Chaudhary Charan Singh University (C.C.S.U)
BBA1003 Financial Accounting
| Unit 1 (book) | |
|---|---|
| Introduction to Accounting, Accounting System, Process & Meaning and need for accounting | |
| Accounting Information System (AIS) | |
| Stakeholders using Accounting Information | |
| Qualitative aspects of Financial Accounting | |
| Accounting Standards in India and International (outline) | |
| Branches of Accounting | |
| Types of Business Organizations | |
| Accounting Taxonomy, Concepts, and Conventions | |
| Accounting Concept of Income and Expenditure | |
| Classification of Capital and Revenue | |
| Classification of Expenditure and Income | |
| Accounting Equation: Assets = Capital + Liabilities | |
| Overview of the accounting process | |
| Contingent assets, liabilities & Fictitious assets |
| Unit 2 (book) | |
|---|---|
| Recording Transactions and Trial Balance | |
| Nature of Transactions | |
| Entry in Journal: Purchases, sales, returns, receivables, and payables | |
| Inventory Management | |
| Depreciation and Amortizations; reserves | |
| Intangible Assets Accounting | |
| GST Transactions Accounting Entries | |
| Entry in Ledger | |
| Accounting Accuracy through Trial Balance | |
| Correction of Errors |
| Unit 3 (book) | |
|---|---|
| Final Accounts | |
| Preparation of Trading | |
| Preparation of Profit and Loss Account | |
| Cash Books | |
| Balance Sheet of Sole Trading Concerns | |
| Importance of Disclosures in Final Accounts |
| Unit 4 (book) | |
|---|---|
| Introduction to Company | |
| Share Capital and Issue of Shares | |
| Schedule to Accounts | |
| Financial Statements as per Companies Act, 2013 | |
| Provisions Related to Preparation of Financial Statements | |
| Preparation of Income Statement and Balance Sheet (Horizontal and Vertical Formats) | |
| Green Accounting and Sustainable Reporting (Need and objectives) | |
| Sustainability Reporting: need, methods, data collection, and analysis | |
| IFRS Financial sustainability disclosure standards |