Financial Accounting-Vol. III has been designed in accordance with the latest syllabus of University of Calcutta. It will serve the requirements of the third year students of B.Com (Hons & General courses) from University of Calcutta besides being equally effective for other West Bengal State Universities and Professional examinations. It presents the core concepts of advanced financial accounting (precisely the corporate accounting) in a lucid and easy-to-understand manner.

This book has been revised in light of the changes brought about in Schedule III of the Companies Act, 2013 and new Accounting Standards. Besides this, solutions for 2016 University of Calcutta question papers have also been included.

As in the previous edition, utmost care has been taken to make the book well-balanced with text and problems. More than 300 solved problems that are interspersed within the text to help students develop a good understanding of the subject are thoroughly revised and updated. In addition, a variety of chapter-end exercises, including multiple choice questions, have been provided for the benefit of the users of this book. Special emphasis has been given to problems set for various university examinations.

Chapter 1: Investment Accounts
Chapter 2: Profit or Loss Prior to Incorporation
Chapter 3: Accounting for Acquisition of Business
Chapter 4: Conversion of Partnership into Limited Company
Chapter 5: Amalgamation of Firms
Chapter 6: Amalgamation
Chapter 7: Capital Reduction/Internal Reconstruction
Chapter 8: Valuation of Goodwill & Shares
Chapter 9: Holding Company
Chapter 10: Introduction to Accounting Theory
Chapter 11: Introduction to Financial Statements
Chapter 12: Ratio
Chapter 13: Fund Flow Statement
Chapter 14: Cash Flow Statement

• Suggested Answers for CU B.Com (Hons) Question Paper - 2016