First upon we are thankful to all readers of the Business Accounting-I & Financial Accounting-I books for countless response. We are privileged to present this book to Commerce students, respectful faculties, and readers as a skill enhancement course. This book is projected for undergraduate-level students, businessmen, and accounting practitioners as per NEP-2020. This book is designed in fulfillment of the revised syllabi of Financial Accounting-II, F.Y.B.Com of Savitribai Phule Pune University 2024 as per National Education policy. This book is also proficient and useful to students and faculties of financial accounting from diverse Universities in India. All chapters are discussed in a detailed, simple, and lucid language which would help students their study advanced accounting in easy manner. Adequate and explicable theory and practical illustrations are given under each topic. Our book aims to assist readers concerning about importance and recent issues of Financial Accounting. The book is organized into four chapters viz Accounting Standards and Ind AS, Insurance Claims, Valuation of Goodwill, & Accounting for Investment. We tried to make this book in such a way that would assist students and readers to understand the basics regarding all the chapters incorporated in it. In addition to this, we comprise a number of variant illustrative solutions using simple and comprehensible methods. This book is the gateway to B.Com. in Accountancy.
Overall, we hope that this book will be beneficial to all readers including students, faculties, professionals, businessmen and accounting practitioners.