CA Foundation Accounting Text Book By D G Sharma and S K Agrawal in PaperBack Mode. This Book is beneficial for May 24 and onward attempts.

This book aims to build up the student's knowledge base & lay the foundation for their professional education. It endeavours to provide a good command of the basics, such as Accounting Concepts & Conventions, Capital & Revenue Items, etc.

This book is prepared exclusively for the Foundation Level of Chartered Accountancy Examination requirement. It covers the entire revised, new syllabus as per ICAI.

The Present Publication is the 5^th Edition for the CA-Foundation | New Syllabus | June 2024 exams. This book is authored by CA D.G. Sharma & Dr S.K. Agrawal, with the following noteworthy features:

• Strictly as per the New Syllabus of ICAI
• [Lucid Discussions in a Simple Language] for theoretical concepts is provided for a comprehensive understanding
• [Numerous Illustrations] have been incorporated into the book
• [Detailed Working Notes & Practice Questions] along with Hints & Answers have been provided in the book
• Coverage of this book includes:
• Solved Paper – December 2023 | Principles & Practice of Accounting | Suggested Answers
• [Student-Oriented Book] The authors have developed this book keeping in mind the following factors:
• Interaction of the authors with their students, with specific emphasis on difficulties faced by students in the examinations
• Shaped by the author's experience of teaching the subject matter at different levels
• Reactions and responses of students have also been incorporated at different places in the book

The contents of this book are as follows:

• Theoretical Framework – Meaning & Scope of Accounting
• Theoretical Framework – Accounting Concepts, Principles & Conventions
• Theoretical Framework – Capital and Revenue Expenditure
• Theoretical Framework – Contingent Assets and Contingent Liabilities
• Theoretical Framework – Accounting Policies
• Theoretical Framework – Accounting Standards – Concepts, Objective, Benefits
• Theoretical Framework – Accounting as a Measurement Discipline – Valuation Principles, Accounting Estimates
• Accounting Process (Journal, Ledger, Trial Balance, Cash Book, Subsidiary Books)
• Bank Reconciliation Statement
• Bills of Exchange
• Rectification of Errors
• Depreciation
• Final Accounts
• Inventory Valuation
• Accounting for Incomplete Records
• Not-for-Profit Organisations
• Partnership including Dissolution of Firms & LLP
• Company Accounts – Shares
• Company Accounts – Debentures
• Company Accounts – Financial Statement of Companies
• Company Accounts – Accounting for Bonus Issue and Right Issue
• Company Accounts – Redemption of Preference Shares
• Company Accounts – Redemption of Debentures

CA D.G. Sharma is an eminent and most admired faculty in the student fraternity. He is an epitome of knowledge, helping students to realise their potential and achieve newer heights. Academically he is a rare gem as he has qualified all three prestigious exams, i.e., CA, CS, and ICWA.

Dr. S.K. Agrawal holds a Doctorate from Kanpur University, and he has teaching experience of more than 23 years across countless batches. He has been imparting knowledge and values to his students in his institution – Sky Academy (Kanpur). A post-graduate in Commerce & B.Ed., Dr. S.K. Agrawal has been teaching accountancy to students of class XIth, XIIth at the grass-root level, CA-Foundation/CPT & CA-Intermediate/IPC.