Advanced Accounts Volume II (19th Edition)

DETAILS : 

• Author: MC Shukla , TS Grewal , SC Gupta
  
• Publisher: S Chand Publishing
  
• ISBN: 9789352533138
  
• Paperback: 1304 Pages 
  
• Language: English
  
• Weight: 1800 g 

ABOUT THE BOOK

Advanced Accounts Volume II (19th Edition), originally authored by the legendary trio of Indian accounting education—M.C. Shukla, T.S. Grewal, and S.C. Gupta—is an authoritative, market-leading masterwork in financial and corporate accounting. Published by S. Chand Publishing, this comprehensive volume is a cornerstone resource for commerce undergraduates, postgraduates, and professional candidates. The core philosophy of this text centers on structural procedural precision, guiding readers away from rote calculation and toward a deep, analytical understanding of structural financial frameworks. The authors treat advanced corporate accounting not merely as a set of mechanical entries, but as a dynamic regulatory system that must align with the latest legal statutes and accounting standards.

The volume is structurally organized into a progressive sequence of chapters that methodically break down complex institutional and corporate accounting scenarios. It picks up where Volume I leaves off, diving straight into high-level accounting architectures, including:

• Company Accounts: Detailed breakdowns of share capital transactions, debenture redemptions, underwriting, and the preparation of final corporate financial statements.
• Amalgamation, Absorption, and Reconstruction: Step-by-step processing of corporate restructuring, calculation of purchase consideration, and internal vs. external reconstructions.
• Holding and Subsidiary Companies: Masterclass guidance on constructing consolidated balance sheets, calculating minority interest, and eliminating unrealized profits.
• Specialized Institutional Accounting: Dedicated modules for the accounts of banking companies, insurance outfits, electricity supply undertakings, and liquidation procedures.

Rather than presenting dry statutory checklists, the text stands out by embedding hundreds of fully worked-out illustrations. Each numerical problem is paired with clear, systematic working notes that deconstruct the underlying accounting logic.

ABOUT THE AUTHOR

Prof. M.C. Shukla, Prof. T.S. Grewal, and S.C. Gupta were elite pioneers of commerce education in India, whose collective pedagogical methods shaped the accounting profession across the subcontinent for decades. Their classic texts are continuously updated by an expert editorial board to stay perfectly synced with contemporary corporate legislation.

The collective authorial and instructional style of this team is exceptionally lucid, rigorous, and highly structured. Writing with the diagnostic clarity of veteran examiners who understand exactly where students stumble under exam conditions, they break down dense statutory provisions into clear, scannable steps. Every chapter moves systematically from fundamental concepts to highly complex, multi-layered problem scenarios. By balancing deep legal compliance with clean accounting layouts and extensive practice sets, their literature remains the definitive national gold standard for B.Com, M.Com, CA, CS, and CMA aspirants across India.