{"product_id":"bankers-handbook-on-accounting-by-indian-institute-of-banking-finance-iibf","title":"Bankers' Handbook on Accounting By Indian Institute of Banking \u0026 Finance (IIBF)","description":"\u003cp class=\"MsoNormal\"\u003e\u003cspan lang=\"EN-IN\"\u003eThis comprehensive guide is essential for understanding the multifaceted and dynamic nature of banking accounting. It meticulously covers every aspect of the field, from foundational principles to advanced accounting standards. It provides a deep understanding of the processes and practices pivotal in shaping financial reporting in the banking sector.\u003c\/span\u003e\u003cspan\u003e It underscores the interlinkage and importance of an organisation's robust accounting and auditing systems.\u003c\/span\u003e \u003cspan lang=\"EN-IN\"\u003eIt \u003c\/span\u003e\u003cspan\u003eserves as an essential resource for understanding the intricacies of banking accounting, covering the following:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eFundamental Principles of Accounting\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eFinancial Statements of Banks\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003ePreparation of Financial Statements of Banks \u0026amp; Taxation\u003c\/span\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cspan\u003eAccounting Standards (Ind AS)\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan\u003eThe current edition has also been updated based on banking experts and internal faculty feedback, focusing on practicality and current digital trends.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan\u003eIt is an invaluable resource for students, professionals, and anyone interested in banking accounting. It is structured to cater to both beginners and seasoned practitioners\u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan lang=\"EN-IN\"\u003eThe Present Publication is the 2024 Edition, updated by Ms Anita Toshniwal | Chartered Accountant. Taxmann exclusively publishes this book for the Indian Institute of Banking and Finance with the following coverage:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul type=\"disc\"\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eModule A – Fundamentals of Accounting\u003c\/span\u003e\u003c\/b\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eAccounting | An Introduction\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Explore the nature, purpose, and historical perspectives of Financial, Cost, and Management Accounting. Understand the origins and evolution of Accounting Principles\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eAccounting Process\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Understand the Accounting Process, comparing Manual and Computerized Accounting Systems. Analyse the differences and implications of manual versus computerised accounting\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eKey Definitions and Terms \u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e–\u003cb\u003e \u003c\/b\u003eGain a foundational understanding of crucial accounting terms and definitions\u003cb\u003e\u003c\/b\u003e\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eJournal Use and Voucher Importance in Banking Transactions\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Learn about using journals and the role of various vouchers in bank accounting systems. Examine the accounting systems of different banks\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eBank Reconciliation Statement\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Introduction to the concept and importance of Bank Reconciliation Statements (BRS). Discuss the reasons for discrepancies between Cash Book and Pass Book and the preparation and advantages of BRS\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eDepreciation Accounting\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Understand the meaning, causes, and need for depreciation. Study various depreciation methods, including Straight Line and Written Down Value, and their advantages and disadvantages. Learn about the amortisation of intangible assets and fixed asset replacement\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eModule B – Financial Statements of Banks\u003c\/span\u003e\u003c\/b\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eIntroduction to Bank Financial Statements\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Overview of banking business and associated restrictions. Detailed look at the bank's book-keeping systems\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eAdvances and Asset Classification\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Presentation and policy disclosures regarding advances. Deep dive into income recognition and asset classification\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eBank Cash, Balances, and Short-Term Assets\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Analysis of cash, RBI balances, and short-notice assets.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eFixed and Other Assets\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Detailed examination of fixed and other asset presentations and policies\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eBorrowings, Deposits, and Capital Accounts\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Insight into the presentation and analysis of deposits, borrowings, capital, reserves, and surplus\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eLiabilities, Provisions, and Contingent Liabilities\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Understanding of other liabilities, provisions, and contingent liabilities\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eInvestments and Profit and Loss Accounting\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Exploration of investment presentations and profit and loss accounting\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eDisclosure Requirements and Consolidation\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Comprehensive look at disclosure requirements and the consolidation of financial statements and branch accounts\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eModule C – Preparation of Financial Statements of Banks \u0026amp; Taxation\u003c\/span\u003e\u003c\/b\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eFinal Accounts Preparation\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Detailed guide on preparing final accounts for banks, including cash flow and funds flow statements\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eManagement Information Systems and Financial Reporting\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Exploration of MIS in banking and its impact on financial reporting\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eAccounting in a Computerised Environment\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Discussion on the concept, advantages, and limitations of Computerized Accounting Systems\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eTaxation | Direct and Indirect Taxes\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Introduction to direct and indirect tax concepts and their application in banking\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eTax Provisions and Tax Planning\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Detailed analysis of tax provisions related to Income Tax and GST and strategies for tax planning\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cli class=\"MsoNormal\"\u003e\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eModule D – Accounting Standards (Ind AS)\u003c\/span\u003e\u003c\/b\u003e\u003c\/li\u003e\n\u003cul type=\"circle\"\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eScope, Statutory Provisions, and Compliances\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Detailed exploration of Accounting Standards, including comparisons between US GAAP and IFRS\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eApplicability of Ind AS\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Discussion on the applicability of Ind AS to banks, financial institutions, and corporates\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eConsolidated Financial Statements and Investment Accounting\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – In-depth look at consolidated financial statements, investment in subsidiaries, and standalone financial statements\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"MsoNormal\"\u003e\n\u003cb\u003e\u003cspan lang=\"EN-IN\"\u003eAccounting for Joint Ventures and Disclosures\u003c\/span\u003e\u003c\/b\u003e\u003cspan lang=\"EN-IN\"\u003e – Insight into accounting for jointly controlled entities and disclosure challenges under Ind AS.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ul\u003e","brand":"Curiocty Box","offers":[{"title":"Default Title","offer_id":67607779278957,"sku":"BK-BANKERSHANDBOOKONACCOUNTING","price":719.0,"currency_code":"INR","in_stock":true}],"url":"https:\/\/curioctybox.com\/products\/bankers-handbook-on-accounting-by-indian-institute-of-banking-finance-iibf","provider":"Curiocty Box","version":"1.0","type":"link"}