000			05192nam a2200169Ia 4500
020			_a8131702022
082			_a657.48 _bCHO
100			_aChowdhry, Anil _944441
245			_aFundamentals of accounting and financial analysis. _hBook
260			_aDelhi _bDorling Kindersley (India) Pvt. Ltd. _c2007
300			_axvi,391p.
500			_aSyllabus xi Road Map xii Preface xiii Acknowledgements xv 1. How Accounting Evolved 1 1.1 Introduction 1 1.2 Objectives of Accounting 3 1.3 Accounting Functions 3 1.4 Terms Used in Accounting 5 1.5 Role of Accounting 8 1.6 Evolutionary Characteristics of Accounting 11 1.7 Use of Accounting Information 13 1.8 Conclusion 13 2. Accounting Concepts, Principles and Conventions 17 2.1 Overview 17 2.2 Accounting Concepts 20 2.3 Accounting Conventions and Principles 25 2.4 Accounting Equations 28 3. Accounting Standards: Indian vis-a-vis International 31 3.1 International Accounting Principles and Standards 31 3.2 Financial Accounting Standards Board (EASE) 32 3.3 International Auditing Practices Committee (IAPC) 33 3.4 Differences Between Indian GAAP and U.S. GAAP 33 3.5 International Standards on Auditing 34 3.6 Indian Accounting Standards 35 3.7 Indian Accounting Standards vis-a-vis Corresponding International 38 Accounting Standards 3.8 Accounting Treatment Recommended by Indian Accounting Standards 39 vis-a-vis International Accounting Standards 4. Foundation of Accounting System 41 4.1 Account 41 4.2 Accountancy 41 4.3 Accounting 42 4.4 Double-Entry System of Accounting 42 4.5 Various Types of Accounts , 43 4.6 Golden Rules of Debit and Credit with Reference to the Different 44 Types of Accounts 4.7 Accounting Cycle and Books of Original Entries 45 4.8 Journal 49 5. Fundamentals of Financial Statements 67 5.1 Ledger 67 5.2 Differences Between Journal and Ledger 67 5.3 Relationship Between Journal and Ledger 68 5.4 Rules of Posting 69 5.5 Closing and Balancing of Accounts 70 5.6 Trial Balance 71 5.7 Methods of Preparing the Trial Balance 72 5.8 Rectification of Errors 79 5.9 Classification of Errors 79 5.10 Capital and Revenue 80 5.11 Classification of Capital and Revenue Items 80 5.12 Depreciation 87 5.13 Provisions 93 6. Financial Statements for Corporate Sector and Recent Changes in97 Accounting Disclosures 6.1 Preparation of Financial Statements 98 6.2 Manufacturing Account 98 6.3 Trading Account 101 6.4 Profit and Loss Account 105 6.5 Balance Sheet 109 6.6 Important Provisions of the Companies Act, 1956, 123 in Respect of the Preparation of Final Accounts 6.7 SEBI's (Securities and Exchange Board of India) Guidelines 128 Regarding Issue of Bonus Shares 6.8 Buy-Back of Shares 128 6.9 Sweat Equity Shares 129 6.10 Final Accounts Under the Companies Act, 1956 129 6.11 Accounting for Inflation 174 6.12 Accounting for Human Resources in an Organisation 176 7. Analysis of Financial Statements 195 7.1 Introduction 195 7.2 Ratio Analysis 197 7.3 Solvency Ratios 203 7.4 Profitability Ratios and Activity Ratios 205 7.5 Liquidity Ratios 212 7.6 Proprietary Ratios 215 7.7 Internal and External Analysis 217 8. Financial Statements for Insurance and Banking Sector 239 8.1 Common Size Statement 239 8.2 Comparative Balance Sheet 242 8.3 Trend Analysis 242 8.4 Balance Sheet of the Insurance Companies Under 243 Respective Statutes of IRDA 8.5 Banking Companies' Accounts 260 9. Concept, Construction and Analysis of Funds Flow Statement 283 9.1 Funds Flow Statement 283 9.2 Importance of Funds Flow Statement 293 9.3 Preparation of Funds Flow Statement 294 9.4 Analysis of Funds Flow Statement ,297 9.5 Concept of Gross and Net Working Capital 298 9.6 Working Capital Cycle vis-a-vis Operating Cycle 301 9.7 Limitations of Funds Flow Statement 301 10. Cash Flow Statement: Importance and Application 311 10.1 Cash Flow Statement 311 10.2 Various Terms Defined in the Accounting Standards (AS-3) 311 10.3 Various Cash and Non-Cash Transactions 312 10.4 Recommended Proforma of Cash Flow Statements (Under AS-3 Revised) 315 10.5 Cash Flow Analysis vs Funds Flow Analysis 321 11. Case Studies 327 Case 1 Rarn Luxman and Sons (RLS) 327 Case 2 Vimal Textile Machinery Company (VTMC) 328 Case 3 Wave Multiplex Commercial Complex (WMCC) 330 Case 4 Star Semiconductor Corporation Limited (SSCL) 330 Contents Case 5 Ranjan's Gate (RC) 331 Case 6 Senior Citizens'Paradise Project (SCPP) 334 Case 7 Benazir Rivet Company (BRC) 336 Case 8 Sporty Equipment Company (SEC) 337 Case 9 Progressive Company Limited (PCL) 338 Case 10 Sabrose Air Components Corporation Limited (SACCL) 339 Case 11 Indian Plastics Company Limited (IPCL) 340 Appendix 343 I. Present Value and Discount Tables 343 II. Notes on Accounts and Audit Reports 349 III. Sample of Statutory Audit Report of M/s. UltraTech Cement Limited 349 IV. A. Applicability of Accounting Standards 353 B. List of Mandatory Statements and Standards 354 Annual Report 359 85th Director's Report to the Members of M/s. Tata Power Along with Audited Financial Statements Index 387
600			_944442
890			_aIndia
891			_aFT
942			_2ddc
999			_c12229 _d12229