Padhuka Basics of Accounting for CA Foundation For May 2020 By CA G. Sekar B. Saravana Prasath

Contents -

Meaning and Seope of Accounting

Accounting Process

Rectification of Errors

Bank Reconciliation Statement

Inventories

Depreciation

Accounting for Special Transactions

Consignment
Joint Ventures
Sale on Approval or Return
Bills of Exchange
Average Due Date
Account Current

Financial Statement – Final Accounts of Sole Proprietorship Entities

Accounting for Partnership Firms

Accounting for Not for Profit & Educational Organisations

Accounting for Companies

Financial ratio Analysis

About Author

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.