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
Reference Book:
1. R.L.Gupta and M.Radhaswamy, Advanced Accountancy-II, , Sultan Chand & Sons Publishers, New Delhi, 2014. ISBN-13: 978-8180549885. 2. S.P.Jain and K.L.Narang, Advanced Accountancy-II, , Kalyani Publishers, New Delhi, 2014 , ISBN-13: 978-9327246872
Text Book:
1. T.S. Reddy and A.Murthy Corporate Accounting Vol.II (As per Revised Schedule VI in New Format), , Margham Publication, Chennai, 2019, ISBN : 978-93-86908-41-4