HomeUnitext for IInd Year: Fundamentals of Accounting-I
Unitext for IInd Year: Fundamentals of Accounting-I
Editor: Charles Walsh
Year: 2023
Binding: HARDBACK
Price: £ 300.00
"Accounting is referred to as the 'universal language of business' in today's business world since it serves as the vehicle for communicating financial information about a corporate organisation to users such as shareholders and managers. A robust accounting system is critical for any organisation, large or small, to successfully manage its daily operations. Any business's primary responsibility is to maximise profits, avoid losses, and maintain its status as a responsible member of society. Thus, in today's business world, everyone should be familiar with the accounting discipline, regardless of the job they perform. Due to the rapid growth of commercial activities as a result of industrialization and globalisation, the demand for individuals with accounting skills has expanded significantly. Without a working knowledge of fundamental accounting, it is impossible to survive in today's advanced business climate.
This book is an excellent synthesis of topics ranging from the fundamental to the most sophisticated accounting ideas and principles. It delves into all of the critical facets of accounting in the modern era. This book will illuminate the fundamental concepts of accounting, the different types of accounts, the accounting principles, conventions, concepts, and standards that underpin the overall concept of accounting. It delves into the business accounting cycle, merchandising businesses, and accounting systems. Additionally, it manages receivables and cash equivalents. Several of the book's diverse themes discuss the numerous branches that fall under this category. The book examines, analyses, and defends the foundations of accounting, as well as its uttermost and most vital importance in contemporary times. This book is a must-have for students looking for extensive knowledge in this field.
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Charles Walsh serves as a Associate Professor at School of Management, Preston. He pursued his Ph.D. in Business Management from Commerce College, Edinburgh. He has over two decades of teaching experience. He is actively engaged in the researches focused on accounting practices. He has travelled extensively throughout Europe and America; primarily for higher education. Walsh has been awarded the “Distinguished Contributions to Lifelong Learning” for his excellence in guiding students. He has also contributed 25 articles and research papers in reputed journals and periodicals.
