Accounting Standard-16, Its Application to Corporate Sector

By- Sandhya M. Yadav

M.Com Part-1

Roll No- 14-7312

PROJECT REPORT ON

“ACCOUNTING STANDARD-16, ITS APPLICATION TOCORPORATE SECTOR ”

Submitted to University of Mumbai

In Partial Fulfillment Of The Requirement

For

M.Com (Accountancy) Semester IIn the subject

Advanced Financial Accounting

By

Name of the student : - Sandhya M. Yadav Roll No. : - 14 -7312

Name and address of the collegeK. V. Pendharkar College

Of Arts, Science & CommerceDombivli (E), 421203

APRIL 2014

DECLARATION

I SANDHYA M. YADAV Roll No. 14 –7312 the student of M.Com (Accountancy) Semester I (2014), K. V. Pendharkar College, Dombivli,

Affiliated to University of Mumbai, hereby declare that the project for the subject

Strategic Management of Project report on “ACCOUNTING STANDARD -16, ITS APPLICATION TO CORPORATE SECTOR” submitted by me to University of Mumbai, for semester I examination is based on actual work

carried by me.

I further state that this work is original and not submitted anywhere else for any examination.

Place : Dombivli

Date:

Signature of the StudentName: - Sandhya M. Yadav

Roll No:- 14 -7312

ACKNOWLEDGEMENT

It is a pleasure to thank all those who made this project work possible.

I Thank the Almighty God for his blessings in completing this task. The successful completion of this project is possible only due to support and cooperation of my teachers, relatives, friends and well-wishers. I would like to extend my sincere gratitude to all of them.

I am highly indebted to Principal A.K.Ranade , Co-ordinator P.V.Limye , and my subject teacher ............................................................... for their encouragement, guidance and support.

I also take this opportunity to express sense of gratitude to my parents for their support and co-operation in completing this project.

Finally I would express my gratitude to all those who directly and indirectly helped me in completing this project.

Name of the studentSandhya M. Yadav

INDEX

Sr No.

Particulars

1. Introduction to Financial Accounting

2. Introduction to Accounting Standard

3. Introduction to Accounting Standard-16 Borrowing Cost

4. Capitalization

5. Illustration

6. Summary