Duration 2 hours——————————————————–Maximum Marks: 100
Financial Accounting: 40 Marks
- Financial Accounting: Nature and Scope, Limitations of Financial Accounting, Basic concepts and Conventions, Generally Accepted Accounting Principles (GAAP).
- Accounting Process: From recording of transactions to preparation of Financial Statements, Preparation of Bank Reconciliation Statement, Trial Balance and Rectification of Errors.
- Depreciation, Provisions and Reserves.
- .Financial Statements:
Sole Proprietorship Concerns, Analysis of Financial Statements. - Accounts of Joint Stock Companies.
Accounting Standards: 20 Marks - Accounting Standards issued by Institute of Charted Accountants of India and INDAS notified by the Ministry of Corporate Affairs
- Uniform Format of Accounts for Central Autonomous Bodies
- Cost Accounting Topics: 40 Marks
- Introduction
- Materials
- Labour and Direct Expenses
- Overheads (I) Factory Overheads
- Overheads (II) Office and Administrative, Selling and Distribution Overheads
- Marginal Costing,
- Production Accounts and Cost Sheets
- Process Accounts