← Back to B.Com
SUBJECT

Financial Accounting

Financial Accounting introduces the concepts of recording, classifying and summarizing business transactions. It helps you understand how accounts are maintained, how final accounts are prepared, and how accounting software is used in real-world businesses.

1st Semester Financial Accounting subject icon
Semester 1st Semester
B.Com DAVV course icon
Course B.Com (DAVV)
Financial Accounting 5 units icon
Units 5 Units
Financial Accounting illustration for B.Com DAVV notes
Learn
Practice
Grow

Choose a Unit to Get Started

Each unit contains curated notes, diagrams, important questions and more.

Introduction to Accounting and Double Entry System unit icon
UNIT 1

Introduction to Accounting & Double Entry System

Ancient Indian accounting system, its merits & demerits, comparison with the English system, double entry principles, journal, ledger, subsidiary books, balance sheet and final accounts.

πŸ“„ 9+ Topics β—· 18 Hrs
Explore Unit ➜
Depreciation and Royalty Accounts unit icon
UNIT 2

Depreciation & Royalty Accounts

Accounting for depreciation as per Accounting Standard 6 (AS-6) and the preparation of royalty accounts.

πŸ“„ 4+ Topics β—· 18 Hrs
Explore Unit ➜
Branch and Departmental Accounts unit icon
UNIT 3

Branch & Departmental Accounts

Accounting for branches and departments, with financial statement analysis, ratio analysis and profitability analysis.

πŸ“„ 4+ Topics β—· 18 Hrs
Explore Unit ➜
Non-Profit Organisations and Investment Accounts unit icon
UNIT 4

Non-Profit Organisations & Investment Accounts

Accounting of non-profit organisations and investment accounts, with case study analysis of financial reports.

πŸ“„ 4+ Topics β—· 18 Hrs
Explore Unit ➜
Computerized Accounting unit icon
UNIT 5

Computerized Accounting

Accounting with software like Tally β€” company creation, ledgers & groups, stock items, voucher entries, trial balance, P&L and balance sheet.

πŸ“„ 10+ Topics β—· 18 Hrs
Explore Unit ➜
πŸŽ“

β€œEvery account
tells the story
of a business.”

Everything You Need to Master Financial Accounting

A complete study resource built around the DAVV B.Com exam pattern.

Complete DAVV B.Com Financial Accounting Syllabus Coverage

These Financial Accounting notes for B.Com DAVV follow the official syllabus of Devi Ahilya Vishwavidyalaya, Indore, topic by topic. From the ancient Indian accounting system and double entry basics in Unit 1 to computerized accounting with Tally in Unit 5, every concept is explained in simple language so you can understand the "why" behind each topic, not just memorize definitions.

Double Entry System & Final Accounts

Build a strong foundation with our Unit 1 notes covering the ancient Indian accounting system, its comparison with the English system, the nature of initial accounting books, the principles of the double entry system, journal entries, ledger, subsidiary books, balance sheet and final accounts.

Depreciation & Royalty Accounts

Get a strong grip on accounting for depreciation as per Accounting Standard 6 (AS-6) and the preparation of royalty accounts β€” frequently asked numerical topics in B.Com exams, explained step by step in our Unit 2 notes.

Branch & Departmental Accounts Made Easy

Struggling with branch accounts and departmental accounts? Our Unit 3 notes break down the accounting treatment with clear examples and also introduce financial statement, ratio and profitability analysis β€” one of the most frequently asked topics in Financial Accounting exams.

Non-Profit Organisations & Investment Accounts

Understand how non-profit organisations maintain their books through our Unit 4 notes on receipts & payments, income & expenditure and investment accounts, along with case study practice to solve real-world problems.

Computerized Accounting with Tally

Go beyond textbook basics with notes on computerized accounts using Tally β€” creating a company, configuration and feature settings, ledgers and groups, stock items, voucher entries, and generating reports like cash book, trial balance, profit & loss account and balance sheet.

Exam-Focused Important Questions

Every unit includes Financial Accounting important questions commonly asked in DAVV B.Com semester exams, so you can revise efficiently in the final days before your exam without missing high-weightage topics.

Frequently Asked Questions

Quick answers about Financial Accounting notes for B.Com DAVV students.

What is the DAVV B.Com Financial Accounting syllabus?

The DAVV B.Com Financial Accounting syllabus is divided into 5 units: Introduction to Accounting & Double Entry System, Depreciation & Royalty Accounts, Branch & Departmental Accounts, Non-Profit Organisations & Investment Accounts, and Computerized Accounting.

Are these Financial Accounting notes free to access?

Yes, all Financial Accounting notes for B.Com DAVV are completely free to read on CampusNotes directly on the website β€” no login, signup, or payment required.

How many units are there in DAVV B.Com Financial Accounting?

There are 5 units in DAVV B.Com Financial Accounting: Introduction to Accounting & Double Entry System, Depreciation & Royalty Accounts, Branch & Departmental Accounts, Non-Profit Organisations & Investment Accounts, and Computerized Accounting.

What are the important topics in Financial Accounting Unit 5 (Computerized Accounting)?

Unit 5 covers computerized accounts using accounting software such as Tally, including creating a company, configuration and feature settings, ledgers and groups, stock items and groups, voucher entries, and generating reports like cash book, ledger accounts, trial balance, profit and loss account and balance sheet.

Can I access these Financial Accounting notes on mobile?

Yes, CampusNotes is fully mobile-friendly, so you can study Financial Accounting notes on any device without downloading anything.