Fundamentals of Accounting | Prakash Publications | CBCS B.Com. Programme | Semester 5 | MG University

Fundamentals of Accounting published by Prakash Publications is a comprehensive and student-friendly textbook designed for the CBCS B.Com. Programme, Semester 5 of Mahatma Gandhi University (MG University). The book aims to build a strong foundation in accounting principles while aligning closely with the prescribed university syllabus.

The content systematically introduces the nature, objectives, and basic concepts of accounting, followed by detailed coverage of accounting standards, accounting process, journal entries, ledger posting, trial balance, and preparation of final accounts. Emphasis is placed on clarity of concepts, logical presentation, and practical application to help students understand how accounting information is recorded, classified, and presented.

To enhance learning outcomes, the textbook includes illustrative examples, step-by-step problem solutions, practical exercises, and review questions at the end of each unit. The language is simple and precise, making complex accounting concepts easy to grasp for undergraduate learners.

This book serves as an ideal resource for B.Com. students, helping them develop analytical skills, accuracy, and a conceptual understanding of accounting fundamentals essential for advanced studies and professional careers in commerce, finance, and business management.