This is a focused book on Financial Accounting for B.Com. students to possess knowledge of the concepts and practices. It also provides exam-oriented problems and solutions.

The Present Publication is the Reprint 2022 Edition, authored by CMA M.N. Arora, Dr K.V. Achalapathi, and Dr S. Brinda. The noteworthy features of this book are as follows:

• [Student-friendly, Systematic & Intelligible] The subject matter is presented in a student-friendly, systematic & intelligible manner with a focus on the concept and practices of Financial Accounting

• [Discussions with Numerical Examples] Every discussion involving a conceptual difficulty is immediately followed by a numerical example

• [Charts & Diagrams] have been included in this book to bring to light the finer points of the subject and to make it understandable

• [Computerized Accounting] includes solved problems for the benefit of the student

• [Theoretical & Numerical Questions] from various examinations have been included in this book

• [Objective Type Questions] have been given to serve as self-test by students

The contents of the book are as follows:

• Financial Accounting

o Introduction to Accounting

o Accounting Principles – Concepts and Conventions

o Journal, Ledger and Trial Balance

o Subsidiary Books

o Bank Reconciliation Statement

o Rectification of Errors

o Final Accounts (Financial Statements)

o Consignment Accounts

o Joint Venture Accounts

o Depreciation, Provisions and Reserves

• Computerised Accounting

o Computer Accounting Lab Practice on Tally