Statement of Account for Electricity Companies – Treatment of Repairs and Renewals - Financial Reporting Practice Note: Distribution of Marks between problems and theory shall be 80% and 20%.