Chapter 1

Not-for-Profit Organisations

Receipts and Payments Account: Preparation and features

medium • 1 min read

Income and Expenditure Account: Accrual basis

medium • 2 min read

Balance Sheet for NPOs and treatment of items

medium • 3 min read

Fund-based accounting and its applications

medium • 4 min read

Accounting for subscriptions and consumables

medium • 5 min read

Chapter 2

Accounting for Partnership

Partnership Deed and features of partnership

medium • 1 min read

Maintenance of Capital Accounts: Fixed vs Fluctuating

medium • 2 min read

Valuation of Goodwill: Average, Super, and Capitalisation

medium • 3 min read

Admission of a partner: Ratios and revaluation

medium • 4 min read

Retirement and death of a partner: Settlement of claims

medium • 5 min read

Chapter 3

Dissolution and Company Accounts

Dissolution of partnership firm: Realisation Account

medium • 1 min read

Settlement of accounts and treatment of assets/liabilities

medium • 2 min read

Issue and forfeiture of shares: Pro-rata allotment

medium • 3 min read

Issue and redemption of debentures

medium • 4 min read

Company accounts: Balance sheet according to Schedule III

medium • 5 min read

Chapter 4

Financial Statement Analysis

Tools of analysis: Comparative and Common-size statements

medium • 1 min read

Accounting Ratios: Liquidity, Solvency, and Turnover

medium • 2 min read

Profitability ratios and their significance

medium • 3 min read

Computation and interpretation of ratios

medium • 4 min read

Limitations of financial statement analysis

medium • 5 min read

Chapter 5

Cash Flow Statement

Cash Flow Statement: Purpose and preparation (AS-3)

medium • 1 min read

Operating, Investing, and Financing activities

medium • 2 min read

Cash and cash equivalents: Definition and items

medium • 3 min read

Calculation of net cash from activities

medium • 4 min read

Disclosure and interpretation of cash flow results

medium • 5 min read