Synopsis Handbook of Accountancy by : Arihant Experts
The handbook of Accountancy has been designed for the students studying in Class XI-XII to act as the revision cum Quick Study Resource for various concepts of Accountancy. This handbook is a multipurpose quick revision resource with unique format which displays concepts clearly, places them in context and crisply identifies and describes all the factors involved. This handbook has been divided into 35 chapters namely Theoretical Framework of Accounting, Accounting Principles, Accounting Equation, Accounting Standards & IFRS, Accounting Process: Journal to Trial Balance, Reconcilation Statement, Accounting for Inventory, Financial Statements of Proprietary Concerns, Financial Statements of Not-for-Profit Concerns, Financial Statements from Single Entry System, Rectification of Errors, Depreciation Accounting, Consignment Accounting, Joint Venture Accounting, Bills of Exchange, Sale of Goals on Approval or Return Basis, Fundamental of Partnership, Reconstitution of Firm – Change in Profit Sharing Ratio, Reconstitution of Firm – Admission of Partner, Reconstitution of Firm – Retirement of a Partner, Reconstitution of Firm – Death of Partner, Dissolution of Firm, Share Capital, Issue of Debentures, Redemption of Debentures, Issue & Redemption of Preference Shares, Financial Statements of Companies, Introduction to Cost Accounting, Material Costing, Labour Costing & Direct Expenses, Overhead Costing, Cost Sheet, Fundamentals of Management Accounting, Ananlysis of Financial Statements, Cash Flow Statement and Ratio Analysis. The study material of the book has been prepared in the form of compendium, consisting of all important topics, such as concepts, definitions, principles and procedures; well illustrated with examples and diagrams. In the nutshell, this book can be used as a compact and portable reference book for study purpose and for general reference. Due to its simple information and lucid language it can also be used for general reference. This book will prove to be highly useful for aspirants preparing for competitive examinations like CET-BBA, BCA, ICWA, CMA, CS, etc.