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Synopsis Financial Accounting is an Important subject of modern world. That is why we bring out this book of Practical financial Accounting with advance methods, Practices and in inimitable style. The students businessmen, traders, industrialists and professionals must know financial accounting to real life situations. The book opens up the gateway of analysis to the world to accounting to those who go in for the study of accounting methods and techniques academically as well as practically. This book has been written in a "Teach Yourself" style strictly following a student friendly approach and essentially meant to serve the matter for their examination as a tutor at home.

This book is useful for B.Com., B.B.A., M.Com., M.B.A., C.S., C.A., I.C.W.A. students and professionals. The present edition of the book has several unparalleled features which make it distinct from other books. Every chapter is logically set and graded. Some of them have been even sectionalized to facilitate the readers. Power of grasping the subject and thereby grow self-confidence in the mastery of it. The essential topics are:

Essential Functions, Principles and Standardisation of Financial Accounting, Advanced Mechanised Accounting, Data Processing and Programming Language, Sensitivity for Business Alternatives, Practical Accounting of Material, Production and Labour, Financial Decision Making, Financial Leverage, Ratio Analysis and Financial Statements etc.