B.Com. (Accountancy) Accounting and Auditing Financial Accounting III 4 Credit Syllabus - Mumbai University
This is the TY BCom Accountancy syllabus under NEP 2020, in force from the academic year 2026-27. The University clubbed this degree with B.Com., B.Com. (Business Economics) and B.Com. (Business Management) on 25 May 2026 and now awards it as B.Com. (Commerce and Management), with Accountancy as the Major: the papers below are the ones its own Board of Studies sets, so your exam form may name the degree differently from your admission letter.
Loading syllabus...
Syllabus for Accounting and Auditing Financial Accounting - III - 4 Credit
Module I: Internal Reconstruction
- Need for reconstruction and company law provisions
- Distinction between internal and external reconstructions.
- Methods including alteration of share capital, variation of shareholder rights, sub division, consolidation, surrender and reissue / cancellation, reduction of share capital, conversion of stock into shares and vice versa with relevant legal provisions of Companies Act 2013 and accounting treatment for same.
Module II: AS – 14 - Amalgamation, Absorption & External Reconstruction (excluding intercompany holdings)
- Types of amalgamation – merger and purchase
- Accounting for amalgamation – Pooling of interest method and purchase method
- Computation of Purchase Consideration and treatment under purchase method only
- Amalgamation post balance sheet date
- Disclosure requirement of AS 14
Module III: Investment Accounting (w.r.t. Accounting Standard- 13)
- Forms and Classification of Investments
- How to compute the Cost of Investments: Current Investments, Long term Investments, Investment Properties
- Disposal of Investments
- Reclassification of Investments
- Disclosure Requirements as per AS 13
Module IV: Buy Back of Shares
- Company Law / Legal provisions (Sec 68 and Sec 70 Companies Act 2013 (including related restrictions, power, transfer to capital redemption reserve account and prohibitions)
- Compliance of conditions including sources, maximum limits and debt equity ratio.
- Cancellation of Shares Bought back (Excluding Buy Back of minority shareholding)
Reference Books
- 1 Accounting Standards Institute of Chartered Accountants of India. (2023). Accounting Standards. New Delhi: ICAI Publications. https://www.icai.org
- 2 Financial Accounting Gupta, R. L., & Radhaswamy, M. (2020). Financial Accounting (15th ed.). New Delhi: Sultan Chand & Sons. https://www.sultanchandandsons.com
- 3 Corporate Accounting Jain, S. P., & Narang, K. L. (2022). Corporate accounting: Theory and practice (8th ed.). New Delhi, India: Kalyani Publishers. https://www.kalyanipublishers.co.in
- 4 Advanced Corporate Accounting Gupta, N. K. (2021). Advanced corporate accounting (2nd ed.). New Delhi, India: McGraw Hill Education. https://www.mheducation.co.in
- 5 Financial Reporting Agarwal, A., & Agarwal, K. (2020). Financial reporting (5th ed.). New Delhi, India: Taxmann Publications. https://www.taxmann.com
Reproduced from the University of Mumbai syllabus for B.Com. (Accountancy) under NEP 2020, in force from the academic year 2026-27. Wording is as printed in that syllabus. Module numbering is as printed there too.
The complete syllabus
This subject is cut from the University circular for its year. Open a document here if you want the whole thing rather than a single subject.