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Tribhuvan University

BSc CSITBachelor of Science in Computer Science and Information TechnologyBCABachelor of Computer ApplicationBITBachelor of Information TechnologyBIMBachelor of Information ManagementBBABachelor of Business AdministrationBBSBachelor of Business StudiesBBMBachelor of Business ManagementBITMBachelor of Information Technology Management

Pokhara University

BE Computer (PU)Bachelor of Engineering in Computer EngineeringBBA (PU)Bachelor of Business Administration (Pokhara University)

National Examinations Board (+2)

Class 10Class 10 (SEE)+2 Science+2 Science (Class 11 and 12)+2 Management+2 Management (Class 11 and 12)+2 Humanities+2 Humanities (Class 11 and 12)
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Elective Financial Accounting II

Financial Accounting II notes

8 chapter notes, in syllabus order. Each starts with the key points.

Unit 1

Partnership Accounting: Basics, Accounts & DissolutionUnit 1 of Financial Accounting II covers the fundamental principles of partnership accounting, including formation, profit-sharing, capital accounts, interest calculations, and dissolution procedures, with practical examples and real-world applications in Nepali businesses.11 min read

Unit 2

Admission & Retirement of Partners: Accounting, Valuation & AdjustmentsUnit 2 of Financial Accounting II covers how new partners join or existing partners leave a partnership, including capital adjustments, goodwill treatment, revaluation of assets, and the accounting entries required for each scenario.15 min read

Unit 3

Company Accounts: Shares & Debentures – Types, Issues, Accounting & AnalysisUnit 3 of Financial Accounting II covers the accounting treatment of shares (equity and preference) and debentures (loans), including issue procedures, premium/discount, redemption, and their impact on financial statements—with real-world examples from Nepali companies like NEPSE-listed firms and banks.10 min read

Unit 4

Company Financial Statements: Types, Formats & AnalysisUnit 4 of Financial Accounting II explores the preparation and analysis of company financial statements—Income Statement, Balance Sheet, Cash Flow Statement, and Statement of Changes in Equity—using Nepal Financial Reporting Standards (NFRS), with practical examples from Nepali businesses like Ncell and NEPSE.14 min read

Unit 5

Cash Flow Statement: Types, Preparation, Analysis & InterpretationUnit 5 of Financial Accounting II covers the Cash Flow Statement (CFS), its three classifications (operating, investing, financing), preparation using direct and indirect methods, and its analysis for liquidity and solvency. Learn how to link it with income statements and balance sheets, with a fully worked example for10 min read

Unit 6

Financial Statement Analysis: Tools & TechniquesUnit 6 of Financial Accounting II explores how to analyze a company’s financial health using tools like vertical/horizontal analysis, common-size statements, and key ratios (liquidity, profitability, solvency, efficiency). Learn to interpret trends, compare performance, and assess risk—essential for investors, managers20 min read

Unit 7

Ratio Analysis · note coming

Unit 8

Accounting for Non-Profit Organizations · note coming

Unit 9

Nepal Financial Reporting Standards (NFRS) – Frameworks, Disclosures & ComplianceUnit 9 of Financial Accounting II explores Nepal Financial Reporting Standards (NFRS), including their alignment with IFRS, key standards (e.g., NFRS 1–10), disclosure requirements, and practical applications in Nepali businesses like banks, NEPSE-listed companies, and NGOs.14 min read

Unit 10

Computerized Accounting: Systems, Software & AutomationUnit 10 of Financial Accounting II explores computerized accounting systems, their components, advantages, limitations, and implementation in businesses, with a focus on Nepal’s financial reporting standards (NFRS) and real-world applications like eSewa and Ncell.15 min read