This course equips the students with the ability and strength to score high in the subject of Advanced Accounting of the Intermediate Course of the ICAI. The course consists of the following topics.
- Introduction to Accounting Standards
- Framework for Preparation and Presentation of Financial Statements
- Applicability of Accounting Standards
- Presentation and Disclosures Based Accounting Standards
- AS 1 - Disclosure of Accounting Policies
- AS 3 Cash Flow Statement
- AS 17 Segment Reporting
- AS 18 Related Party Disclosures
- AS 20 Earnings Per Share
- AS 24 Discontinuing Operations
- AS 25 Interim Financial Reporting
- Assets Based Accounting Standards
- AS 2 Valuation of Inventory
- AS 10 Property, Plant and Equipment
- AS 13 Accounting for Investments
- AS 16 Borrowing Costs
- AS 19 Leases
- AS 26 Intangible Assets
- AS 28 Impairment of Assets
- Liabilities Based Accounting Standards
- AS 15 Employee Benefits
- AS 29 (Revised) Provisions, Contingent Liabilities and Contingent Assets
- Accounting Standards based on Items Impacting Financial Statement
- AS 4 Contingencies and Events occurring after the Balance Sheet Date
- AS 5 Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
- AS 11 The Effects of Changes in Foreign Exchange Rates
- AS 22 Accounting for Taxes on Income
- Revenue Based Accounting Standards
- AS 7 Construction Contracts
- AS9 Revenue Recognition
- Other Accounting Standards
- AS 12 Accounting for Government Grants
- AS 14 Accounting for Amalgamations
- Accounting Standards for Consolidated Financial Statement
- AS 21 Consolidated Financial Statements
- AS 23 Accounting for Investments in Consolidated Financial Statements
- AS 27 Financial Reporting of Interests in Joint Ventures
- Financial Statements of Companies
- Preparation of Financial Statements
- Cash Flow Statement
- Annexure
- Buyback of Securities
- Amalgamation of Companies
- Accounting for Reconstruction Companies
- Accounting for Branches including Foreign Branches