Master accountancy with a refreshingly new approach to learning accounting in India. This unique guide demystifies financial statements like cash flow, profit and loss, and balance sheets *before* introducing double-entry bookkeeping. Gain a clear understanding of fundamental accounting principles and their practical applications. Explore financial accounting, management insights, and internal controls with numerous examples. Ideal for aspiring commerce students and professionals seeking a solid grasp of bookkeeping and accounting theory and practice, this book offers valuable insight into the world of finance.