Designed primarily as a text for undergraduate and postgraduate students of commerce and postgraduate students of management, and for Chartered Accountancy (CA) and the Institute of Cost and Works Accountants of India (ICWAI) courses, this well-organized book provides a thorough analysis of the different aspects of Accounting. The text not only gives a clear analysis of the accounting principles and techniques but also effectively combines the theoretical and practical aspects of advanced/financial accounting.
The book begins with an introduction to accounting and proceeds to discuss accounting principles and standards. It also explains the final accounts of sole traders and then moves on to dwell on topics such as rectification of errors, bills of exchange and consignment accounts. Besides, it deals in detail with joint venture accounts, accounts from incomplete records, accounts of non-profit organizations, and a host of other topics. The text then concludes by highlighting the new trends in human resources accounting and responsibility accounting.
KEY FEATURES :
Provides an extensive coverage of accounting principles and standards.
Develops distinct approaches for the study and analysis of accounting techniques.
Focuses on new trends in accounting.
Provides 354 problems and 306 worked-out examples.
This book, with its happy fusion of principles and practices of accounting, would be very useful not only for the students of commerce, management and other allied courses but also for accounting professionals.