Financial Accounting (First Year B.Com. Sem-I)

There are a number of books on the subject of Financial Accounting available in the learners market but they do not meet the basic requirements of First Year Commerce students of Savitribai Phule Pune University. This book is written as per the revised syllabus prescribed for F.Y.B.Com. Semester - I students by the Savitribai Phule Pune University from June, 2019. We do hope that this book will definitely help to meet the growing requirements of the students of Financial Accounting from the Faculty of Commerce and Management. This book adopts a modern and novel approach towards the study of Financial Accounting in view of the specific requirements of the readers and practitioners of this subject.

All the topics included in the syllabus are explained in simple but apt language. Equal stress is also given for necessary accounting theories and a wide variety of practical problems. We have taken appropriate care to incorporate basic accounting concepts, accounting standards and, tabular and graphical representation of classified financial statements. Proper emphasis is also given on charts and graphs to simplify the complicated accounting theories and practices. This book has been designed to serve as a self sufficient text for F.Y.B.Com. Semester - I students. It will definitely add to our satisfaction if this book would be more useful as a guide and reference for practicing accountants, professional managers, dynamic entrepreneurs and enthusiastic teachers of the subject.

1. Accounting Concepts, Conventions and Principles and Emerging Trends in Accounting

2. Piecemeal Distribution of Cash

3. Accounts from Incomplete Records (Single Entry System)

4. Introduction to Goods and Services Tax Laws and Accounting

Appendices