ICFAI University question paper financial accounting

You can provide me the model question paper of financial accounting course of ICFAI University because I have need of model question paper of financial accounting course for do prepation of its current entrance exam prepation so tell me about this

[Shaleen]

The question paper of the ICFAI University financial accounting is as given below:

1. The dividend declared by the Board of Directors between two annual general meetings is called as
(a) Proposed dividend
(b) Final dividend
(c) Interim dividend
(d) Declared dividend
(e) Unpaid dividend.

2. In which of the following situations, price earnings ratio is applied?
(a) To determine the financial risk of a business entity
(b) To determine the expected market price of the shares of a company
(c) To assess the earning potential of a company in the near future
(d) To examine the operational efficiency of a company
(e) To check how efficiently the assets are utilized by a firm.

3. If the holding company receives dividend out of pre-acquisition profits of the subsidiary company, it will be
(a) Credited to the capital reserve account
(b) Debited to the capital reserve account
(c) Credited to the consolidated profit and loss account
(d) Debited to the consolidated profit and loss account
(e) Ignored completely.

4. Which of the following items could appear in a company’s cash flow statement?
(a) Proposed dividends
(b) Forfeiture of shares
(c) Bonus issue of shares
(d) Repayment of loan
(e) Conversion of debentures into equity shares.

For the detailed paper here is attachment:

Hi,
I'm BBA Studant & working in corporate firm.

It is requested to Please send me the objective questionnaires "" ICFAI Quantitative Methods(BBA)(Bcom)(BS)-01""
for the preparation exam.
My Email - harsh.chauhan1984@gmail.com

Can you provide me the syllabus of MBA (Master in Business Administration) - Group B - Financial Accounting Paper offered by ICFAI University on which the question paper is based?

[Neelu Bhasin]

The syllabus of MBA (Master in Business Administration) - Group B - Financial Accounting Paper offered by ICFAI University on which the question paper is based is as follows:


The MBA Program - Curriculum

Group B

Financial Accounting – Paper I


Introduction to Accounting and Financial Statements: Meaning of Accounting – Financial Statements – Form and Contents of Financial Statements – Users of Financial Statements – Double Entry System of Financial Accounting – Concept of Capital and Income – Generally accepted Accounting Principles, Conventions and Concepts – Financial Reporting.

Accounting Standards: Accounting Standards – International and Indian – The Importance of Accounting Standards – Auditor’s Duties in Relation to Accounting Standards – Accounting Standards Issued by the Accounting Standards Board of the ICAI.

Accounting Mechanics: Basic Records: Symbols for Sources and Uses – Types of Accounts – Books of Accounts – A Conceptual Framework of Financial Accounting – Recording the Transaction in the Various Books – Ledger Posting – Bank Reconciliation Statement.

Preparation of Financial Statements: Trial Balance and Adjustments: Preparation of a Trial Balance from General Ledger Balances – Detecting Errors Revealed and Concealed by a Trial Balance – Passing Adjustment Entries – Creating Provisions for Doubtful Receivables, Discounts, etc.

Preparation of Financial Statements: Profit and Loss Account: Preparation of Profit and Loss Account from a given Trial Balance – Distinction between Capital and Revenue Expenditure – Preparation of Profit and Loss Account giving Double Effect to Adjustments given Outside the Trial Balance.

Preparation of Financial Statements: Balance Sheet: Preparation of Balance Sheet – Limitations of Balance Sheet – Vertical form of Financial Statement – Analysis of Balance Sheet.

Accounting Aspects of Investment Decisions: Inventory Pricing – Flow of Inventory Costs – Principal Methods of Inventory Valuation – Perpetual and Periodic Inventory Valuation Methods – Revenue Recognition – Accounting for Fixed Assets – Depreciation Methods – Intangible Assets – Goodwill – Valuation of Goodwill.

Accounting Aspects of Financing Decisions: Accounting Treatment for Issue of Shares – Issue of Shares at a Premium/Discount – Issue of Bonus Shares – Issue of Rights Shares – Redemption of Preference Shares – Underwriting Commission and Brokerage on Shares and Debentures – Brokerage on Shares – Valuation of Shares – Issue of Debentures – Redemption of Debentures – Interest on Debentures – Writing off the Loss on Issue of Debentures – Methods of Redemption.


Financial Accounting – Paper II


Accounting Aspects of Mergers and Acquisitions: The Meaning and Nature of Amalgamation – The Methods of Accounting for Amalgamations – Journalizing the Transactions in the Books of the Transferor and the Transferee – Preparation of Financial Statements after Merger/Acquisition – Special Adjustment Entries for Inter-company Owings and Holdings – Accounting Standard – 14.

Consolidated Accounts of Holding and Subsidiary Companies: Holding and Subsidiary Companies – Definition and Legal Requirements for Preparation of Accounts – Consolidation of Financial Statements – Accounting Standards related to Consolidation of Accounts – International Accounting Standard (IAS 27) – US GAAP – Overview – Consolidation Issues.

Preparation of Financial Statements of Limited Companies: Requirements of the Companies Act for Presentation of Profit and Loss Account and Balance Sheet of a Company – Treatment of Special Items, relating to Company Final Accounts – Profit and Loss Appropriation Account –Changes in the Companies Bill, 1993.

Financial Statement Analysis: The Principal Tools of Analysis – Ratio Analysis – Different Types of Ratios and their Significance – Problems Encountered in Financial Statement Analysis.

Funds Flow Analysis: Concept of Funds Flow Statement – Significance of a Funds Flow Statement.

Financial Forecasting: Need for Forecasting – Pro forma Financial Statements – Other Pro forma Statements.

US GAAP: US GAAP – Differences between US GAAP and Accounting Standards.

Current Developments and Enterprise Resource Planning: Concept of Value-Added – Computation of Value-Added, Value-Added Ratios – Concept of Economic Value-Added – Brand Valuation and Accounting – Enterprise Resource Planning.