It gives us immense pleasure to present the First Edition of Accounting and Auditing (Financial Accounting) – III Credits: 4 which has been carefully developed to align with the Third Year B.Com. curriculum under the University of Mumbai, as per the guidelines of the National Education Policy (NEP) 2020 and is applicable from the academic year 2026–27.
This book has been prepared to provide students with a clear understanding of advanced corporate accounting concepts in accordance with the prescribed syllabus. It covers important topics such as Internal Reconstruction, Amalgamation, Absorption and External Reconstruction, Investment Accounting, and Buy Back of Shares. The book explains the relevant provisions of the Companies Act, 2013 and applicable Accounting Standards in a simple and systematic manner. Practical illustrations and accounting treatments have been included to strengthen conceptual understanding and problem-solving skills. The content is presented in an easy-to-understand, examination-oriented format suitable for university students. It is hoped that this book will serve as a useful guide for students, teachers, and all learners of corporate accounting.
Contents –
Module 1
Internal Reconstruction
Module 2
AS –14 – Amalgamation, Absorption and External Reconstruction
Module 3
Investment Accounting
Module 4
Buyback of Shares
Sample Question Paper
