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Accounting Adjustments In Final Accounts(1st Edition)
Authors:
M.r Nair
Cover Type:Hardcover
Condition:Used
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Book details
ISBN: 979-8866373093
Book publisher: Independently published
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Accounting Adjustments In Final Accounts 1st Edition Summary: ABOUT THE BOOKIncorporating accounting adjustments in financial statements is one of the difficult tasks and most students fear to handle while preparing the final accounts/financial statements. Even some teachers, professionals and business owners find it difficult to handle accounting adjustments in final accounts/financial statements of their business or organization by observing generally accepted accounting principles and IFRS guidelines. This book is remedy for all such difficulties as it explains each and every aspect of accounting and preparation of financial statements with/without adjustment of various items as easy as a morning walk!In reality, after incorporating/adjusting certain transactions/events in final accounts/financial statements we can understand the true and a fair view of the affairs of business or organization. This book explains and illustrates the requirement of a large number of transactions/events which need to be adjusted in the final accounts while preparing financial statements. It also handles the incorporation of prior period and post balance sheet events. This book also explains some other adjustments that need to be made during accounting process on regular basis. To support this learning the fundamentals of accounting terms, concepts. principles and practice of modern accounting are presented with illustrative examples and explanations in a lucid and easy to learn manner. Even most difficult topics are explained with interesting examples to easily grasp the principles behind it.Those students coming from both accounting /commerce/management background and non-accounting/commerce back ground will find this book with immense help in perusing their studies. This book concentrates the requirements of students of all learning level i.e., from higher secondary to professional levels to score better mark who still look for a book with precise basics and advanced level treatment of complicated topics. Extensive coverage of quality materials and actual methods of practicing accountancy in real life situations with a crisp, clear and easy ways of learning ensure most accounting theories and concepts and modern accounting practices stand out free from excessive unrelated materials. This book lays strong and comfortable foundation stone for you to continue your further studies in accountancy with more profound enthusiasm and techniques thus, providing you a pleasurable learning experience. Each chapter starts with the objectives of that chapter thereby provides a clear picture where we go ahead developing a smooth process of learning in a systematic way. Many exhibits are also given in the text to simplify difficult concepts. Each chapter end with the key terms introduced in the chapter, summary of chapter with respect to learning objective, wide range of selected past examination and practical questions with solution. Author believes that this book is a companion to everybody for self-study, a dependable source of study materials and practical wisdom for students and teachers
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