• The subject-matter has been arranged and systematized strictly according to the new syllabus and following thoroughly revised chapters have been included in the present edition :
• Hire-Purchase System
• Installment Payment System.

The book adequately satisfies the standard of B.B.A. Course. After going through the theory, illustrations and questions of this book, one can easily solve questions of university examinations.

A candidate can solve questions only when he has confidence and such confidence can be acquired only on the basis of real knowledge of this subject. For this purpose, suitable illustrations have been given to explain various theories, principles, rules, and procedures. Selection of practical illustrations and questions in each chapter and placing them in a systematic order is so reasonable, logical, orderly and scientific that even an ordinary student can acquire real, complete, thorough, latest and up-to-date knowledge of this subject in a very short period of time and without any exertion on his part.

Care has been taken to present the study material in a logical sequence to facilitate easy understanding by the students. Small illustrations have been incorporated in each chapter to explain the concepts/principles dealt with in the chapter.

In each chapter Short Answer Type Questions, Long Answer Type Questions, Objective Type Questions and Practical Problems with Answers have been given which will help the students in preparing for the examination.

Financial Accounting Syllabus For B.B.A. Semester I of Pt. Ravi Shankar Shukla University, Raipur

• Unit-1 : Accounting : Definition, Meaning, Advantages, Limitations and Accounting System; Relationship of Accounting with other functional Areas, Scope of Accounting, Uses of Accounting, Duble Entry of Book Keeping, Difference between Book Keeping and Accountancy.
• Unit-2 : Capital and Revenue : Classification of Capital and Revenue; Golden Rules of Accounting, Journal, Ledger, Subsidiary Book – Cash Book, Meaning and Type of Cash Book – Single Column, Double Column and Three Column Cash Book. Three Column Cash Book. Trail Balance –Meaning – Preparation of Trail Balance. Rectification of Errors : Classification of Error, Location of Error, Suspense Account, Effects on Profit.
• Unit-3 : Bank Reconciliation Statement : Meaning, Need and Importance of Bank Reconciliation Statement, Reasons of difference between Cash Book and Pass Book Balance, Methods of preparation of Bank Reconciliation Statement. Final Account : Preparation of Manufacturing Account, Trading Account, Profit and Loss Account, Balance Sheet (Simple Adjustment only).
• Unit-4 : Depreciation : Meaning, Definition, Importance, Defects of Depreciation – Method of Calculating Depreciation – Straight line method – Written down value method. Hire Purchase : Accounting of Hire Purchase and Instalment System, Advantages and Disadvantages of Higher purchase and Instalment system, Rights of Higher Purchase and Higher purchase vender. Journal Entries and proposal of ledger accounts excluding defaults and reposition.
• Unit-5 : Accounting Software : Introduction – Meaning of Accounting Software, Types of Accounting Software; Tally – Meaning of Tally Softwer–Features–Advantages, Creating a New Company, Basic Currency Information, Company features and Inventory features. Configuring Tally – General Configuration, Numerical symbols, Accounts/Inventory info – Master Configuration – Voucher Entry Configuration. Working in Tally : Groups, Ledgers, Writing Voucher, Different types of Voucher, Voucher Entry Problem on Voucher entry – Generating Basic Reports in Tally – Trail Balance, Accounts Books, Cash Book, Bank Books, Leder Accounts, Group Summary, Sales Register and Purchase Register, Journal Register, Statement of Accounts and Balance Sheet.

Financial Accounting Book Contents

1. Meaning and Scope of Accounting
2. Accounting Principles
3. Accounting Standards in India (Including International Accounting Standards)
4. Concept of Double Entry System
5. Rules of Debit and Credit: Journal
6. Sub-Division of Journal: Cash Book
7. Sub-Division of Journal: Subsidiary Books
8. Ledger (Including Rules of Posting)
9. Trial Balance
10. Capital and Revenue
11. Rectification of Errors
12. Adjustments Entries
13. Final Accounts (Manufacturing Account, Trading Account, Profit & Loss Account and Balance Sheet) 
14. Bank Reconciliation Statement
15. Concept and Accounting of Depreciation (As Per A.S.- 6)
16. Hire-Purchase System
17. Installment Payment System

Computerised Accounts

1. Computerised Accounting System
2. Introduction To Operating Software
3. Popular Accounting Software Tally
4. Creating Group, Ledger And Vouchers Entry
5. Creating Stock Groups And Stock Items And Accounting Vouchers
6. Generating Reports

• Objective Type Questions With Answer Based On Computerised Accounts

The post Financial Accounting appeared first on Sahitya Bhawan Publications.

Accountancy is mostly regarded as a difficult subject but the reader of Financial Accounting Book will realize that it is not so, because it has been written in simple language and in most systematic order explaining each and every point at length.

Some of the special features of Financial Accounting Book are :

• Many developments have taken place in Accounting Philosophy and International Accounting Standard. An effort has been made to incorporate all such developments in Financial Accounting Book. The book includes the latest status all the 32 Accounting Standards issued by the Institute of Chartered Accountants of India.
• This book adequately satisfies the standard of undergraduate students. After going through the theory, illustrations and questions of this book, one can easily solve questions of university examinations.
• In each chapter of the book, final accounts have been closed on 31st March only and the final accounts pertaining to companies have been prepared in accordance with Schedule III of the Companies Act, 2013.

Financial Accounting Book Contents

1. Meaning and Scope of accounting
2. Accounting Principles
3. Accounting Standards in India (Including International Accounting Standards)
4. Concept of Double Entry System
5. Rules of Debit and Credit: Journal
6. Sub-Division of Journal: Cash Book
7. Sub-Division of Journal: Subsidiary Books
8. Ledger (Including Rules of Posting)
9. Trial Balance
10. Capital and Revenue
11. Adjustment Entries
12. Final Accounts (Manufacturing Account, Trading Account, Profit & Loss Account, and Balance Sheet)
13. Insolvency Accounts
14. Branch Accounts
15. Hire-Purchase System
16. Installment Payment System
17. Royalty Accounts
18. Partnership Accounts (Preliminary & Final Accounts)
19. Partnership Accounts: Admission of a New Partner (Concept of Goodwill (as Per AS-10
20. Partnership Accounts: Retirement of a Partner [Concept of Goodwill (as Per AS-10)]
21. Partnership Accounts: Death of a Partner) (Including Joint Life Policy)
22. Dissolution of Partnership Firm-1
23. Dissolution of Partnership Firm-2 (Insolvency of Partner)
24. An amalgamation of Partnership Firms
25. Conversion of Partnership into a Joint Stock Company and Sale of Partnership Business to a Company

The post Financial Accounting appeared first on Sahitya Bhawan Publications.

• पुस्तक के इस संस्करण को पूर्णतः संशोधित एवं परिमार्जित ही नहीं किया है बल्कि अनेक अध्यायों में परीक्षोपयोगी महत्वपूर्ण नई पाठ्य-सामग्री तथा अनेक नए उदाहरणों (lIIustrations) एवं प्रश्नों को सम्मिलित किया गया है।
• पुस्तक के प्रस्तुत संस्करण की मुख्य विशेषता यह कि इसमें एक नवीन अध्याय जी. एस. टी. की रोजनामचा प्रविष्टियां (Journal entries of G.S.T.) सम्मिलित किया गया है।
• पुस्तक की अद्वितीय विशेषता यह है कि सभी अध्यायों में अन्तिम खाते 31 मार्च को बन्द किए गए हैं। जिन अध्यानों में कम्पनी से सम्बन्धित अन्तिम खाते हैं, उन्हें कम्पनी अधिनियम, 2013 के अनुरूप बनाया गया है।
• पुस्तक के सभी अध्यायों को पूर्णतः नए सिरे से लिखा गया है।
• पुस्तक के संशोधित संस्करण की अद्वितीय विशेषता: ह्र्रास (Depreciation) तथा प्रावधान, संचय एवं कोष (Provisions, Reserves and Funds) अध्यायों को कम्पनी अधिनियम, 2013 के अनुरूप संशोधित करके अद्यतन किया गया है।
• इस संशोधित संस्करण में 250 से अधिक Illustrations with Solutions तथा 400 से अधिक अभ्यासार्थ प्रश्न (Exercises) उत्तर सहित हैं। इतनी अधिक संख्या में उदाहरण तथा अभ्यासार्थ प्रश्न अन्य किसी भी पुस्तक में नहीं दिए गए हैं।
• विभिन्न विश्वविद्यालयों में अब तक की परीक्षा में पूछे गए प्रश्नों का समावेश इस पुस्तक की अद्वितीय विशेषता है।
• इन्स्टीट्यूट ऑफ चार्टर्ड एकाउण्टैण्ट्स ऑफ इण्डिया द्वारा निर्गत सभी लेखांकन प्रमाप (Accounting Standards) पुस्तक में नए संशोधनों सहित सम्मिलित करके पुस्तक को पूर्णतः अद्यतन बनाया गया है। भारत में लेखांकन मानक (Accounting Standars in India) में नवीनतम स्थिति को सम्मिलित किया गया है।

वित्तीय लेखांकन Financial Accounting Syllabus For B.Com. (Hons.) I Year of Lalit Narayan Mithila University

Unit–I: Introduction: Meaning and Scope of Accounting, Objectives of Accounting, Principles of Accounting, Introduction of Accounting Standards & IFRS, Principles of Double Entry System. Accounting Cycle – Journal, Ledger, Trial Balance, and Final Account.

Unit–II: Branch & Departmental Accounts. Royalty Accounts. Hire Purchase and Instalment Payment System.

Unit-III: Accounting for Partnership Business: Dissolution of Partnership firm with Insolvency of Partner.

Unit–IV: Consignment Account. Self Balancing Ledgers. Accounting for Depreciation, Reserve, Provision, and Surplus.

Unit–V: Financial statement of Not-for-Profit Organizations. Insolvency Account.

वित्तीय लेखांकन Financial Accounting Book विषय-सूची

1. लेखांकन
2. लेखांकन के आधारभूत सिद्धान्त, अवधारणा एवं परम्पराएं 
3. भारत में लेखांकन मानक (अन्तर्राष्ट्रीय वित्तीय प्रतिवेदन मानक सहित)
4. दोहरा लेखा प्रणाली की अवधारणा
5. प्रारंभिक लेखा की मौलिक बही: रोजनामचा
6. जी. एस. टी. की रोजनामचा प्रविष्टियां
7. रोजनामचा का उप-विभाजन: रोकड़ बही 
8. खाता बही: खातौनी के नियम सहित
9. तलपट
10. पूंजीगत व आयगत
11. समायोजन प्रविष्टियां
12. अन्तिम खाते (निर्माण खाता, व्यापारिक खाता, लाभ-हानि खाता तथा चिठा)
13. अशुद्धियों का सुधार
14. मूल्य ह्रास की अवधारणा एवं लेखे
15. प्रावधान, संचय एवं कोष
16. गैर व्यापारिक संस्थाओं के लेखे
17. किराया-क्रय पद्धति
18. किस्त भुगतान पद्धति
19. साझेदारी फर्म का विघटन.1
20. साझेदारी फर्म का विघटन.2 (साझेदार का दिवालिया होना)
21. भागशः वितरण
22. शाखा खाते
23. विभागीय लेखे
24. अधिकार-शुल्क खाते
25. प्रेषण खाते
26. स्वकीय सन्तुलन प्रणाली तथा वर्गीय सन्तुलन प्रणाली
27. दिवाला सम्बन्धी लेखे

The post वित्तीय लेखांकन (Financial Accounting) appeared first on Sahitya Bhawan Publications.

Salient features of the Financial Accounting Book

• The subject matter has been arranged and systematized strictly according to the new syllabus and the following thoroughly revised chapters have been included in the present edition:

1. Rules of Debit and Credit: Journal 
2. Sub-Division of Journal: Cash Book
3. Ledger
4. Trial Balance
5. Preparation of Final Accounts
6. Accounting for Non-Trading Organizations
7. Royalties Accounts
8. Hire-Purchase System
9. Installment Payment System
10. Branch Accounts
11. Concept and Accounting of Depreciation
12. Insolvency Accounts

• New chapters on ‘Journal Entries of G.S.T.’ have been included.
• The chapter on Conversion of Partnership into Joint Stock Company has been revised on the basis of the Companies Act, 2013.
• In each chapter of the book, final accounts have been closed on 31st March only and the final accounts pertaining to companies have been prepared in accordance with Schedule III of the Companies Act, 2013.
• The language and style of presentation are very simple and the subject matter has been divided into various headings and sub-headings so as to give flow in studying this numerical subject.
• Both theoretical and numerical aspects of the subject have been given due importance. The numerical illustrations have been carefully graded with supporting theoretical background. In many places, explanatory notes have also been given to clarify the working of the solution.
• Numerical illustrations and questions have been arranged in a systematic and scientific sequence from simple to complex.
• Illustrations and questions both have been arranged in an identical sequence so that students can easily solve the questions after understanding the illustration in the same order.
• In the selection of illustrations and questions priority has been given to the latest university examination papers so that students may make practice according to that standard.

Financial Accounting Syllabus For B. Com. (Honours) Part – I of Patna University

Basic Accounting concepts and conventions; Nature and significance of accounting, types of Accounting. A brief introduction about Journal, Ledger, and Trial Balance and Preparation of Final Accounts.

Accounting of non-trading organizations – Preparation of Receipts and Payments Account, Income and Expenditure Account, and Balance Sheet.

Single Entry System – Preparation of Accounts from incomplete records convention of single entry into Double Entry System.

Royalty, Hire Purchase and Installment Payment System, Departmental and Branch Accounts (including foreign branch), Insolvency Accounts, Partnership dissolution – Simple Dissolution, Insolvency of partners – Garner Vs. Murry case; Conversion of a firm into the company.

Financial Accounting Syllabus For B. Com. (Honours) Semester I of Patna Women’s College 

Unit 1: Theoretical FrameWork – (a) Accounting as an information system, the users of financial accounting information and their needs. Qualitative characteristics of accounting information. Functions advantages and limitations of accounting. Branches of accounting. Basis of accounting cash basis and accrual basis. (b) The nature of financial accounting principles Basic Concepts and Conventions entity, money measurement, going concern, cost, realization, accruals, periodicity, consistency, prudence(conservatism), materiality, and full disclosures. (c) Accounting standards1 to 10: Concept, benefits, the procedure for issuing accounting standards in India. Salient features of an Accounting standard.

Unit 2: Business Income – (a) Accounting for Non-Profit organizations: Preparation of Income and Expenditure A/c and Balance Sheet. (b) The nature of depreciation. The accounting concept of depreciation methods of computing depreciation straight-line method and diminishing balance method, change in the method of depreciation, Sinking Fund Method. (c) Royalty Accounting.

Unit 3: Accounting for Hire Purchase and Installment Systems

Unit 4: Accounting for Inland Branches – (a) Concept of dependent branches; accounting aspects; Independent branches: Concept – accounting treatment important adjustment entries and preparation of profit and loss account and balance sheet. (b) Accounting of Dissolution of the Partnership firm. Including Insolvency of partners, sale to an Ltd. Company. (c) Insolvency A/c.

Financial Accounting Book Contents

1. Meaning and Scope of Accounting
2. Accounting Concept and Conventions
3. Accounting Standards (Including International Financial Reporting Standards (IFRS) and Indian Accounting Standards)
4. Concept of Double Entry System
5. Rules of Debit and Credit: Journal
6. Journal Entries of G.S.T.
7. Sub-Division of Journal: Cash Book
8. Ledger (Including Rules of Posting)
9. Trial Balance
10. Capital and Revenue
11. Adjustment Entries
12. Final Accounts (Manufacturing Account, Trading Account, Profit & Loss Account and Balance Sheet)
13. Branch Accounts
14. Hire-Purchase System
15. Installment Payment System
16. Royalty Accounts
17. Insolvency Accounts
18. Departmental Accounts
19. Accounting for Non-trading (Non-profit) Organizations (Receipts and Payments Account, Income and Expenditure Account and Balance Sheet)
20. Dissolution of Partnership Firm—1
21. Dissolution of Partnership Firm—2 (With Insolvency of Partner)
22. Piecemeal Distribution
23. Conversion of Partnership Into a Joint Stock Company and Sale of Partnership Business
24. Concept and Accounting of Depreciation
25. Single Entry System

The post Financial Accounting appeared first on Sahitya Bhawan Publications.

Financial Accountancy is mostly regarded as a difficult subject but the reader of this book will realise that it is not so, because it has been written in simple language and in most systematic order explaining each and every point at length

Some of the special features of this book are :

• The book has been thoroughly revised.
• A new chapter on Journal Entries of G.S.T. has been included in the book so that students may study the accounting of G.S.T.
• The most unique feature of the book is the inclusion of Computerised Accounting System in the book. The whole syllabus of Unit 6 on Computerised Accounts by using popular accounting system has been divided into 5 different chapters covering all topics of the syllabus and each and every topic has been explained in details by using the most popular accounting software “TALLY.ERP 9”. Further at the end 174 multiple choice questions on Computerised Accounting System with Answers have been given which would help the students to understand the subject easily.
• In each chapter of the book final accounts have been closed on 31st March only.
• In each chapter Short Answer Type Questions, Long Answer Type Questions, Objective Type Questions and Practical Problems with Answer have been given.

After going through the theory, illustrations and questions of this book, one can easily solve questions of university examinations.

Acquisition of thorough knowledge of Accountancy : A candidate can solve Accountancy questions only when he has confidence and such confidence can be acquired only on the basis of real knowledge of this subject. For this purpose suitable illustrations have been given to explain various theories, principles, rules and procedures. Selection of practical illustrations and questions in each chapter and placing them in a systematic order is so reasonable, logical, orderly and scientific that even an ordinary student can acquire real, complete, thorough, latest and up-to-date knowledge of this subject in a very short period of time and without any exertion on his part.

Financial Accounting Including Computerised Accounts Syllabus For B.Com I Year of Awadhesh Pratap Singh University Rewa, Barkatullah University Bhopal, Dr. Harisingh Gour University Sagar, Rani Durgavati Vishwavidyalaya Jabalpur, Vikram University Ujjain

Part A Introduction

Program: Certificate B.Com. First Year  Session 2021-11
Subject: Commerce
Course Code: C1-COMA1T
Course Title: Financial Accounting
Course Type: Core
Pre-requisite: Not required open for all
Course Learning Outcomes: Successful completion of this course, the student will be able to :

• Acquire conceptual knowledge of basics of accounting
• Identify events that need to be recorded in the accounting records
• Develop the skills of recording financial transactions and preparation of reports in accordance with GAAP
• Describe the role of accounting information and its limitations
• Equip with the knowledge of accounting process and preparation of in accounts of sole trader
• Identify and analyze the reasons for the difference between cash book and pass book balances
• Recognize circumstances providing for increased exposure to errors and frauds.

Unit Total No. of Lectures (in hours per week)-3, Total lectures: 90 No. of
lectures

1. Accounts: Indian History, Definition, Objectives, Basics Concept and Principals of Double Entry System, Journal Entry, Ledger, Subsidiary books, Trial Balance, Introduction to Indian Accounting Standard, Final Accounts.
2. Accounting for Depreciation (According to Accounting Standard-6), Branch Accounts.
3. Royalty Accounts, Departmental Accounts.
4. Accounting of Non-Profit Organisation, Investment Account, Consignment Accounts.
5. Partnership Accounts: Dissolution of Partnership (with Insolvency), Amalgamation of Partnership Firms, Conversion of Partnership firm into joint-stock Company.
6. Computerized Accounts by using any popular accounting software, creating a company, configure and features set, creating accounting ledgers and groups, creating stock items and groups, vouchers entry (with the maintenance of vouchers), generating report – cash book, ledger accounts, trial balance, profit, and loss account and balance sheet.
   Keywords/Tags: financial A/c, Depreciation, Accounting Standard, branch a/c, royalty a/c, partnership a/c, Computerized Accounts.

Financial Accounting Book Contents

1. Introduction To Accounting
2. Concept Of Double Entry System
3. Accounting Concepts And Conventions
4. Preparation Of Journal
5. Journal Entries Of G.S.T
6. Sub-Division Of Journal : Cash Book
7. Sub-Division Of Journal : Subsidiary Books
8. Preparation Of Ledger
9. Preparation Of Trial Balance
10. Final Accounts
11. Introduction To Indian Accounting Standards [Including International Financial Reporting Standards (IFRS)And Indian Accounting Standards]
12. Accounting For Depreciation
13. Branch Accounts
14. Departmental Accounts
15. Royalty Accounts
16. Accounting Of Non-Profit Organisations
17. Consignment Accounts .
18. Investment Accounts
19. Dissolution Of Partnership Firm-1
20. Dissolution Of Partnership Firm-2 (With Insolvency Of Partner)
21. Piecemeal Distribution
22. Amalgamation Of Partnership Firms
23. Conversion Of Partnership Firm Into Joint Stock Company
    Computerised Accounts
24. Computerised Accounting System
25. Popular Accounting Software Tally.Erp 9
26. Group, Ledger, And Vouchers Entry
27. Inventory Features (Stock Group And Creating Stock Items And Accounting Vouchers)
28. Generating Reports

• Objective Type Questions With Answer Based on Computerised Accounts

The post Financial Accounting Including Computerised Accounts appeared first on Sahitya Bhawan Publications.