CBSE Class 12 Accounting - Introduction

After teaching accounts for over a quarter century, I decided to quit formal teaching. This blog is mainly copied and pasted from  my book Concise Accountancy. 

Here is the preface to the book.

The Concise Text Book of Accountancy is a product that crystallized from many years of my hard work. I started planning this book in 1984 but waited another 25 years to gather enough experience before venturing to actual work. I taught Accountancy long enough to visualize almost every difficulty a student would face while learning the subject. The illustrations in this book are extracted from class room demonstrations. The main focus of this book is self learning. Every important point is explained with the help of simple illustrations followed by comprehensive illustrations at a later stage. When there is a difficulty in working out a comprehensive question, a student can check the simple illustrations to revise the accounting treatment.

Useful hints and comments are given in text boxes to direct the attention of students to the right spots in the topic discussed. This book is written in plain simple language which the students will find easy to follow. My aim is to present the subject of Accountancy, not to demonstrate my skill in twisting the English language. Text books in the past were written in hard language and everybody assumed that it was the way it should be done. Good business language is important at a later stage, but right now understanding the basic concepts of Accountancy is more important.

Acknowledgements

Many of my friends and students have encouraged me to complete this project. I am thankful to all my colleagues of Abu Dhabi Indian School who reviewed the trial print and provided valuable suggestions for improvement.

Special thanks to Dr.Munish Makkad for his kind review and creative suggestions.

Thanks to my wife Elsy for her words of encouragement and the unlimited supply of tea. My children Sonia and Kevin lost lot of their fun time because of a busy Papa at home typing out the pages.

Sam Thomas