The book "Financial Accounting" by Dr. B. Sivakumar serves as a comprehensive guide to the foundational principles of accounting, tailored for students and professionals seeking to understand financial accounting in a business context. Authored by an Associate Professor in Commerce at PSG College of Arts & Science, the book is designed to elucidate core accounting concepts while emphasizing practical applications. This book not only equips readers with the technical skills required to prepare and interpret financial statements but also underscores the ethical dimensions of accounting, ensuring accountability and transparency. It serves as a stepping stone for advanced studies and professional expertise in the field.