ADVANCED FINANCIAL ACCOUNTING. dr. s.m. shukla

  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 :
Many developments have taken place in Accounting Philosophy and International
Accounting Standard. An effort has been made to incorporate all such developments in
this book.
The book has been thoroughly revised. The unique feature of the book is that final accounts
(Profit & Loss A/c and Balance Sheets) have been closed on 31st March only.
Final accounts of Companies in the book have been prepared according to schedule III
of the Companies Act, 2013
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.
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 sufficient 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, knowledge of the 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.