About Book:

      First of all, we are thankful to the readers for their encouragement and response given to the first edition of the book. This book covers Madras University revised syllabus with effect from 2016 for B.com (General),B.Com (Accounting and Finance), B. com (Computer Applications) and B.Com (Honours) Students . This book has been prepared keeping in mind the requirements of the students is a student-friendly approach. The object of this book is to provide a comprehensive study of the subjects in easily understandable language by ICAI,provisions of revised Companies  Act 2013 and with amendments in CARO, 2016 . The book has been strengthened and updated retaining the basic structure of the previous edition.

The distinctive feature of revised edition to the  book are as follows :

• The contents and framework of the book are strictly as per the revised syllabus prescribed by the University of Madras.
• Latest guidelines on Accounting and Auditing Standards issued by the Institute of  chartered Accountants of India.
• Provisions of companies Act, 2013 and CARO, 2016 are updated. Further, important sections in Company Audit are highlighted at the end of the chapter.
• The book provides practical approach about the subject with detailed explanation in simple language
• Inclusion of Tabular, flowcharts and diagrammatic presentation to facilitate quick understanding.