BCOM101 Financial Accounting GGSIPU NEP 2025-26 1st Semester Notes

Unit 1 [Book]
Accounting Functions	VIEW
Limitations of Accounting	VIEW
Accounting Principles Meaning and Need	VIEW
Concepts and Conventions of Accounting	VIEW
Introduction to Generally Accepted Accounting Principles	VIEW
Accounting standards (Overview of IAS, IFRS, AS and Ind AS)	VIEW
Accounting Process	VIEW
Recording of a Business Transaction Ledgers	VIEW
Vouchers	VIEW
Preparation of Trial Balance with adjustments	VIEW

Unit 2 [Book]
Application of Generally Accepted Accounting Principles in Recording Financial Transactions and Preparing Financial Statements	VIEW
Accounting Treatment of Inventory	VIEW
Preparation of Cash Book	VIEW
Preparation of Bank Reconciliations	VIEW
Preparation of Profit and Loss Account	VIEW
Balance Sheet with adjustments (including for Non-Corporate Entities)	VIEW
Cash Flow Statement	VIEW

Unit 3 [Book]
Measurement of Business income	VIEW
Revenue recognition	VIEW
Accounting for Depreciation Methods	VIEW
Depreciation Policy	VIEW
Changes in Depreciation Measures and Impact on Measurement of Business income	VIEW
Inventory Valuation through Accounting Standards	VIEW
Impact of Inventory Valuation on Measurement of Business income	VIEW
Capital and Revenue expenditures	VIEW
Capital and Revenue Receipt	VIEW
Introduction to Deferred Revenue Expenditure	VIEW

Unit 4 [Book]
Introduction to Contemporary issues in Accounting	VIEW
Human Resource Accounting	VIEW
Inflation Accounting	VIEW
Green Accounting	VIEW
Price Level Accounting	VIEW
Social Responsibility Accounting	VIEW
Accounting for Sustainability	VIEW