‘Financial Accounting-II’ has been designed in accordance with the CBCS syllabus of 2017-18 as prescribed by University of Calcutta for the third semester students of B.Com Honours and General courses. In addition to Calcutta University B.Com students, the book will be equally effective for other allied universities of Eastern India- The University of Burdwan, West Bengal State Universities and other universities that have adopted CBCS in accordance to UGC norms. It presents the core concepts of partnership accounts and special purpose accounts (Department, Branch, Hire Purchase, Investment Accounting, etc.) in a lucid and easy-to-understand manner. The book has been revised in light of the implications of the latest Accounting Standards and guidelines issued by ICAI.