Concepts Master · JAIIB · AFM

AFM: Concepts and Practice

For JAIIB’s Accounting and Financial Management for Bankers paper: every unit of the syllabus taught in plain words, and every numerical worked step by step at a bank desk, with the keys to press on the calculator: accounts, final statements of companies and banks, financial maths, ratios, capital budgeting, forex, tax and costing, with practice questions and every answer worked. By G S Khurana; 2026–27 edition.

The chapters

• APart A: Accounting Principles and Processes
• 1Accounting: scope, standards and Ind ASp. 1
• 2Book-keeping: journal, cash book, subsidiary books, ledgerp. 15
• 3The bank reconciliation statementp. 29
• 4Trial balance, errors, adjusting and closing entriesp. 43
• 5Depreciation; capital and revenue expenditurep. 57
• 6Bills of exchangep. 71
• 7Bank accounting entries, back office, audit and inspectionp. 85
• BPart B: Financial Statements and Core Banking Systems
• 8The balance sheet equation and final accountsp. 99
• 9Company accounts I: shares and debenturesp. 113
• 10Company accounts II: final accounts of companiesp. 127
• 11Cash flow and funds flowp. 141
• 12Final accounts of banking companiesp. 155
• 13Core banking and accounting in a computerised settingp. 169
• CPart C: Financial Management
• 14Financial management and ratio analysisp. 183
• 15Interest and annuitiesp. 197
• 16Bond prices and yield to maturityp. 211
• 17Forex arithmeticp. 225
• 18Capital structure and the cost of capitalp. 239
• 19Capital investment decisions and lease financep. 253
• 20Working capital management and derivativesp. 267
• DPart D: Taxation and Fundamentals of Costing
• 21Income tax, deferred tax and GSTp. 281
• 22Cost and management accounting; costing methodsp. 295
• 23Standard costing and marginal costingp. 309
• 24Budgets and budgetary controlp. 323

Corrections and updates: see the errata page.