Introduction to Book-keeping and Accountancy

Introduction

Evolution 

Meaning and Definition of book keeping 

Utility

Difference between Book-Keeping and Accountancy

Meaning and Definition of Accountancy

Basis (Methods) of Accounting System

Qualitative characteristics of accounting information

Basic Accounting Terminologies

Transactions

Debtors and creditors

Expenditure and types of expenditure 

Cash discount and trade discount

Solvent and insolvent

Goodwill 

Profit and loss

Assets, Liabilities, Net Worth

Types of Assets, Liabilities, Net Worth

Contingent liabilities

Accounting concept, convention and Principles

Accounting Standards (AS) and IFRS

Wll try to cover all basic knowledge to student

Same session will help in our next topic.

Wherever required we will try to map up with the organisation/company

Practical concept will cover

If required then we will have detailed session for your doubts and confusion.

This introduction will help while approaching any professional degree.

Importance of this session will be effective only when you are affected.