INFORMATION FOR BLOG READERS

IF YOU WANT SOLVED QUESTION PAPERS OF:
1. DIBRUGARH UNIVERSITY
2. GUWAHATI UNIVERSITY
3. NIOS
4. IGNOU AND
5. AHSEC
IN YOUR WHATSAPP NUMBER, THEN JOIN MY BROADCAST LIST BY SENDING YOUR CONTACT INFO AND CLASS TO MY WHATSAPP NUMBER 9577097967.
******************************************************
JOB INFO AND SOLVED QUESTION PAPERS OF COMPETITIVE EXAM WILL ALSO BE PROVIDED.
******************************************************
I AM ALSO BUYING QUESTION PAPERS AND HAND WRITTEN NOTES OF DIBRUGARH UNIVERSITY FOR MY BLOG(ARTS AND SCIENCE STREAM). INTERESTED STUDENTS CAN CONTACT ME.

Thursday, May 15, 2014

Dibrugarh University (6th Semester Speciality) - Financial Statements Analysis Important Questions and Answers

Important Questions for May' 2016 Exam
Unit 1
Q. What is Financial Statement Analysis? What are its Significance? How does it help the potential investors in their decision-making?
Q. What is Financial Statements? What are its nature? What are various limitations of Analysis of Financial Statements?
Q. What are various tools and techniques used for Financial Analysis? Explain them briefly with their respective merits and demerits.
Q. What is Accounting Practice? Write a brief note on adoption of Indian GAAP in Preparation of Financial Statements.
Q. Write short notes on:
Ø  Value added Statements
Ø  Economic value added Statements
Ø  Window Dressing
Ø  Distinction Between Common Size Statements and Comparative Statements
Q. Practical Problems: Preparation of Comparative Financial Statements and Common size Statements

Unit 2
Q. What is Ratio analysis? What are its characteristics? Mention its advantages and Disadvantages.

Q. What are various classes of ratios? Explain the purpose of calculating the following Ratios:
a. Current Ratio                b. Liquid Ratio                   c. Gross Profit Ratio                        d. Net Profit Ratio
e. Operating Profit Ratio              f. Debtor’s Turnover ratio and Debtor’s Collection Period
g. Creditor’s Turnover ratio and Average Payment Period            h. Stock Turnover Ratio
g. Debt-Equity Ratio       h. Proprietory Ratio        i. Return On Investment Ratio
j. Return on Shareholder’s Fund               k. Earnings per Share
Q. Practical Problems: Two types of questions are expected
1.       Preparation of P/L account and balance sheet from given ratios
2.       Calculation of various types ratio from the given financial information

Unit 3
Q. What do you mean by the term Financial Reporting? What are its objectives? Explain its Importance and limitations.
Q. “Corporate social responsibility is now mandatory for corporate”. Considering this statement, define social benefits and social costs. Also explain their measurement in disclosure of social accounting?
Q. What are the objectives of corporate governance Disclosure Practices? Describe the guidelines on corporate governance reporting as per Clause 49 of listing agreement.
Q. “Financial Reporting should be a part of Annual Report of the Companies and it is the best way to provide information to its shareholders”. Considering this statements write a brief note on financial statements and its types.
Q. Write a brief note on recent developments in the field of corporate social responsibility.
Q. Write short notes on:
Ø  Qualitative characteristics of financial reporting to make it useful to the users
Ø  Financial reporting vs. Financial Statements
Ø  Interim Reporting vs. Final Reporting
Ø  Segment Reporting vs. Final Reporting

Unit 4
Q. What is Accounting Standards? What are its aim and importance? Or “Accounting standards aim to protect users of financial reports in providing reliable and comparable accountants and auditors.” Explain
Q. What do you mean by global convergence of accounting standards? What are the benefits of a single set of Global accounting standard? State the steps adopted by an entity in adoption of IFRS.
Q. Distinguish between Indian Accounting Standard and International Accounting Standard.
Q. “Convergence of Indian accounting standard with IFRS is necessary”. Do you think it necessary? Justify your answer together with the role of ICAI in convergence of accounting standard with IFRS.
Q. Write short notes on:
Ø  International Accounting Standards
Ø  International Financial Reporting Standards
Ø  Consideration in selection of Accounting policies

Unit 5
Q. Distinguish between Harmonization and Standardisation of Corporate Reporting. Discuss the recommendation of RBI group on accounting and auditing on Harmonisation and Standardisation of accounting standards.
Q. Write a brief note on  IFRS – 4 and IFRS – 9.
Q. Give a brief note on IRDA’s Guidelines on accounting and auditing of Insurance Companies.
Q. Give a brief note on suggestions made by the RBI’s Advisory group on accounting and auditing of Banks.
Q. Give a brief note on suggestions made by the RBI’s Advisory group on accounting and auditing of NBFC and FIs.

Labels

Absorption Costing (1) Accountancy (4) accounting for partnership firms (3) Accounting for Share Capital (3) accounts of non trading concern (3) advanced financial accounting (18) AHSEC (149) ahsec 11 (47) ahsec 12 (60) ahsec notes (136) AHSEC Question Papers (35) Assam Slet (10) bcfm (11) bills of exchange (6) branch accounting (3) Budgetary Control (3) Budgetary Control Notes (2) business communication (28) Business Environment Notes (17) business regulatory framewrok (49) Business Statistics Notes (28) cash flow statement (5) cbse 12 (39) cbse notes (53) commerce (13) company law (23) corporate accounting (33) corporate laws (14) cost accounting (63) cost and management accounting (34) cpt (36) cpt 200 (7) cpt notes (30) dibrugarh university (1179) dibrugarh university notes (611) dibrugarh university question paper (474) dibrugarh university solved papers (267) dibrugarh university syllabus (47) direct tax law (49) eco - 01 (4) ECO - 02 (2) ECO - 03 (2) ECO - 05 (6) ECO - 06 (1) ECO - 07 (1) eco - 08 (4) eco - 09 (1) ECO - 10 (2) ECO - 11 (3) ECO - 12 (7) ECO - 13 (2) ECO - 14 (4) entrepreneurship (14) fianancial accounting (3) financial accounting (48) Financial Accounting Notes (23) financial management (18) Financial statements analysis (14) funds flow statement (3) guwahati university (289) guwahati university syllabus (52) Hire Purchase (5) Human Resource Management (12) icwai (38) icwai notes (39) ignou solved assignments (83) ignou solved question papers (121) income from house property (5) income from salary (4) Income Under the head Salaries (11) information technology (10) Installment Purchase (4) issue of shares (4) kkhsou (13) M.com (62) Management Accounting Notes (31) MCQ (11) paper I (1) paper II (9) paper III (1) principle of business mangement (16) Principles of Marketing Notes (16) royalty accounts (3) sale of goods act (8) semester I (165) Semester II (156) semester III (92) semester IV (149) semester V (136) semester VI (91) slet (13) Slet Ne (10) Small Business Management (7) solved assignments (22) UGC - NET: Commerce (08) (14) UGC - NET: Commerce (08) Paper II (3) UGC - NET: Commerce (08) Paper III (14) ugcnet solved question papers (23) Variance Analysis Notes (1)