ARORA, M N creator text HIMALAYA PUBLISHING HOUSE monographic BASICS OF FINANCIAL ACCOUNTING Bank Reconciliation Statement Reasons for Differences Utility of Bank Reconciliation Statement Preparation of Bank Reconciliation Statement Introduction to Accounting Accounting as an Information System , Assets and Depreciation . Fixed Assets !leaning of Financial Accounting , Double Entry System , Capital and Revenue Expenditure and Receipts , Relation of Accounting with other Disciplines , Code of Ethics in Accounting , , , Accounting Principles , Accounting Concepts "Accounting Conventions Accounting Standards Accounting Process Source Documents Journal General Journal (Journal Proper) Special Journals Ledger Trial Balance"- Error Rectification of Errors Opening Entries Review Problems and Solutions Bank Reconciliation Statement Methods of Recording Depreciation in Account Books Methods of Calculating Depreciation Selection of a Depreciation Method Salient Features of Accounting Standard Review Problems and Solutions Inventory Valuation Meaning and Definition Importance of Inventory Valuation Inventory Systems Inventory Costing Methods Salient Features of Accounting Standard-2 Review Problems and Solutions Final Accounts (Financial Statements) Trading Account Profit and Loss Account Closing Entries Balance Sheet-- Adjustment Entries Difference in Final Accounts of Sole Proprietors and Partnership firms Final Accounts of Companies Review Problems and Solutions Methods of financial Analysis Nature of Financial Statements Meaning of Analysis Significance and Purposes of Financial Statement Analysis Principal Tools of Analysis Comparative Financial Statements , Common Size Statements , Trend Percentages , , , Financial Ratio Analysis , , Classification of Ratios , Liquidity Ratios , Capital structure Ratios , Turnover Ratios , Profitability Ratios , Advantages and Limitations of Ratio Analysis , Summary of Formulae , Review Problems and Solutions , , Funds Flow Statement , , Meaning of Funds Flow Statement , What is 'Flow of Fund’? , Applications of Funds , Statement of Changes in Working Capital , Distinction between Funds Flow Statement and Profit and Loss Account , Distinction between Funds Flow Statement and Balance Sheet , Advantages and Uses of Funds Flow Statement , Review Problems and Solutions , , Cash Flow Statement Introduction and Meaning Accounting Standard-3 (AS -3) Cash Flow Statement Preparation of Cash Flow Statement Review Problems and Solutions COST ACCOUNTING Cost Accounting-Nature and Scope Financial accounting the forerunner of Cost Accounting Meaning of Costing, Cost Accounting and Cost Accountancy Cost Accounting and Financial Accounting -Comparison Installation of a costing system Advantages of Cost Accounting Limitations or Objections against Cost Accounting Essentials of a Good Cost Accounting System Basic Cost Concepts Concept of Cost Cost centre, Cost unit and Cost object Methods of Costing Techniques of Costing Classification of Costs Elements of Cost Cost Sheet Cost Sheet and Price Quotations Meaning Method of Preparing Cost Sheet Treatment of Stocks Items not included in cost sheet Treatment of Scrap Review Problems and Solutions Key Terms Review Questions Practical Questions Process Costing Introduction Characteristics of Process Costing Process Costing Procedure Problems Peculiar to Process Costing Process Losses and Wastages Work-in-progress Joint Products and By-Products Internal Process profits Review Problems and Solutions Reconciliation of Cost and Financial Accounts Reasons for Disagreement in Profit or Loss Method of Reconciliation Review Problems and Solutions MANAGEMENT ACCOUNTING Management Accounting - Introduction Nature of Management Accounting Scope of Management Accounting Functions (or Objectives) of Management Accounting Financial Accounting and Management 1, ,f Accounting - Comparison Cost Accounting and Management Accounting - Comparison Limitations of Management Accounting Budgeting and Budgetary Control M.eaning and Definition of Budget Meaning and Definition of Budgetary Control Objectives of Budgetary Control Advantages of Budgetary Control Limitations of Budgetary Control Essentials of Effective Budgeting Budget Administration Functional Budgets Master Budget Fixed and Flexible Budgets Revision of Budgets Budget Reports Zero Base Budgeting (ZBB) Performance Budgeting Review Problems and Solutions Standard Costing and Variance Analysis Historical Costing Standard Costing Standard Costs and Estimated Costs Comparison Standard Costing and Budgetary Control Comparison Preliminaries in Establishing a System of Standard Costing Standard Hour Standard Cost Card Variance Analysis Material Variances Labour Variances Overhead Variances Disposition of Variances Control Ratios Summary of Formulae Review Problems and Solutions Marginal Costing and Break-even Analysis Product Costs and Period Costs Meaning of Marginal Cost Meaning of Marginal Costing Distinction between Absorption Costing and Marginal Costing Cost-volume-profit Analysis Break-even Analysis Profit-Volume Ratio (P/V Ratio) Methods of Break-even Analysis Margin of Safety (M/S) Limiting (or Key) Factor Angle of Incidence Cost Indifference Point Graphic Presentation of Break-even Analysis Effect of Change in the Profit Factors Profit-Volume Chart Summary of Formulae and Abbreviations Review Problems and Solutions Tactical Decision Making Short-term and Long-term Decisions Decision-Making and Variable Costing Differential Cost Analysis Decision Making and Differential Cost Analysis Review Problems and Solutions Responsibility Accounting and Transfer Pricing Recent Development in Cost Management Uniform Costing and Inter-firm Comparison Inter-firm Comparison Activity Based Costing (ABC) Target Costing Kaizen Costing Cost Audit Management Audit Social Accounting