This book is prepared exclusively for the Foundation Level of Chartered Accountancy Examination requirement. It covers the past exam questions & detailed answers strictly as per the new syllabus of ICAI.

The Present Publication is the 12^th Edition for the CA-Foundation | New Syllabus | Jan./May 2025 Exams. This book is authored by Dr S.K. Agrawal & CA Manmeet Kaur, with the following noteworthy features:

• As per the new syllabus of ICAI
• Coverage of this book includes:
  • Past Exam Questions with Answers, including the September 2024 Exam
  • Additional Important Questions for the Exam
  • Theoretical Questions
  • Illustrations
  • Short Notes
  • True/False
• [Chapter-wise Marks Distribution] from May 2019 onwards

Contents of this book are as follows:

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