Chaudhary Charan Singh University, UP, General , Financial Accounting Syllabus

PAPER – III

FINANCIAL ACCOUNTING (C-103)

Unit I: Introduction to Accounting standards and IFRS, Human Resource Accounting, Inflation Accounting and Responsibility Accounting Theoretical concept only.

Unit II: Insolvency Accounts: Individual & Partnership firm (as per IBC_2016)

Unit III: Branch Accounts: Dependent Branch; Debtors system, Stock and debtors system; Final accounts system;Wholesale branch; Independent branch; Foreign branch;Departmental Accounts.

Unit IV: Hire – purchase and installment purchase system; Meaning of hire – purchase contract; legal provision regarding hire – purchase contract; Accounting records for goods of substantial sale values, and Accounting records for goods of small values ; Installment purchase system; After sales services.

Unit V: Royalties Accounts : Insurance claims