Padhuka?s Basics Accounting CA CPT G. Sekar & B Saravana
Accounting Syllabus for ICAI CPT covers a specified set of topics from the basics of accounting, i.e. Journal, Ledger, Trial Balance, etc. to preliminary issues in Partnership and Company Accounts. The basic knowledge acquired in Accounts at the CPT level is the foundation for the entire course and profession of Chartered Accountancy. Keeping this in mind, every topic has been dealt in detail and explained in an easy manner for the beginners. It is to be noted that CPT Students are required to obtain a minimum of 30% of the Marks (i.e. 18 Marks out of 60) in the Basics of Accounting Section of the CPT Exam. Hence, all topics / subjects should be given equal importance. With an exhaustive coverage of all that is relevant and required for the examination, any sincere follower of this book will be able to comfortably clear the exams with distinction. Many thanks to the Users of the Previous Editions of the Book, for their positive feedback, which reflects the benefits they have reaped from this Book, and also their keen interest to reciprocate with constructive suggestions.
This fresh edition of Basics of Accounting comes with the following special features
- Comprehensive Coverage of all the concepts, in detail, with adequate illustrations.
- Diagrams and Charts for better understanding of principles and
- Step by Step Solution for Practical Problems and Illustrations with detailed explanations.
- Possible Question Types incorporated in each Chapter to aid exam
- About 3600 MCQs for Practice are given at the end of each topic. Some of the Past Exam Questions based on memory and Important Revisionary questions are marked with a Star.
- Chapter Overview at the beginning of each Chapter, for easy navigation of
1 Meaning And Scope Of Accounting
2 Accounting Process
(C) Trial Balance
(D) Subsidiary Books
(E) Cash Book
(F) Capital Revenue Distinction
(G )Contingent Assets & Liabilities
(H) Rectification Of Errors
3bank Reconciliation Statements
6financial Statement – Final Accounts Of Sole Proprietorship Entities
7 Accounting For Special Transactions
(B) Joint Venture
(C) Sale On Approval Or Return
(D) Bills Of Exchange
8 Accounting For Partnership Firms
(A) Basics Of Partnership Accounts
(C) Admission/ Retirement/ Death Of Partner
9 Accounting For Companies
(A) Basics Of Company Accounts
(B) Issue, Forfeiture And Re-Issue Of Shares
(C) Redemption Of Preference Shares
(D) Issue Of Debentures
G.Sekar is a Chartered Accountant in practice for the last 30 years. Founder and Faculty for Direct Taxation in Shree Guru Kripa’s Institute of Management, an Institution providing education for all level and all subjects of the Chartered Accountancy Course and has trained many finance professionals. Member-Central Council of ICAI-2013-16&2016-19 Chairman – Direct Taxes Committee of ICAI – 2014 Recently nominated as Member of Consultative Advisory Group (CAG) of the prestigious International Accounting Education Standards Board (IAESB) – It is worthy to note that he is the First Indian to be part of the CAG. Great Motivator for Chartered Accountants in Practice and in Employment, and CA Students, through his effective and convincing communication style.
B. Saravana Prasath is a graduate in Commerce and a Fellow Member of the Institute of Chartered Accountants of India. He secured Fourth Rank in the Madras University in his Graduation Examinations. He did his Chartered Accountancy Articleship training under the tutorship of Shri G. Sekar FCA. He secured the First Rank in the Chartered Accountancy Final Examinations, securing 76% in the aggregate. He also secured the Third Rank in the Intermediate Examinations and Tenth Rank in the Foundation Examinations.His academic performance includes 99% in CA Final Accounting Paper and 96% in CA Intermediate Auditing Paper.