Financial Accounting

Special features of this book are :

• Chapters on (i) Analysis and Interpretation of Financial Statements, (ii) Conversion of Partnership into Joint Stock Company, (iii) Depreciation and (iv) Provision, Reserve and Funds have been revised on the basis of Companies Act, 2013.
• Accounting Philosophy : 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 includes all the 29 Accounting Standards issued by the Institute of Chartered Accountants of India.
• University Examinations : This book adequately satisfies the standard of various Universities of Bihar. 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.
• Care has been taken to present the study material in a logical sequence to facilitate easy understanding by the students. Short illustrations have been incorporated in each chapter to explain the concepts/principles dealt with in the chapter. Another helpful feature is the inclusion of the latest examination questions of various universities of Bihar.