1. Issue, Forfeiture and Reissue of Shares, 2. Issue and Redemption of Prefrence shares, 3. Issue of Debentures, 4 .Redemption of Debentures, 5 .Final Accounts of Companies, 6. Liquidation of Company (Voluntary Liquidation Only), 7.Valuation of Goodwill, 8 .Valuation of Shares, , 9 .Accounting for Amalgamatiomn of Companies As per As- 14 (ICAI), 10. Internal Reconstruction, 11. Consolidated Balance Sheet of Holdings Companies/ Parent Companies (With As-21), Investment Accounts Voyage Accounts Insurence Claims Accounts of Banking Companies Annual Accounts of Life Insurence Companies Accounts of General Insurence Companies

Advanced Accounting delivers an in-depth, comprehensive introduction to advanced accounting theory and application, using actual business examples and relevant news stories to demonstrate how core principles translate into real-world business scenarios. Clearly defined and logically organized Learning Objectives aid in student comprehension, while highlighted Related Concepts illustrate how individual concepts fit into the larger picture. Short answer questions throughout the chapter allow students to test their knowledge before reaching the more in-depth end-of-chapter questions, promoting a deeper understanding of both technical and conceptual aspects of the field. Written by active accounting researchers, this text brings clarity and flexibility to the central ideas underlying business combinations, consolidated financial statements, foreign currency transactions, partnerships, non-profit accounting and more. This new Seventh Edition has been updated to reflect the latest changes to FASB and GASB standards, allowing students to build a skill set based on up-to-date practices. With a student-oriented pedagogy designed to enhance comprehension, promote engagement, and build real-world understanding, this user-friendly book provides an essential foundation in current advanced accounting methods and standards.

This successful textbook is highly regarded, especially in programs that want a solid, comprehensive text for students who sit for the CPA exam. The book is loosely organized into five sections which allow for flexibility in sequencing the topics. Many of the topics are illustrated by examples using a continuous case involving a fictitious company called Peerless Products Corporation and its subsidiary, Special Foods, Inc.

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Focuses On The Theory Part Of Advanced Accounting. Covers Theories Of Accounting, Accounting Standards, Measurement Of Income, Charging Prices, Human Resource Accounting, Social Responsiblity Accounting, Mechanized Accounting, Valuation Of Shares And Reporting. In Question-Answer Format, Useful For Mcom Students.