Pipfa Recommended Reading

[fahdaminmughal]

Hay any body could tell what books are recommended for following pipfa subjects.

1.Financial Reporting
2.Managerial Accounting

[Muhammad Adnan Arshad]

www.pipfa.org.pk

[fahdaminmughal]

i could not found list of recommended books on their site thats why i seek for help here... if you have direct link than plz tell me .

[Mahtab]

AOA
Here is Syllabus etc.

6.3 FINAL LEVEL
SUBJECT-1 FINANCIAL REPORTING (100 Marks)
1 Consolidated Accounts 30 18
2 Other Accounting and Reporting Issues 70 42
Total 100 60
1. CONSOLIDATED ACCOUNTS
(a) Group of companies-
preparation of basic consolidated financial statements for a Company with a single member
i. Consolidated balance sheet
ii. Consolidated income statement
(b) Overview of distinction between subsidiary an associate
(c) Accounting treatment of contingent loses and contingent gains
(d) Related party disclosures
(e) Revenue recognition
2. OTHER ACCOUNTING AND REPORTING ISSUES
(a) Conversion of partnership to a limited company and merger of firms
(b) Accounting treatment of profit and loss for the period including
- Change in accounting policies
- Change in accounting estimates and errors
- Events occurring after the balance sheet date
(c) Recognition of borrowing costs
(d) Accounting for leases
(e) Construction Contracts
(f) Accounting for investments
The IFRS included in Syllabus are
IAS –1
IAS –2
IAS –7
IAS –8
IAS –10
IAS –12
IAS –16
IAS –17
IAS –18
IAS –23
IAS –24
IAS –36
IAS –37
IAS –38

Subject Title FINANCIAL REPORTING
READING MATERIAL
Title Author Publications

Modern Advanced Accounting by E. John Larsen McGraw-Hill Companies Inc.,Princeton Road, S-1
Heightslown, NJ08520, New York.

International Accounting Standards Issued by IASC ICAP

International Financial Reporting Standards (IFRSs / IASs)--- International Accounting Standards Board, 166 Fleet Street, EC4A 2DY, London.

Disclosure Requirements & (Revised), Fourth & Fifth Schedules of Companies Ordinance, 1984
--- Govt. of Pakistan

Financial Reporting Focused Study Text PIPFA

ADDITIONAL READING MATERIAL

Relevant Sections of Income Tax Ordinance, 2001 --- Govt. of Pakistan

Relevant Sections of Banking Companies Ordinance, 1962 --- Govt. of Pakistan

Companies Ordinance 1984 and Article of Association --- Govt. of Pakistan

Prospectus for Allotment of Shares & Securities of Companies --- ---

FINAL LEVEL

SUBJECT-2 MANAGEMENT ACCOUNTING ( 100 Marks)

1. SHORT TERM DECISION MAKING TECHNIQUES
a. Understanding various decision making problem and approaches to solution.
b. Concepts of Opportunity Cost.
c. Inputted Cost
d. Sunk Cost.
e. Inventory and Profit & Loss effect.
f. Relevant Cost.
g. Make or buy decision.
h. Pricing for Special orders
i. Further Processing Decisions.
j. Utilization of spare capacity.
k. Dealing with risk and uncertainty decision.
l. Decision with limiting factors (excluding linear programming)
2. BUSINESS & FINANCE DECISION
a. Financial Strategy.
b. Investment Decision.
c. Financing Decision.
d. Dividend decision.
e. Asset Valuation.
f. Capital Structure & Interest Rate Risk Management.
g. International Financing and Finance Management.

1. Short Term Decision Making Techniques 50 30
2. Business & Finance Decision 50 30
Total 100 60

Subject Title MANAGEMENT ACCOUNTING
READING MATERIAL
Title Author Publications

Cost Accounting by F. Usry, H. Hammer & Adolph Matz South Western Publishing Co.,Cincinnati, Ohio, USA.

Managerial Accounting T. Lucy DP Publications Ltd. Aldine Place, 142-144, Uxbridge
Road, London W 12 8AW

Financial Management by Iqbal Mathur

Management Accounting Focused Study Text PIPFA

ADDITIONAL READING MATERIAL

Managerial Accounting Ray H. garrison & Eric W. Noreen South Western Publishing Co. USA

Introduction to Management Accounting Charls T. Horngren, Gary L. Sundem & William O. Stratton
Prentice-Hall of India Pvt. Ltd., New Delhi-110001.

Business Decision Making A. Rahim Syriya Star Book Depot, Urdu Bazaar Karachi.

[fahdaminmughal]

Thank you very much sir for guidance..

[Mahtab]

Welcome

[Moamar Qazafi]

I LIVE IN RAWALPINDI. I WANT TO DO PIPFA. WHERE SHOULD I GO FOR ADMISSION

[Mahtab]

ISLAMABAD OFFICE

SKANS School of Accountancy

Firdous Plaza,

F-8 Markaz

Mr. Meraj Ali Jan

0306-5355759,

051- 2851572

[email protected]