We have great pleasure in presenting First edition ”Financial Accounting’‘ written for students of UG courses. The related matters are written in a simple and easily understandable language with sufficient support from real business information.
This volume is an attempt to provide the students with thorough understanding of introduction to financial accounting, types of books, journal, ledger, trial balance, preparation of financial statement, ratio analysis, Indian accounting standards and IFRS methods and techniques. We have presented the subject matter in a systematic manner with liberal use of charts and diagrams where ever necessary so as to make it interesting and sustain students interest. We thank almighty for showering his substantial blessings and giving us the determination in preparing this book.
In writing this book we have benefited immensely from the studies of a number of books and the articles written by scholars spread over various books, journals and magazine.
Contents-
1. Introduction to financial Accounting
2. Types of Books
3. Preparation of Trial Balance & Financial Statements
4. Financial Statement Analysis Using Ratios
5. Indian Accounting Standards (IND-AS) & IFRS