Financial Accounting [According to NEP-2020]

Unit-I

1. Introduction to Accounting, 2. Accounting Principles : Concept and Conventions, 3. Indian and International Accounting Standards,

Unit-II

1. Accounting for Depreciation, 2. Valuation of Inventory (Stock), 3. Accounting of Non-Trading or Not-For-Profit Organisations/Institutions, 4. Single Entry System or Accounting from Incomplete Records,

Unit-III

1. Hire-Purchase System, 2. Instalment Payment System, 3. Royalty Accounts,

Unit-IV

1. Branch Accounting, 2. Departmental Accounts,

Unit-V

1. Dissolution of Partnership Firm-1, 2. Dissolution of Partnership Firm-2 (Insolvency of Partner), 3. Insolvency Accounts