Indeed, much benefit could be derived from centralizing the teaching of basic accounting in one course in one department, which, in most colleges, would be either the management or commerce department. If only one such course is offered much needless duplication can be avoided and a single standard of achievement can be maintained. It is for such a course that this book is designed.

This book entitled as a “Accounting for Managers” is written for degree students of UG courses. The related matters are written in a simple and easily understandable. While writing this book, an attempt has been made to present the concepts briefly with examples. The present work of us has sincerely tried to highlight the practical areas of accounting. The language used is very lucid and more informative to both a beginner as well as a professional.

This book aims to provide required course content of the financial accounting which is divided in five units. Each and every unit is explained with structure and illustrations. Review questions and practical problems at the end of each unit and carefully selected the view of examination and practice of assignments.

We wish, this book will be of immense value to the student who have interest in accounting. It has also handily for facilitators of the course, corporate and other interested in this area. Though the present work is the result of regress effort in the area of accounting still expect and accept valuable suggestions from students and fellow professional in the same field, may this work of us be useful and flourish to greater heights, the author sincerely acknowledge the earlier works in the area of accounting.

Contents -

1. Introduction to Accounting
2. Subsidiary Books and Bank Reconciliation Statement
3. Trial Balance, Final Accounts, Errors and Rectification
4. Consignment
5. Depreciation