Dr S N Maheshwari is presently Professor Emeritus & Academic Director, Delhi Institute of Advanced Studies, Delhi. He is also the Chairman, Indian Society of Accounting and Management, New Delhi.
Dr Suneel K Maheshwari is presently Professor of Accounting, Eberly College of Business and Information Technology, Indiana University of Pennsylvania, U.S.A. he has also been a management consultant to many corporate-sector giants, like Holiday Inn and TCS.
Mr. Sharad K Maheshwari is a highly qualied business professional with around 25 years of experience at senior management positions and as a Consultant. He is an accomplished Chartered Accountant, a Cost & Management Accountant, a Company Secretary, a CPA from Australia and a CMA from USA.
Chapter 1: Insurance Claims for Loss of Stock and Loss of Profit
Loss of Stock
Loss of Profits or Consequential Loss
Practical Problems Chapter 2: Hire Purchase and Instalment Purchase Accounting
Concept of Hire Purchase
Formation of the Purchase Agreement
Instalment Purchase System
Difference between Hire Purchase
System and Instalments Purchase System
Chapter 3: Departmental Accounts
Utility of Departmental Accounts
Maintenance of Columnar Subsidiary Books
Departmentalisation of Expenses
Types of Problems
Chapter 4: Accounting for Branches
Types of Branches
Accounting Standard 11 (Revised 2003)
Indian Accounting Standard (Ind AS) 21—Effects of Changes in Foreign Exchange Rates
Use of a Presentation Currency other than the Functional Currency
Difference between AS 11 and Ind AS 21
Chapter 5: Single Entry System
Difference between Single Entry and Double Entry Systems
Computation of Profit
- Covers the course curriculum requirements of Advanced Financial Accounting for B.Com. students as per NEP 2020.
- Includes concise chapters - each chapter covering a specific topic for better grasp of the subject.
- Presents the subject matter in such a manner that students have total conceptual clarity.
- Develops remembering, understanding, thinking, analysing and evaluating skills of students through a variety of questions and problems as per B.Com. curriculum requirements.
Strictly according to the Karnataka State Higher Education Council (KSHEC) Curriculum Framework