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The whole book has been updated and corrections made wherever required. Each aspect of a chapter has been discussed in detail in order to meet the requirements of the syllabi prescribed by different universities and professional institutes. Several new problems taken from the latest examination questions have been incorporated as illustrations and problems appearing at the end of each chapter. All chapters have been revised and updated. Problems of each chapter have been suitably graded and edited to include questions of topical interest. Objective type (with brief answers), Short Answer Type and Long Answer Type questions have been added to make the subject matter more clear to the readers. We are confident that the book in its revised form will be more useful for B.Com. (Pass and Hons.), M.Com., M.B.A., C.A., I.P.C.E., C.A. (Final), I.C.M.A. (Stage II) and Company Secretaries (Executive Programme) Examinations.
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