The document outlines the syllabus for the General Studies-Finance and Economics paper of the AAO SSC CGL exam. It covers topics in finance and accounts including the nature and scope of financial accounting, basic accounting concepts like single and double entry bookkeeping, preparation of financial statements such as balance sheets and profit and loss accounts, accounting for inventories, bills of exchange, and depreciation.
Original Description:
Finance
Original Title
Finance and Accounts Syllabus AAO SSC CGL-converted
The document outlines the syllabus for the General Studies-Finance and Economics paper of the AAO SSC CGL exam. It covers topics in finance and accounts including the nature and scope of financial accounting, basic accounting concepts like single and double entry bookkeeping, preparation of financial statements such as balance sheets and profit and loss accounts, accounting for inventories, bills of exchange, and depreciation.
The document outlines the syllabus for the General Studies-Finance and Economics paper of the AAO SSC CGL exam. It covers topics in finance and accounts including the nature and scope of financial accounting, basic accounting concepts like single and double entry bookkeeping, preparation of financial statements such as balance sheets and profit and loss accounts, accounting for inventories, bills of exchange, and depreciation.
A. Financial Accounting: 1. Nature and scope 2. Limitations of Financial Accounting 3. Basic concepts and Conventions 4. Generally Accepted Accounting Principles. B. Basic concepts of accounting: 1. Single and double entry 2. Books of original Entry 3. Bank Reconciliation 4. Journal 5. Ledgers 6. Trial Balance 7. Rectification of Errors, 8. Manufacturing 9. Trading 10. Profit & loss Appropriation Accounts 11. Balance Sheet 12. Distinction between Capital and Revenue Expenditure 13. Depreciation Accounting 14. Valuation of Inventories 15. Non-profit organizations Accounts 16. Receipts and Payments and Income & Expenditure Accounts 17. Bills of Exchange 18. Self Balancing Ledgers