Financial Accounting

Special Features of the Financial Accounting book :

• The unique feature of the Financial Accounting book is Chapters on Indian Accounting Standards have been written afresh and are updated on the basis of the latest amendments made in several Accounting Standards by ICAI in August 2016. Also Latest Status of all the Accounting Standards issued by ICAI so far has been included. Further, AS-10 (Revised) has been included in the book.
• The book has been thoroughly revised and several new chapters have been included in the book on the basis of the new B.Com. (Hons.) First Year
  (Year-wise syllabus) for various universities of Madhya Pradesh.
• Conversion of Partnership Firm into Joint Stock Company has been revised on the basis of The Companies Act, 2013.
• In each chapter of Financial Accounting 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.
• Chapters of Dissolution of Partnership Firm have been thoroughly revised and a new chapter on Piecemeal Distribution has been incorporated.
• In each chapter Short Answer Type Questions, Long Answer Type Questions, Objective Type Questions and Practical Problems with Answer have been given.