Accounting and Finance for Bankers for JAIIB and Diploma in Banking & Finance Examination

JAIIB and DB&F (Diploma in Banking & Finance) Examination is conducted by Indian Institute of Banking and Finance (IIBF) in Mayand November every year. ‘Accounting & Finance for Bankers’ is the2nd paper of the JAIIB/DB&F Examination.
Present book is published keeping the Young Bankers in mind, who are not having commerce background. The main advantage of this book is to understand the bank-related accounting process in easy language and to awaken the bankers’ confidence on accounting and finance.
Exhaustive material has been provided in the book which will help the readers in grasping in-depth knowledge of banking and banking-related accounting knowledge.
This book is based on the latest JAIIB syllabus. It is an updated comprehensive textbook that incorporates latest changes in banking and financial sectors up to October 2020 and contains several objective questions at the end of each chapter for testing the readers’ preparation for the exam. Two mock tests for self-assessment of preparation are also given at the end of the book.
This book is very useful for day-to-day Banking operations and all knowledge-based examinations in banking. It is believed the book will be beneficial to all the new entrants in banking.
Module A: Business Mathematics and Finance: Calculation of Interest and Annuities; Calculation of YTM; Capital Budgeting; Depreciation and its Accounting; Foreign Exchange Arithmetic. Module B: principles of bookkeeping & Accountancy: Definition, Scope and Accounting Standards; Basic Accountancy Procedures; Maintenance of Cash/Subsidiary Books and Ledger; Bank Reconciliation Statement; Trial Balance, Rectification of Errors and Adjusting & Closing Entries; Capital and Revenue Expenditure; Bills of Exchange. Module C: final accounts: Balance Sheet Equation; Preparation of Final Accounts; Ratio Analysis; Final Accounts of Banking Companies; Company Accounts; Accounting in a Computerized Environment. Module D: banking operations: Banking Operations; Operational Aspects of KYC & Customer Service; Operational Aspects of Accounting Entries; Operational Aspects of Handling Cash & Clearing; Operational Aspects of Deposit Accounts; Operational Aspects of Loan Accounts; Operational Aspects of CBS Environment; Back Office Functions & Handling Unreconciled Entries in Banks. Mock Test.