The "Advanced Accounting" book has been written to meet the requirements of Semester III students of B.Com. course under common core syllabus of all universities of Telangana.

Care has been taken to include sufficient number of problems supported by relevant and required theory in each and every unit.

In chapters concerning company accounts, material has been added or replaced in relevant places to provide updated knowledge in view of different changes in rules, regulations and governing laws.

Contents -

Unit I : Partnership Accounts - I
1. Appropriation of Profits and Final Accounts
1a. Admission of a Partner
1b. Retirement and Death of Partner
Unit II : Partnership Accounts - II
2. Dissolution of Firm and Insolvency of Partner
Unit III : Company Accounts - Issue of Shares, Issue of Debentures, Underwriting of Shares and Debentures and Issue of Bonus Shares
3. Issue, Forfeiture and Re-issue of Shares
3a. Issue of Debentures
3b. Underwriting of Shares and Debentures
3c. Issue of Bonus Shares
Unit IV : Company Final Accounts and Profits Prior to Incorporation
4. Company Final Accounts
4a. Profits Prior to Incorporation
Unit V : Valuation of Goodwill and Shares
5. Valuation of Goodwill
5a. Valuation of Shares