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Accountancy is the practice of managing and recording financial transactions for businesses and individuals. It involves preparing financial statements, ensuring compliance with regulations, and offering insights for better financial decision-making. Accountants play a crucial role in maintaining transparency and accuracy in financial records. Their work is essential for budgeting, tax reporting, and strategic planning.
Topic | Marks |
---|---|
Part 1 | |
Partnership Accounting - Basic Concepts | 6 |
Reconstitution of Partnership Firm: Admission of Partner | 13 |
Reconstitution of Partnership Firm: Retirement/Death of Partner | 13 |
Dissolution of Partnership Firm | 13 |
Part 2 | |
Accounting for Share Capital | 13 |
Issue of Debentures - Redemption | 12 |
Financial Statements of a Company | 12 |
Accounting Ratio | 9 |
Cash Flow Statement | 9 |
Total | 100 |
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