Financial Accounting provides a comprehensive coverage to course requirements of students appearing in the paper Financial Accounting at BCom, BCom (Hons) examinations of different Indian universities and Foundation Examination (NS) of the Institute of Company Secretaries of India. The book is divided into four sections: Section I explains the fundamental principles necessary for understanding the subject. It covers the entire accounting cycle—from recording of financial transactions to the preparation of final accounts. Section II deals with accounting problems related to certain specific types of business transactions. Section III deals with partnership accounts. Section IV provides suggested answers to recent examinations’ questions.
Financial Accounting provides a comprehensive coverage to course requirements of students appearing in the paper Financial Accounting at BCom, BCom (Hons) examinations of different Indian universities and Foundation Examination (NS) of the Institute of Company Secretaries of India. The book is divided into four sections: Section I explains the fundamental principles necessary for understanding the subject. It covers the entire accounting cycle—from recording of financial transactions to the preparation of final accounts. Section II deals with accounting problems related to certain specific types of business transactions. Section III deals with partnership accounts. Section IV provides suggested answers to recent examinations’ questions.
This well-known textbook provides students with the knowledge of basic accounting principles and practices in a systematic manner. The unique feature that has made this book popular among students is the simplicity of presentation which enables them to understand the subject and solve practical problems with ease. The main strengths of the book are updated text, plentiful illustrative examples and the end-of-chapter exercises with answers. The wide coverage and user-friendly approach help the book to meet the course content requirements for BCom, BBA, MCom, MCA examinations of different universities and examinations conducted by professional institutions. KEY FEATURES Updated text in view of new and withdrawn accounting standards and their interpretation. Formulation of the roadmap for convergence of Indian Accounting Standards to IFRS. Incorporation of the New Schedule VI in place of Old Schedule VI with appropriate notes, wherever necessary. Complete overhauling of solutions to all Illustrations and requisite changes in the answers to Practical Problems required due to the substitution of New Schedule VI in place of Old Schedule VI. Latest questions and problems from examinations conducted by different professional bodies and universities.
Any Book On Solved Problems Would Be Welcome By The Students As They Dread The Unsolved Problems The Most. Problems And Solutions In Advanced Accountancy-Vol. I And Ii Is The Result Of Realization Of The Same Fact. However, This Book Will Serve Its Purpose The Best If Before Referring To It The Students Have Attempted To Solve The Questions On Their Own. The Book Has Been Designed Specially To Serve As A Complementary Set To The Textbook Advanced Accountancy-Vol. I And Ii, Authored By The Same Team As Dr S N Maheshwari And Dr S K Maheshwari. It Contains Detailed Solutions To All The Practical Problems Given At The End Of Each Chapter In Advanced Accountancy, As Also Solutions To The Problems Set At The Recent University And Professional Examinations. Special Feature Of The Book Is That The Problems Have Been Properly Graded.
Any Book On Solved Problems Would Be Welcome By The Students As They Dread The Unsolved Problems The Most. Problems And Solutions In Advanced Accountancy-Vol. I And Ii Is The Result Of Realization Of The Same Fact. However, This Book Will Serve Its Purpose The Best If Before Referring To It The Students Have Attempted To Solve The Questions On Their Own.
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