Chapter 1:Business Organisation and Accounting Chapter 2: Financial Accounting - Framework Chapter 3: Classification of Assets and Liabilities Chapter 4: The Accounting Cycle Chapter 5: Completion of Accounting Cycle Chapter 6: Final Accounts of A Limited Liability Company Chapter 7: Financial Statement Analysis – Ratio Analysis Chapter 8: Funds Flow Analysis Chapter 9: Cash Flow Analysis Chapter 10: Inventory – Accounting and Reporting Issues Chapter 11: Accounting and Measurement of Assets Chapter 12: Accounting for Liabilities Chapter 13: Accounting Issues for financial instruments and foreign exchange transaction Chapter 14: Account of Limited Liability Companies -- Accounting for Shares and Debentures Chapter 15: Accounting for Merger, Amalgamation and Acquisitions Chapter 16: Consolidated Financial Statement Chapter 17: Accounting Standards and IFRS Chapter 18: Accounting For Leases Chapter 19: Reporting Financial Performance and Corporate Governance Appendix I: Window Dressing vs Accounting Appendix II: Case Studies Appendix III: Recent changes in rules and regulation related to Revised Schedule VI to Companies Act, 1956, IFRS and GST Model Question Papers

This book provides a comprehensive coverage on financial accounting. It includes all the latest topics of the subject like IFRS, inventory accounting, etc. It is rich in pedagogy, examples, cases and exercises. It discusses the core concepts of financial accounting with the right mix of theory with practical applications in a student-friendly manner.