Financial Accounting – II
Course Title: Financial Accounting II
Code: MGT-125
Area of Study: Core
Credit Hour: 3
Course Objective: The objective of this course is to make the students understand various accounting concepts
and to familiarize students with the mechanics of preparation and interpretation of financial statements.
Course Contents:
UNIT I: ACCOUNTING FOR SHAREHOLDERS’ EQUITY L.H.6
Forms of organization, meaning and features of ordinary share capital and preference share capital, accounting
for ordinary share capital, preference share capital and treasury stocks, accounting for dividends (cash and stock
dividends)
UNIT II: ACCOUNTING FOR LIABILITIES L.H.5
Meaning of liabilities, classification of liabilities: current liabilities (definitely determinable, estimated and
contingent liabilities) and long term liabilities (bonds and debentures), accounting for current liabilities,
accounting for debentures (issue and retirement of debentures, and conversion of debentures into equity).
UNIT III: ACCOUNTING FOR BUSINESS COMBINATIONS L.H.10
An overview of corporate investment, methods of accounting for business combinations (Amalgamation and
Absorption), advantages and disadvantages of business combinations
PURBANCHAL UNIVERSITY, Faculty of Management
Bachelor of Business Administration
2012
32
UNIT IV: ACCOUNTING FOR HOLDING COMPANY L.H.7
Concept and advantages of holding company, preparation of consolidated balance sheet
UNIT V: ACCOUNTING FOR PRICE LEVEL CHANGE L.H.8
Nature of inflation accounting, limitation of conventional financial statements, methods of price level
adjustments- current Purchasing Power Method and Current Cost Accounting Method
UNIT VI: ACCOUNTING FOR NON-PROFIT MAKING ORGANIZATIONS L.H.10
Meaning and features of non-profit making organizations, Receipts & Payments Account, Income &
Expenditure Account, Balance Sheet, Accounting for Educational Institutions and Professionals
UNIT VII: ACCOUNTING STANDARD L.H.2
Benefits, International Accounting Standard and Accounting Standards in Nepal
References:
Mukharjee & Hanif, “Modern Accountancy” Tata McGraw Hill, New Delhi, 2009.
R. Narayanswami, “Financial Accounting- A Managerial Perspective” PHI Learning Pvt. Ltd., New Delhi,
2009.
Pillai & Bagawathi, “Advance Accountancy”, Konark Publishers Pvt. Ltd., Delhi, 2002.
Accounting Standard Board Nepal, “Nepal Accounting Standards”, ASB, Babar Mahal.
R. M. Dangol, “Financial Accounting and Planning”, Taleju Prakashan
Y Koirala and et. al., “Financial Accounting and Planning”, Ashmita Publication
PURBANCHAL UNIVERSITY, Faculty of Management
Bachelor of Business Administration
2012
LH: 48
Course Title: Cost and Management Accounting
Course Code: MGT 131
Area of Study: Core
Credit Hour: 3
Course Objectives: The course gives knowledge of basic cost concepts, elements of cost and methods and
techniques of costing.
Course Contents:
UNIT I: Introducing L.H.5
Objectives of costing system; cost concepts and