Working knowledge.
| 1. | Accounting standards - relevance and significance; national and international accounting standards. |
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| 2. | Accounting for share capital transactions - issue of shares at par, at premium and at discount; forfeiture and re-issue of shares; buy-back of shares; redemption of preference shares; rights issue. |
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| 3. | Issue of debentures - accounting treatment and procedures; redemption of debentures; conversion of debentures into shares. |
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| 4. | Underwriting of issues ; acquisition of business ; profits prior to incorporation ; treatment of preliminary expenses. |
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| 5. | Preparation and presentation of final accounts of joint stock companies as per company law requirements; bonus shares. |
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| 6. | Holding and subsidiary companies – accounting treatment and disclosures; consolidation of accounts. |
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| 7. | Valuation of shares and intangible assets. |
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| 8. | Cost accounting – objectives of costing system; cost concepts and cost classification; management accounting – nature and scope; role of management accountant, tools and techniques of management accounting; distinction between financial accounting, cost accounting and management accounting. |
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| 9. | Elements of cost :| (i) | Material cost – purchase procedures, store keeping and inventory control, fixing of minimum, maximum and re-order levels, ABC analysis, pricing of receipts and issue of material and accounting thereof; accounting and control of wastage, spoilage and defectives. | | (ii) | Labour cost – classification of labour costs, payroll procedures, monetary and non–monetary incentive schemes; labour turnover and remedial measures; treatment of idle time and overtime. | | (iii) | Direct expenses – nature, collection and classification of direct expenses and its treatment. | | (iv) | Overheads – nature, classification, collection, allocation, apportionment, absorption and control of overheads. |
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| 10. | Methods of costing – unit costing, contract costing. |
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| 11. | Budgetary control – preparation of various types of budgets, advantages and limitations; budgetary control reports to management. |
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| 12. | Marginal costing – application of marginal costing; cost–volumeprofit relationship; break–even analysis, preparation of break–even charts; profit – volume graph; practical application of profit volume ratio. |
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| 13. | Analysis and interpretation of financial statements – nature, objectives; latest trends in presenting financial data; importance and limitations; accounting ratios - classification, advantages and limitations. |
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| 14. | Cash flow statements – classification of cash flows, preparation and usefulness. |
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| Title | Author | Publisher |
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| Advanced Accounts-Vol. II | M.C.Shukla, T.S. Grewal & S.C.Gupta | S.Chand |
| Company Accounts | R.L.Gupta & M Radhaswamy | Sultan Chand |
| Advanced Accountancy-Vol. II | S.P.Jain & K.L.Narang | Kalyani Publishers |
| Corporate Accounting | S.N.Maheshwari | Vikas Publishing House |
| Advanced Accounting-Vol. 2 | Ashok Sehgal & Deepak Sehgal | Taxmann’s |
| Fundamentals of Corporate Accounting | J.R.Monga | Mayur Paperbacks |
| Cost and Management Accounting | S.P.Jain & K.L.Narang | Kalyani Publishers |
| Cost and Management Accouning | M.N.Arora | Himalaya Publishing House |
| Managmenet Accountaing | R.S.N.Piallai Bhagvathi | S.Chand |
| Cost and Management Accounting | V.K.Saxena & C.D.Vashist | Sultan Chand |
| A Text Book of Cost and Management Accounting | M.N.Arora | Vikas Publishing House |
| Cost and Management Accounting | S.N.Maheshwari | Sultan Chand |
| Cost Accounting | S.N.Maheswari & S N Mittal | shree Mahavir Book Depot |
| Management Accounting | I.M.Pandey | Vikas Publishing House |
| Cost and Management Accounting – A Managerial Emphasis | C.T.Horngren | Pearson Education |
| Title | Author | Publisher |
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| International Financial Reporting Standards (IFRSs) | | Taxmann Publication |
| Indian Accounting Standards & GAPP | Dolphy D’Souza | Snow White Publications |
| Compendium of Accounting Standards | | The Institute of Chartered Accountants of India |
| Cost and Management Accounting | S.P.Lyengar | SultanChand |
| Advanced Management Accounting | Ravi M.Kishore | Taxmann Publication |
| Theory and Problems of Management and Cost Accounting | M.Y.Khan & P.K.Jain | McGraw-Hill Education |
| Advanced Management Accounting | Kaplan & Atkinson | Pearson Education |
| Cost Accounting Principles and Practice | B.M.Lall Nigam & I.C. Jain | Prentice Hall of India |
| Management and Cost Accounting | Drury Colin | International Thomson Business Press |
| Cost and Management Accounting | Duncan Willamson | Pearson Education |
| Managerial Accounting | Dominiak & Louderback | South Western College, Publishing Company |
