Meaning of Financial Statement of a company

Final Accounts of a company

Preparation of Final Accounts of a Company

Provisions of Companies Act regarding Final Accounts

General Points

Essentials of a Balance Sheet

Meaning of Financial Statements

Definition of Financial Statements

Types of Financial Statements

Financial Statements of a Company

Contents of financial statements of a company

Basics of Financial Statements

Features of Financial Statements

Objectives of financial statements

Type of financial statements

Essentials of good financial statements

Limitations of financial statements

Definition of Financial Analysis

Analysis & Interpretation of Financial Statements

Features of Financial Analysis

Types of Financial Analysis

Techniques or Tools of Analysing Financial Statements

Objectives or Purposes of Financial Analysis

Advantages of Financial Analysis

Limitations of Financial Analysis

TYPES OF COMPARATIVE FINANCIAL STATEMENTS

COMPARATIVE BALANCE SHEET

Format of a Comparative Balance Sheet

METHODS OF PREPARING COMPARATIVE BALANCE SHEET

FORMAT OF VERTICAL COMPARATIVE BALANCE SHEET

COMPARATIVE INCOME STATEMENT

FORMAT OF COMPARATIVE INCOME STATEMENT

METHODS OF PREPARING COMPARATIVE INCOME STATEMENT

PURPOSE OF COMMON SIZE STATEMENTS

IMPORTANCE OF COMMON SIZE STATEMENTS

TYPES OF COMMON SIZE STATEMENTS

COMMON SIZE BALANCE SHEET

FORMAT OF A COMMON SIZE BALANCE SHEET

PROCEDURE TO PREPARE COMMON SIZE BALANCE SHEET

COMMON SIZE INCOME STATEMENT

FORMAT OF A COMMON SIZE INCOME STATEMENT

PROCEDURE TO PREPARE COMMON SIZE INCOME STATEMENT

TREND ANALYSIS

Meaning of Ratio

Meaning of Accounting Ratio

Meaning of Ratio Analysis

Methods of Expressing Accounting Ratios

Objectives of Ratio Analysis

Advantages of Ratio Analysis

Utility/Significance of Ratio Analysis

Limitations of Ratio Analysis

Classification of Ratios

ANALYSIS OF DIFFERENT RATIOS - AT A GLANCE

Importance of Cash Flow Statement

Uses of Cash Flow Statement

Limitations of Cash Flow Statement

Definitions

Calculation of Cash Flow from Operating Activities

Direct Method

Indirect Method

Adjustment in respect of Changes in Current Assets and Current Liabilities

Calculation of Cash Flow from Financing Activities

Receipts and Payments Account

Differences between Cash Book and Receipts and Payments Account

Format of Receipts and Payments Account

Income and Expenditure Account

Difference between Receipt and Payment Account and Income and Expenditure Account:

Difference between Income and Expenditure account and Profit and Loss Account:

Accounting treatment of Some Important Items

Treatment of various funds (General and Special funds)

Preparation of Balance Sheet:

Illustrations

Meaning of Partnership

Meaning of Partnership Deed

Rules in the absence of the Partnership Deed

Main Journal Entries for preparing Profit & Loss Appropriation Account

Methods of Maintaining Capital Accounts of the Partners

Difference between Capital Account and Current Account

Calculation of Interest on drawings:

Salary or Commission to a Partner

Guarantee of minimum profit to a partner

Occasions for Reconstitution of a Firm

Adjustment in Profit Sharing Ratio

Meaning of Goodwill

Methods of Valuation of Goodwill

Change in Profits Sharing Ratio and Treatment of Goodwill

Meaning of Admission of a Partner

Effect of the admission of the partner

New Profit sharing ratio

Accounting treatment of goodwill

Accounting Treatment of Accumulated Profits

Adjustment for the revaluation of assets

Calculation of Hidden Goodwill

Accounting problems on the retirement of the partner

Treatment of Goodwill

Accounting Treatment of Accumulated Profits

Payment to retiring partner

Death of a partner

Illustrations

Summary

Definition of Joint Stock Company

Sources of the finance of the Company

Preference Shares

Share Capital

Capital reserve

Presentation of share capital

Initial Public Offer

Accounting Entries for issue of shares a premium

Issue of shares for cash at discount

Issue of shares in consideration other than cash

Calls in Advance

Under subscription of shares

Forfeiture of shares

Features of Debentures

Types of Debentures

Issue of Debentures for Cash

Calculation of goodwill/capital reserve

Issue of Debentures considering terms of Redemption

Interest on debentures

Sources of Redemption of Debentures

Redemption out of profits

Redemption of Debentures out of capital

Methods of redemption of debentures

Advantages of Conversion of debentures