A clear exposition of constantly revising accounting concepts, procedures and techniques is a must for every student planning career in accounting or related fields. Keeping in view, the Universities and professional Institutions, viz., the Institute of Chartered Accountants of India (ICAI), The Institute of Cost and Works Accountants of India (ICWA), etc, have restructured their courses. ‘Accounting’ is one of the core papers at all Universities.
We are pleased to place before the students and learned teachers the first edition of our book ‘Fundamentals of Accounting’. This book is an outcome of a long tenure of teaching the subject at the post-graduate and undergraduate level by the author and is prepared with a desire to bring out a comprehensive text on the subject. The purpose in writing the book is to introduce the subject with clarity and to enable the students to learn and understand the intricacies of accounting in a logical sequence from very fundamental level to the stage of preparation of final accounts.
This book has been written according to the latest syllabus prescribed for B. Com., first semester of various universities. The book has been specifically designed to meet the course requirements of the students pursuing B. Com., and the students pursuing BBA, MBA, M.Com, MCA., CA, ICWA and other PG., UG., programs.
The book has following distinctive features:
– Simple and lucid language strictly in accordance with the latest syllabus of all the Universities in Andhra Pradesh.
– Comprehensive explanation of the concepts of accounting with plenty of illustrative interpretation.
– Definition of key terms at the end of each chapter for recapitulation and better grasping on the subject.
– The objective type and fill in the blank type questions with answers to enable the students to test their understanding.
– Practical problems for practice to develop a sense of confidence among the students.
Contents –
1. Introduction to Fundamentals of Accounting
2. Subsidiary Books
3. Trial Balance and Rectification of Errors
4. Bank Reconciliation Statement
5. Final Accounts
