This is a comprehensive course consisting of video lectures covering various aspects of accounting. The course begins with the basics of accounting and then moves with the systematic topic-wise allocation of sections thereby making it easier to understand. Each concept is explained in detail along with solved illustrations.

Features of the course:

• Recorded virtual whiteboard video lectures every week covering a particular topic.
• Video lectures include explaining concepts and solving of examples.
• Flexibility to study at your own convenient time.

Topics covered in the course are as follows:

• Meaning and Scope of accounting: This includes the definition and meaning of accounting and the scope of accounting.
• Accounting Concepts, Principles, and Conventions: This explains the following accounting Concepts along with examples like – 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, Objectivity concept.
• Accounting Terms: Following terms related to accountancy are explained here along with examples – Financial Transaction/ Business Transaction, Voucher, Journals, Ledger account, Capital, Liabilities, and types of Liabilities, Assets, and types of Assets, Capital receipts, Revenue receipts, Debtors/Receivables, Capital expenditure, Revenue Expenditure, Creditors/ Payables, Expenses, Purchase, Stock/Inventory, Profit and Loss.
• Process of Accounting: This explains transaction flow from various books of accounts. It also includes how to pass a journal entry, post a journal entry in a ledger account and prepare a trial balance
• Books of Accounts: This explains various books of accounts Journals, Ledgers, General Ledgers, and Subsidiary books. It also includes a process to prepare a Petty Cashbook, Cashbook.

Who should take this course?

This course is designed for anyone who wants to learn accounting.

Happy Learning 

Vanijyavidya