This site is the brainchild of Mr. J.B. Sharma who is a Cost and Management Accountant. Mr. Sharma is a senior faculty in a Business School in India. While teaching to management students, he felt that many students find Financial Accounting tough, though this is not a tough subject. What was most surprising was that many students from Commerce background were also not fully equipped to deal with the intricacies of the subject. Due to lack of sufficient knowledge of Financial Accounting, they face difficulties in Financial Management and Management Accounting also.
The main reason for their lack of proficiency in the subject was that they did not grasp the basics of the subject in their school days. With a deep desire to help the school students understand the subject of Accountancy, this site was put in place. It is hoped that school students as well as college students will find this site very useful. Suggestions from students, teachers and other professionals are most welcome to improve this site.