Commercial CMA Inter Financial Accounting By G.C. Rao for Dec 25 & June 26 Exam
CMA Knowledge Series on Financial Accounting (Group 1 Paper 6) New Syllabus
Salient features of the book are-
- Each topic is covered in a pattern relevant for CMA Online examinations
- Introduction of Concept
- Multiple Choice Questions (MCQ)
- Fill in the blanks
- True or False
- Descriptive questions
- All Concepts explained in a simple and understandable manner.
- All past Institute of Cost Accountants of India exam questions covered
- Complete step by step solutions for 2022 syllabus exam problems
- Full coverage of 2022 syllabus prescribed for CMA Inter Group 1 – Paper 06
Content
- SECTION A-Accounting Fundamentals
- Fundamentals of Accounting
- Unit 1.1-Accounting Fundamentals
- Unit 1.2-Accounting Concepts & Conventions
- Unit 1.3-Capital & Revenue Transaction
- Unit 1.4-Basic Terms in Accounting
- Unit 1.5-Double Entry System
- Unit 1.6-Journal and Ledger
- Unit 1.7-Rectification of Errors
- Bit Bank
- Accounting for Depreciation
- Bank Reconciliation Statement
- SECTION B-Accounting for Special Transactions
- Bills of Exchange
- Consignment Accounting
- Joint Venture Accounting
- SECTION C-Preparation of Financial Statements
- Preparation of Final Accounts of Commercial Organizations
- Preparation of Final Accounts of Not for Profit Organisations
- Preparation of Financial Statements from Incomplete Records
- SECTION D-Partnership Accounting
- Partnership
- Unit 10.1-Admission of a Partner
- Unit 10.2 Retirement of a Partner
- Unit 10.3-Death of a Partner
- Unit 10.4-Dissolution of Firm & Insolvency of a Partner
- Unit 10.5-Piecemeal Distribution
- Unit 10.6-Amalgamation of Firm & Conversion
- Unit 10.7-Accounting of Limited Liability Partnership
- Bit Bank
- SECTION E-Lease, Branch and Departmental Accounts
- Lease Accounting
- Branch Accounts
- Insurance Claims for Loss of Stock & Loss of Profit
- Hire Purchase & Installment Purchase System
- SECTION F-Accounting Standards
- Accounting Standards
- 2022 Syllabus Exam Bits
About the Author
- Govada Chalapathi Rao (G.C.Rao) is a graduate in commerce and a fellow member of the Institute of Cost Accountants of India. He secured All India 12th Rank in CMA Inter and 16th Rank in CMA Final.
- He possesses 15 years of teaching experience to students of CMA Foundation, Inter and Final.
He is faculty member at G.C.RAO ACADEMY, an exclusive coaching center for CMA. He is visiting faculty at Institute of Chartered Accountants of India, Bangalore chapter.
Areas of specialization include Cost Accounting, Strategic Cost Management, Financial Accounting, Direct Taxation, Financial Management, Indirect Taxation, Financial Reporting, and Cost Audit.