BMS: Financial Accounting - Notes Study

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Unit 1 Preparation of Final Accounts of Companies
Relevant provision of Companies Act related to preparation of Final Accounts	VIEW
Preparation of Financial statements as per Companies Act	VIEW
AS1 in relation to final accounts of companies	VIEW

Unit 2 Underwriting of Shares and Debentures
Underwriting	VIEW
Underwriting of Shares, Debentures	VIEW
Underwriting Commission, Provision of companies Act. with respect to Payment of underwriting commission	VIEW
Underwriters, Sub-underwrites, Brokers and Managers to issues	VIEW
Types of Underwriting, Abatement Clause	VIEW
Market, Unmarked and Firm-underwriting applications	VIEW
Liability of the underwriters in respect of underwriting contract	VIEW

Unit 3 Accounting of Transactions of Foreign Currency
In Relation to purchase and Sale of goods, Services, assets loan and Credit transactions	VIEW
Computation and Treatment of exchange rate Differences	VIEW

Unit 4 Investment Accounting (w.r.t Accounting Standard-13) {Book}
Investment Accounting for Shares (Variable income bearing securities)	VIEW
Investment Accounting for Debentures/Preference Shares (fixed income bearing securities)	VIEW
Accounting for transactions of purchase and Sale of investments with ex and cum interest prices	VIEW
Finding cost of investment sold and carrying cost as per weighted average method	VIEW
Columnar format for investment Account	VIEW

Unit 5 Ethical Behaviour and Implications for AccounT
Introduction, Meaning of Ethical Behaviour in Accounts	VIEW
Financial Reports: Link between law, corporate governance, CSR and ethics	VIEW
Need of ethical behavior in accounting profession	VIEW
Implication of ethical values for the principles versus rule-based approaches to accounting Standards	VIEW
The principle-based approach and ethics	VIEW
The accounting standard setting process and ethics	VIEW
The IFAC code of ethics for Professional Accountants	VIEW
Contents of Research report in Ethical Practices	VIEW
Implications of unethical behavior for financial reports	VIEW
Company code of ethics	VIEW
The increasing role of Whistle-Blowing	VIEW