Advanced Accounting- II

Unit

No.

Unit Name

Contents

1

Final Accounts

of Co-operative Societies

- Meaning and Introduction,

- Allocation of Profit as per Maharashtra State Cooperative Societies Act.

- Preparation of Final Accounts of Credit
Co-op. Societies & Consumer Co-op. Societies

2

Branch Accounting

- Concept of Branches & their Classification from Accounting Point of View.

- Accounting Treatment of Dependent Branches & Independent Branches.

- Methods of Charging Goods to Branches.

3

Recent Trends in Accounting

- Forensic Accounting

- Accounting for Corporate Social Responsibility

- Accounting for Derivative Contracts

- Artificial Intelligence in Accounting

4

Analysis of Financial Statements

- Ratio Analysis: Meaning - Objectives - Nature of Ratio analysis, Types of Ratios – Profitability, Liquidity, Leverage etc.

-  Simple Problems on following Ratios: - Gross Profit, - Net Profit, - Operating, - Stock Turnover, - Debtors Turnover, - Creditors Turnover, - Current Ratio, Liquid Ratio, - Debt- Equity Ratio, - Working Capital to Net worth, Assets Turnover Ratio.