Financial & Management Accounting – I (Solved) | Syllabus, Numerical & Notes for LU BBA Sem 1

Hey, Lucknow University students!

“Financial Management and Accounting” (FMA) is a critical subject in your BBA 1st Semester. It builds the foundation for understanding how businesses track, manage, and report their money.

We’ve broken down the entire syllabus into easy-to-digest notes, covering everything from basic journal entries to complex financial statement analysis.

Just click on your desired topic below to access the notes and master the concepts!

Unit 1: Introduction to Accounting

• Introduction to Accounting (Meaning, Objectives, Process, Branches) [View Notes]

• Bases of Accounting (Cash vs. Accrual) [View Notes]

• Users of Accounting Information [View Notes]

• Ethical Issues in Accounting [View Notes]

• Generally Accepted Accounting Principles (GAAP) [View Notes]

• Introduction to Indian Accounting Standards (Ind AS) and IFRS [View Notes]

Unit 2: Recording & Final Accounts

• Classification of Accounts [View Notes]

• Recording and Posting of Transactions (Journal & Ledger) [View Notes]

• Preparation of Trial Balance [View Notes]

• Capital and Revenue (Income & Expenditure) [View Notes]

• Preparation of Final Accounts (Sole Proprietorship: P&L Account and Balance Sheet) [View Notes]

• Adjustment Entries (Inventory, Depreciation, Provisions, Accrued, etc.) [View Notes]

Unit 3: Asset Accounting & Corporate Accounting

• Valuation of Inventories (Meaning & Significance) [View Notes]

• Inventory Record Systems (Periodic vs. Perpetual) [View Notes]

• Inventory Valuation Methods (FIFO, LIFO, Weighted Average) [View Notes]

• Depreciation (Meaning, Methods: SLM & WDV) [View Notes]

• Bank Reconciliation Statement (BRS) [View Notes]

• Introduction to Corporate Accounting (Preparation of Company Financial Statements) [View Notes]

• Contents of an Annual Report [View Notes]

Unit 4: Analysis of Financial Statements

• Analysis of Financial Statements (Meaning, Types, Techniques) Trend Analysis [View Notes]

• Ratio Analysis [View Notes]

• Statement of Cash Flow (Indirect Method) [View Notes]

📚 Keep Studying!

We hope these Financial Management and Accounting notes help you build a strong foundation for your BBA. LuNotes is your one-stop solution for all Lucknow University notes. Don’t forget to check out our notes for other subjects in your semester!

• [Link to Principles of Management Notes]

• [Link to Personality Development Notes]

• [Link to Complete Computer application Notes]

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