The syllabus consists of 3 parts.
Part A is Accounting for Partnership Firms and Companies, and is for 60 marks. It has 2 units, namely, Accounting for Partnership Firms (36 marks) and Accounting for Companies (24 marks).
Part B is Financial Statement Analysis, and is for 20 marks. It has 2 units, namely, Analysis of Financial Statements (12 marks) and Cash Flow Statement (8 marks).
Part C is Project Work and it carries 20 marks. Project work includes 1) Project File (12 marks) and 2) Viva Voce (8 marks).
Alternatively, Part B consists of a single unit, Computerized Accounting, and is for 20 marks. Part C is Practical Work and it carries 20 marks. Practical work includes 1) Practical File (12 marks) and 2) Viva Voce (8 marks).
Contact
The Syllabus in Brief
- Accounting for Partnership Firms
- Partnership Features
- Provisions of the Indian Partnership Act, 1932 (only relevant portions)
- Fixed vs Fluctuating Capital Accounts
- Profit & Loss Appropriation Account
- Division of Profits and Guaranteed Profits
- Profit Sharing Ratio, Interest on Capital, Interest on Drawings and Salary to Partners
- Goodwill: Meaning & Methods of Calculation
- Change in Profit Sharing Ratio
- Revaluation Account
- Admission of a Partner
- Retirement and Death of a Partner
- Dissolution of a Partnership Firm
- Accounting for Companies
- Accounting for Share Capital
- Equity and Preference Shares
- Issue, Subscription, Premium on Issue, Calls-in-Advance, Calls-in-Arrears, etc.
- Forfeiture & Re-issue of Shares
- Disclosure of Share Capital in Balance Sheet
- Accounting for Debentures
- Debentures: Meaning and Types
- Issue at Par, Premium and Discount
- Debentures as Collateral Security
- Analysis of Financial Statements
- Financial Statements of a Company
- Balance Sheet and Statement of Profit and Loss (as per Schedule III of the Companies Act, 2013)
- Financial Statement Analysis: Meaning, Objectives and Tools
- Accounting Ratios: Liquidity, Solvency, Activity and Profitability Ratios
- Cash Flow Statement
- Meaning, Objectives and Benefits
- Cash and Cash Equivalents
- Classification of Activities
- Indirect Method of Preparation of Cash Flow Statement (as per AS-3 (Revised): Cash Flow Statement)
- Project Work
- Or, Computerized Accounting
- Overview of Computerized Accounting System
- Accounting Application of Electronic Spreadsheet
- Using Computerized Accounting System
- Practical Work
Method of Preparation
Learning and understanding concepts, and applying these to problem solving. Practice makes it easier to solve question paper within the given time.