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encyclopedia of financial accounting PDF - Jaico Publishing House

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T H E C O M P L E T E E N C Y C L O P E D I A O F<br />

FINANCIAL ACCOUNTING<br />

This volume begins with a story <strong>of</strong> a person desirous <strong>of</strong><br />

amassing fabulous wealth and the author suggests him to take<br />

to business to amass wealth. Since he is ignorant <strong>of</strong> the<br />

knowledge <strong>of</strong> accounts the author comes forward to explain<br />

him the secrets <strong>of</strong> <strong>accounting</strong> in a simple and easy way.<br />

The story <strong>of</strong> Accountancy starts with the thread <strong>of</strong><br />

transactions which is beautifully woven into a designed<br />

pattern that culminates in the form <strong>of</strong> a cloth <strong>of</strong> Balance<br />

Sheet.<br />

The fundamental principles <strong>of</strong> Double Entry Book-keeping<br />

have been dealt with in the subsequent chapters with creative<br />

and original approach with diagrammatic illustrations to<br />

Journal Entries and pictorial depiction <strong>of</strong> Balance Sheet. The<br />

uniqueness <strong>of</strong> this volume lies in the explanation <strong>of</strong> the<br />

concepts <strong>of</strong> Accounting in a masterly manner. Macro approach<br />

is adopted to explain the concepts. By macro approach we<br />

mean a few transactions are taken, journalise them, post them<br />

to respective ledgers and then prepare Trial Balance and Final<br />

Accounts in the form <strong>of</strong> Pr<strong>of</strong>it and Loss Account and Balance<br />

Sheet.<br />

Dr. G. Francis Xavier has a strong academic<br />

background with two Masters Degrees, securing<br />

First Class and First Rank in both, and also a<br />

Doctorate Degree to his credit. He received his<br />

Gold Medal at the hands <strong>of</strong> the Late Shri Lal<br />

Bahadur Shastri, the then Prime Minister <strong>of</strong><br />

India. He was deputed by Government <strong>of</strong> India<br />

under the Fellowship <strong>of</strong> Canadian International<br />

Development Agency (CIDA) to Canada for further studies in<br />

Management and Adult Education. He has worked as Lecturer, Associate<br />

Pr<strong>of</strong>essor, Vice-Principal and Principal in various educational institutions<br />

in India. He taught Accounts and Audit for more than three and a half<br />

decades. He was also the Financial Advisor to an International<br />

Organization, Asian Confederation <strong>of</strong> Credit Unions (ACCU),<br />

Bangkok, Thailand. He conducted several Training Programmes on<br />

Management Accounting, Financial Analysis and also on Memory and<br />

Personality Development in India and abroad: USA, Canada, Germany,<br />

Singapore, Malaysia, Thailand, Bangladesh, Nepal, Sri Lanka, Kenya<br />

and Tanzania.<br />

He is a creative thinker, effective teacher and trainer and also a prolific<br />

writer. He has authored more than a dozen books on a variety <strong>of</strong> subjects<br />

published by well reputed publishers like <strong>Jaico</strong>, Tata McGraw-Hill, and<br />

Macmillan. This <strong>encyclopedia</strong> is the product <strong>of</strong> his 46 years <strong>of</strong> hard work<br />

and research with a passion to achieve perfection and excellence in<br />

Accountancy with exhaustive treatment. The entire gamut <strong>of</strong> Financial<br />

Accounting has been covered in 11 Volumes with 75 chapters.<br />

Dr. G. Francis Xavier, Ph.D.<br />

Former Financial Advisor to Asian Confederation <strong>of</strong> Credit Unions<br />

11 Volume Set<br />

JH-576 Rs. 13,395<br />

ISBN 978-81-7992-847-9<br />

Volume 1<br />

PRINCIPLES OF<br />

DOUBLE ENTRY<br />

A Macro Approach<br />

The Fundamental Principles <strong>of</strong> Double<br />

Entry Book-keeping have been<br />

elaborately written with macro<br />

approach. The following chapters are<br />

covered in this Volume: 1 Amass<br />

Fabulous Wealth, 2 Commencement <strong>of</strong><br />

Business, 3.Continuance <strong>of</strong> Business, 4. Practical Accounting, 5. Mechanics<br />

<strong>of</strong> Accounting, 6. Journal, 7. Ledger, 8. Subsidiary Books and 9. Journal<br />

Proper.<br />

Volume 2<br />

PRACTICE OF<br />

DOUBLE ENTRY<br />

This Volume deals with the practical<br />

aspect <strong>of</strong> maintaining accounts under<br />

Double Entry System. The chapters<br />

covered are: 10. Cash Book, 11. Bank<br />

Reconciliation Statement, 12. Bills <strong>of</strong><br />

Exchange, 13. Accommodation Bills,<br />

14. Trial Balance, 15. Rectification <strong>of</strong><br />

Errors, 16. Accounting or Balance Sheet Equations, and 17. Final Accounts<br />

<strong>of</strong> a Sole Trader.

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