CA-IPCC Advanced Accounting by CA D. G. SHARMA

In Group-1 of IPCC, one has already been familiarized with the fundamental concepts, including Accounting Standards and preparation of financial statements. In Advanced Accounting by CA D. G. Sharma, the ideas are dealt with in more detail such that the student is well equipped to solve advanced problems in the case of different entities. The paper is structured in such a way that it covers the remaining Accounting Standards that were out of the scope of Group-1 Accounting; practical problems based on the application of AS are also dealt with in detail. Herein, advanced issues in partnership accounts and limited liability partnerships are also covered. The paper further explores the various aspects of a Company Account: advanced problems for business acquisition, amalgamation, reconstruction, liquidation of companies, etc.