Financial accounting lecture notes pdf

UNIT - I MANAGEMENT ACCOUNTING INTRODUCTION: A business enterprise must keep a systematic record of what happens from day-tot-day events so that it can know its position clearly. Most of the business enterprises are run by the corporate sector. These business houses are required by law to prepare periodical statements in proper form showing the state of financial affairs. The systematic LECTURE NOTES ON FINANCIAL MANAGEMENT MBA I YEAR II SEMESTER (JNTUA-R15) Financial management, Dr.M.K.Rastogi, Laxmi Publications . CREC, Dept of MBA Page 3 UNIT-I . CREC, Dept of MBA Page 4 THE FINANCE FUNCTION INTRODUCTION: In our present day economy, Finance is defined as the provision of money at the time when it is required. Every enterprise, whether big, medium or small needs finance Hey Folks, I have shared the PDF lecture notes for the subject - Financial accounting of first year students. These notes and eBook on Financial accounting have been prepared by experienced Commerce faculty and toppers and will provide you with easy to study material. Finance within an organization: importance of finance Finance includes three areas (1) Financial management: corporate finance, which deals with decisions related to how much and what types of assets a firm needs to acquire, how a firm should raise capital to purchase assets, and how a firm should do to maximize its Advanced Financial Accounting & Reporting Accounting concepts Accounting concepts de? ne the assumptions on the basis of which ? nancial statements of a business entity are prepared. Certain concepts are perceived, assumed and accepted in accounting to provide a unifying structure and internal logic to accounting process. The word concept Financial and Managerial Accounting Lecture Notes. This lecture note is an intensive introduction to the preparation and interpretation of financial information for investors and managers and to the use of financial instruments to support system and project creation.This note adopts a decision accounting information internally to the management and employees of the business. In larger organisations the financial and management accountant are different individuals. The basic information used by the financial and management accountant comes from the bookkeeping system. 1.2 Types of business organisations 1.2.1 Sole trader A single Financial Management has become a vital part of the business concern and they are concentrating more in the field of Financial Management. Financial Management also developed as corporate finance, business finance, financial economics, financial mathematics and financial engineering. Understanding the basic concept about the financial management FINANCIAL ACCOUNTING PAPER CODE: BBA-103 NOTES UNIT-I Meaning and scope of accounting, nature of financial accounting principles, basis of accounting; accounting process - from recording of business transaction to preparation of trial balance Q1: Define accounting. Financial Accounting, FA Study Materials, Engineering Class handwritten notes, exam notes, previous year questions, PDF free download MBA - I Semester Paper Code: MBAC 1003 Accounting For Managers Objectives ? To acquaint the students with the fundamentals principles of financial, cost and management accounting ? To enable the students to prepare, analyse and interpret financial statements and ? To enable the students to take decisions using management accounting tools. Uni