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Study Advanced Financial Accounting - MCom Subject

Module I
Amalgamation, absorption and external reconstruction of companies under cases of intercompany
owing and inter-company holding; steps for internal reconstruction.

Preparation of deficiency/surplus account on liquidation of companies; liquidation final
statement of accounts; receiver’s statement of accounts.
Module II
Accounts from incomplete records – features – profit from operations – statement of affairs
method and conversion method.
Module III
Insurance claims – loss of stock – procedures – procedure for calculation – average clauses –
treatment of abnormal items of goods – loss of profit – indemnity under policy – important
terms – procedure for ascertaining claims – average clause.
Module IV
(a) Farm accounting – features – objectives – recording of transactions – preparation of
final accounts.
(b) Human resource accounting – objectives – methods of valuation – advantages and
disadvantages –HRAin India.
(c) Government accounting – commercial accounting vs government accounting –
classification of government accounting in India – comptroller and Auditor General of
India – Public Accounts Committee – Estimate Committee – Committees on Public
Undertakings – compilation of accounts.
(d) Investment accounts – types – entries in the books of the investors – ex-interest and
cum-interest – ex-dividend and cum-dividend – brokerage – right shares – bonus shares.
(e) Voyage accounts – important items – preparation of voyage accounts.
(f) Accounting for price level changes; methods – CPP, CCA and hybrid.
(g) Social cost accounting.
Module V
International Accounting Standards – arguments for and against standards – broad outlines
– formulation of accounting standards – recent trends in presentation of company financial
statements. Interpretation of financial statements.





MCom (Masters in Commerce) Subjects


ACCOUNTING FOR MANAGERIAL DECISIONS
ADVANCED FINANCIAL ACCOUNTING
Business Environment
COMMUNICATION SKILLS
ENTERPRISE RESOURCE PLANNING
FINANCIAL MANAGEMENT
FOREIGN TRADE MANAGEMENT
FOREIGN TRADE POLICY AND PROCEDURES
FUNDS MANAGEMENT IN BANKS AND INSURANCE
Human Resource Management
INCOME TAX
INDIAN FIANANCIAL SYSTEM
INFORMATION TECHNOLOGY FOR BUSINESS
INTERNATIONAL FINANCE
INTERNATIONAL MARKETING AND LOGISTICS MANAGEMENT
INTERNATIONAL MARKETING
INVESTMENT MANAGEMENT
Macroeconomics for business decision MCom Masters of Commerce
MANAGEMENT INFORMATION SYSTEMS
Marketing Management
MARKETING RESEARCH
OPERATIONS RESEARCH
QUANTITATIVE METHODS
RESEARCH METHODOLOGY
SALES MANAGEMENT AND ADVERTISING
STRATEGIC MANAGEMENT

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