It is currently Sat May 19, 2012 5:40 am
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Financial Accounting
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- 2 Posts
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Last post by pramodroopgund
Wed Feb 15, 2012 12:17 pm
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Accounting for Partnership Firms-Fundamentals
Partnership : features, Partnership deed.
• Provisions of the Indian Partnership Act 1932 in the absence of partnership deed.
• Fixed v/s fluctuating capital accounts, division of profit among partners, guarantee of profits,
past adjustments (relating to interest on capital, interest on drawing, salary and profit sharing
ratio), preparation of P&L Appropriation account.
• Goodwill: nature, factors affecting and methods of valuation - average profit, super profit,
and capitalization
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Analysis of Financial Statements
Financial statements of a company: balance sheet of a company in the prescribed form
with major headings and sub headings (as per schedule VI to the Companies Act 1956).
• Financial Statement Analysis: objectives and limitations.
• Tools for Financial Statement Analysis: comparative statements, common size statements,
cash flow analysis, ratio analysis.
• Accounting Ratios: objectives and classification.
• Liquidity ratios: current ratio and quick ratio.
• Solvency Ratios: Debt to Equity Ratio, Total Asset to Debt Ratio, Proprietary Ratio,
Interest Coverage Ratio.
• Activity ratios: Stock Turnover Ratio, Debtors Turnover Ratio, Creditors Turnover Ratio,
Working Capital Turnover Ratio.
• Profitability Ratios : Gross Profit Ratio, Operating Ratio, Operating Profit Ratio, Net
Profit Ratio and Return on Investment.
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COMPANY ACCOUNTS
This aims to discuss the company any doubts can be posted here
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Accounting for Partnership firms - Reconstitution and Dissolution
Change in the Profit Sharing Ratio among the existing partners - sacrificing ratio, gaining
ratio. Accounting for revaluation of assets and re-assessment of liabilities and distribution
of reserves and accumulated profits.
• Admission of a partner - effect of admission of a partner on change in the profit sharing
ratio, treatment of goodwill (as per AS 26), treatment for revaluation of assets and re -
assessment of liabilities, treatment of reserves and accumulated profits, adjustment of capital
accounts and preparation of balance sheet
• Retirement and death of a partner: effect of retirement /death of a partner on change in
profit sharing ratio, treatment of goodwill, treatment for revaluation of assets and re -
assessment of liabilities, adjustment of accumulated profits and reserves. calculation of
deceased partner's share of profit till the date of death. Preparation of deceased partner's
capital account, executor's account and preparation of balance sheet
• Dissolution of partnership firms: types of dissolution of firm. Settlement of accounts -
preparation of realization account, and other related accounts (excluding piecemeal
distribution, sale to a company and insolvency of partner's firm) .
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Accounting for Share Capital
• Share and share capital : nature and types
• Accounting for share capital: issue and allotment of equity shares, private placement of
shares, Public subscription of shares - over subscription and under subscription of shares;
Issue at par and at premium and at discount, calls in advance and arrears, issue of shares
for consideration other than cash.
• Accounting treatment of forfeiture and re-issue of shares.
• Disclosure of share capital in company's Balance Sheet only.
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Accounting for Debentures
Debentures: Issue of debentures at par, `at premium and at discount. Issue of debentures
for consideration other than cash, debentures as collateral security, interest on debentures
• Redemption of debentures : Lump sum, draw of lots and conversion.
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Cash Flow Statement
Meaning, objectives and preparation (as per AS 3 revised) (Indirect Method)
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Business Studies
This Forum helps you to have better understanding of class XII
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- 2 Posts
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Last post by sreenivasan
Fri Feb 10, 2012 10:41 pm
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Principles of Management
This forum intends to discuss the Introduction to Management Topics like Introduction to Management
Business Environment
Planning
Organizing
Staffing
Directing
Controlling
can be discussed in this forum
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- 3 Posts
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Last post by sreenivasan
Mon Feb 13, 2012 9:33 pm
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Business Fiance and Marketing
This forum intends to discuss the following areas
Financial Mangement
Marketing Management
Consumer Protection
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Nature and Significance of Management
The following sub-topics are proposed to be discussed in this forum
Management- concept objectives and importance
Management as Science Art and Profession
Levels of Management
Management Functions like Planning, Organizing, Staffing, Directing and Controlling
Co-ordination - concept, characteristics and importance
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- 7 Posts
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Last post by gomathinayagam
Thu Feb 23, 2012 7:40 pm
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Organising
• Concept and importance.
• Organizing Process.
• Structure of organization - functional and divisional.
• Formal and informal organization.
• Delegation: concept, elements and importance.
• Decentralization: concept and importance.
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- 2 Posts
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Last post by sreenivasan
Sat Feb 11, 2012 10:45 am
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Staffing
• Concept and importance of staffing
• Staffing as a part of Human Resource Management
• Staffing process :
• Recruitment - sources
• Selection - process
• Training and Development - Concept and importance. Methods of training- on the job
and off the job- Induction training, vestibule training, apprenticeship training and internship
training.
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- 4 Posts
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Last post by gomathinayagam
Wed Feb 22, 2012 8:15 pm
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Directing
• Concept and Importance
• Elements of Directing
- Supervision - concept, functions of a supervisor.
- Motivation - concept, Maslow’s hierarchy of needs; Financial and non-financial
incentives.
- Leadership - concept, styles - authoritative, democratic and laissen faire.
- Communication - concept , formal and informal communication; barriers to effective
communication, how to overcome the barriers.
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- 2 Posts
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Last post by gomathinayagam
Wed Feb 15, 2012 3:56 pm
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Controlling
• Concept, nature and importance
• Relationship between planning and controlling
• Steps in the process of control
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- 2 Posts
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Last post by gomathinayagam
Thu Feb 23, 2012 7:52 pm
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Financial Management
Concept and objectives of financial management.
• Financial decisions : investment, financing and dividend and factors affecting.
• Financial planning - concept and importance.
• Capital Structure - concept and factors affecting.
• Fixed and Working Capital - concept and factors affecting their requirements.
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- 2 Posts
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Last post by gomathinayagam
Wed Feb 22, 2012 8:20 pm
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Financial Markets
Financial Markets: concept and types.
• Money market and its instruments.
• Capital market and its types (primary and secondary).
• Stock Exchange - functions and training procedure. Depository Services and D'mat
Account.
• Securities and Exchange Board of India (SEBI) - objectives and functions.
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- 2 Posts
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Last post by gomathinayagam
Thu Mar 01, 2012 8:03 pm
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Marketing Management
Marketing - concept and functions.
• Marketing management philosophies.
• Marketing Mix - concept
- Product - concept, branding, labeling and packaging.
Price - factors determining price.
- Physical distribution- concept, channels of distribution: types, choice of channels.
- Promotion -concept and elements; advertising- concept, role, objections against
advertising, personal selling - concept and qualities of a good salesman, sales
promotion - concept and techniques, public relations - concept and role.
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- 2 Posts
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Last post by gomathinayagam
Thu Mar 01, 2012 7:59 pm
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Consumer Protection
• Concept and importance of consumer protection.
• Consumer Protection Act 1986
- Meaning of consumer and consumer protection.
- Rights and responsibilities of consumers
- Who can file a complaint and against whom?
- Redressal machinery.
- Remedies available.
• Consumer awareness - Role of consumer organizations and NGO's
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