CLASS XII-ACCOUNTANCY-TITLE 1

Accounting for Partnership firms – Fundamentals

Accounting for Partnership firms fundamentals 1. Features of Partnership 2. Partnership deed 3. Provisions relevant for accounting 4. Maintenance of capital accounts of partners 5. Distinction between fluctuating and fixed capital accounts 6. Profit & loss appropriation account 7. Calculation of interest on capital 8. Calculation of interest on drawing 9. Guarantee of profit to a partner 10. Past adjustments 11. Illustration – I 12. Illustration – II 13. Illustration – III 14. Illustration – IV 15. Illustration – V 16. Illustration – VI 17. Illustration – VII 18. Illustration – VIII

CLASS XII-ACCOUNTANCY-TITLE 2

Reconstitution of a Partnership Firm – Admission of a Partner – Part I

Goodwill 1. Factors affecting goodwill 2. Need for valuation of goodwill 3. Average profits method 4. Super profits method 5. Capitalization method 6. Reconstitution of partnership 7. Change in profit sharing ratio 8. Illustration – I 9. Illustration – II 10. Illustration – III 11. Illustration – IV 12. Illustration – V 13. Illustration – VI 14. Illustration – VII 15. Illustration – VIII

CLASS XII-ACCOUNTANCY-TITLE 3

Reconstitution of a Partnership Firm – Admission of a Partner – Part II

Treatment of goodwill 1. Revaluation of assets & liabilities 2. Revaluation account 3. Adjustment of capital 4. Illustration – IX 5. Illustration – X 6. Illustration – XI 7. Illustration – XII 8. Illustration – XIII 9. Illustration – XIV 10. Illustration – XV 11. Illustration – XVI 12. Illustration – XVII

CLASS XII-ACCOUNTANCY-TITLE 4

Reconstitution of a Partnership Firm – Retirement/Death of a Partner

Reconstitution of Partnership 1. Change in profit sharing ratio 2. Gaining ratio & examples 3. Treatment of goodwill 4. Partner’s loan account 5. Death of a partner 6. Illustration –I 7. Illustration –II 8. Illustration –III 9. Illustration –IV 10. Illustration –V 11. Illustration –VI 12. Illustration –VII 13. Illustration –VIII 14. Illustration –IX 15. Illustration –X

CLASS XII-ACCOUNTANCY-TITLE 5

Dissolution of a Partnership Firm

Dissolution of partnership firm 1. Dissolution of firm 2. Difference between Dissolution of 3. Partnership & Dissolution of firm 4. Settlement of accounts 5. Private debts v/s firm’s debts 6. Accounting treatment 7. Realisation account 8. Illustration –I 9. Illustration –II 10. Illustration –III

CLASS XII-ACCOUNTANCY-TITLE 6

Accounting for Share Capital

Issue of shares 1. Kinds of companies 2. Kinds of share capital 3. Types of shares 4. Accounting entries 5. Different situation that occur while issuing shares 6. Illustration –I 7. Illustration –II 8. Illustration –III 9. Illustration –V 10. Illustration –VI

CLASS XII-ACCOUNTANCY-TITLE 7

Accounting for Debentures – Part I

Accounting for Debentures 1. Distinction between share & debentures 2. Types of debentures 3. Issue of debentures for consideration other than cash 4. When assets and liabilities are taken over 5. Issue of debentures as collateral security 6. Illustration – VII 7. Illustration – VIII 8. Illustration – IX 9. Illustration – X 10. Illustration – XI 11. Illustration – XII 12. Illustration – XIII

CLASS XII-ACCOUNTANCY-TITLE 8

Accounting for Debentures – Part II

Redemption of debentures 1. Methods of Redemption of debentures 2. Redemption of debentures (purchase in open marks) 3. Redemption of debentures (by conversion) 4. Illustration – XIV 5. Illustration – XV 6. Illustration – XVI 7. Illustration – XVII 8. Illustration – XVIII 9. Illustration – XIX 10. Illustration – XX 11. Illustration – XXI

CLASS XII-ACCOUNTANCY-TITLE 9

Analysis of Financial Statements

Analysis of Financial Statements 1. Balance sheet of a company 2. Asset side 3. Liabilities side 4. Tools for financial analysis 5. Comparative statement 6. Comparative income statement 7. Comparative balance sheet 8. Common size statement 9. Illustrations

CLASS XII-ACCOUNTANCY-TITLE 10

Ratio Analysis – Part I

Ratio analysis 1. Gross sectional & time series analysis 2. Benchmarks 3. Types of ratio 4. Liquidity ratio 5. Liquid ratio 6. Solvency ratio 7. Debt equity ratio 8. Total assets to debt ratio 9. Proprietary ratio 10. Activity ratio 11. Illustration – I 12. Illustration – II 13. Illustration – III 14. Illustration – IV 15. Illustration – V 16. Illustration – VI 17. Illustration – VII

CLASS XII-ACCOUNTANCY-TITLE 11

Ratio Analysis – Part II

Debtor’s turnover ratio 1. Average collection period 2. Payables turnover ratio 3. Average payment period 4. Working capital turnover ratio 5. Profitability ratio 6. Net profile ratio 7. Operating ratio 8. Return on investment (ROI) 9. Earnings per share (EPS) 10. Illustration – VIII 11. Illustration - IX    12. Illustration – X 13. Illustration – XI 14. Illustration – XII 15. Illustration – XIII 16. Illustration – XIV 17. Illustration – XV 18. Illustration – XVI

CLASS XII-ACCOUNTANCY-TITLE 12

Cash Flow Statement – Part I

Cash flow statement 1. Important definitions (as per AS-3) 2. Examples of operating activities 3. Example of investing activities 4. Calculation of cash in flow from operating activities 5. Calculation of cash collected from debtors 6. Calculation of amount paid to creditor 7. Calculation of cash paid for expenses 8. Indirect method 9. Illustration – I 10. Illustration – II 11. Illustration – III 12. Illustration – IV

CLASS XII-ACCOUNTANCY-TITLE 13

Cash Flow Statement – Part II

Investing activities 1. Refraction 2. Provision for taxation 3. Financing activities 4. Illustration – V 5. Illustration – VI 6. Illustration – VII 7. Illustration – VIII 8. Illustration – IX 9. Illustration – X 10. Illustration – XI