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Financial Accounting

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Mohali, Mohali

Course ID: 36089

Mohali, Mohali

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Navjot Kaur

pursuing Chartered Accountancy

About Navjot Kaur

I have been teaching students last 5 years. I teach mainly with batches. I have experience in handling all kind of students.
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About the Course

                                  Financial Accounting (Syllabus)

                                             Section -A

            Accounting: Meaning, scope and importance, Branches of Accounting, Accounting  Concepts and Conventions, Double Entry System, Preparation of Journal, Subsidiary Books including Cash Book, Ledger, Trial Balance, Preparation of Final Accounts of Sole Traders and Partnership Firms.

                                                Section -B

            Distinction between Capital and Revenue items, Introduction to Accounting Standards: Concepts, need and developments in India. Standards in India, Errors and their rectification; Bank reconciliation Statement, Depreciation Methods and Accounting including AS-6, Accounts of non-trading concerns including Hospital and Educational Institutions.


            Accounts relating to Partnership: Admission, Retirement and Death of a Partner, Dissolution of Partnership including Garner Vs. Murray rule, Amalgamation of Firms, Sale of firm to a Company and Conversion of a firm in a company, Gradual Realisation of  Assets and Piece Meal Distribution.


            Branch Accounts, Accounting for packages and Empties, Insurance Claims, Stock Valuation and AS-2, Hire Purchase and Installment.


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