Description
Commercial Law Publishers India Pvt Ltd Ready Referencer On Accounting For New Syllabus by G Sekar
Though this book is specifically designed to meet the requirement for the CA Curriculum, Students of other Professional Courses and University Graduation Courses in Commerce I Finance Accounting can also use this Book to assist in their preparation process. The Authors express their gratitude to The Institute of Chartered Accountants of India for granting permission to use questions from previous examinations and Revision Test Papers (RTP). The Authors are thankful to the enthusiastic team of Professionals and Students, who have made significant contribution and valuable suggestions in bringing out this New Edition Book and its updates
The New Edition of Padhuka’s Ready Referencer on Accounting – as applicable for New Syllabus CA Inter Group I comes to you with the following special features –
Updated as per Latest ICAI New Syllabus
All significant Revision Test Papers Questions and Concept Questions covered.
Full Coverage of the New Syllabus prescribed for Inter Group I including all applicable Accounting Standards.
All Concepts explained in an easily understandable and effective manner.
Model formats given wherever necessary to enhance the understanding of a particular Concept.
Question and Answer Formats as an aid for Exam Oriented Preparation.
Step-by- Step Solutions for Practical Problems, with Formats, Tables and Charts for better clarity.
Complete Working Notes for all computations and steps, to guide the student in learning
Table of Contents:
Part A – Non Corporate Accounting Areas
Accounting Basics – Conceptual Framework
Accounting for Investments (including Accounting Standard – 13)
Insurance Claims
Accounting for Hire Purchase Transactions
Departmental Accounts
Branch Accounts
Single Entry System – Accounting from Incomplete Records
Partnership Accounts (Dissolution, Sale to Company, Amalgamation)
Part B – Corporate Accounting Areas
Accounting for Shares
Accounting for Debentures
Profits Prior to Incorporation
Final Accounts of Companies
Part C -Accounting Standards
AS – Introduction and Applicability
AS – 1 – Disclosure of Accounting Policies
AS – 2 – Valuation of Inventories
AS – 3 – Cash Flow Statements
AS – 4 – Contingencies & Events Occurring after the Balance Sheet Date
AS – 5 – Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
AS – 10 – Property, Plant and Equipments
AS – 11 – The Effect of Changes in Foreign Exchange Rate
AS – 12 – Accounting for Government Grants
AS – 16 – Borrowing Costs
AS – 17 – Segment Reporting
AS – 22 – Accounting for Taxes on Income
About the Author:
G.Sekar is a Chartered Accountant in practice for the last 30 years. Founder and Faculty for Direct Taxation in Shree Guru Kripa’s Institute of Management, an Institution providing education for all level and all subjects of the Chartered Accountancy Course and has trained many finance professionals. Member-Central Council of ICAI-2013-16&2016-19 Chairman – Direct Taxes Committee of ICAI – 2014 Recently nominated as Member of Consultative Advisory Group (CAG) of the prestigious International Accounting Education Standards Board (IAESB) – It is worthy to note that he is the First Indian to be part of the CAG. Great Motivator for Chartered Accountants in Practice and in Employment, and CA Students, through his effective and convincing communication style.
B. Saravana Prasath is a graduate in Commerce and a Fellow Member of the Institute of Chartered Accountants of India. He secured Fourth Rank in the Madras University in his Graduation Examinations. He did his Chartered Accountancy Articleship training under the tutorship of Shri G. Sekar FCA. He secured the First Rank in the Chartered Accountancy Final Examinations, securing 76% in the aggregate. He also secured the Third Rank in the Intermediate Examinations and Tenth Rank in the Foundation Examinations.His academic performance includes 99% in CA Final Accounting Paper and 96% in CA Intermediate Auditing Paper.