Contents: Preface 1. Introduction to Accounting 2. Accounting Principles and Standards 3. Final Accounts of Sole Trader 4. Rectification of Errors 5. Bills of Exchange 6. Consignment Accounts 7. Joint Venture Accounts 8. Self-balancing Ledgers and Sectional Balancing System 9. Branch Accounting 10. Accounts from Incomplete Records 11. Accounts of Non-profit Organizations 12. Depreciation Accounting 13. Hire Purchase and Instalment Purchase System 14. Lease Accounting 15. Human Resources Accounting and Responsibility Accounting 16. Mechanised Accounting Appendix Index
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.