Indirect Taxes is a dynamic subject, It has to be up-dated every year avoiding to the amendments made by the finance Act in the Parliament during the month of February every year. In the developing economy like ours, the importance of Indirect Tax has been acknowledged by all specially, when the revenues are collected for the exclusive welfare of the state. This book is written in a simple language adhering to all the recent amendments made for the Assessment Year 2015-16. The rules are explained along with number of illustrations. The Book is helpful for all the students studying at UG courses. The main principle and techniques of the subject have been discussed in a very simple language and special emphasis. Each unit ends with a set of theoretical and practical Problems exercises so that the readers can reinforce their understanding of the unit and prepare themselves thoroughly for examination. We are sure this book will prove to be useful to students and teachers alike. This book would not have seen the light, but for the support of our family members and friends. Contents : Unit - 1 Central Excise Unit - 2 Customs Act, 1962 Unit - 3 Clearance Procedure Unit - 4 Central Sales Tax Unit - 5 Exemption of Subsequent Sales

Auditing is an important purposeful activity from the legal, economic, social, political and ethical point of view especially in the business world. It is not an ordinary work or activity. In fact, it is based on certain principles. Hence, the knowledge of auditing is essential for all who engage in any business or run any institution. The book, Principles of Auditing, is intended for the graduate and postgraduate students of Commerce of all Indian universities. This is a comprehensive book that provides all the topics in detail so as to help the teachers and students grasp the subject matter easily. And it also meets the requirement of those who appear for competitive examinations like CA and ICWA. It is a book of new approach which deals with the special auditing of hospitals and educational institutions. In fact, it contains almost all subject matters prescribed in the Indian universities. Moreover, the simplicity of language and systematic approach enable the teachers and students to prepare for examinations, assignment, discussion and seminar. Above all, this is one of the best books available in the market because it deals the subject with practical experiences. The salient features of this book are: (1) It discusses the the new trends in auditing, (2) It highlights the problems of auditing, (3) It provides suggestions for making the auditing process effective and successful, (4) It meets the requirements of students of all categories, (5) It provides review questions and references which enable the learners to acquire a comprehensive knowledge in the auditing field. Therefore, this book can be used as text as well as reference one. Contents - 1. Meaning and Nature of Auditing 2. Principles and Planning of Auditing 3. Audit Programme 4. Auditing in EDP Environment 5. Audit Evidence and Audit Procedures 6. Internal Control and Internal Checking 7. Vouching and Routine Checking 8. Verification of Assets and Liabilities 9. Investigation 10. Capital and Revenue 11. Depreciation 12. Reserves and Provisions 13. Management Audit 14. Cost Audit 15. Tax Audit 16. Audit of Government 17. Divisible Profit 18. Audit of Financial Statement 19. Audit of Limited Company 20. Audit of Insurance Companies 21. Audit of Co-operative Banks 22. Special Auditing 23. Auditor's Report 24. Professional Conduct and Ethics 25. New Trends in Auditing Books for Reference

This book is for all the students aspiring to make the grade in the CMA final examination. To become a professional, the aspirants are in search of reliable training-aid that equips them with the skills expected of them by examiners. The subject of cost and management audit is both interesting and easy to understand. The expectations of students are seen to be two fold. First: Step by step solutions. Second: Well illustrated coverage of theory portion of the subject. An attempt has been made in this book, to meet all these two core expectations. Contents - 1. Basics of Cost Audit 2. Companies (Cost Audit Record and Audit) Rules, 2014 3. Cost Auditor – Professional Ethics and Responsibilities 4. Cost Accounting Standard 5. Cost Auditing Standards (CAS) 6. Filing of Cost Audit Report to MCA [In XBRL Format (As Per Taxonomy)] 7. Management Reporting Issues Under Cost Audit 8. Basics of Management Audit 9. Management Audit in Different Functions 10. Internal Control, Internal Audit and Operational Audit 11. Internal Audit in Different Sectors 12. Case Study on Performance Analysis [Practical Problems] 13. Objective Questions

The book, Cost and Financial Analysis, has been primarily written for BBM course of Bangalore University. It will be useful to the students of other programmes also where Cost and Financial Analysis course has been included. The book covers discussion on accounting, financial statements, ratios analysis, statement of changes in financial position (SCFP), variable costing, differential cost analysis, standard costing, budgeting, accounting for price-level changes. Written in clear and concise manner alongwith logical presentation and updated and comprehensive coverage, the book is student-friendly and will prove very useful to students of Bangalore University pursuing BBM Course. The book will also be useful to other programmes/courses which are having Cost and Financial Analysis paper in their syllabi. Book Content of Cost and Financial Analysis 1. Accounting - Nature, Concepts and Principles 2. Understanding Financial Statements 3. Ratio Analysis 4. Statement of Changes in Financial Position (SCFP) 6. Differential Cost Analysis for Managerial Decisions 7. Standard Costing 8. Budgeting 9. Accounting for Price-Level Changes Appendix − Skill Development

Accounting is a dynamic subject which is constantly evolving to keep pace with changes and new developments in business. It is a growing and developing subject and, as such, accounting concepts, procedures and techniques are also constantly being reviewed. A clear exposition of these concepts, procedures and techniques is a must for every business executive. The Universities and professional institutions which prepare young men and women for careers in business and industry have, therefore, a solemn duty to perform. Their courses must be constantly updated so that they meet the growing and dynamic demands of business and industry. The original structure of the book was designed to instruct Managers rather than Accountants. Keeping the above objectives in mind, most of the universities all over the country have incorporated a subject 'Accounting for Managers' in the course curriculum of their MBA and PGDM programmes. Accounting for Managers provides students with abundant knowledge of basic accounting principles and practices presented in a simple and a systematic manner. The unique feature of this book lies in the presentation of theory, which enables students to solve practical problems. The other main strengths of this book are its plentiful illustrative examples and end-of-chapter exercises. The wide coverage and user-friendly approach helps the book meet the requirements of the students of MBA, The book will also be of help to students of B.Com, M.Com, M.CA,M.F.M,CA, ICWA and CS. Contents - Chapter – 1 Nature and Scope of Financial Accounting Chapter – 2 Accounting Concepts and Conventions Chapter – 3 Accounting Process Chapter – 4 Capital and Revenue Chapter – 5 Depreciation and Valuation of Inventory Chapter – 6 Final Accounting Chapter – 7 Accounting Standards Chapter – 8 Human Resource Accounting Chapter – 9 Final Accounts of Companies Chapter – 10 Taxation and Tax Planning Chapter – 11 Analysis of Financial Statements Chapter – 12 Ratio Analysis Chapter – 13 Funds Flow and Cash Flow Statements Chapter – 14 Information to Cost Accounting Chapter – 15 Cost Sheet Chapter – 16 Marginal Costing & CVP Analysis

Due to unprecedented developments in the economies world over, Cost Management is receiving greater attention of both the corporate world and the academic institutions. This has encouraged the academic institutions to introduce a course on Cost Management in their programmes of study such as M.Com, ICWA, CA, etc. However, available literature on this subject is very inadequate. The book covers ten important techniques of Cost Management, Initially, the book introduces, in the first chapter, Cost Accounting and different related aspects such as cost concepts, classification of costs, methods, systems and techniques of Cost Accounting followed by the emergence of Cost Management, tools and techniques of Cost Accounting. A Comprehensive analysis of Activity-Based Costing is made in the second chapter which begins with the methodology of overhead accounting under conventional Costing and identification of its limitations followed by different aspects of Activity-Based Costing. Third chapter discusses both Product Life Cycle Costing and Project Life Costing. Need for and importance of Target Costing followed by methodology is discussed in detail in the fourth chapter. The fifth chapter discusses the Learning Curve Theory. Preparation of income statement under three different Costing approaches with a detailed study under Throughput Costing is made in the sixth chapter. The next two chapters (VII and VIII) discuss pricing strategies, methods, etc., and Transfer Pricing. The last chapter discusses three important cost management techniques viz., Just-in-Time Policy, Quality Costs (TQM) and Balanced Scorecard. This book is prepared systematically keeping in mind two important aspects viz., the theoretical framework and the practical application. The book lays emphasis on the comprehensive analysis of each and every concept supported well by the relevant examples / illustration. It views the concepts, tools techniques, etc., from the point of view of practical relevance. A number of relevant problems are discussed systematically. And these illustrations and the problems given at the end of the chapters under the head, Questions for Self Study are extracted from the questions papers of different programmes of study such as M.Com, ICWA, CA, etc., of professional institutes and of some universities. Contents : 1. Introduction - Cost Ascertainment to Cost Management 2. Activity-based costing 3. Life Cycle costing 4. Target Costing 5. Learning Curve Theory 6. Throughput Costing 7. Pricing - Strategies, Policies and Methods 8. Transfer Pricing 9. JIT, Quality Costs and BSC

This book is prepared systematically keeping in mind two important aspects. one, syllabi of Cost Accounting papers of most of the Commerce and Management Courses of different Universities such as B.Com., BBM, M.Com., MBA and Diploma Courses and also the syllabi of professional courses such as ICWA, CA, CS, CFA, etc. Two, the book is designed in a very systematic manner keeping in mind the interest and requirements and expectations of students and teaching community. The analysis is very lucid in explaining the difficult theoretical concepts with the help of appropriate illustrations. This helps the student community to understand and appreciate the concepts. Alarge number of problems drawn from B.Com., BBM, ICWA, CA, M.Com., and MBA question papers of different institutes and Universities have also been solved to help the student community to prepare for their examinations. The book, therefore, lays emphasis on the comprehensive analysis of each and every concept supported well' by relevant illustrations. It views the concepts, tools, techniques, etc. from the viewpoint of practical relevance, and how far these have been adapted and to what extent-they can be adapted by the industrial society. Contents - I. Fundamentals of Cost Accounting II. Material Cost III. Labour Cost IV. Overhead Expenses V. Single or Output Costing VI. Job Costing and Batch Costing VII. Contract Costing VIII. Process Costing and Operation Costing IX. Operating Costing X. Reconciliation of Cost and Financial Accounts Bibliography

Food and Beverage Management and Control deals with the techniques as applied to food and beverage business for greater efficiency and profitability. This book clearly explains the step-by-step procedures for food and beverage management and control. The contents of the book are based on actual practices of well-managed hotels, as well as food and beverage establishments. The book gives special attention to problems associated with internal control of revenues and expenses. It describes in a simplified manner the composition and structure of this trade, various weights and measures, elements of cost and sale, food cost, volume forecasting and portion control, dish costing, meat costing, cost of staff meals, gross and net profit, total cost and selling price, pricing policy banquet cost/special function, operating statements, control and development of budget, cash budget, diagrams and graphic presentation and break-even analysis, so significant in the management of any business. Students of hotel and tourism management programs, management trainees, hotel managers, food and beverage managers, will appreciate the methodology of presentation and in-depth knowledge illustrated through practical problem solving approach applied in the text. Numerous formats, forms, tables, graphs, figures, diagrams, specimens, financial statements and reports, case studies, practical problems and their solutions are explained in each topic. Examination questions based specially for semester, objective type problems covering both practical and theoretical inputs have been incorporated in the text to assist those with limited knowledge of hotel accounting and financial techniques. Contents - SECTION – I : INTRODUCTION 1.1 Food and Beverage Management 1.2 Food and Beverage Costing 1.3 Weights and Measures 1.4 Menu Sequence and Analysis 1.5 A lá carte and Table d'hote SECTION – II : COSTING AND PRICING POLICY 2.1 Food and Beverages Cost and Sales 2.2 Food Cost 2.3 Volume Forecasting and Production Control 2.4 Recipe or Dish Costing 2.5 Meat Costing 2.6 Cost of Staff Meals 2.7 Gross Profit 2.8 Labour Cost 2.9 Indirect Cost or Overheads 2.10 Allocation and Apportionment of Hotel Costs 2.11 Net Profit 2.12 Total Cost and Selling Prices 2.13 Food and Beverage Pricing Policy 2.14 Menu Pricing 2.15 Banqueting Cost and Special Functions 2.16 Operating Statements SECTION – III : CONTROL TECHNIQUES AND BUDGETING POLICY 3.1 Food and Beverage Control 3.2 Cash Flow Statement 3.3 Budgeting 3.4 Development of Budgets 3.5 Cash Budget 3.6 Diagrams and Graphic Representation 3.7 Break-even Analysis Appendix – I: 50 Short Answer Questions with Solutions Appendix – II: 110 Formulas for Managing and Controlling Food and Beverage Operations Appendix – III: 63 Food and Beverage Control Forms/Formats: Test Your Knowledge Glossary (Technical Terms) Bibliography

Accounting Standards is an authoritative pronouncement of code of practice of the regulatory accountancy body to be observed and applied in the preparation and presentation of financial statements. These standards are intended to apply only to material items. This book on Indian Accounting Standards has been prepared for students preparing for the examinations of the Institute of Chartered Accountants of India (ICAI), Institute of Cost and Works Accountants of India (ICWA), Institute of Company Secretaries of India (ICS) and B.Com. and M.Com. courses of all Indian Universities. The book attempts to explain and illustrate in the simplest language all the Accounting Standards. Contents : 1. Disclosure of Accounting Policies (AS 1) 2. Inventories (AS 2) 3. Cash Flow Statements (AS 3) 4. Contingencies and Events Occuring after the Balance Sheet Date (Revised) (AS 4) 5. Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies (AS 5) 6. Depreciation Accounting (AS 6) 7. Construction Contracts (AS 7) 8. Revenue (AS 9) 9. Accounting for Fixed Assets (AS 10) 10. The Effects of Changes in Foreign Exchange Rates (AS 11) 11. Accounting for Government Grants (AS 12) 12. Accounting for Investments (AS 13) 13. Accounting for Amalgamations (AS 14) 14. Employee Benefits (AS 15) 15. Borrowing Costs (AS 16) 16. Segment Reporting (AS 17) 17. Related Party Disclosures (AS 18) 18. Leases (AS 19) 19. Earnings Per Share (As 20) 20. Consolidated Financial Statements (AS 21) 21. Accounting for Taxes on Income (As 22) 22. Accounting for Investments in Associates in Consolidated Financial Statements (As 23) 23. Discontinuing Operations (As 24) 24. Interim Financial Reporting (As 25) 25. Intangible Assets (As 26) 26. Financial Reporting of Interest in Joint Venture (As 27) 27. Impairment of Assets (As 28) 28. Provisions, Contingent Liabilities and Contingent Assets (As 29) 29. Financial Instruments: Recognition and Measurement (As 30) 30. Financial Instruments: Hedge Accounting (As 30) 31. Derivative (As 30 ) 32. Embedded Derivatives (As 30) 33. Financial Instruments: Presentation (As 31) 34. Financial Instruments: Disclosures (As 32) 35. Financial Instruments: Advanced Question

Income tax is a dynamic subject. It has to be up-dated every year avoiding to the amendments made by the Finance Act in the Parliament during the month of February every year. In the developing economy like ours, the importance of Income Tax has been acknowledged by all specially, when the revenues are collected for the exclusive welfare of the state. This book is written in a simple language adhering to all the recent amendments made for the Assessment Year 2022-23. The rules are explained along with number of illustrations. This book is helpfull for all the students studying at UG and PG courses. Contents : Direct Taxes Unit - 1 Basic Concept of Income Tax Unit - 2 Capital and Revenue Unit - 3 Residential Status & Incidence of Tax Unit - 4 Exempted Incomes Unit - 5 Income from Salary Unit - 6 Income from House Property Unit - 7 Profit & Gains from Business/Profession Unit - 8 Capital Gains Unit - 9 Income from Other Sources Unit - 10 Clubbing and Agreegation of Income Unit - 11 Set-off and Carry Forward of Losses Unit - 12 Agricultural Income Unit - 13 Deductions of Gross Total Income Unit - 14 Assessment of Individual Unit - 15 Assessement of HUF Unit - 16 Assessement of Firms Unit - 17 Assessement of AOP/BOI Unit - 18 Assessement of Companies Unit - 19 Income Tax Authorities & Procedures of Assessments Unit - 20 Return of Income & E-filing Unit - 21 Tax Deduction Sources (TDS) Unit - 22 Advance Payment of Tax Unit - 23 Refund and Penalties Unit - 24 Appeals and Revision Indirect Taxes Unit - 25 Basic Concepts of GST Unit - 26 Scope of Supply Unit - 27 GST Liability & Input Tax Credit Unit - 28 GST Procedures Unit - 29 Payment and Refund Under GST Unit - 30 Customs Duty Appendix