Knowledge / Commerce (General / Accounting and Finance / Banking and Insurance)
Commerce (General / Accounting and Finance / Banking and Insurance) notes
Free study notes for Commerce (General / Accounting and Finance / Banking and Insurance) (B.Com) students in India: 62 topics across 6 subjects - Financial accounting, Cost and management accounting, Taxation, Finance and banking, Law and audit and Practice. Each note explains the concept, works the examples with the numbers done, gives the Indian standards, codes and laws in force today, and ends with interview questions and the mistakes examiners look for - for semester exams, competitive exams, campus placements and job interviews.
Financial accounting
- Accounting principles and the accounting cycle
- Journal, ledger and trial balance
- Final accounts
- Depreciation
- Bank reconciliation statement
- Partnership accounts
- Company accounts and Ind AS basics
- Accounting for non-profit organisations
- Amalgamation and reconstruction
- Branch and departmental accounts
- Consignment and joint venture accounts
- Consolidated financial statements
- Hire purchase and instalment accounting
- Key Ind AS standards explained
- Share capital transactions: bonus, rights and buy-back
Cost and management accounting
- Cost accounting: elements of cost
- Marginal costing and break-even analysis
- Ratio analysis
- Cash flow statement
- Budgeting and standard costing
- Activity-based costing
- Cost audit and cost records
- Job, batch and contract costing
- Process costing
Taxation
- Income tax basics
- GST basics
- TDS and tax filing basics
- Business income and presumptive taxation
- Capital gains
- Corporate tax basics
- Customs duty basics
- GST: input tax credit and returns in practice
- Income from salaries in detail
Finance and banking
- Time value of money
- Capital budgeting
- Working capital management
- Financial markets and instruments
- Banking operations and the RBI
- Insurance basics
- Cost of capital and capital structure
- Credit analysis and lending
- Derivatives: futures and options basics
- Dividend policy
- Fintech and digital payments
- Mergers, acquisitions and valuation basics
- Mutual funds and personal investing
- Sources of finance: equity, debt and hybrids
Law and audit
- Indian Contract Act basics
- Companies Act basics
- Auditing basics
- Consumer Protection Act
- Forensic accounting and fraud detection
- Insolvency and Bankruptcy Code basics
- Internal control and internal audit
- Negotiable Instruments Act
- Sale of Goods Act