Taxmann's Basic Financial Accounting (UGCF | 2 Vols.) – Most updated & amended student-oriented book, with numerous solved illustrations plus working notes & B.Com. past question papers
About this Book
This is a comprehensive, authentic & well-illustrated book for Financial Accounting.
This book aims to fulfil the requirement of students of undergraduate courses in commerce and management, particularly the following:
• B.Com. Sem (I) Core Paper BC: DSC 1.3 based on the Undergraduate Curriculum Framework (UGCF) by the University of Delhi
• Non-Collegiate Women's Education Board (NCWEB)
• School of Open Learning (University of Delhi)
• Undergraduate Commerce & Management Courses at various Central Universities throughout India
The Present Publication is the 9th Edition, authored by Bhushan Kumar Goyal, with the following noteworthy features:
• [Highlights of the Ninth Edition] are as follows:
o [Most Amended & Updated]
o [New Illustrations] has been added to this book
o [B.Com. Past Question Papers] for the years 2021 & 2022 have been added to this book
• [Comprehensive Presentation of Theory, Procedure & Practice] of accounting
• [Student-Oriented Book] This book has been developed keeping in mind the following factors:
o Interaction of the author/teacher with their students in the classroom
o Shaped by the author/teacher's experience of teaching the subject matter at different levels for more than 43 years
o 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 with special emphasis on those points which students generally find difficult
• [Solved Illustrations & Working Notes] have been incorporated throughout this book to make the understanding of the concepts easy
• [Practical Assignments & Latest Questions Papers] have been given in Vol. II of the book
• [Multiple True/False Type Questions] have been incorporated into the book
The contents of the book are as follows:
• Volume I
o Accounting System
o Capital and Revenue Expenditures and Receipts
o Events Occurring after the Balance Sheet Date
o Extraordinary Items, Prior Period Items, Accounting Estimate, Accounting Policies and Fair Value
o Provisions, Contingent Liability and Contingent Assets
o Financial Accounting Principles
o Introduction to Accounting Standards and Ind-AS
o Accounting Process: Journal and Ledger
o Accounting Process: Subsidiary Books, Ledger and Trial-Balance
o Accounting for Goods and Services Tax
o Measurement of Business Income and Revenue Recognition
o Accounting for Property, Plant, Equipment and Depreciation
o Accounting for Intangible Assets
o Inventory Valuation
o Financial Statements of Non-Corporate Business Entities
o Financial Statements for Not-For-Profit Organisations
o Accounting for Inland Branches
o Departmental Accounting
o Lease Accounting
o Computerised Accounting System
• Volume II
o Objective Questions with Answers
o Accounting Process: Journal and Ledger
o Accounting Process: Subsidiary Books, Ledger and Trial-Balance
o Accounting for Property, Plant, Equipment and Depreciation
o Accounting for Intangible Assets
o Inventory Valuation
o Financial Statements of Non-Corporate Business Entities
o Financial Statements for Not-For-Profit Organisations
o Accounting for Inland Branches
o Departmental Accounting
o Lease Accounting
o Computerised Accounting System
o B.Com. CBCS: 2021
o B.Com. CBCS: 2022
Source: View Book on Google Books