Accounting for Depreciation – Meaning – Characteristics – Causes – Objectives – Basic factors affecting the amount of depreciation - Methods of providing Depreciation – Reserves and Provisions

Non-Profit Organization – Meaning – Types: Social Clubs, Sports Clubs, Educational Institutions – Major Receipts and Payments – Preparation of Receipts and Payment account – Preparation of Balance Sheet at the beginning - Preparation of Income and Expenditure account – Preparation of Balance Sheet at the end.

Departmental Accounting: Meaning – Need – Advantages – Distinction between Departments and Branches – Methods and Techniques of Departmental Accounting.

Branch Accounts: Meaning –objects-Types of Branches-Dependent Branches-Accounting respect of Dependent Branches -Final Accounts System –Independent Branches

Single Entry System – Meaning and features – Limitations – Difference between Double entry and Single entry – Difference between Balance sheet and Statement of affairs - Statement of affairs method and Conversion method