CA-IPCC Accounting by CA D. G. SHARMA

Course Discontinued

This course is no longer available and has been discontinued

Topic Name	Faculty	Topic Length
Introduction, Basic Accounting Process & Advice by Sir: Self introduction by faculty, Comment on course & approach of study, Basic Accounting process explained, Concluding lecture & song by Sir Advice given by faculty on study approach, behavior, motivation etc during the course of teaching at various point of time. Important Accounting aspects explained like Bad debt accounting, Stock accounting, Depreciation & Effect of profit earned on cash/net current assets.	CA D. G. SHARMA	317 mins
Self Balancing Self balancing system explained. Debtors Ledger Adjustment A/c, Creditors Ledger Adjustment A/c and General Ledger Adjustment A/c Transactions not affecting control accounts. Rectification entry in self balancing Bills of exchange in self balancing Sectional balancing explained Secrete ledger explained	CA D. G. SHARMA	420 mins
Average Due Date Average due date explained. Calculation of ADD, Interest with the help of ADD Calculation of Due date, Days of Grace, Effect of holidays. Interest on Drawings by ADD ADD by simple formula when installments are of equal amount	CA D. G. SHARMA	217 mins
Account Current Account current explained. Account current by product of transaction method. Account current by product of balance method. Red-ink interest method Epoque method.	CA D. G. SHARMA	268 mins
Account from Incomplete Records (Single entry): Statement of affairs method explained. Profit ascertained. Variety of Problems on statement of affairs method. Variety of Problems on completed account method. Trading Profit & Loss Account & Balance sheet prepared. Ratio based questions. Problem on Sales on approval.	CA D. G. SHARMA	782 mins
Final Accounts of Not for Profit Organisation (Charitable organisation): Introduction of chapter. Subscription Account. Income & Expenditure Account & Balance sheet prepared from Receipt Payment Account & Information. Receipt Payment Account & Balance sheet prepared from Income & Expenditure Account & Information. Specific purpose fund accounts explained. Final Account of Hospital. Final Account of Educational Institute. Fund Based accounting explained.	CA D. G. SHARMA	774 mins
Insurance Claim Claim calculation under Stock Policy explained with variety of problems. Claim calculation under Profit Policy (Consequential loss policy) explained with variety of problems. Explanation of basis/reasoning of various calculations under Profit Policy (Consequential loss policy).	CA D. G. SHARMA	504 mins
Hire Purchase Hire purchase explained. Interest calculation by sum of digits method, Cash price calculation by reverse calculation as well as by PVF Accounting in the books of Purchaser by all the methods, Accounting for full and partial repossession of goods. Accounting in the books of Vendor (Seller) by all the methods, Accounting for full and partial repossession of goods. Accounting for Provision for free maintenance.	CA D. G. SHARMA	518 mins
Partnership Accounts Introduction of chapter, Provisions of Partnership law, Calculation of new ratios under various alternatives. Goodwill calculation by various methods & Accounting by alternative methods, Inference of Goodwill. Change in constitution explained. Capital account adjustment explained. Variety of Problems involving Admission, Retirement and Death of partners. Claim of outgoing partner u/s 37. Joint life policy explained. Profit & Loss appropriation, Direct sharing of fees.	CA D. G. SHARMA	911 mins
Shares-Advanced Issues and Bonus shares Alteration of Share Capital, Reduction of Share Capital, Conversion of Share Capital. Conversion of share in to stock and stock in to shares. Conversion and Redemption of Preference shares. Bonus issue- Conversion of partly paid in to fully paid by bonus and issue of fully paid bonus shares, Reservation of bonus on convertible debentures.	CA D. G. SHARMA	165 mins
Profit Prior to Incorporation Profit prior to incorporation explained. Sales & Time ratio calculation. Variety of problems on calculation of Pre & Post incorporation.	CA D. G. SHARMA	198 mins
Company Financial Statements Variety of problems on Profit & Loss account and Balancesheet as per Schedule III. Distribution of profit, Managerial remuneration, Effective capital. Important points of Schedule III explained.	CA D. G. SHARMA	400 mins
Investment Accounts Investment accounting explained. Ex-interest, Cum-interest, Cost of investment. Investment Account of Debt Securities Investment Account of Shares, Rights shares, Bonus shares, Dividend income.	CA D. G. SHARMA	412 mins
Cash Flow Statement Cash flow statement explained. Cash Flow Statement by Direct method: Variety of problems. Cash Flow Statement by Indirect method: Variety of problems.	CA D. G. SHARMA	474 mins
Amalgamation Amalgamation explained. Purchase Consideration on Payment basis, Asset basis etc Accounting by Purchaser (Transferee Co.), Entry and Balancesheet by Purchase method and Pooling of interest method. Accounting by Vendor (Transferor Co.) Entry, Accounts. Adjustment for Inter-co. stock, Inter co. debt	CA D. G. SHARMA	582 mins
Internal Reconstruction Internal reconstruction explained. Variety of Problems covering Entry, Account & Balancesheet.	CA D. G. SHARMA	174 mins
Accounting Standards Introduction of AS. Covers explanation, illustration, exam problems on AS-1, AS-2, AS-3, AS-7, AS-9, AS-10, AS-13 & AS-14 taught with the help of Power Point Presentation. Amendment in AS-2, AS-13 and AS-14	CA D. G. SHARMA	552 mins

Accounting by CA D. G. Sharma in the CA Intermediate level aims to familiarize the students with the application of the concepts, principles, and, most importantly, the procedures of accounting. In this course, the aspirant is acquainted with the framing and working of accounting standards, preparing financial statements of various business entities, solving cases relating to sole proprietorships, partnerships, and companies. Particular emphasis is laid on covering the various aspects related to company and partnership accounts. An overview of the computerized accounting system is also provided. Overall, the paper on Accounting aims to provide a sound knowledge of various accounting tools and ensure their effective usage in a practical environment.

Meet Your Instructor

CA D. G. SHARMA

B.COM,FCA,LICENTIATE CS,GRAD.CWA

CA D. G. SHARMA is a Practicing Chartered Accountant. He has qualified the exam of all the three premier professional institutes ICAI, ICAI (Institute of Cost Accountants of India) & ICSI.
He has been teaching Accounts, Financial Management and Costing to CA students at Foundation (now CPT), Inter (now IPCC) & Final levels for the last twenty eight years.
He is a Founder Member, Faculty & Director of Central Academy of Professional Studies (CAPS), Nagpur, a premier institution for imparting quality professional education in central India.
He has given lectures in various seminars organised by the Nagpur Branch of ICAI.