It is a matter of great pleasure to present this new edition of the book on Introduction to Financial Accounting to the Students and Teachers of Bachelor of Management and Studies stared by university of Mumbai. This book is written on lines of syllabus instituted by the university. The book present the subject matter in a simple and convincing language.
The syllabus contains a list of the topics covered in each chapter which will avoid the controversies regarding the exact scope of the syllabus. The text follows the term-wise, chapter-topic pattern as prescribed in the comments with the intention of explaining the subject to the students in a simplified language. While making in attempt to explain in a simplified language, any mistake of interpretation might have crept in.
Contents –
1. Meaning and Scope of Accounting
2. Introduction to Accounting Standards
3. Introduction to IFRS and Accounting in Computerized
4. Accounting Procedure
5. Reconciliation and Rectification
6. Capital and Revenue
7. Depreciation, Provisions and Reserves
8. Final Accounts
9. Final Accounts of Companies
