B.Com. (Accounting and Finance) Financial Accounting III Syllabus - Mumbai University
This is the SY BAF syllabus under NEP 2020, in force from the academic year 2025-26. 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.
Loading syllabus...
Syllabus for Financial Accounting - III
Module I: Amalgamation of Firms
- Introduction: Meaning, Concept and Case studies.
- Types of amalgamation – merger and purchase.
- Accounting for amalgamation – Pooling of interest method and purchase method.
- Computation of Purchase consideration.
- Journal/Ledger accounts of old firms
- Preparing Balance sheet of new firm
- Treatment of goodwill arising on amalgamation.
Module II: Conversion / Sale of a Partnership Firm into a Ltd. Company
- Provisions related to Conversion/ Sale by use of Realisation method only.
- Calculation of New Purchase consideration.
- Preparation of Journal / Ledger Accounts of old firms.
- Preparing Balance sheet of new company
Module III: Accounting for Limited Liability Partnership
- Meaning of Term Limited Liability Partnership, its need, scope and advantages
- Relevant Definitions under Section 2 of the LLP Act, 2008
- Incorporation of LLP, Partners and their relations.
- Financial disclosures related to Limited Liability Partnership.
- Conversion of partnership business into Limited Liability Partnership
- Differences with other forms of organization
- Preparing Final Accounts of Limited Liability Partnership.
Module IV: Ascertainment and Treatment of Profit Prior to Incorporation
- Introduction to Pre and Post Incorporation.
- Basis of Apportionment between Pre and Post Incorporation Period.
- Computation of Pre and Post Incorporation Profit/ Loss
- Treatment of Pre and Post Incorporation Profit/ Loss
Text Books
- 1 Introduction to Accountancy by T.S. Grewal, S. Chand and Company (P) Ltd., New Delhi.
- 2 Advance Accounts by Shukla and Grewal, S. Chand and Company (P) Ltd., 10 New Delhi
- 3 Advanced Accountancy by R.L Gupta and M. Radhaswamy, S. Chand and Company (P) Ltd., New Delhi
- 4 Modern Accountancy by Mukherjee and Hanif, Tata Mc. Grow Hill and Co. Ltd., Mumbai
- 1 Financial Accounting for Management by Dr. Dinesh Harsalekar, Multi-Tech. Publishing Co. Ltd., Mumbai 11 2. Financial Accounting by P.C. Tulsian, Pearson Publications, New Delhi
- 3 Indian Accounting Standards, Ashish Bhattacharya, Tata Mc. Grow Hill and Co. Ltd., Mumbai
- 4 Financial Accounting by V. Rajasekaran, Pearson Publications, New Delhi External, Semester End Examination Internal Continuous Assessment: 40% 12 60% Individual Passing in Internal and External Examination
Reproduced from the University of Mumbai syllabus for B.Com. (Accounting & Finance) under NEP 2020, in force from the academic year 2025-26. 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.