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<p>"Financial Accounting is a comprehensive, authentic & well-illustrated book. The objective of this book is to provide a thorough analysis and new insights, in simple language, for the interwoven laws and the standards in solving accounting problems. This book will be helpful for students of MBA/M.Com./PGDM/PGPM and other professional courses of various universities/institutes throughout India.</p><p>The Present Publication is the latest 2022 Edition, authored by Bhushan Kumar Goyal & H.N. Tiwari, with the following noteworthy features:[Comprehensive Presentation of Theory, Procedure & Practice] of accounting [Student-Oriented Book] This book has been developed keeping in mind the following factors:Interaction of the author/teacher with their students in the classroom. Shaped by the author/teachers experience of teaching the subject matter at different levels for more than 43 years.</p><p>Reactions and responses of students have also been incorporated at different places in the book, [Simple Language & Systematic Manner] of the presentation of the subject matter, [Solved Illustrations & Working Notes] have been incorporated throughout this book to make the understanding of the concepts easy, [Accounting Treatment] have been given in conformity with the Accounting Standards & relevant statutes.</p><p>The contents of the book are as follows: Accounting System, Financial Accounting Principles, Introduction to Accounting Standards and Ind-AS, Accounting Process: Journal and Ledger, Accounting Process: Subsidiary Books, Ledger and Trial-Balance, Measurement of Business Income and Revenue Recognition, Accounting for Property, Plant, Equipment and Depreciation, Inventory Valuation, Capital and Revenue Expenditure and Receipts, Financial Statements of Non-Corporate Business Entities, Financial Statements for Not-For-Profit Organisations, Accounting for Hire Purchase and Instalment System, Lease Accounting, Accounting for Inland Branches, Departmental Accounting, Partnership Accounting – Fundamentals, Admission, Retirement and Death-Overview, Accounting for Dissolution of Partnership Firms, Computerised Accounting System, Cash Flow Statements, Financial Ratio Analysis."</p><div><br></div>
