Skip to Content
FREE STUDY NOTES

Professional Course Study Notes

Free notes for CA, CS, CMA, CFA and ACCA.

By Mrs. Neeru Nanda & faculty • Toppers Hub Academy, Sector 49, Faridabad

CA Intermediate - Accounting Standards

Framework

  • Purpose and scope of Accounting Standards.
  • Concepts, conventions and going concern.
  • AS 1: Disclosure of accounting policies.
  • AS 2: Valuation of inventories.

Key Standards

  • AS 10: Property, plant and equipment.
  • AS 9: Revenue recognition.
  • AS 3: Cash flow statements.
  • AS 11: Foreign exchange rates.

Application

  • Depreciation methods.
  • Provisions and contingencies (AS 29).
  • Practise practical problems.
  • Precision and presentation matter.

CA Foundation - Accounting One-Liners

Fundamentals

  • Accounting principles and the accounting equation.
  • Journal, ledger and trial balance.
  • Cash book and subsidiary books.
  • Bank reconciliation statement.

Final Accounts

  • Trading and profit & loss account.
  • Balance sheet preparation.
  • Adjustments: outstanding, prepaid, depreciation.
  • Rectification of errors.

Special Topics

  • Bills of exchange.
  • Consignment and joint ventures.
  • Depreciation accounting.
  • Partnership accounts basics.

CS Executive - Tax Laws Basics

Direct Tax

  • Basic concepts and residential status.
  • Heads of income.
  • Deductions under Chapter VI-A.
  • Computation of total income and tax.

GST Basics

  • GST structure (CGST, SGST, IGST).
  • Supply, time and place of supply.
  • Input tax credit basics.
  • Registration and returns overview.

Approach

  • Stay updated with the latest provisions.
  • Learn definitions and thresholds precisely.
  • Practise computation problems.
  • Revise regularly.

CFA Level 1 - Financial Reporting

Statements

  • Income statement and revenue recognition.
  • Balance sheet and classification.
  • Cash flow statement.
  • Links between the three statements.

Analysis

  • Ratio analysis: liquidity, solvency, profitability.
  • Inventory (FIFO / weighted average) effects.
  • Long-lived assets and depreciation.
  • Quality of earnings.

Standards

  • IFRS vs US GAAP differences.
  • Financial reporting mechanics.
  • Common-size analysis.
  • Practise with real statements.

ACCA - Applied Skills Overview

Law & Performance

  • Corporate and Business Law (LW).
  • Performance Management (PM).
  • Decision-making techniques.
  • Variance analysis.

Tax & Reporting

  • Taxation (TX).
  • Financial Reporting (FR): IFRS statements.
  • Consolidations basics.
  • Interpretation of accounts.

Audit & Finance

  • Audit and Assurance (AA).
  • Financial Management (FM).
  • Working capital and valuation.
  • Global finance careers.

Want full notes and a mentor?

Join Toppers Hub Academy for complete material, tests and doubt-solving.

WhatsApp: +91 98916 12831
← Back to Course Library