Basic Accounting Concepts
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Basic Accounting Concepts
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What is the difference between accounting and accountancy?

What is the difference between accounting and accountancy? | Basic Accounting Concepts | Scoop.it
Accounting Vs Accountancy Accounting is the action or process of keeping financial accounts. Accountancy describes the duties of an accountant, the person whose job is to keep, inspect and interpre...
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Download Accounting Principles eBook for free

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This eBook explains all of the basic accounting concepts and terminology you will need to understand the three primary financial statements. i.e. Income statement, Balance Sheet and Cash flow statement. 

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Debits and Credits in Accounting - History and definition

This animated video will help you understand the history and definitions of the terms Debit and Credit as they are used in Accounting. http://www.scribd.com/...
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Articles about Basic Accounting Concepts required for CBSE

The Central Board of Secondary Education (abbreviated as CBSE) is a Board of Education for public and private schools, under the Union Government of India. These accounting articles help students prepare for the CBSE exams.

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Accounting Principles

Accounting Principles | Basic Accounting Concepts | Scoop.it
Learn the basic accounting principles for FREE at AccountingCoach.com. Understand how these generally accepted accounting principles affect the financial statements.
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The Accounting Equation - Conceptual Analogy

This is an analogy to describe the accounting equation.
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Business Financials – Easy 101 | AccountKeepingPlus - Administration, Bookkeeping, Compliance News & Tips

Business Financials – Easy 101 | AccountKeepingPlus - Administration, Bookkeeping, Compliance News & Tips | Basic Accounting Concepts | Scoop.it

Posts about basic Business Financials – Easy 101 written by accountkeepingplus - MYOB Certified Consultant – Paul Humphreys

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Accounting Conventions and Accounting Concepts

Accounting Conventions and Accounting Concepts | Basic Accounting Concepts | Scoop.it
Accounting Conventions - The term convention means 'established usage.' Conventions are based on practicability and usage. For example, the relationship of 12 units forming a dozen is a convention.
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Learn Accounting Principles, Financial Cost Management Accounting

Learn Accounting Principles, Financial Cost Management Accounting | Basic Accounting Concepts | Scoop.it

Its a Blog Related To Accounting and all its basics

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Accounting Basic Theory & Concepts, Homework Help, Questions Answers

Accounting Basic Theory & Concepts, Homework Help, Questions Answers | Basic Accounting Concepts | Scoop.it

Free tutorials on accounting - As accounting is one of the vast subject area and to study accounting topics, you will need dedication and devotion. We take care of students by providing them various services like accounting online tutoring, accounting assignment help, homework help, accounts projects help etc.

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Accounting Concepts Principles Bases and Policies - Sikkim Manipal University

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Basic Accounting Terms and Concepts◄Click here

Basic Accounting Terms and Concepts◄Click here | Basic Accounting Concepts | Scoop.it

A presentation to help you understand basic accounting concepts - It explain what accounting is, how to identify the users and uses of accounting, understand why ethics is a fundamental business concept, explain accounting standards and the measurement principles, explain the monetary unit assumption and the economic entity assumption, state the accounting equation, and define its components, analyze the effects of business transactions on the accountingequation and understand the four financial statements and how they areprepared.

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Terms, Principles, Accounting Equation, Part 3

Discussion of the Revenue Recognition and Matching Principles

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Accounting Basics

Accounting Basics | Basic Accounting Concepts | Scoop.it

Explaining the purpose and content of the following financial statements
1. Income Statement
2. Balance Sheet
3. Statement of Cash Flows
4. Double Entry System of Accouting

Anurag Jain's comment, October 16, 2014 3:09 PM
Thank you .. :-)
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MBA Accounting Study Notes

MBA Accounting Study Notes | Basic Accounting Concepts | Scoop.it

A diary by Chappelleof of his MBA (Masters of Buisness Admistration) Study Notes - 30 basic Accounting concept topics covered in detail.

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Here are some of the Newer accounting posts

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Get MBA Accounting Study Notes

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Debits and Credits in Accounting - Introduction

This is the first section in a course designed to help accounting students fully understand the concept of debits and credits in Accounting. Ebook: http://ww...
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10 free video tutorials on Basic Accounting Concepts

A series of 19 tutorial videos by CXO Learning Academy covering topics such as: 

GAAP Constraints, Assumptions GAAP, GAAP Principles, Generally Accepted Accounting Principles, Revenue and Expenses, An Overview Tutorial, Accounting Concepts - Assets, Accounting Concepts- Owners Equity - Accounting Concepts - Liabilities.

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Introduction to Accounting

In this video I provide an overview of accounting and walk you through how to read financial statements.

Alanis Business Academy is devoted entirely to providing high-quality educational business content. We post new videos on a weekly basis, so continue to check back with us for new content.

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Fundamental Accounting Concepts and Principles

35 slides describing the accounting concepts and principles.

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Accounting Concepts & Principles

Accounting Concepts & Principles | Basic Accounting Concepts | Scoop.it

Accounting principles focus on the users of accounting information. Principles have developed over a long period of time, and are continuously subject to revision as information needs change. This article deals with a review of accounting concepts and principles which are:1) business entity, 2) going concern, 3) objective evidence, 4) unit of measurement, 5) accounting period, 6) matching revenues and expenses, 7) adequate disclosure, 8) materiality, 9) consistency, and 10) conservatism

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A sound article explaining the concepts and principles that underpin the recording, classifying and reporting of financial transactions in the accounting system.

Carlyle Johnson's curator insight, May 23, 2013 10:54 PM

Good accounting information.

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Basic Accounting Principles for Fitness Professionals

Basic Accounting Principles for Fitness Professionals | Basic Accounting Concepts | Scoop.it
Accounting is an important part of any business. It provides the financial snapshot we need in order to make informed decisions regarding the current and future health and performance of our business.
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A comprehensive article about basic accounting principles every small business owner should understand by Tom Perkins, a fitness business coach/adviser; a radio host, speaker and author; and a certified personal trainer and nutritionist. Tom covers topics like: Terminology and General Principles, Accounting Method, Debits and Credits, Income & Expenses, 

Assets and Liabilities, Financial statements, Master Budgets and a Glossary.

 

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Double-entry bookkeeping explained - 10 ways.

Double-entry bookkeeping explained - 10 ways. | Basic Accounting Concepts | Scoop.it

For anyone that wants to learn accounting and to process transactions in accounting software correctly, the first step is to understand double-entry accounting. Here are 10 authors who have set out to explain it.

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Financial Accounting - An Overview Tutorial

This is the first video of the 10 video tutorial series on financial accounting. This simple video presents the overview of the subject - what is accounting, branches of the accounting as a subject, definitions, accounting identity, various types of accounting books and introduction to the process of bookkeeping in brief beginning from transactions data

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What is the purpose of accounting?◄Click here

What is the purpose of accounting?◄Click here | Basic Accounting Concepts | Scoop.it

The purpose of accounting is to provide financial information about economic entities in the form of financial statements and other reports. Financial statements allows internal and external stakeholders make evaluations about the performance of the business and its management. This evaluation permits stakeholders to make informed judgments and decisions about the entity and their engagement with the entity.

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Basic Accounting Principles and Concepts ◄Click here

Basic Accounting Principles and Concepts ◄Click here | Basic Accounting Concepts | Scoop.it
In this article, you will learn and familiarize yourself with the accounting principles and accounting concepts relevant in performing the accounting procedures.
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