Financial Accounting has been especially written to meet the requirements of B.Com. Students as per the choice based Credit System (CBCS) curriculum of University of Delhi. It comprehensively presents the fundamental concepts and accounting procedures in an informative and systematic manner. table of Contents: Chapter 1: Accounting theory and philosophy . Chapter 2: Accounting Standards and accounting policies. Chapter 3: Accounting process . Chapter 4: Business income and revenue recognition . Chapter 5: Depreciation, reserves and provisions. Chapter 6: Valuation of Inventories . Chapter 7: Capital and revenue Expenditure . Chapter 8: Final Accounts. Chapter 9: Financial statements of not for Profit organizations (npo) . Chapter 10: hire purchase, instalment and lease . Chapter 11: Consignment accounts . Chapter 12: Joint venture accounts . Chapter 13: Inland branch accounts. Chapter 14: Dissolution of Partnership Firms.