Advanced Accounting

Accounting Standards (AS 1-29), Ind AS basics, Consolidated Financial Statements, and Corporate Restructuring (Amalgamation, Internal Reconstruction) are high-weightage topics covering 70-80% of the paper.

Focus on practical application of standards. Practice journal entries, disclosure requirements, and calculations. Understand the differences between AS and Ind AS for overlapping topics.

Yes, about 70-80% of the paper involves calculations. Practice solving problems on amalgamation, consolidation, and standard-specific calculations regularly.