This comprehensive edition is the most authoritative text on advanced accounting topics. The book continues its legacy and provides a contemporary and comprehensive presentation of a wide spectrum of accounting concepts and applications. Detailed fundamentals provide a natural grounding and help in gaining accounting skills and knowledge. The book offers a structural presentation with over 500 clear illustrations, extensive exercise questions and updated accounting treatments. The book could be used to great advantage by accounting professionals. Complete coverage of accountancy syllabus and up to date discussion of accounting standards Structured presentation with more than 500 illustrations to explain the concepts and techniques More than 450 exercise questions supplemented by essay questions to reinforce learning Topic of Lease revised as per latest Accounting Standard 17 1. Fundamental Principles of Accounting 2. Final Accounts 3. Bills of Exchange and Promissory 4. Consignments, Joint Ventures, Account Current, Average Due Date, Etc. 5. Self-Balancing Ledgers 6. Depreciation, Reserves and Provisions 7. Receipts and Payments Account, Income and Expenditure Account and Balance Sheet 8. Single Entry Or Accounts from Incomplete Records 9. Partnership Accounts (I) 10. Partnership Accounts (Ii) (Dissolution) 11. Branch and Departmental Accounts 12. Hire Purchase, Instalments and Lease 13. Insurance Claims 14. Insolvency Accounts 15. Royalties 16. Contract 17. Introduction Shares, Debentures, Etc. 18. Final Accounts 19. Valuation of Intangible Assets, Goodwill and Shares; Reorganisation and Reconstruction of Share Capital 20. Business Combination and External Reconstruction 21. Holding Companies 22. Statement of Cash Flows, Funds Flow Statement, Cash Budget and Working Capital 23. Accounting Ratios 24. Insurance Companies 25. Bank 26. Liquidation 27. Computerised Accounting System 28. Inflation Accounting 29. Accounting For Human Resources of An Organisation and Social Responsibility