Description
Taxmann Fundamentals of Financial and Cost Accounting (FFCA Accounting) CRACKER by Tarun Agarwal
This book is specifically designed to meet the requirements of the Foundation Level Cost & Management Accountancy Examination. It includes comprehensive past exam questions and detailed answers aligned with the latest ICMAI syllabus.
The Present Publication is the Latest Edition for the CMA Foundation | Dec. 2024/June 2025 Exams. This book is authored by CA Tarun Agarwal, with the following noteworthy features:
[Strictly as per the Latest ICMAI Syllabus] Ensures complete alignment with the latest requirements
[Comprehensive Content Coverage]
Chapter-wise Introductions highlighting essential concepts
1000+ MCQ-based Past Exam Questions, including the CMA Foundation | June 2024 Exam covering both theory questions and numerical questions
Practice Questions at the end of each chapter for thorough preparation
[Detailed and Well-Structured Answers] to aid in conceptual clarity and exam-oriented study
[Point-wise Answers] Designed for quick and easy recall
[Marks Distribution Analysis] Module-wise breakdown from December 2022 onwards
[Comparison with ICMAI Study Material] for a better understanding of module coverage
The contents of this book are as follows:
Accounting Fundamentals
Understanding of Four Frameworks of Accounting and Forms of Organisation
Accounting Principles, Concepts and Conventions
Capital and Revenue Transactions
Accounting Cycle
Journal and Ledger
Cashbook and Bank Reconciliation Statement
Trial Balance
Adjustment Entries and Rectification of Errors
Depreciation
Accounting Treatment of Bad Debts and Provision for Doubtful Debts
Accounting for Special Transactions
Consignment
Joint Venture
Bills of Exchange
Preparation of Final Accounts
Preparation of Financial Statements of Sole Proprietorship
Preparation of Financial Statements of a Not-for-profit Organisation
Fundamentals of Cost Accounting
Meaning, Definition, Significance of Cost Accounting, its Relationship with Financial Accounting
Application of Cost Accounting for Business Decisions
Definition of Cost, Cost Centre, Cost Unit and Cost Drivers
Classification of Costs
Ascertainment of Cost and Preparation of Statement of Cost and Profit (Cost Sheet)