1

Introduction

2

Modes of Reconstitution of Partnership Firm; New Profit Sharing Ratio

3

New Profit Sharing

4

Exercise – Part 1

5

Exercise – Part 2; Sacrifice Ratios

6

Exercise – Part 3

7

Exercise – Part 4

8

Exercise – Part 5

9

Goodwill ; Factors Affecting the Valuation of Goodwill

10

Method of Valuation of Goodwill ; Exercise – Part 6

11

Exercise – Part 7; Super Profits Method

12

Exercise – Part 8

13

Capitalisation Method

14

Capitalization Method – Exercise

15

Treatment of Goodwill ; Exercise – Part 1

16

Exercise – Part 2

17

Exercise – Part 3

18

When Goodwill Already Exists in the Book of the Firm

19

Exercise

20

Revaluation Method

21

Exercise – Part 1

22

Exercise – Part 2

23

Exercise – Part 3

24

Exercise – Part 4

25

Hidden Goodwill ; Exercise

26

Adjustments of Accumulated Profits and Losses of the Firm ; Exercise ; Revaluation of Assets & Reassessment of Liabilities – Part 1

27

Revaluation of Assets & Reassessment of Liabilities – Part 2

28

Exercise – Part 1

29

Exercise – Part 2

30

Exercise – Part 3