- Why we need Accounting Standards?
- Discuss Book keeping and Accounting.
- What are the Different branches of Accounting
- What do you mean by Accounting Conventions? Discuss various conventions in brief.
- What are the Advantages and Limitations of Accounting?
- Who are the external user of accounting information
- What do you understand by accounting standards ? what are the purpose of these?
- Define depreciation.
- What do you mean by final accounting?
- Differentiate between Fixed Installment Method and Diminishing Balance Method of Depreciation.
- Difference between Straight Line Method and Written Down Value Method
- Differentiate Depreciation and Amortization
- Discuss double entry system.
- Classify the following into trading,profit and loss a/c & balance sheet.
- Prepare the format of balance sheet.
- Define solvency ratio and profitability ratio.
- What are the limitations of ratio analysis.
- What is the significance of activity ratios
- How return on investment is calculated?
- Discuss common size statement and compartive statement with the objectives and advantages.
- Prepare the format of comparativ lance sheet with imaginary figures.
- Discuss the importance of ratio analysis in business .also classify the various ratios.
- Differentiate Gross and Net Working Capital.
- Define cash flow statement and funds flow statement.differetiate the two.
- Prepare the complete format of cash flow statement as per as-3.