1: Accounting for Partnership: Basic Concepts
Introduces the fundamentals of partnership, including its definition, features, partnership deed, and preparation of Profit & Loss Appropriation Account.
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Nature of Partnership & Partnership Deed -
Capital Accounts: Fixed and Fluctuating
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Interest on Capital and Drawings
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Not startedPast Adjustments in Partnership Accounts
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Not started2: Reconstitution of a Partnership Firm – Admission of a Partner
Covers accounting treatment for admission of a new partner, including change in profit sharing ratio, goodwill, revaluation of assets and liabilities.
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New Profit Sharing Ratio and Sacrificing Ratio
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Accounting Treatment of Goodwill
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Accumulated Profits and Reserves
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Not startedPreparation of Revaluation Account and Balance Sheet
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Not started3: Reconstitution of a Partnership Firm – Retirement/Death of a Partner
Explains the accounting procedures when a partner retires or dies, including settlement of accounts, goodwill treatment, and calculation of deceased partner's share.
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Accounting procedures when a partner retires or dies
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Goodwill treatment, and calculation of deceased partner's share
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Quantitative Instruments of Credit Control (Repo Rate, CRR)
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Not startedQualitative Instruments of Credit Control
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Not started4: Dissolution of Partnership Firm
Discusses the complete winding up of a partnership business, settlement of accounts, realization of assets, and payment of liabilities.
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complete winding up of a partnership business
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settlement of accounts, realization of assets, and payment of liabilities
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Propensity to Consume and Propensity to Save
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Not startedProblems of Excess Demand and Deficient Demand
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Not started5: Accounting for Share Capital
Covers the accounting treatment for issue of shares, including types of shares, issue of shares at par, premium, and discount, and forfeiture of shares.
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Accounting treatment for issue of shares
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Issue of shares at par, premium, and discount, and forfeiture of shares
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Tax and Non-Tax Revenue
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Not startedDifference between Revenue Expenditure and Capital Expenditure
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Not started6: Issue and Redemption of Debentures
Explains the accounting procedures for issue and redemption of debentures, including different methods of redemption and creation of Debenture Redemption Reserve.
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Accounting procedures for issue and redemption of debentures
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Including different methods of redemption and creation of Debenture Redemption Reserve
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Determination of Exchange Rate
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Not startedBalance of Trade vs. Balance of Payments
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Not started7: Financial Statements of a Company
Covers the preparation of financial statements for companies as per the Companies Act, including the Statement of Profit and Loss and Balance Sheet.
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The preparation of financial statements for companies as per the Companies Act
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Including the Statement of Profit and Loss and Balance Sheet
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Importance of Notes to Accounts
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Not startedQualitative Characteristics of Accounting Information
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Not started8: Analysis of Financial Statements
Introduces tools for financial analysis including comparative statements, common size statements, and trend analysis to interpret company performance.
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Financial analysis including comparative statements
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Common size statements, and trend analysis to interpret company performance
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Limitations of Financial Statement Analysis
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Not startedDifference between Comparative and Common Size Statements
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Not started9: Accounting Ratios
Covers various accounting ratios for analyzing liquidity, solvency, activity, and profitability of a business, and their interpretation.
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Accounting ratios for analyzing liquidity
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profitability of a business, and their interpretation
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Earnings Per Share and Price Earnings Ratio
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Not startedCapital Employed and Net Assets
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Not started10: Cash Flow Statement
Explains the preparation of Cash Flow Statement as per Accounting Standard-3, classifying cash flows into operating, investing and financing activities.
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Meaning, Objectives, and Importance of Cash Flow Statement
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Cash Flows from Operating Activities (Direct and Indirect Method)
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Non-Cash Transactions
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Not startedAdjustments for Depreciation and Amortisation
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