his highly acclaimed text, now in its Sixth Edition, is designed as a first-level course in MBA and professional programmes. It explains how to prepare, analyze, and interpret financial statements. NEW TO THIS EDITION, • Chapters: Chapter 7 Financial Assets, Chapter 9 Operating Liabilities, Chapter 10 Financial Liabilities, and Chapter 15 Earnings Analysis and Qualitative Information. • Topics: Accounting fraud and red flags, cash flow ratios, economic value added, foreign currency accounting, and joint arrangements. • Expanded coverage: Earnings quality, earnings management, and pro forma measures. • Standards: IFRS, Ind AS and Indian GAAP comparisons for key items in financial stat...
The book is exclusively meant for BCom (Hons.) students of Paper CH 1.2, Semester 1, University of Delhi. The book exhaustively covers the entire syllabus of the course. Written in an easy-to-understand language, the book would be highly useful for students who wish to master the concepts of accounting. KEY FEATURES • The book is designed on the DIYA (Do It Yourself Approach) • A workbook—added at the end as an annexure—containing numerical questions with their answers, complements the book to help students self-evaluate themselves • There are additional Review Questions, Illustrations, True/False Questions and numerical problems with solutions in the main book • Accounting treatment in the book is in conformity with various laws and accounting standards issued by the Institute of Chartered Accountants of India and prescribed by the Central Government in consultation with the National Advisory Committee on Accounting Standards
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.
Strictly according to the latest syllabus prescribed by Central Board of Secondary Education (CBSE), Delh And Bihar School Examination Board (Senior Secondary), Patna and Navodaya, Kasturba, Kendriya Vidyalayas etc. following CBSE curriculum based on NCERT guidelines.
? Concept oriented - Comprehensive coverage of theory topics ? Large number of examples ? Important concepts highlighted ? Large number of solved problems ? List of short questions for study ? Quick refresher formulae in all topics ? How to use logarithm, interpolation, Normal distribution etc.