NMIMS Solved Assignment Financial Accounting Dec 2026

NMIMS Solved Assignment Financial Accounting Dec 2026:  [Unique]
NMIMS Solved Assignment Financial Accounting Dec 2026 :
Solved assignments in NMIMS Financial Accounting cover fundamental subjects such as accrual/realization concepts, final accounts preparation (P&L, Balance Sheet with adjustments), COGS computation, financial ratio analysis (liquidity, solvency), cash flow statements, and valuation principles.

NMIMS Centre for Distance and Online Education (NCDOE)
Course: Financial Accounting
Internal Assignment Applicable for Dec 2026 Examination

Assignment Marks: 20
Instructions

NMIMS Centre for Distance and Online Education (NCDOE)
Course: Financial Accounting
Internal Assignment Applicable for Dec 2026 Examination
l All Questions carry equal marks
l All Questions are compulsory
l All answers to be explained in not more than 1000 words for question Q1 and for question Q2(A)
and Q2(B) in not more than 500 words for each subsection. Use relevant examples, illustrations as
far as possible
l All answers to be written individually. Discussion and group work is not advisable.
l Students are free to refer to any books/reference material/website/internet for attempting their
assignments, but are not allowed to copy the matter as it is from the source of reference.
l Students should write the assignment in their own words. Copying of assignments from other
students is not allowed
l Students should follow the following parameter for answering the assignment questions

NMIMS Centre for Distance and Online Education (NCDOE)
Course: Financial Accounting
Internal Assignment Applicable for Dec 2026 Examination
Q1 A newly established retail business has started expanding its operations and is now
seeking a bank loan for further growth. The owner maintains basic records of
transactions but is unsure how accounting information can support different
stakeholders.
As a financial consultant, explain how accounting information can be applied to
support the decisions of the owner, managers, employees, bankers and government
authorities. Also explain how the financial statements prepared from accounting
records can assist these users in evaluating the business.
(10 Marks)
Q2 (A) A company’s finance manager asks the accountant to postpone the recognition of
certain expenses so that the current year’s profit appears higher and the company can
meet its performance target. The accountant is concerned that doing so may mislead
investors and other stakeholders.
As the accountant, propose an appropriate course of action in this situation and justify
your recommendation using relevant ethical principles of accounting.
(5 Marks)
Q2 (B) The following information is available for ABC Ltd.:
Year Sales (Rs. lakh) Profit Before Tax (Rs.
lakh)
2022 2,500 400
2023 2,750 450
2024 3,000 500
Using 2022 as the base year, calculate the trend percentages for Sales and Profit
Before Tax for 2023 and 2024. Based on the results, comment briefly on the trend in
the company’s performance.
(5 Marks)