About the course

Hi
This course covers the fundamental accounting terms, concepts, and policies essential for a solid understanding of financial accounting practices. It delves into topics such as understanding basic terms and accounting principles that form the backbone of financial reporting and analysis.

Key Highlights:

• Fundamental accounting terminology
• Key accounting terms, concepts and policies in depth
• Understanding accounting policies
• Concept with examples

What you will learn:

• Meaning and Scope of Accounting
• Accounting Terms
• This includes explaination of following terms - Financial Transaction,Voucher, Journals, Ledger account, Capital,Liabilities, Assets, Debtors, Creditors, Purchase, Stock/ Inventory, Profit and Loss
• Accounting Concepts, Principles and Conventions
• This includes following Principles - GAAP (Generally accepted accounting principles), Business Entity concept, Money measurement concept,Going Concern Concept, Accounting period concept, Cost concept, Revenue recognition concept,Matching Concept, Accrual basis of accounting, Cash basis of accounting, Full disclosure concept, Consistency concept, Conservatism concept, Materiality concept
• Process of Accounting or Accounting Cycle

Who is this course for :

• Beginner who is curious to learn about accounting. This is comprehensive course consisting of various topics of accounting discussed in detail along with examples which enables to understand terms and concepts. 
• Students of Accountancy - 11th Standard / 1st PUC , 12th Standard/ 2nd PUC , CA Foundation
   

  Course Validity :1 Year from date of Enrollment. All the resources (video lectures, quizzes etc) can be accessed for period of 1 year from date of enrollment.