Are you Worried about BBS 1st Year Financial Accounting Notes 2082? NDGURU offers complete, chapter-wise notes for MGT 211 with simplified explanations, examples, and illustrations. Each topic is broken down clearly, helping students understand accounting principles, transactions, statements, and analysis easily. Whether you’re preparing for exams or building a strong accounting base, these notes are tailored for clarity and academic success. All resources are free and updated as per the latest Tribhuvan University syllabus.
Chapter wise Notes
Unit 1: Basic Understanding of Financial Accounting (8 LHs)
Learn the fundamentals of financial accounting, types of business entities, users of accounting info, and the differences between book-keeping, accounting, and accountancy.
Unit 2: Conceptual Framework of Accounting (8 LHs)
Covers GAAP principles, accounting concepts and conventions, international accounting standards (NAS, IAS, IFRS), and ethical considerations in accounting.
Unit 3: Accounting Process (23 LHs)
Understand how business transactions are recorded using journal, ledger, and trial balance based on debit-credit rules and accounting equation.
Click Here [Download Note]
Unit 4: Accrual Basis of Accounting (10 LHs)
Distinguish between accrual and cash accounting. Learn adjusting and closing entries with preparation of adjusted trial balance.
Unit 5: Accounting for Inventories & COGS (8 LHs)
Explore how inventories are valued using periodic/perpetual systems, methods like FIFO/LIFO, and their effect on income and balance sheets.
Unit 6: Accounting for Cash and Internal Control (6 LHs)
Master cash handling procedures, internal control principles, bank reconciliation, and petty cash system for ensuring financial accuracy.
Unit 7: Accounting for Receivables (6 LHs)
Learn to manage accounts and notes receivables, bad debts, and use ratios to evaluate collection efficiency.
Unit 8: Accounting for Current Liabilities and Contingencies (6 LHs)
Study how to record and present short-term obligations like payables, accrued expenses, and handle contingencies like warranties.
Unit 9: Accounting for Long-Lived Assets (10 LHs)
Covers acquisition, depreciation methods, disposal of assets, and their effect on financial statements and business performance.
Unit 10: Accounting for Long-Term Liabilities (8 LHs)
Analyze debentures, leases, and long-term borrowings. Learn their accounting treatment and balance sheet presentation.
Unit 11: Accounting for Shareholders’ Equity (7 LHs)
Focuses on shares, dividends, treasury stocks, and stock splits with emphasis on journal entries and equity analysis.
Unit 12: Basic Financial Statements (20 LHs)
Learn how to prepare income statements, balance sheets, retained earnings statements, and equity statements with proper format.
Unit 13: Cash Flow Statement (12 LHs)
Understand how to prepare cash flow statements using direct and indirect methods and interpret business liquidity.
Unit 14: Value Added Statement (6 LHs)
Explains how to show value generation and distribution within a company using value-added statements.
Unit 15: Analysis of Financial Statements (12 LHs)
Learn horizontal/vertical analysis, common-size statements, and financial ratios like liquidity, profitability, and efficiency to evaluate performance.
Important Link
Frequently Asked Questions (FAQs)
Q1: What is MGT 211 in BBS 1st Year?
A: MGT 211 is Financial Accounting and Analysis, a core subject in the BBS 1st Year course under Tribhuvan University.
Q2: Where can I find BBS 1st Year Financial Accounting Notes 2082?
A: You can get free, chapter-wise BBS 1st Year Financial Accounting Notes 2082 at NDGURU with clear explanations and examples.
Q3: Are the notes based on the latest TU syllabus?
A: Yes, all notes are updated as per the 2082 syllabus of Tribhuvan University (TU) for BBS 1st Year students.
Q4: How many chapters are there in MGT 211 Financial Accounting?
A: There are 15 units in total, covering topics like journal entries, statements, cash flow, inventories, and ratio analysis.
Q5: Can I download the financial accounting notes in PDF?
A: Yes, NDGURU provides downloadable PDF notes for all chapters of BBS 1st Year Financial Accounting.
Q6: Do these notes include examples and practice questions?
A: Yes, every chapter includes simple examples, formulas, and practice questions to help students prepare well.
Q7: Are NDGURU’s notes useful for BBS board exams?
A: Absolutely! NDGURU’s notes are designed to help students score high in TU board exams with exam-focused materials.
You May Like This
- Class 12 Accounting Notes – Chapter-wise PDF (NEB 2081/2082)
nagendradhimal.com.np/class-12-account-notes - Class 12 Economics Notes (NEB 2081/2082)
nagendradhimal.com.np/class-12-economic-model-question-2082 - BBS 1st Year Account Model Questions & Notes (2082)
nagendradhimal.com.np/tu-bbs-1st-year-accounting-model-questions-2082-pdf - BBS 2nd Year Business Communication Notes (MGT 205, 2082)
nagendradhimal.com.np/bbs-2nd-year-business-communication-notes-pdf - Visit NDGURU YouTube Channel
Learn via free video tutorials by Nagendra Dhimal on business subjects and Class 12 content.
NDGURU YouTube Channel (Nagendra Dhimal)
NEB-2082