Accounting Manual For Multi Purpose Cooperatives

This manual is a guide and the cooperative should adopt only the systems and procedures applicable to its actual business operations.

Textbook on accounting methodology developed in the federal system of credit cooperatives in the USA.

The book on Cooperative Accounting dovetails the fundamentals of accounting and accounting process in cooperatives. Part I presents the fundamental aspects of accounting, preparation of books of original entries, and ledgers. Moreover, it dovetails the preparation of annual financial statements which includes preparation of trial balance, activity statement, surplus and loss account, and balance sheet. Part II depicts a clear picture on evolution of cooperative accounting and its process; and bu