TABFlux

Home Courses Universities Programs Forum

© 2026 TABFlux. All rights reserved. Built for students, by students.

Forum Privacy Policy Terms of Service Contact Us Contributors

Financial Accounting

Financial Accounting is the branch of accounting that focuses on the systematic recording, summarizing, and reporting of an organization's financial transactions to external stakeholders. It ensures that financial information is presented fairly and accurately, providing a clear picture of a company's economic health to investors, creditors, and regulatory bodies.

Select University

Select Program

TabFlux . Financial Accounting . TU . BCA-OLD

Financial Accounting

0%

Course Title: Financial Accounting

Course No: CACS152

Nature of the Course: Theory + Lab

Semester: 2

Full Marks: 20 + 20 + 60

Pass Marks: 8 + 8 + 24

Credit Hours: 3

Course Description

Course Objectives

Course Contents

1. Unit 1: Theoretical Framework

4 hrs

1.1. Meaning and Scope of Accounting: Meaning of Accounting, Procedural Aspects of Accounting, Evolution of Accounting as a Social Science

1.2. Objectives of Accounting, Functions of Accounting, Sub-fields of Accounting, Users of Accounting Information

1.3. Relationship of Accounting with Other Disciplines, Limitation of Accounting, Role of Accountant in the Society

1.4. Accounting Concepts, Principles and Conventions: Accounting Concepts, Principles & Conventions – an Overview, Qualitative Characteristics of Financial Statements, Fundamentals Accounting Assumptions

1.5. Accounting Standards: Concepts, Objectives, Benefits & An Overview of Nepal Accounting Standards

1.6. Accounting Policies: Meaning, Selection of Accounting Policies and Changes in Accounting Policies

2. Unit 2: Accounting Process

10 hrs

2.1. Books Of Accounts Leading to The Preparation of Trial Balance

2.2. Journal Entries, Double Entry System, Advantage of Double Entry System

2.3. Concepts of Transaction and Events, Classification of Accounts, Golden Rules of Accounting

2.4. Advantages of Journal, Ledger, Trial Balance, Subsidiary Books

2.5. Including Cash Books, Capital and Revenue Expenditures and Receipts, Contingent Assets and Contingent Liabilities

2.6. Errors Including Rectifications Thereof

3. Unit 3: Bank Reconciliation Statement

4 hrs

3.1. Introductions, Ascertaining the Causes of Differences in Bank Balance in Bank

3.2. Column of the Cash-Book and in Pass-Book, Procedure for Reconciling the Cash- Book Balance with the Pass-Book Balance

3.3. Importance of Bank Reconciliation Statement

4. Unit 4: Depreciation Accounting

4 hrs

4.1. Concepts of Depreciation, Objectives for Providing Depreciation

4.2. Methods for Providing Depreciation, Accounting for Depreciation

5. Unit 5: Inventories

4 hrs

5.1. Meaning, Basis and Technique of Inventory Valuation

5.2. Inventory Recording System, Stock Taking

6. Unit 6: Preparation of Final Accounts for Sole Proprietors

10 hrs

6.1. Concept of Closing Entries in respect of Trading and Profit & Loss Account

6.2. Concept of Accrual Basis of Accounting, Matching Concept and Dual Aspects

6.3. Concept on Manufacturing Account, Preparation of Balance Sheet, Arrangement and Classification of Assets and Liabilities

7. Unit 7: Introduction to Company Accounts

9 hrs

7.1. Meaning of Company, Salient Features of Company, Types of Company

7.2. Preparation of Financial Statements, Share Capital and its types

7.3. Debentures and its types, Distinction between Debentures and Shares

7.4. Issue of Shares and Debentures, Redemption of Preference Shares

Laboratory Works

1.Laboratory Works

Text Books

1.Andrew Thomas & Anne Marie Ward, “Introduction to Financial Accounting 7e”, McGraw Hill 2012 ISBN: 9780077132682

Reference Books

1.Narayananswamy, R., “Financial Accounting: A Managerial Perspective”, Prentice Hall of India, New Delhi.
2.Porter, Gary A. Norton, Curtis L., “Financial Accounting: The Impact on Decision Makers”, The Dryden Press, USA.

Notes:

Source:

This course includes both theoretical as well as practical concept of financial accounting so that students can understand working principle of financial accounting and hence can use the concept in developing application related to financial sector.

Upon the conclusion of the course, students should be able to: - Develop conceptual understanding of the fundamentals of financial accounting system

Laboratory works should be carried out using any accounting packages (such as Tally, Fact etc.) to implement the concepts discussed in the above mentioned topics.

This syllabus follows the official BCA curriculum of Tribhuvan University. In case of any doubt or revision, the university's published syllabus shall be considered authoritative.