"Bhushan Kumar Goyal, Bhushan Kumar Goyal is an Associate Professor at Shri Ram College of Commerce, University of Delhi. He did his B.Com (H) and M.Com from Shri Ram College of Commerce. After that, he completed his LL.B from the University of Delhi. He has been teaching Accounting for more than 39 years at Shri Ram College of Commerce. He has been visiting faculty at the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. H.N. Tiwari, Harendra Nath Tiwari is an Associate Professor at the Commerce Department, Shri Ram College of Commerce (SRCC), University of Delhi. He is an alumnus of the Department of Commerce, the University of Delhi, where he obtained his post-graduation degree in Commerce (M.Com.). He is pursuing a PhD in Finance from the Department of Finance and Business Economics.Mr. Tiwari has contributed several research articles in National and International Journals and has published several books on Computer Applications and Financial Accounting. He has also conducted several Faculty Development Programs on Research Methodology and Excel and SPSS in Teaching, Research, Executive Development and Training Programmes for officers of Indian Railways. He regularly conducts students workshops on using Excel and SPSS for financial decision-making. He has over fourteen years of experience teaching and training UG and PG students."
<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>