Accounting by CA D. G. Sharma in the CA Intermediate level aims to familiarize the students with the application of the concepts, principles, and, most importantly, the procedures of accounting. In this course, the aspirant is acquainted with the framing and working of accounting standards, preparing financial statements of various business entities, solving cases relating to sole proprietorships, partnerships, and companies. Particular emphasis is laid on covering the various aspects related to company and partnership accounts. An overview of the computerized accounting system is also provided. Overall, the paper on Accounting aims to provide a sound knowledge of various accounting tools and ensure their effective usage in a practical environment.