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This book presents fundamental aspects of financial accounting, its basic terminology, the accounting process and the preparation of a journal, ledger, trial balance, income statement and balance sheet. It also introduces complex topics like tools of management accounting, sustainability reporting and financial reporting. The volume comprehensively delivers lessons and examples to build strong accounting skills guiding readers to learn how to read and analyse financial statements, and discusses the theoretical concepts followed by elaborating on the accounting process in a simple and lucid style. Numerical examples and case studies support every discussion involving a conceptual difficulty. Several charts and diagrams have been included to shed light on the finer points of the subject to make it easily comprehensible.
This book would be useful to students, researchers and teachers of financial accounting, accounting, statistics and business management. The book would also be useful for anyone interested in learning the basic concepts of financial accounting to help them in their daily lives.
Jency Treesa is Assistant Professor in Commerce at St Teresa's College (Autonomous), Ernakulam (NAAC A++ and 45th Position in NIRF). Currently, she teaches Financial Accounting, Management Accounting, Security Analysis and Portfolio Management and Marketing Management for undergraduate and postgraduate students. A PhD holder, she has to her credit multiple academic accomplishments, including M. Com, MBA and an additional bachelor's degree in education. She is an active researcher and has contributed book chapters for Bloomsbury publications and Taylor and Francis CRC Press. Her recent research works were on sharing economy, digital equity, surveillance capitalism and non-performing assets of banks. She was awarded the prestigious ICSSR fellowship for Short-term Empirical Research on PMKVY Scheme of the Govt of India. She has authored the book Basics of Finance for B Com Program of M G University, Kottayam, India.
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