"Sanjay Dhamija is currently working as a Professor of Finance and Accounting at International Management Institute, New Delhi. A doctorate in finance (FPM) from IMI, Delhi, he completed  his M.Com from Delhi School of Economics and LLB from Delhi University. He is a Fellow Member of the Institute of Cost Accountants of India (FCMA) and the Institute of Company Secretaries of India (FCS). He is also a Chartered Financial Analyst from ICFAI. He has attended management programs at Harvard Business School, Wharton Business School, and the University of Maryland.


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1 INTRODUCTION TO ACCOUNTING


2 GENERALLY ACCEPTED ACCOUNTING PRINCIPLES AND ACCOUNTING STANDARDS


3 ACCOUNTING CYCLE


4 FINANCIAL STATEMENTS OF COMPANIES


5 STATEMENT OF PROFIT AND LOSS


6 BALANCE SHEET


7 ACCOUNTING FOR REVENUE


8 ACCOUNTING AND VALUATION OF INVENTORY


9 ACCOUNTING FOR FIXED ASSETS AND DEPRECIATION


10 ACCOUNTING FOR INVESTMENTS


11 CASH FLOW STATEMENT


12 CONSOLIDATED FINANCIAL STATEMENTS


13 DISCLOSURES IN ANNUAL REPORTS


14 ANALYSIS OF FINANCIAL STATEMENTS


15 FINANCIAL SHENANIGANS"


 

• Concepts discussed in the text have been reinforced with the help of solved instances both within the text and at the end of every chapter.


• Case studies have been included in all chapters based on information from annual reports and real-life situations.


• Requirements of the Companies Act 2013 have been suitably incorporated.


• In view of the convergences of Indian accounting standards with IFRS, accounting and reporting have been discussed based upon the applicable Ind-AS.