Syllabus 

📘 Advanced Accounting 

🔹 Unit I – Depreciation

1. Depreciation – Basic Concepts

• Meaning and Definition

• Characteristics

• Causes of Depreciation

• Points to be kept in mind while determining Depreciation

2. Accounting Treatment

• Journal Entries on Depreciation

• Methods of Depreciation (Meaning)

  • Straight Line Method

  • Diminishing Balance Method

• Advantages and Disadvantages of each Method

3. Practical Problems

• Problems on Straight Line Method

• Problems on Diminishing Balance Method

🔹 Unit II – Accounts of Non-Profit Institutions

(Club, Hospital, Educational Institutions, etc.)

1. Introduction

• Meaning and Need of Accounts

2. Books Maintained by Non-Profit Concerns

3. Final Accounts Preparation

• Receipts and Payments Account

• Income and Expenditure Account

• Balance Sheet

4. Differences

• Receipts & Payments Account vs Cash Book

• Receipts & Payments Account vs Income & Expenditure Account

5. Practical Problems

• Problems on Receipts & Payments Account

• Problems on Income & Expenditure Account

• Final Accounts of Non-Profit Institutions

🔹 Unit III – Accounts of Co-operative Societies and Co-operative Banks

1. Accounting Books of Co-operative Societies

2. Preparation of Final Accounts of Co-operative Societies

🔹 Unit IV – Farm Accounts (Agriculture, Dairy & Poultry Farming)

1. Farm Accounting

• Meaning and Definition

• Characteristics

• Need and Importance

2. Necessary Books of Farm Accounting

• Cash Book

• Live Stock Inventory

• Crop Account

3. Preparation of Accounts

• Cash Book

• Live Stock Inventory

• Crop Account

4. Final Accounts of Farm

• Agriculture Farming

• Dairy Farming

• Poultry Farming

 Acquire knowledge in depreciation methods, and the relevant journal entries. Compute depreciation with the help of 2 important methods i.e. Straight Line and Reducing Balance (Written Down) Method.

• Grasp the complexities of accounting for non-profit institutions especially Club, Hospital & Education Institution.

• Implement accounting principles to co-operative societies and cooperative banks.

• Demonstrate a thorough understanding of specialized accounting practices in Agriculture, Dairy and Poultry Farming.