Introduction to Financial Accounting

Table of Content
Chapter 1 Accounting: The Language of Business
Chapter 2 Measuring Income to Assess Performance
The Portfolio P1
Chapter 3 Recording Transactions
Chapter 4 Accrual Accounting and Financial Statements
Chapter 5 Statement of Cash Flows
Chapter 6 Accounting for Sales
Chapter 7 Inventories and Cost of Goods Sold
Chapter 8 Long-Lived Assets
Chapter 9 Liabilities and Interest
Chapter 10 Stockholders' Equity
Chapter 11 Intercorporate Investments and Consolidations
Chapter 12 Financial Statement Analysis


Salient Features
1)Covers text and problem material based on classic issues arising in the last 30 years.
2)Contains several chapters that have been rewritten keeping in mind the latest changes in the Indian Accounting Standard.
3)Includes Business First Boxes in each chapter which provide insights into operations at well-known domestic and international companies, accenting today's real-world issues.
4)Contains various cases studies pertaining to the Indian context.