Dear Students,
I had earlier proposed a Study plan for IPCC students for Accounting, Advanced Accounting , Costing & Fm on Nov 21st in the forum. till December 5th. Here's is the next phase study plan for the above subjects from Today to Jan 15th. This is a recommended plan and students can customize to their need. Any doubts on these topics - please feel to reach out to me at satmai45 @ gmail.com
For Bangalore Students - I had announced fortnightly - sundays evening Accounting standard Free sessions - no one turned up yesterday. Students willing to avail this opportunity can reach out to me in my email id above
All the best and hope your momentum for May 12 - IPCC has started
Regards, Satish - Tejas Learning Centre - Bangalore - HSR Layout
Accounting Standards
Revise AS 2 & 3
Reading AS 6 & 10
Partnership (Admission/Retirement/Death) –
Goodwill Treatment, How to draw revaluation account, SacrificingRatio, Gaining Ratio,Treatment of JLP - In case of Death, Goodwill - Super profit, Average Profit.
Insurance Claims
Hire Purchase Accounts
Accounting Standards.
Revise - AS 4, 29 & 20
Amalgamation & Absorption
• AS 14
• How to calculate Purchase Consideration
• Condition for Merger & Purchase
• Statutory Reserves
• Goodwill
Electricity Company
Replacement of Assets
Capital Base, Reasonable Return, Clear Profit, Disposal of Surplus
Departmental Accounts
Branch Accounts (Basic Problems)
• Stock & Debtors
• Foreign Branch
Partnership - Dissolution
Dissolution - when partners are solvent
Dissolution - When one partner is insolvent - Application of Garner v Murray
Piecemeal distribution a) Maximum Loss method b) Highest relative capital method
Material
ROL,Max level, Min Level, Saftey Stock, Average level, ROQ,
Labor Incentive System
Process Costing
Normal Loss, Abnormal Loss, Stock valuation (FIFO,WAC),Equivalent Production
Operation Costing
Standard Costing
Material, Labor, Variable OH,Fixed OH,
Financial Management
Time value of Money
Cost of Capital
Capital Structure Theories
CAclubindia
