MBA 1st Semester Paper: Financial Accounting, Analysis & Reporting : Gauhati University
Financial Accounting, Analysis & Reporting Unit 1 : Meaning of Accounting, Objectives or Functions of Accounting Information; Accounting Principles, Accounting Conventions and Policies; GAAP and IFRS. Unit 2 : The Accounting Process, Identification and Documentation and Recording of Business Transactions, Classifications of Business Transactions in Ledgers, Subsidiary Books. Unit 3 : The Trial Balance- Meaning of Trial Balance, Objectives in Drawing up a trial Balance; Construction of a Trial Balance, Errors disclosed by a Trial Balance, Errors not Disclosed by a Trial Balance, Locating errors. Unit 4 : The Cash Book, Bank Reconciliation Statement. Unit 5 : Important Common Issues in Accounting Records- Depreciation Accounting; Accounting for Inventories, Capital and Revenue, Cash and Accrual Basis of Accounting. Unit 6 : Final Accounts- Trading Account, Profit and Loss Account and Balance Sheet, Classification of items in a Balance Sheet, Adjustment entries....