This is a comprehensive, authentic & well-illustrated book for Financial Accounting.
This book aims to fulfil the requirement of students of undergraduate courses in commerce and management, particularly the following:
- B.Com. (Hons.) Sem (I) Core Paper BCH: DSC 1.3 based on the Undergraduate Curriculum Framework (UGCF) by the University of Delhi
- Non-Collegiate Women’s Education Board (NCWEB)
- School of Open Learning (University of Delhi)
- Undergraduate Commerce & Management Courses at various Central Universities throughout India
The Present Publication is the 10th Edition, authored by Bhushan Kumar Goyal & Dr H.N. Tiwari, with the following noteworthy features:
- [Highlights of the Tenth Edition] are as follows:
- [Most Amended & Updated]
- [New Illustrations] has been added to this book
- [B.Com. (Hons.) Past Question Papers] for the years 2021 & 2022 have been added to this book
- [Comprehensive Presentation of Theory, Procedure & Practice] of accounting
- [Student-Oriented Book] This book has been developed keeping in mind the following factors:
- Interaction of the author/teacher with their students in the classroom
- Shaped by the author/teacher’s experience of teaching the subject matter at different levels for more than 43 years
- Reactions and responses of students have also been incorporated at different places in the book
- [Simple Language & Systematic Manner] of the presentation of the subject matter with special emphasis on those points which students generally find difficult
- [Solved Illustrations & Working Notes] have been incorporated throughout this book to make the understanding of the concepts easy
- [Practical Assignments & Latest Questions Papers] have been given in Vol. II of the book
- [Multiple True/False Type Questions] have been incorporated into the book
The contents of the book are as follows:
Volume I
- Accounting System
- Capital and Revenue Expenditures and Receipts
- Events Occurring after the Balance Sheet Date
- Extraordinary Items, Prior Period Items, Accounting Estimate, Accounting Policies and Fair Value
- Provisions, Contingent Liability and Contingent Assets
- Financial Accounting Principles
- Introduction to Accounting Standards and Ind-AS
- Accounting Process: Journal and Ledger
- Accounting Process: Subsidiary Books, Ledger and Trial-Balance
- Accounting for Goods and Services Tax
- Measurement of Business Income and Revenue Recognition
- Accounting for Property, Plant, Equipment and Depreciation
- Accounting for Intangible Assets
- Inventory Valuation
- Financial Statements of Non-Corporate Business Entities
- Financial Statements for Not-For-Profit Organisations
- Accounting for Inland Branches
- Departmental Accounting
- Lease Accounting
- Computerised Accounting System
Volume II
- Objective Questions with Answers
- Accounting Process: Journal and Ledger
- Accounting Process: Subsidiary Books, Ledger and Trial-Balance
- Accounting for Property, Plant, Equipment and Depreciation
- Accounting for Intangible Assets
- Inventory Valuation
- Financial Statements of Non-Corporate Business Entities
- Financial Statements for Not-For-Profit Organisations
- Accounting for Inland Branches
- Departmental Accounting
- Lease Accounting
- Computerised Accounting System
- March, 2021 B.Com. (Hons.), CBCS
- March, 2022 B.Com. (Hons.), CBCS