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Tribhuvan university BBS 2013 Syllabus Advanced Financial Accounting

Advanced Financial Accounting - Syllabus

Course Overview and Structure
Syllabus Notes Old Questions Unit Wise Questions Question Bank

Embark on a profound academic exploration as you delve into the Advanced Financial Accounting course (Advanced Financial Accounting) within the distinguished Tribhuvan university's BBS department. Aligned with the 2013 Syllabus, this course (ACC 252) seamlessly merges theoretical frameworks with practical sessions, ensuring a comprehensive understanding of the subject. Rigorous assessment based on a 100 marks system, coupled with a challenging passing threshold of 35, propels students to strive for excellence, fostering a deeper grasp of the course content.

This 3 credit-hour journey unfolds as a holistic learning experience, bridging theory and application. Beyond theoretical comprehension, students actively engage in practical sessions, acquiring valuable skills for real-world scenarios. Immerse yourself in this well-structured course, where each element, from the course description to interactive sessions, is meticulously crafted to shape a well-rounded and insightful academic experience.


Course Objectives

The objectives of the course are to provide the students with a detailed knowledge of accounting principles, concepts, techniques and their application to develop ability and skills in practical work situation. On completion of this course the students will be able to gain the knowledge of government accounting, national accounting standards and international

accounting standards. The course further attempts to provide sound knowledge of new trends of accounting. It helps them to understand the concept of business combinations and to prepare the consolidated financial statement.

Course Description

This course contains introduction to advanced financial accounting, preparation of company accounts, valuation of goodwill and shares, new trend in accounting, accounting for contract, accounting for non-profit organizations, government accounting in Nepal.

Units

Meaning, objectives, importance and functions of financial accounting; Accounting Principles, Concepts and Conventions

; GAAP, Accounting Standards, Nepalese Accounting Standards (NAS), International Accounting Standards (IAS), Relative aspects of NAS and IAS.

Key Topics

  • Project Management Techniques
    PR-1

    This topic covers various project management techniques used to plan, organize, and control projects. It includes developing project management plans and implementing, monitoring, and controlling projects.

  • Collaborative Development Environment
    PR-2

    This topic focuses on creating an environment that fosters collaboration and teamwork. It includes communications planning, organizing and conducting effective meetings, and other collaborative development strategies.

  • Inter Process Communication
    PR-3

    Methods of communication between processes, including race conditions and critical sections.

  • Implementing Mutual Exclusion
    PR-4

    Techniques for achieving mutual exclusion, including busy waiting, sleep and wakeup, semaphores, monitors, and message passing.

  • Classical IPC Problems
    PR-5

    Solutions to classic inter-process communication problems, including producer-consumer, sleeping barber, and dining philosopher problems.

  • Process Scheduling
    PR-6

    Goals and techniques for scheduling processes, including batch, interactive, and real-time systems.

Goodwill: concept and need for valuation, Factors affecting the value of goodwill and accounting treatment, Methods of evaluating goodwill: average profit method, super profit method, capitalization method, annuity method; Valuation of shares: concept and need, Factors affecting value of shares, Methods of valuation of shares: net assets method, yield method, earning capacity method.

Key Topics

  • Neurally Inspired Models of Information Processing
    NE-1

    This topic explores models of information processing inspired by the structure and function of the brain. It introduces the concept of neural networks and their application to information processing.

  • Single-Layer Networks and Boolean Functions
    NE-2

    This topic delves into the basics of single-layer neural networks and their relationship with Boolean functions. It covers the fundamentals of neural network architecture and its application to simple logical operations.

  • Multilayer Networks
    NE-3

    This topic builds upon the basics of single-layer networks and explores the architecture and functionality of multilayer neural networks. It discusses the advantages and limitations of multilayer networks in information processing.

  • Information Processing in Neural Networks
    NE-4

    This topic examines the process of information processing within neural networks. It covers how neural networks receive, process, and transmit information, and the implications for cognitive science.

Meaning and concept of contract; Calculation of profit for complete and incomplete contract; Accounting treatments: Contract Account, Contractee’s Account, Work in progress account, Balance sheet.

Key Topics

  • Concept, Features, and Characteristics of Non-Profit Organizations
    AC-1

    This topic covers the definition, features, and characteristics of non-profit organizations, including their purpose, structure, and operations.

  • Accounting Procedures of Non-Profit Organizations
    AC-2

    This topic explores the accounting procedures specific to non-profit organizations, including the preparation of financial statements.

  • Receipt and Payment Account
    AC-3

    This topic explains the purpose and preparation of the Receipt and Payment Account, a financial statement unique to non-profit organizations.

  • Income and Expenditure Account
    AC-4

    This topic covers the preparation and analysis of the Income and Expenditure Account, a key financial statement for non-profit organizations.

  • Balance Sheet for Non-Profit Organizations
    AC-5

    This topic explains the preparation and interpretation of the Balance Sheet for non-profit organizations, highlighting its unique features and requirements.

Concepts, objectives and features of government accounting; Historical development of government accounting; Present accounting system (including single treasury accounting system): concept, objectives and importance of accounting system; Comparison with commercial accounting; Preparation of report of income and expenditure; Role of Comptroller and Auditor General in Nepal.