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Whether you are a BBA, B.COM, BCA or MBA student, our notes on financial accounting are made for all. It is designed according to the syllabus of popular business management colleges and universities.
You will always notice the new notes on our website because we update our notes periodically. Before getting the financial accounting notes, firstly know the topics you will get.
Topics covered in Financial Accounting Notes
Unit- I: Concept of Partnership Firm; Partnership Deed, Accounting for partnership; Admission of new partner; Valuation of Goodwill, Sacrifice ratio, Retirement and death of a partner, Dissolution of firm.
Unit-II: Meaning, formation and types of companies; Company Accounts- Accounting for issue, forfeiture and reissue of shares. Debenture-Meaning and types of debentures, Issue of debentures, purpose of issue, Accounting for issue and redemption of debentures.
Unit-III: Final Accounts of a company- Profit and Loss Account, Balance Sheet, Managerial Remuneration, Valuation of shares.
Unit-IV: Amalgamation, Absorption and Reconstruction- Nature of purchase, purchase consideration, Accounting in the books of transferor and Transferee Company. Inter company holdings.
Unit-V: Auditing- concept, functions of an Auditor, procedure of auditing, internal control and audit, qualifications of company auditor, Auditor’s report.
Overview of Financial Accounting Lecture Notes
Glad Tutor provides the complete notes on financial accounting for BBA, B.COM, BCA and MBA students.
Funds are the key factor for every business and to account those funds, financial accounting is very important. In the future, You may do business or a job, but this subject has something for everyone.
Don’t learn this subject just for passing marks. This subject will be useful for you in your whole life journey. It will teach you how you can start business via partnership, how you can issue or redeem shares and debentures, how you can prepare P&L and Balance Sheet, how you can do the Amalgamation/Absorption/Reconstruction of the company and what are the functions of auditor and much more.
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Why buy Financial Accounting Notes PDF?
You will get the lifetime access to our Financial Accounting Notes in a PDF format which you can access anytime and anywhere. There is no expiry date.
Our Financial Accounting Notes are written in a very simple language which can be easily understood to everyone. So, whether you are proficient in english or not, you can understand the notes easily.
To get good marks in financial accounting, you should have a good hand in the practical illustrations which we will help you with. Our Notes comprises all the theoretical and practical illustrations with detailed explanation.
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Frequently Asked Questions (FAQ’s)
Q- How will I get access to the Financial Accounting PDF notes?
Ans- After you do the payment, you will get the lecture pdf notes through email.
Q- Is it enough to read from your notes?
Ans- Surely if you read from our notes, you will have no need to read from any other notes. Also, you will have complete knowledge of the financial accounting and auditing from partnerships, shares, debentures, P&L, Balance Sheet, Amalgamation, Absorption to Auditing
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