The Stranger Books

Accountancy and Financial Management FYBCOM – I Semester I Manan Prakashan


+ Shipping
SKU: N/A Categories: ,
Accountancy and Financial Management FYBCOM – I
FYBCOM  Manan Prakashan
Semester I
Module 1 : Accounting Standards issued by ICAI and Inventory Valuation    (15 Lec.)
l Accounting Standards:
Concepts, Benefits, Procedures for Issue of Accounting Standards
Various AS :
AS – 1 : Disclosure of Accounting Policies
(a) Purpose (b) Areas of Policies (c) Disclosure of Policies (d) Disclosure of Change in Policies (e) Illustrations
AS – 2 : Valuation of Inventories (Stock)
(a) Meaning, Definition (b) Applicability (c) Measurement of Inventory
(d) Disclosure in Final Account (e) Explanation with Illustrations.
AS – 9 : Revenue Recognition
(a) Meaning and Scope (b) Transactions excluded (c) Sale of Goods (d) Rendering of Services (e) Effects of Uncertainties (f) Disclosure (g) Illustrations
l Inventory Valuation
Meaning of Inventories
Cost for Inventory Valuation
Inventory Systems : Periodic Inventory System and Perpetual Inventory Systems
Valuation : Meaning and Importance
Methods of Stock Valuation as per AS – 2 : FIFO and Weighted Average Method
Computation of Valuation of Inventory as on balance sheet date: If an inventory is taken on a date after the balance sheet or before the balance sheet
Module 2 : Final Accounts (15 Lec.)
Expenditure : Capital, Revenue
Receipts : Capital, Revenue
Adjustment and Closing Entries
Final Accounts of Manufacturing Concerns ( Proprietary Firm)
Module 3 : Departmental Accounts (15 Lec.)
Basis of Allocation of Expenses and Incomes/Receipts
Inter-Departmental Transfer : at Cost Price and Invoice Price
Stock Reserve
Departmental Trading and Profit & Loss Account and Balance Sheet
Module 4 : Accounting For Hire Purchase (15 Lec.)
Calculation of interest
Accounting for hire purchase transactions by asset purchase method based on full cash price
Journal entries, ledger accounts and disclosure in the balance sheet for hirer and vendor (excluding default, repossession and calculation of cash price)

Additional Information


BOARD Mumbai University
ISBN 978-93-88626-84-2
AUTHOR Ainapure & Ainapure
PUBLISHER Manan Prakashan
ED Fourth
SUBJECT Accountancy and Financial Management FYBCOM

New Books, Old Books


There are no reviews yet.

Only logged in customers who have purchased this product may leave a review.

Shopping Cart

You cannot copy the content of this page content is protected by The Stranger Books

Scroll to Top
Scroll to Top