Commercial CMA Inter Financial Accounting By G.C. Rao for Dec 25 & June 26 Exam

CMA Knowledge Series on Financial Accounting (Group 1 Paper 6) New Syllabus

Salient features of the book are-

• Each topic is covered in a pattern relevant for CMA Online examinations
  • Introduction of Concept
  • Multiple Choice Questions (MCQ)
  • Fill in the blanks
  • True or False
  • Descriptive questions
• All Concepts explained in a simple and understandable manner.
• All past Institute of Cost Accountants of India exam questions covered
• Complete step by step solutions for 2022 syllabus exam problems
• Full coverage of 2022 syllabus prescribed for CMA Inter Group 1 – Paper 06

Content

1. SECTION A-Accounting Fundamentals
2. Fundamentals of Accounting
3. Unit 1.1-Accounting Fundamentals
4. Unit 1.2-Accounting Concepts & Conventions
5. Unit 1.3-Capital & Revenue Transaction
6. Unit 1.4-Basic Terms in Accounting
7. Unit 1.5-Double Entry System
8. Unit 1.6-Journal and Ledger
9. Unit 1.7-Rectification of Errors
10. Bit Bank
11. Accounting for Depreciation
12. Bank Reconciliation Statement
13. SECTION B-Accounting for Special Transactions
14. Bills of Exchange
15. Consignment Accounting
16. Joint Venture Accounting
17. SECTION C-Preparation of Financial Statements
18. Preparation of Final Accounts of Commercial Organizations
19. Preparation of Final Accounts of Not for Profit Organisations
20. Preparation of Financial Statements from Incomplete Records
21. SECTION D-Partnership Accounting
22. Partnership
23. Unit 10.1-Admission of a Partner
24. Unit 10.2 Retirement of a Partner
25. Unit 10.3-Death of a Partner
26. Unit 10.4-Dissolution of Firm & Insolvency of a Partner
27. Unit 10.5-Piecemeal Distribution
28. Unit 10.6-Amalgamation of Firm & Conversion
29. Unit 10.7-Accounting of Limited Liability Partnership
30. Bit Bank
31. SECTION E-Lease, Branch and Departmental Accounts
32. Lease Accounting
33. Branch Accounts
34. Insurance Claims for Loss of Stock & Loss of Profit
35. Hire Purchase & Installment Purchase System
36. SECTION F-Accounting Standards
37. Accounting Standards
38. 2022 Syllabus Exam Bits

About the Author

• Govada Chalapathi Rao (G.C.Rao) is a graduate in commerce and a fellow member of the Institute of Cost Accountants of India. He secured All India 12th Rank in CMA Inter and 16th Rank in CMA Final.
• He possesses 15 years of teaching experience to students of CMA Foundation, Inter and Final.
• He is faculty member at G.C.RAO ACADEMY, an exclusive coaching center for CMA. He is visiting faculty at Institute of Chartered Accountants of India, Bangalore chapter.
• Areas of specialization include Cost Accounting, Strategic Cost Management, Financial Accounting, Direct Taxation, Financial Management, Indirect Taxation, Financial Reporting, and Cost Audit.