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 7^th Edition for CA-Foundation | June 2023 exams. This book is authored by Dr. S.K. Agrawal & CA Manmeet Kaur, with the following noteworthy features:

• As per the latest syllabus of ICAI
• Coverage of this book includes:
  • All Past Exam Questions, including
    • CA Foundation Solved Paper – December 2022 | Principles & Practice of Accounting
  • Theoretical Questions
  • Illustrations
  • Short Notes
  • True/False
• [Marks Distribution] Chapter-wise marks distribution from May 2018 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
• Sale on Approval Basis
• Final Accounts
• Consignment Accounts
• Partnership
• Average Due Date
• Account Current
• Not for Profit Organization
• Shares
• Debentures
• Financial Statements of Companies [Schedule III]