Problems and Solutions in Advanced Accounting (Applicable for May 2023 Examination & Onwards) (CA Inter)

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Description
For a thorough grasp on the subject of Accounting, adequate practice is required which involves conceptual knowledge and practicing variety of numerical problems. In light of the changes in Companies Act, 2013 and its impact on accounting it is very important that information about terms, accounting conventions and concepts along with relevant provisions of law is handy to the student while working on accountancy problems.
The present book is specially designed to enable the students to acquire conceptual base through variety of questions. In each chapter various sections have been introduced so that the student understands the types of problems he/she can confront in the exam. This will test the student in identifying his weakness areas whereupon he can take corrective action. Questions have been taken from the latest examination papers of the various Universities and Professional Bodies. The book has been specially designed for the students studying at the CA (Inter) level of Institute of Chartered Accountants of India. It can also be used for other professional courses. This book has been thoroughly revised keeping in view the latest changes. Salient Features of the book:
1. Deals with Problems and solutions for all chapters in the course.
2. Arrangement in each chapter is:
(a) From simple problems to advanced problems in a chronological manner.
(b) Each chapter is further subdivided in various sections to develop the concepts in a logical flow.
3. (Each chapter has a "Table of Index' for quick reference - indicating the no. of questions in each
section)
4. Questions from last 22 past examinations conducted by ICAI, RTP's (Revisionary Test Papers),
MTP's (Mock Test Papers) and other professional bodies have been incorporated to provide an
extensive understanding of each and every topic and simultaneously providing an extensive practice.
5. The book is updated for the latest changes in accounting and the Companies Act, 2013.
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Contents
Chapter 1 : Application of Accounting Standards
AS-4 Contingencies & Events Occurring after the Balance sheet Date
AS-5 Net Profit or Loss for the Period, Prior Period items and change in Accounting Policies
AS-7 Constitution Contracts
AS-9 Revenue Recognition
AS-14 Amalgamation
AS-17 Segment Reporting
AS-18 Related Party Disclosures
AS-19 Leases
AS-20 Earning per share
AS-22 Accounting for Taxes on income
AS-24 Discontinuing Operations
AS-26 Intangible Assets
AS-29 'Provisions, Contingent Liabilities and Contingent Assets
Chapter 2 : Partnership
Chapter 3 : Accounting for ESOP
Chapter 4 : Buy-back & Equity shares with Differential Rights
Chapter 5 : Amalgamation
Chapter 6 : Internal Reconstruction
Chapter 7 : Liquidation
Chapter 8 : Banking
Chapter 9 : NBFC
Chapter 10 : Consolidated Financial Statement
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Author Details
CA Parveen Sharma, B.Com (H), F.C.A, A.C.M.A, C.S Post Graduation in Accounting Standards, US GAAP & Certified Valuer
CA Kapileshwar Bhalla, B.Com (Hons), FCA