Commercial CMA Inter Financial Accounting By G.C. Rao Applicable for December 2024 / June 2025 Exam

Commercial CMA Inter Financial Accounting By G.C. Rao

Commercial CMA Inter Financial Accounting By G.C. Rao

• All relevant Accounting Standards covered.
• About 300 Solved illustration
• Bit bank covered for each topic keeping in view of online exam pattern.
• Step wise presentation and supporting calculations in the form of working notes.
• Covered past 12 years CMA Inter exam problems which act as strong foundation to crack CMA Inter Exams.

Salient features of the book are:

• Each topic is covered in a pattern relevant for CMA Online examinations
  • Introduction of Concept
  • Multiple Choice Questions (MCQ)
  • Fill in the blanks
  • True or False
  • Descriptive questions
• All Concepts explained in a simple and understandable manner.
• All past Institute of Cost Accountants of India exam questions covered
• Full coverage of 2016 Syllabus prescribed for CMA Inter Group 01 including all applicable accounting standards.
• A single point solution for students preparing for CMA exams.

Content

1. Fundamentals of Accounting
2. Unit 1.1 – Accounting Fundamentals
3. Unit 1.2 -Accounting Concepts & Conventions
4. Unit 1.3-Double Entry System
5. Unit 1.4-Capital & Revenue Transaction
6. Unit 1.5 -Rectification of Errors
7. Bits,theory questions,problems
8. Bills of Exchange
9. Consignment Accounting
10. Joint Venture Accounting
11. Insurance Claims & Loss of Profit
12. Accounting for Depreciation
13. Preparation of Financial Statements of profit
14. Oriented Organizations
15. Non-trading Organization
16. Accounting Standards
17. AS-01:Disclosure of Accounting Policies
18. AS – 02: Valuation of Inventories
19. AS-07: Construction Contracts
20. AS- 09:Revenue Recognition
21. AS-10:Property,Plant & Equipment
22. Bit bank & Theory questions
23. Self-Balancing Ledger
24. Royalty Accounting
25. Departmental Accounts
26. Branch Accounts
27. Hire Purchase & Installment Purchase System
28. Partnership
29. Unit 15.1 – Admission of a Partner
30. Unit 15.2 -Retirement of a partner
31. Unit 15.3 – Death of a partner
32. Unit 15.4-Dissolution & Insolvency of a partner
33. Unit 15.5-Piecemeal Distribution
34. Unit 15.6- Amalgamation of Firm & Conversion
35. Bit Bank on Partnership
36. Conversion Single entry to Double Entry System
37. Computerized Accounting System

About the Author

• Govada Chalapathi Rao (G.C.Rao) is a graduate in commerce and a fellow member of the Institute of Cost Accountants of India. He secured All India 12th Rank in CMA Inter and 16th Rank in CMA Final.
• He possesses 15 years of teaching experience to students of CMA Foundation, Inter and Final.
• He is faculty member at G.C.RAO ACADEMY, an exclusive coaching center for CMA. He is visiting faculty at Institute of Chartered Accountants of India, Bangalore chapter.
• Areas of specialization include Cost Accounting, Strategic Cost Management, Financial Accounting, Direct Taxation, Financial Management, Indirect Taxation, Financial Reporting, and Cost Audit.