BCAUniversity of Pune, First SemesterSyllabusFINANCIAL ACCOUNTING
No. of Lectures
Introduction: Financial Accounting – Definition, Scope, Objectives and Limitations Distinction between Accounting and Book Keeping, Branches of Accounting.
Conceptual Framework: Accounting Concepts, Principles and Conventions. Accounting Standards – Concept, Objectives, Benefits, Overview of Accounting Standards in India. Accounting Policies, Accounting as a Measurement Discipline, Valuation Principles, Accounting Estimates.
Recording of Transactions: Voucher System; Accounting Process, Journals, Ledger, Cash Book, Subsidiary Books, Trial Balance. Depreciation – Meaning, Need, Importance and Methods (WDV and SLM).
Preparation of Final Accounts: Preparation of Trading Account, Profit and Loss Account and Balance Sheet of Sole Proprietary Business.
Introduction to Company Final Accounts: Important Provisions of Companies Act 1956 in Respect of Preparation of Final Accounts. Understanding the Final Accounts of a Company.
Accounting in Computerised Environment: Computers and Financial Application. Introduction to Accounting Software Package – Tally 9.0. An Overview of Computerised Accounting Systems – Salient Features and Significance, Generating Accounting Reports.