2019’s Best Financial Accounting pdf Books, Course Data and Tutorials

Financial Accounting Introduction

Financial accounting  is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are examples of people interested in receiving such information for decision making purposes.

Financial accountancy is governed by both local and international accounting standards. Generally Accepted Accounting Principles (GAAP) is the standard framework of guidelines for financial accounting used in any given jurisdiction. It includes the standards, conventions and rules that accountants follow in recording and summarizing and in the preparation of financial statements.

While financial accounting is used to prepare accounting information for people outside the organization or not involved in the day-to-day running of the company,  managerial accounting provides accounting information to help managers make decisions to manage the business.

This Outline Will be similar with your University Course Outline for Financial Accounting Course.

Introduction to Business, Commerce, Trading, Finance and Financial Institutions.
Concept of account, assets, liabilities, revenues, expenses, capital etc. history of
Introduction to accounting and accounting equation
The IASB, and financial reporting IFRS-1
Accounting concepts and conventions: IAS-1
Recording the business transaction: sources, records and books of original entry
journal, ledger
Accounting & trial balance
Adjusting entries: contra accounts, accruals and prepayments, adjusting trial balance,
financial statements
Completing the accounting cycle, closing entries: temporary and permanent accounts,
post close trial balance, reversing entries and Worksheet, income statement, balance
sheet, and statement of owner’s equity.
Special journals for repetitive transaction, their types and formats Subsidiary ledgers
and control accounts. for sales, purchases, transactions etc.

Best Recommended Financial Accounting PDF Books in Universities:

Here is detailed list of best books for Universities:

  • Williams, Haka, Bettner: Financial & Managerial Accounting, Latest Edition,
    Prentice Hall
  • Professor Muhammad Ammanullah Khan: Financial Accounting, Latest Edition
  • Frank Wood‟s: Business Accounting 1, Eleventh Edition
  • Meigs and Meigs, Accounting for Business Decision, 9th Edition/Latest Edition
  • A Brief History of Economic Genius Paperback by Paul Strathern

Free Financial Accounting PDF Books and Helping Material to Download

Financial and Managerial Accounting by williams haka bettner 17th edition PDF

Frank Wood’s Business Accounting 1 –  eleventh edition PDF

Meigs and Meigs, Accounting for Business Decision, 9th Edition/Latest Edition

Videos Tutorials for Game Development Course

Best Financial Accounting Lessons

Tony Bell | Financial Accounting

Financial Accounting 1  by Elmi Online Academy

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