Need and Types of Accounting, Users of Accounting, conceptsand conventions of Accounting, Accounting Equation (problems on accounting equation).
Journals, Subsidiary books, three column cash book, ledgersand trial balance. Depreciation- Straight line and Written down Value Methods.
Preparation of final accounts of sole traders. Preparationof final accounts / statement of companies-both horizontal & vertical form of financialstatements. (Basic problems on Final accounts of companies)
Comparative, common size and trend analysis, RatioAnalysis, Preparation of financial statements using ratios, Preparation of Cash flow Statement(only indirect method).
Need for accounting standards. IFRS and proposed changesin Indian Accounting Standards.
Corporate Governance and clause 49 of the listing agreement,Human Resource Accounting, Forensic Accounting, Window Dressing- Sustainability Reporting
Overview of Heads of Income, deductions u/s 80C, Income TaxRates and Returns – For Individuals only (Only Theory)