Study Material for T.Y.B.Com Mumbai University

Hello sir I am Monica, can you please provide me study material of the T.Y.B.Com of Financial Accounting and Auditing Paper- III of Mumbai University???

[Raman Vij]

University of Mumbai was founded on July 18, 1857 by John Wilson

It is one of the first three state universities in India and the oldest in Maharashtra

Here as per your demand I am providing you study material of the T.Y.B.Com of Financial Accounting and Auditing Paper- III

Section 1 Module:
1. Amalgamation of Companies (w.r.t AS-14, Excluding inter Company holdings)
2. Capitals Reduction & Internal Reconstruction
3. Investment Accounting w.r.t. AS 13
4 Preparations of Final Accounts of Companies
5 Introduction to IFRS

Section 2 Module:
1 Final accounts of Co-operative Housing Society
2 Ascertainment and Treatment of Profit Prior to Incorporation
3 Valuation of Goodwill and Shares
4 Accounting for Translation of Foreign Currency Transactions. Vide AS-11 (Excluding foreign Branches & forward Exchange Contracts & Headings Contracts)
5 Buy Back of Equity Shares

Contact Details:
University of Mumbai

CST Road, Kalina, Santacruz East, Mumbai,
Maharashtra 400098
Phone: 022 2654 3000

Can you provide me the study material/ syllabus of TY (Third Year) B.Com Accountancy Program offered by University of Mumbai?

[pooja]

The study material/ syllabus of TY (Third Year) B.Com Accountancy Program offered by University of Mumbai is as follows:

T.Y.B.Com (Financial Accounting and Auditing Paper-III)

Modules / Units

1 Amalgamation of Companies (w.r.t. AS 14) (Excluding Intercompany Holdings)
(i) In the nature of merger and purchase with corresponding accounting treatments of pooling of interests and purchase methods respectively
(ii) Computation and meaning of purchase consideration
(iii) Problems based on purchase method of accounting only

2 Capital Reduction and Internal Reconstruction
(i) Need for reconstruction and Company Law provisions
(ii) Distinction between internal and external reconstructions
(iii) Methods including alteration of share capital, variation of shareholder rights, sub division, consolidation, surrender and reissue/cancellation, reduction of share capital, with relevant legal provisions and accounting treatments for same

3 Investment Accounting w.r.t. AS -13
3.1 (a) For Shares (Variable income bearing securities)
(b) For Debentures, bonds etc. (Fixed Income bearing securities)
3.2 Accounting for transactions of purchase and sales of investments with ex and cum interest prices and finding cost of investment sold and carrying cost as per weighted average method
3.3 Columnar format for investment account

4 Preparation of Final Accounts of Companies
(i) Relevant provisions of Companies Act related Final Account (excluding cash flow statement)
(ii) Preparation of profit and loss a/c and balance sheet as per revised schedule VI of - Companies act 1956
(iii) AS 1 in relation to final accounts of companies (disclosure of accounting policies)

5 Introduction to IFRS
(i) Purpose and objectives of Financial statements Its framework Its Assumptions, characteristics, elements, recognition and measurement
(ii) Convergence and first time adoption of IFRS [IFRS 1]


Syllabus TY(Third Year) B.Com Accountancy University of Mumbai