1. Why we need Accounting Standards?
  2. Discuss Book keeping and Accounting.
  3. What are the Different branches of Accounting
  4. What do you mean by Accounting Conventions? Discuss various conventions in brief.
  5. What are the Advantages and Limitations of Accounting?
  6. Who are the external user of accounting information
  7. What do you understand by accounting standards ? what are the purpose of these?


    1. Define depreciation.
    2. What do you mean by final accounting?
    3. Differentiate between Fixed Installment Method and Diminishing Balance Method of Depreciation.
    4. Difference between Straight Line Method and Written Down Value Method
    5. Differentiate Depreciation and Amortization
    6. Discuss double entry system.
    7. Classify the following into trading,profit and loss a/c & balance sheet.
    8. Prepare the format of balance sheet.


    1. Define solvency ratio and profitability ratio.
    2. What are the limitations of ratio analysis.
    3. What is the significance of activity ratios
    4. How return on investment is calculated?
    5. Discuss common size statement and compartive statement with the objectives and advantages.
    6. Prepare the format of comparativ lance sheet with imaginary figures.
    7. Discuss the importance of ratio analysis in business .also classify the various ratios.


    1. Differentiate Gross and Net Working Capital.
    2. Define cash flow statement and funds flow statement.differetiate the two.
    3. Prepare the complete format of cash flow statement as per as-3.