B.Com. (Accounting and Finance) Financial Accounting II Syllabus - Mumbai University
This is the FY BAF syllabus under NEP 2020, in force from the academic year 2024-25. The University still sets the earlier Choice Based syllabus below alongside it for ATKT candidates, so check which scheme your exam form names before you revise.
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Syllabus for Financial Accounting - II
Accounting from Incomplete Records
- Introduction and meaning.
- Problems on preparation of final accounts of Proprietary Trading Concern (conversion method).
Consignment Accounts
- Introduction and Meaning.
- Accounting for consignment transactions.
- Valuation of stock, Invoicing of goods at higher price. (excluding overriding commission, normal loss and abnormal loss).
Branch Accounts
- Introduction and Meaning.
- Classification of branch.
- Accounting for Dependent Branch not maintaining full books: Debtors method and Stock & Debtors method.
Fire Insurance Claim
- Introduction and Meaning.
- Types of Losses- Loss of Life, Assets, Stock & Profit. (Theoretical Aspects)
- Computation of Loss of Stock by Fire.
- Ascertainment of Claim as per the Insurance Policy. (exclude loss of profit and consequential loss)
Reference Books
- 1 Introduction to Accountancy by T. S. Grewal, S. Chand and Company (P) Ltd., New Delhi
- 2 Advanced Accountancy by R. L Gupta and M Radhaswamy, S. Chand and Company (P) Ltd., New Delhi
- 3 Modern Accountancy by Mukherjee and Hanif, Tata Mc. Grow Hill & Co. Ltd., Mumbai Financial Accounting by Lesile Chandwichk, Pentice Hall of India Adin Bakley (P) Ltd.
- 4 Financial Accounting for Management by Dr. Dinesh Harsalekar, Multi-Tech. Publishing Co. Ltd., Mumbai.
- 5 Financial Accounting by P. C. Tulsian, Pearson Publications, New Delhi
- 6 Financial Accounting by Monga, J.R. Ahuja, Girish Ahuja and Shehgal Ashok, Mayur Paper Back
- 7 Financial Accounting by V. Rajasekaran, Pearson Publications, New Delhi.
- 8 Introduction to Financial Accounting by Horngren, Pearson Publications.
- 9 Financial Accounting by M. Mukherjee. M. Hanif. Tata McGraw Hill Education Private Ltd; New Delhi
Reproduced from the University of Mumbai syllabus for B.Com. (Accounting & Finance) under NEP 2020, in force from the academic year 2024-25. 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.