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Accounting Concepts and Principles: Accounting Basics and Fundamentals
 
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This lesson will teach you 7 Accounting Concepts and Principles that underly all accounting studies and practice. To add relevance, reliability and comparability throughout the behaviour of all accountants globally, accountants follow these 7 accounting concepts in all their activities. This lesson should be the first topic you study in your Introduction to Accounting knowledge journey as it lays the fundamentals for all future accounting study. You will learn about: * The Entity Concept 2:07 * The Accounting Period Concept 5:08 * The Cost Principle 8:02 * The Matching Concept 11:34 * The Profit Recognition Principle 13:49 * The Conservatism Principle 16:50 * The Going Concern Principle 20:15 Each concept is explained both with the theory and an example or two. If you apply all these concepts & principles throughout your activity as a student, bookkeeper or accountant then you will be a successful accounting professional. So whether you are a accounting student, bookkeeper or MBA candidate with a finance subject, you should find value in this lesson. You can also get in touch anytime if you need any further help or clarification beyond the lesson. Just check out the contact details in our YouTube Channel. --------------------- Thumbnail Portrait: Photo by Bruce Mars from Pexels --------------------- This video was brought to you by AccoFina. Subscribe to the Channel: https://goo.gl/84Sfeg Or just check out the Channel Page: https://goo.gl/yTj9Bs Here’s AccoFina’s Most Popular YouTube Video: https://goo.gl/Jbv685 And here’s AccoFina’s Latest YouTube Upload: https://goo.gl/wDM83Y AccoFina Website, Product Pages and Social Networking: 1) Website (includes Free Spreadsheets, Free Books and Free Calculators) http://www.accofina.com 2) Amazon Author Page: http://www.amazon.com/author/axeltracy 3) Udemy Instructor Page https://www.udemy.com/u/axeltracy/ 4) Facebook http://www.facebook.com/accofinaDotCom 5) Twitter http://www.twitter.com/accofina 6) Google+ http://plus.google.com/+accofina
Views: 161336 AccoFina
Learn Accounting in 1 HOUR  First Lesson: Debits and Credits
 
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The ultimate video for new accounting students to learn basic accounting principles and accounting mechanics. This video assumes you know NOTHING and by the end of it, has you reading fortune 500 company financial statements. Learn more and become student at EF University for FREE - http://executivefinance.teachable.com/ Like us Facebook- https://www.facebook.com/exfinance/ Linkedin- https://www.linkedin.com/company/executive-finance Twitter- https://twitter.com/exfinance
Views: 1327957 Executive Finance
Basic Accounting in 10 minutes Tutorial
 
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Basic Accounting in 10 minutes Tutorial © 2012 Pavlov Global Publishing
Views: 1544843 Shred 207
Principles of Accounting - Lecture 01a
 
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Principles of Accounting; deifition; identify; record; communicate; organization, interested users; financial statements; stakeholders; internal users; external users; management; human resources; finance; customers; SEC; creditors; labor unions; investors; pay raise; dividend; ethics; financial scandals; Sarbanes-Oxley; balance sheet; income statement; GAAP; FASB; IASB; cost principle; historical cost; purchase price; verifiability; fair value;
Views: 381466 Krassimir Petrov
Basic concept of accounting by Santosh kumar (CA/CMA)
 
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This is only a demo class. classes are available for CA/CMA/CS/B.COM( All universities), 11th, 12th. My all classes are available in Download link /Pen drive mode. You can also buy my classes on per chapter basis at conceptonlineclasses.com. for any query, please contact us on 01204225003/4/5 Mail us on [email protected]
Views: 489683 santosh kumar
Financial Accounting: GAAP Principles and Concepts
 
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For best viewing, switch settings to 1080p Help us caption & translate this video! http://amara.org/v/FgKs/
Views: 30107 ProfAlldredge
Accounting for Beginners #1 / Debits and Credits / Assets = Liabilities + Equity
 
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https://www.youtube.com/playlist?list=PLT-zZCow6v8t5_2RQDnAOQHfQiBYDw26z BEST ACCOUNTING PLAYLIST ON YOUTUBE !!!!!!!! This is a great Accounting tutorial for the Basics of Accounting for beginners. The easiest way to keeps debits and credits, and Assets = Liabilities + Equity ( Accounting Equation) straight. This is how i passed the CPA Exam to become a licensed CPA in the State of Florida. You can use the information in the video on your first day of Accounting class all the way tho being a CPA. Debits, Credits, Assets, Draw, Expenses, Liabilities, Equity, Revenue. This video has a very basic example and can be used in the most advanced situations. Learn Debits and Credits and the basic accounting equation which is assets = liabilities + equity. This will also help with the income statement which is Revenues - Expenses. I hope you enjoy the video. In this video i go over journal entries. Get your tips here in this accounting for beginners video. There is also information on the balance sheet here in this video. I also go over Accounts Receivable, Accounts Payable, Depreciation, Accumulated Depreciation, Putting Assets on the books, Fifo and Lifo Inventory Valuation, and so much more in this series for beginners. Help Support the channel by using one of my links. The Amazon link is my favorite, it is the same experience and same price for you, and i get a small kickback for purchasing goods from my amazon link. THANK YOU FOR YOUR SUPPORT. Amazon Affiliate Link: https://amzn.to/2MS2OMg CHANNEL OPTIMIZATION https://www.tubebuddy.com/CPASTRENGTH NEED PAYROLL FOR YOUR COMPANY https://gusto.com/r/SAtdL Accounting For Beginners #1 https://www.youtube.com/watch?v=_pTU4gwmcMs Debits and Credits / Assets = Liabilities + Equity Accounting For Beginners #2 https://www.youtube.com/watch?v=0--jJn6zqfg Basics / Accounting Equation Accounting For Beginners #3 https://www.youtube.com/watch?v=YXFEEr3qHIo Journal Entries / Beginner Tips Accounting For Beginners #4 https://www.youtube.com/watch?v=Yy1DtVND7yo Income Statement / Revenue - Expenses Accounting For Beginners #5 https://www.youtube.com/watch?v=fEtBFB_Nq-o The Balance Sheet / Basic Tutorial Accounting For Beginners #6 https://www.youtube.com/watch?v=XyB3mmzQ_jU Putting an Asset on the Balance Sheet Accounting For Beginners #7 https://www.youtube.com/watch?v=H4udCOiU8i8 Depreciating an Asset / Basics Accounting For Beginners #8 https://www.youtube.com/watch?v=xjXgpnUEgFI Depreciation Expense / Basics Accounting For Beginners #9 https://www.youtube.com/watch?v=QFV6PGIMT5M Accounts Receivable / Basics Accounting For Beginners #10 https://www.youtube.com/watch?v=xQ0u_QocSO4 Accounts Payable / Basics Accounting For Beginners #11 https://www.youtube.com/watch?v=tFA9HD3-7SI Fifo and Lifo Inventory / Basics Accounting For Beginners #12 https://www.youtube.com/watch?v=Z-g1Tnf3oi4 1 Journal Entry With 2 Assets / Basics Accounting For Beginners #13 https://www.youtube.com/watch?v=ds2Y0MxzMBA Accounting Study Guide / Template Accounting For Beginners #14 https://www.youtube.com/watch?v=BU9emeoLKX0 Journal Entry with Cash / Expense Accounting For Beginners #15 https://www.youtube.com/watch?v=kwCtASXQRLU Journal Entry With Cash / Revenue Accounting For Beginners #16 https://www.youtube.com/watch?v=1YrcjlHFBZ0 Debits & Credits / Negative Asset Accounting For Beginners #17 https://www.youtube.com/watch?v=amf1hyptG70&t=25s T-Accounts / Debits and Credits / Accounting 101 Accounting For Beginners #18 https://www.youtube.com/watch?v=18zPzkMbS2c What is a Draw? / Withdraw / Distribution / Dividend / Equity Accounting for Beginners #19 https://www.youtube.com/watch?v=r43j010KT58 Don't Abbreviate / Accounting 101 / Basics Accounting For Beginners #20 https://www.youtube.com/watch?v=yXJVISZA8yU Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses Accounting For Beginners #21 https://www.youtube.com/watch?v=CK9NgJoqJa4 T Account Example / Accounting Tutorial Accounting For Beginners #22 https://www.youtube.com/watch?v=EC93RsvgK9E&t=25s Trial Balance Unadjusted / Accounting Basics Accounting For Beginners #23 https://www.youtube.com/watch?v=-9-LAnE61lw&t=25s Cash in a Bank Account / Checking Account / Basic Accounting Accounting For Beginners #24 https://www.youtube.com/watch?v=aUjVslkn4HI&t=25s Does The Transaction Increase Assets / Accounting Basics Accounting for Beginners #25 https://www.youtube.com/watch?v=zKreBUTJx5E&t=25s Accounts Receivable Example / Accounting 101 / Accounting Basics Accounting For Beginners #26 https://www.youtube.com/watch?v=66YddsOGau0&t=312s Reducing Accounts Receivable / We got Paid / Accounting basics #Accounting #Exercise #CPA #Accounting #Exercise #CPA
Views: 1886181 CPA Strength
What is Double-Entry System | Accounting | MBA in Pills | 4wMBA
 
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As any other language, the accounting system has its own. Indeed, in accounting in order for you to record a transaction you have to use the double-entry system. Double entry means that each single transaction needs to be recorded twice, on the left side if debited and on the right side if credited. Usually, when you think of debit or credit in real life is different compared to debit or credit in accounting. In fact, debit does not mean that you have a debt to be paid back; neither credit means that you have money to receive. Check out our website at www.fourweekmba.com Subscribe to our youtube channel, to stay up to date with our content in the future.
Views: 47894 The Four-Week MBA
Understand Golden Rules of Accounting by a 17 year old Commerce Student
 
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Follow me on Facebook - https://www.facebook.com/Studywithlavish Golden rules of Accounting, personal Account, Real account, Journal entries, Nominal account, commerce, accounts, accounting, B.com, BBA, how to record journal entries, Golden rules of accounting in english, golden rules of accounting with examples, Golden rules of accounting in hindi
Views: 252644 Lavish Gupta
Journal Entry for [24 Transactions] Simple explanations :-by kauserwise
 
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Here is the video about Journal entries for 24 Transactions, with this we discussed 3 Golden Rules, what is Real Account, Personal account and Nominal account, hope this will help you to get the subject knowledge at the end. Thanks and All the best. ▓░─CONTRIBUTION ─░▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 [Every contribution is helpful] Thanks & All the Best!!! ─────────────── To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 1477988 Kauser Wise
Rules of Debit and Credit
 
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In this video, you will learn in depth about accounting of business transactions and learn about how they affect different accounts, and how to apply the rules of debit and credit in different situations.
Views: 825479 Finance Train
Accounting 1: Program #2 - "Basic Accounting Concepts"
 
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Accounting 1 Program #2 Chapter 1 "Basic Accounting Concepts" [email protected]
Views: 764889 JCCCvideo
Accounting 101: Learn Basic Accounting in 7 Minutes!
 
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Welcome to Accounting 101: Learn Basic Accounting in 7 Minutes! This video teaches the basics of bookkeeping and accounting. It includes details about debits and credits, assets, liabilities, sales and expenses. Examples are provided and a quick description of the chart of accounts, profit and loss statements and the balance sheet is also included. Create a bookkeeping spreadsheet using Microsoft Excel http://youtu.be/LlWADbkGdac Support this Channel https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=FHGCUQ8GU9VB6 30 Free Day Trial on KashFlow Accounting Software http://www.kashflow.com/?code=AFF2105084 Free Bookkeeping and Accounting Course https://www.youtube.com/watch?v=IhYJbCAcCKE&feature=c4-overview&list=UUgPrg8qyvKaiED9tvdAIfpQ Learn more at www.freebookkeepingaccounting.com
Views: 233388 BookkeepingMaster
Accounting Principles | Entity | Going Concern Concept | GAAP | LetsTute Accountancy
 
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Check out our new video on Accounting Principles | Entity | Going Concern Concept | GAAP This video explains the need for accounting principles / GAAP & what is the entity and going concern concept with an example. We have attached a PDF where one can get a quick glance of the whole chapter in few minutes. You will understand need and importance of all the accounting principles and conventions. Also, entity concept, going concern concept, money measurement, cost principle, revenue recognition, objective evidence, dual aspect, matching principle, accrual concept, materiality, consistency, conservatism, full disclosure, etc explained in detail. There are objective type questions on accounting principles and conventions. Link:- https://goo.gl/p17wRU You can buy our entire course on Accountancy : Amazon : https://goo.gl/c7Gq3m Udemy : https://bit.ly/2JwpfGJ Subscribe Us For More Updates: Link : https://goo.gl/pH6rtu Website : http://www.letstute.com/ To Get Regular Content Updates- Like Us On Facebook : https://www.facebook.com/letstutepage Follow Us On Twitter : https://twitter.com/letstute Add Us On Google+ for updates on our upcoming Videos https://plus.google.com/+Letstute Email us @ [email protected] WhatsApp your Queries on +91 7506363600 Visit our other channels LetsTute - Math / Sciecne / EVS http://bit.ly/1Q85cNP LetsTute Cbse Math https://goo.gl/kMGY4X LetsTute in Hindi https://www.youtube.com/channel/UCz17OJWV27c5FZKKBlLDXEw? Values to Lead (Value Education) http://bit.ly/1poLX8j
Views: 79275 Letstute Accountancy
How to Make a Journal Entry
 
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This video illustrates how to make a journal entry in the general journal. It was prepared by Professor Anna Boulware at St. Charles Community College
Views: 1435349 am
Basic Accounting Principles
 
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Basic Accounting Principles and Guidelines The following is a list of the ten main accounting principles and guidelines together with a highly condensed explanation of each. 1. Historical Cost Principle From an accountant's point of view, the term "cost" refers to the amount spent (cash or the cash equivalent) when an item was originally obtained, whether that purchase happened last year or thirty years ago. For this reason, the amounts shown on financial statements are referred to as historical cost amounts. Because of this accounting principle asset amounts are not adjusted upward for inflation. In fact, as a general rule, asset amounts are not adjusted to reflect any type of increase in value. Hence, an asset amount does not reflect the amount of money a company would receive if it were to sell the asset at today's market value. (An exception is certain investments in stocks and bonds that are actively traded on a stock exchange.) If you want to know the current value of a company's long-term assets, you will not get this information from a company's financial statements–you need to look elsewhere, perhaps to a third-party appraiser. 2. Revenue Recognition Principle Under the accrual basis of accounting (as opposed to the cash basis of accounting), revenues are recognized as soon as a product has been sold or a service has been performed, regardless of when the money is actually received. Under this basic accounting principle, a company could earn and report $20,000 of revenue in its first month of operation but receive $0 in actual cash in that month. 3. Matching Principle This accounting principle requires companies to use the accrual basis of accounting. The matching principle requires that expenses be matched with revenues. For example, sales commissions expense should be reported in the period when the sales were made (and not reported in the period when the commissions were paid). Wages to employees are reported as an expense in the week when the employees worked and not in the week when the employees are paid. If a company agrees to give its employees 1% of its 2017 revenues as a bonus on January 15, 2018, the company should report the bonus as an expense in 2017 and the amount unpaid at December 31, 2017 as a liability. (The expense is occurring as the sales are occurring.) Because we cannot measure the future economic benefit of things such as advertisements (and thereby we cannot match the ad expense with related future revenues), the accountant charges the ad amount to expense in the period that the ad is run. 4. Materiality Because of this basic accounting principle or guideline, an accountant might be allowed to violate another accounting principle if an amount is insignificant. Professional judgement is needed to decide whether an amount is insignificant or immaterial. An example of an obviously immaterial item is the purchase of a $150 printer by a highly profitable multi-million dollar company. Because the printer will be used for five years, the matching principle directs the accountant to expense the cost over the five-year period. The materiality guideline allows this company to violate the matching principle and to expense the entire cost of $150 in the year it is purchased. The justification is that no one would consider it misleading if $150 is expensed in the first year instead of $30 being expensed in each of the five years that it is used. Because of materiality, financial statements usually show amounts rounded to the nearest dollar, to the nearest thousand, or to the nearest million dollars depending on the size of the company. 5. Conservatism If a situation arises where there are two acceptable alternatives for reporting an item, conservatism directs the accountant to choose the alternative that will result in less net income and/or less asset amount. Conservatism helps the accountant to "break a tie." It does not direct accountants to be conservative. Accountants are expected to be unbiased and objective. 6. Full Disclosure Principle If certain information is important to an investor or lender using the financial statements, that information should be disclosed within the statement or in the notes to the statement. It is because of this basic accounting principle that numerous pages of "footnotes" are often attached to financial statements. As an example, let's say a company is named in a lawsuit that demands a significant amount of money. When the financial statements are prepared it is not clear whether the company will be able to defend itself or whether it might lose the lawsuit. As a result of these conditions and because of the full disclosure principle the lawsuit will be described in the notes to the financial statements. A company usually lists its significant accounting policies as the first note to its financial statements.
Views: 1247 Presentations Buddy
Introduction to accounting [Journal- Ledger & Trial balance] simple method(by kauserwise)
 
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Here is the video about Introduction to accounting. *What is journal and how to pass journal entries. *What is Ledger and how to post ledger. *What is Trial balance and how to do trial balance in accounting everything in simple manner. Hope this will help you to get the subject knowledge at the end. Thanks and All the best. ▓▓░───CONTRIBUTION ─░▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected] ] [Every contribution is encouraging US] Thanks & All the Best!!! ──────────────────── To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research * Statistics Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu For Statistics - https://www.youtube.com/playlist?list=PLabr9RWfBcnoJi5snMQQzDGYmb4ydFpTs
Views: 3155420 Kauser Wise
Basic Accounting Explained: The 5 Elements
 
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== ASK ME A QUESTION == https://www.facebook.com/economista https://twitter.com/Tetracarbon ------------------------- Happy Studies! -Phillip
What Are The Basic Principles Of Accounting?
 
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Accounting concepts, principles and basic terms accounting concepts explained. Companies must file regular basic accounting principleswe have studied economic activities which been converted into business. The fundamental principles of accounting video & lesson what are the basic accounting? Quora. Basic accounting principles and concepts. All of the concepts and standards in gaap can be traced back to underlying accounting principles. Basic accounting principles everybody should knowprinciples or rules of debit and credit. Basic accounting principles and guidelinesmonetary unit assumptioncost principlegoing concern principlerevenue recognition principle 15 may 2017 the best known of these are as follows accrual principlecost principlefull disclosure principlematching rests on a rather small set fundamental assumptions. Understanding the basic principles of accounting dummies. Basic accounting principles and guidelines 5 important of modern 12 basic & procedures i gaap. Thus, every the principles or rules of debit and credit that form basis for double entry system they are as fundamental to accounting addition ( ) subtraction 24 sep 2015 origins gaap generally accepted go all way there ten basic make up these standards building blocks. Accountingcoach accountingcoach accounting principles explanation url? Q webcache. The ten generally accepted accounting principles ( gaap) invensis. People often refer to these fundamentals as generally accepted accounting golden rules of convert complex book keeping into a set well defined following are the basic fundamental principles article discusses financial common is remain listed on many major stock exchanges in u. Golden rules of accounting 3 main principles. Fundamental principles of accounting management study guidebasic nios. Accounting principles, concepts, assumptions, and constraints. Accounting is the language of business. While there is no definitive list of accounting principles, these principles are generally accepted practices accounting, which five basic form the foundation modern 14 aug 2012 learn and procedures according to general gaap an art, but just as with any you need right tools make your masterpiece. In business 3 jan 2012 in this article, you will learn and familiarize yourself with the accounting principles concepts relevant performing basics of definition, principles, objectives, terms & like single double entry bookkeeping, general ledger, journal entries follows a certain framework core which are building blocks more specialized set called gaap basic guidelines has been created for accountants to follow. Accounting principles explanation basic accounting accountingtools. Accounting principles explanation. Googleusercontent search. For accounting, those tools are the seven major basic account adding to quora user's excellent summary detailing assumptions, principles and conventions that used in 3 apr 2014 if you doing business, then need know accounting by heart.
Views: 123 Tell sparky
Basic Accounting Terms | Accounting Terminology | LetsTute Accountancy
 
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This session will help you to understand the basic accounting terminology/ basic accounting terms in a very easy language. This session is useful for anyone who wants to understand the basics of accounting. By watching this session you will be able to understand various basic accounting terms like what is a capital, what is a proprietor, what are fixed assets, what are goods, purchases, sales, creditor, debtor, etc. We have attached a PDF where one can get a quick glance of the whole chapter in few minutes. It will help you to understand what are the different objectives of accounting, it's importance, application, different terms used, etc. Also, there are objective type questions on the same. Link:- https://goo.gl/GP6FS6 You can buy our entire course on Accountancy : Amazon : https://goo.gl/c7Gq3m Udemy : https://bit.ly/2JwpfGJ Subscribe Us For More Updates: Link : https://goo.gl/pH6rtu Website : http://www.letstute.com/ To Get Regular Content Updates- Like Us On Facebook : https://www.facebook.com/letstutepage Follow Us On Twitter : https://twitter.com/letstute Add Us On Google+ for updates on our upcoming Videos https://plus.google.com/+Letstute Email us @ [email protected] WhatsApp your Queries on +91 7506363600 Visit our other channels LetsTute - Math / Sciecne / EVS http://bit.ly/1Q85cNP LetsTute Cbse Math https://goo.gl/kMGY4X LetsTute in Hindi https://www.youtube.com/channel/UCz17OJWV27c5FZKKBlLDXEw? Values to Lead (Value Education) http://bit.ly/1poLX8j
Views: 88085 Letstute Accountancy
Accounting Concepts | Dr. Shuchi Singhal
 
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An EMPC VMOU Production Dr. Shuchi Singhal Associate Professor ISIM Jaipur Rajasthan
Views: 65369 vmouonline
Golden Rules of Accounting - 3 Main Principles
 
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Golden Rules of Accounting - 3 Main Principles
Views: 118 Prakash Paudel
Basic Accounting Tutorial in Hindi - हिंदी में सीखें Accounting Golden Rules
 
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Lean Basic Accounting in Hindi - हिंदी में सीखें Accounting, Accounting Golden Rules with Examples. ................. Subscribe our Channel, It's FREE: https://www.youtube.com/user/7starmedia?sub_confirmation=1 ------------------------------ Download Basic Accounting App (Debit Credit knowledge in Hindi): https://play.google.com/store/apps/details?id=com.basic.accounting --------Ye v jarur dekho, Others Parts in Hindi-------- Basic Accounting Part-2 (Questions and Answers with Ledger Name, Voucher Types and Entries) https://youtu.be/OgLP0SyB1vk ........ Basic Accounting Part-3 (Account Payable and Account Receivable): " Search on YouTube: 7 star media basic accounting part 3" ............. Download amazing All in One Services App Link: https://play.google.com/store/apps/details?id=com.govtdigital ------- What we covered in this App. Types of Accounts Ledger Names and Groups Use of Voucher Types Payment, Contra etc. with example Problems and its solutions Accounting Video Tutorials in Hindi --- #7StarMedia #Accounting
Views: 500160 7 Star Media
Branches of Accounting -  Accounting Basics - A Complete Study
 
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"Install our android app CARAJACLASSES to view lectures direct in your mobile - https://bit.ly/2S1oPM6 " Join my Whatsapp Broadcast / Group to receive daily lectures on similar topics through this Whatsapp direct link https://wa.me/917736022001 by simply messaging YOUTUBE LECTURES Did you liked this video lecture? Then please check out the complete course related to this lecture, ACCOUNTING BASICS A COMPLETE STUDY with 300+ Lectures, 28+ hours content available at discounted price (10% off)with life time validity and certificate of completion. Enrollment Link For Students Outside India: https://bit.ly/2wgezFU Enrollment Link For Students From India: https://www.instamojo.com/caraja/accounting-basics-a-complete-study/?discount=inytabas9 Our website link : https://www.carajaclasses.com ---------------------------------------------------------------------------------------------------------------- Welcome to one of the comprehensive ever course on Accounting Basics. This course starts from “What is Accounting”, “Need for Accounting” to various Practical aspects in Accounting. Enjoy lectures for each and every concept in accounting presented in digital hand written format followed by Solved Case Studies Video. New videos are being added at frequent intervals and this course will be the longest one in Accounting soon. ---------------------------------------------------------------------------------------------------------------- Welcome to Accounting Basics - A Complete Study Course! This is one of the comprehensive course in Fundamentals of Accounting covering theory as well as practice. In this course, you will learn Fundamentals of Accounting, step by step covering the following: Section 1: a) Introduction to Accounting; b) Book Keeping; c) Accounting – Objectives and Process; d) Accounting Cycle; e) Accountancy, Accounting and Book Keeping; f) Users of Accounting Information; g) Branches of Accounting; h) Basic Accounting Terms; i) Basic Assumptions in Accounting; j) Basic Concepts in Accounting; k) Modifying Principles of Accounting; l) Accounting Standards; Section 2: m) Double Entry System in Accounting; n) Accounting Equation; o) Golden Rules of Accounting; Section 3: p) Source Documents; q) Cash Memo; r) Invoice; s) Receipt; t) Debit Note; u) Credit Note; v) Pay in Slip; w) Cheque; x) Vouchers; Section 4: y) Books of Original Entry; z) Journal and Format aa) Steps in Journalising; bb) Journal Illustrations; cc) Compound Journal Entry; Section 5: dd) Ledger; ee) Utility of Ledger; ff) Format of Ledger; gg) Posting; hh) Procedure for Posting; ii) Posting of Compound Journal Entry; jj) Posting the Opening Entry; kk) Balancing an Account; ll) Significance of Balancing; mm) Balancing of Different Accounts; nn) Procedure for Balancing; Section 6 - covering Trial Balance and Final Accounts. This course is structured in self paced learning style. Video lectures are used for delivering the course content. Take this course to create strong foundation in fundamentals of accountancy. • Category: Business What's in the Course? 1. Over 206 lectures and 20 hours of content! 2. Understand need and importance of Accounting 3. Understand Book Keeping, Objectives and Advantages 4. Understand Accounting Process, Accounting Cycle, 5. Understand Users of Accounting Information 6. Understand Branches of Accounting 7. Understand Basic Accounting Terms 8. Understand Accounting Assumptions, Concepts and Principles 9. Understand Rules of Accounting 10. Understand Journal, Ledger, Trial Balance and Final Accounts Preparation Course Requirements: 1. No basic knowledge is required 2. Students can approach this course with fresh mind Who Should Attend? 1. Any one interested in Learning Accountancy 2. Accounting / Finance / Science Students 3. Entrepreneurs
Views: 15964 CARAJACLASSES
Accounting principles in 10 minutes
 
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In this video i mentioned the basic accounting principles and how post entries from journal to ledgers using excel Its a best method to understand the accounting standards. This video is designed with experience in manual and computerised accounts accountancy chartered accountant accountant jobs accountant accounting standards accounts jobs management accounting accountant job accounting jobs accounting job accounting online account job accounting services accounting courses what is accounting financial accounting accounting course account jobs accounting outsourcing chartered accountant courses accounting software chartered accountant jobs accounts acca course accounts job part time accounting jobs from home chartered accountants accountancy books forensic accounting finance courses accounts software account software learn accounting accounting books accounting principles accounting basics chartered accountancy course chartered accountancy definition of accountancy accounts job in kolkata chartered accountant course part time accountant create hotmail email account accountancy age jobs in accounts what is accountancy accountant recruitment accountancy course institute of chartered accountants institute of chartered accountants of india accountant courses online accounting jobs accounting and finance accounts courses accounting concepts business accounting assistant accountant jobs finance jobs junior accountant jobs jobs in accounting accounts jobs in mumbai jobs in accountant accountants company accounts accounting training accounts interview questions accounting jobs in mumbai certified public accountant accounting questions I created this video with the YouTube Video Editor (http://www.youtube.com/editor)
Views: 1932 tally video tutorial
Costing : Basic Cost Concepts : Chapter 1 : Lecture 1 : CA : CS : CMA
 
01:05:02
To Buy DVDs / Pen Drive contact at : @ Delhi : 011-45695551 @ Gorakhpur : 0551-6050551 @ Mobile : +91-9889004575. @ mail id : [email protected] @ website : www.badlaniclasses.online
Views: 379200 CA dilip badlani
Basic Business Principles
 
10:04
http://learnfromjon.com If you've ever wondered just what it takes to succeed online, this video reveals the secret formula that EVERY successful marketer follows - online and offline. And the formula is only three steps long!
Views: 84412 Prosperative LLC
US GAAP vs. IFRS on the Financial Statements
 
21:58
You'll learn the key differences between US GAAP and IFRS on the 3 main financial statements (Income Statement, Balance Sheet, and Cash Flow Statement). By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" You'll also learn how to adjust an international company's financial statements to make it easier to model and project over time. Table of Contents: 1:46 Why US GAAP vs. IFRS Matters 5:28 Income Statement Terminology Differences 7:34 Balance Sheet Differences 14:09 How to Adjust the Financial Statements for an IFRS Company 20:02 Recap and Summary Income Statement: The Income Statement is very similar regardless of the accounting system. Some items have different names (e.g., Revenue is often called Turnover and Net Income is often called Profit), but that's about it. Balance Sheet: There are more differences on the Balance Sheet - items are often arranged in a different order (sometimes Long-Term Assets are listed first, then Current Assets, then Equity, then Long-Term Liabilities and Current Liabilities at the end). The Balance Sheet itself is usually called the "Statement of Financial Position." Also, items within the Equity section often have different names: Common Stock is called "Share Capital" or "Issued Capital." Additional Paid-In Capital is often called the "Share Premium." Retained Earnings and Treasury Stock tend to have similar names. IFRS-based companies also have many "Reserve" categories for items such as FX translation differences and unrealized gains and losses. For US-based companies, these items show up within Accumulated Other Comprehensive Income (AOIC) rather than being split out into separate "Reserve" categories. But the FUNCTIONALITY of the Balance Sheet is still very similar (items still flow in and change the same way), even if items have different names or are grouped differently. Cash Flow Statement There are more differences on the Cash Flow Statement, because most US-based companies use the INDIRECT method and most international companies use the DIRECT method. The Indirect Method starts with Net Income, makes non-cash adjustments, and lists the changes in Working Capital in the Cash Flow from Operations section. The Direct Method simply lists the cash received from customers and cash paid to suppliers and employees, along with income taxes and interest and other expenses, and so you don't see the full details behind the non-cash adjustments and working capital spending. When this happens, it is much, much harder to link the financial statements because changes in items such as Accounts Receivable and Accounts Payable won't flow into anything on the Cash Flow Statement. So we recommend ADJUSTING the financial statements as follows: First, find a reconciliation between this Cash Flow Statement and the company's operating income and/or net income. Then, make the Cash Flow Statement start with Net Income instead, as it normally does, and include all the line items from this reconciliation (non-cash adjustments, Working Capital changes, etc.). And if there are still remaining differences between items such as income taxes and interest expense on the Income Statement vs. Cash Flow Statement, make adjusting entries on the CFS that indicate the true cash amount that a company paid for those. Further Resources http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-GAAP-vs-IFRS.xlsx Examples of Financial Statements for US-Based Companies: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-Chuck-E-Cheese.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-US-Jazz-Pharmaceuticals.pdf Examples of Financial Statements for International Companies: http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Australia-Telstra.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Brazil-Ambev.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-China-TenCent.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-France-Vivendi.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-India-Infosys.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Japan-Suntory.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Korea-Samsung.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Mexico-FEMSA.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Russia-Rostelecom.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Saudi-Arabia-Saudi-Telecom.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-Singapore-SG-Airlines.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-South-Africa-PPC.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-UAE-DP-World.pdf http://youtube-breakingintowallstreet-com.s3.amazonaws.com/105-09-UK-Easyjet.pdf
How To Do A Balance Sheet
 
05:37
http://www.accounting101.org/how-to-do-a-balance-sheet How to do a balance sheet: a balance sheet is a financial document that shows the assets, liabilities, and owners' equity of a company at a given point in time. It's different from the income statement in that it is a snapshot on any given day, whereas the income statement spans a time period. Most companies prepare their balance sheets quarterly and yearly. How To Do A Balance Sheet To put together a balance sheet, you'll obviously need all of the financial data from your different trial balances. In reality, the information for a balance sheet starts with the individual transactions, but the purpose of this article is just to show you how to organize a balance sheet. First of all, there are two sides to the balance sheet: the right and left side. On the left side, you'll have your assets. On the right side, you'll have two sections: liabilities and owners' equity. The left and right side will always be equal, and the main balance sheet equation is: Assets = Liabilities + Owners' Equity This makes sense because the Assets are on the left side, and it will always equal what is on the right side, which is the Liabilities and Owners' Equity accounts added together.
Views: 831410 SuperfastCPA
1. Introduction, Financial Terms and Concepts
 
01:00:30
MIT 18.S096 Topics in Mathematics with Applications in Finance, Fall 2013 View the complete course: http://ocw.mit.edu/18-S096F13 Instructor: Peter Kempthorne, Choongbum Lee, Vasily Strela, Jake Xia In the first lecture of this course, the instructors introduce key terms and concepts related to financial products, markets, and quantitative analysis. License: Creative Commons BY-NC-SA More information at http://ocw.mit.edu/terms More courses at http://ocw.mit.edu
Views: 686638 MIT OpenCourseWare
Basic Accounting Terms lecture 1 for class 11  by SANTOSH KUMAR(CA/CMA)
 
01:25:56
This is only a demo class. classes are available for CA/CMA/CS/B.COM( All universities), 11th, 12th. Classes are available in Returnable Pen drive mode. for any query, please contact us on 8448322142
Views: 253875 santosh kumar
Accounting Principles - CPA FAR Review
 
02:21
Accounting Principles 1. Measurement Attributes __ # historical cost: the market value of the item on the date of acquisition; this value is not changed even though market value changes. __ # net realizable value: the approximate liquidation value or selling price of the item. __ # current replacement cost: the current replacement cost of the item from the buyer's perspective. __ # fair value: current market value of the item, in an orderly transaction. __ # amortized cost: the historical cost less the accumulated amortization or depreciation of the item. __ # net present value: the value determined from discounting the expected future cash flows of the item. 2. Revenue Recognition Principle __ # Revenue: increases in assets or the extinguishment of liabilities from the main activities of the firm. __ # Recognition: when the entity completes its performance obligation to a customer and the revenue is earned and realized. __ # Measurement: revenues are measured at the cash equivalent amount of the good or service provided 3. Expense Recognition Principle __ # The matching principle: expenses are recognized only when expenditures help to produce revenues; revenues match expenses 4. Full Disclosure Principle __ # Financial statements should present all information needed by an informed reader to make an economic decision. __________________________________________________________________________________________________ From Accounting Conception Summary The FASB's Statements of Financial Accounting Concepts 1. Objective of financial reporting __ a) to provide information to enhance investors' and creditors' understanding about the entity 2. Qualitative characteristics of accounting information __ a) Primary qualitative characteristics ____ i.Relevance ______ # Predictive value ______ # Confirmatory value ______ # Materiality ____ ii. Faithful representation ______ # Completeness ______ # Neutrality ______ # Free from error __ b) Enhancing qualitative characteristics ______ + Comparability ______ + Verifiability ______ + Timeliness ______ + Understandability 3. Accounting assumptions __ a) Entity Assumption __ b) Going Concern Assumption __ c) Unit-of-Measure Assumption __ d) Time Period Assumption 4. Basic accounting principles __ a) Concepts of Measurement __ b) Revenue Recognition Principle __ c) Expense Recognition Principle __ d) Full Disclosure Principle 5. Cost constraint the cost of providing the information should not exceeds its benefit
Views: 1148 Faithful Runner
Accounting for beginners #8 /  Depreciation Expense / Basics
 
05:51
https://www.youtube.com/playlist?list=PLT-zZCow6v8t5_2RQDnAOQHfQiBYDw26z BEST ACCOUNTING PLAYLIST ON YOUTUBE !!!!!!!! I go over the Calculating Depreciation Expense, using Straight Line Depreciation technique, in this Basic Accounting Tutorial for Beginners. The easiest way to keeps debits and credits, and Assets = Liabilities + Equity ( Accounting Equation) straight. This is how i passed the CPA Exam to become a licensed CPA in the State of Florida. You can use the information in the video on your first day of Accounting class all the way tho being a CPA. Debits, Credits, Assets, Draw, Expenses, Liabilities, Equity, Revenue. This video has a very basic example and can be used in the most advanced situations. Learn Debits and Credits and the basic accounting equation which is assets = liabilities + equity. This will also help with the income statement which is Revenues - Expenses. I hope you enjoy the video. In this video i go over journal entries. Get your tips here in this accounting for beginners video. There is also information on the balance sheet here in this video. I also go over Accounts Receivable, Accounts Payable, Depreciation, Accumulated Depreciation, Putting Assets on the books, Fifo and Lifo Inventory Valuation, and so much more in this series for beginners. Accounting For Beginners #1 https://www.youtube.com/watch?v=_pTU4gwmcMs Debits and Credits / Assets = Liabilities + Equity Accounting For Beginners #2 https://www.youtube.com/watch?v=0--jJn6zqfg Basics / Accounting Equation Accounting For Beginners #3 https://www.youtube.com/watch?v=YXFEEr3qHIo Journal Entries / Beginner Tips Accounting For Beginners #4 https://www.youtube.com/watch?v=Yy1DtVND7yo Income Statement / Revenue - Expenses Accounting For Beginners #5 https://www.youtube.com/watch?v=fEtBFB_Nq-o The Balance Sheet / Basic Tutorial Accounting For Beginners #6 https://www.youtube.com/watch?v=XyB3mmzQ_jU Putting an Asset on the Balance Sheet Accounting For Beginners #7 https://www.youtube.com/watch?v=H4udCOiU8i8 Depreciating an Asset / Basics Accounting For Beginners #8 https://www.youtube.com/watch?v=xjXgpnUEgFI Depreciation Expense / Basics Accounting For Beginners #9 https://www.youtube.com/watch?v=QFV6PGIMT5M Accounts Receivable / Basics Accounting For Beginners #10 https://www.youtube.com/watch?v=xQ0u_QocSO4 Accounts Payable / Basics Accounting For Beginners #11 https://www.youtube.com/watch?v=tFA9HD3-7SI Fifo and Lifo Inventory / Basics Accounting For Beginners #12 https://www.youtube.com/watch?v=Z-g1Tnf3oi4 1 Journal Entry With 2 Assets / Basics Accounting For Beginners #13 https://www.youtube.com/watch?v=ds2Y0MxzMBA Accounting Study Guide / Template Accounting For Beginners #14 https://www.youtube.com/watch?v=BU9emeoLKX0 Journal Entry with Cash / Expense Accounting For Beginners #15 https://www.youtube.com/watch?v=kwCtASXQRLU Journal Entry With Cash / Revenue Accounting For Beginners #16 https://www.youtube.com/watch?v=1YrcjlHFBZ0 Debits & Credits / Negative Asset Accounting For Beginners #17 https://www.youtube.com/watch?v=amf1hyptG70&t=25s T-Accounts / Debits and Credits / Accounting 101 Accounting For Beginners #18 https://www.youtube.com/watch?v=18zPzkMbS2c What is a Draw? / Withdraw / Distribution / Dividend / Equity Accounting for Beginners #19 https://www.youtube.com/watch?v=r43j010KT58 Don't Abbreviate / Accounting 101 / Basics Accounting For Beginners #20 https://www.youtube.com/watch?v=yXJVISZA8yU Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses Accounting For Beginners #21 https://www.youtube.com/watch?v=CK9NgJoqJa4 T Account Example / Accounting Tutorial Accounting For Beginners #22 https://www.youtube.com/watch?v=EC93RsvgK9E&t=25s Trial Balance Unadjusted / Accounting Basics Accounting For Beginners #23 https://www.youtube.com/watch?v=-9-LAnE61lw&t=25s Cash in a Bank Account / Checking Account / Basic Accounting Accounting For Beginners #24 https://www.youtube.com/watch?v=aUjVslkn4HI&t=25s Does The Transaction Increase Assets / Accounting Basics Accounting for Beginners #25 https://www.youtube.com/watch?v=zKreBUTJx5E&t=25s Accounts Receivable Example / Accounting 101 / Accounting Basics Accounting For Beginners #26 https://www.youtube.com/watch?v=66YddsOGau0&t=312s Reducing Accounts Receivable / We got Paid / Accounting basics #Accounting #Exercise #CPA #Accounting #Exercise #CPA
Views: 112197 CPA Strength
Financial Accounting Chapter 1 Lecture - Part 1
 
45:48
Financial Accounting Chapter 1 Lecture - Part 1
Views: 161791 MsNshoe
International Accounting Standards Board (IASB)
 
07:45
This video discusses the structure and role of the International Accounting Standards Board (IASB). The IASB, which is based in London, was formed in 2001 to create a single set of global accounting standards. The IASB periodically issues International Financial Reporting Standards which have been adopted as Generally Accepted Accounting Principles (GAAP) by more than one hundred countries. IASB board members are selected by IFRS Foundation Trustees. The IASB is supported by the IFRS Advisory Council and the IFRS Interpretations Committee. The advisory council provides guidance to the IASB and the Interpretations Committee aims to reduce divergent accounting practices by clarifying the appropriate accounting treatment with the existing IFRS. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like Edspira on Facebook, visit https://www.facebook.com/Edspira To sign up for the newsletter, visit http://Edspira.com/register-for-newsletter Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin To follow Michael on Facebook, visit https://www.facebook.com/Prof.Michael.McLaughlin
Views: 12038 Edspira
What is the main reason standard accounting principles are not useful? By Baruch Lev,
 
01:56
Baruch Lev is the Philip Bardes Professor of Accounting and Finance at New York University Stern School of Business. Professor Lev has been with NYU for 17 years. His primary research areas of interest include corporate governance; earnings management; financial accounting; financial statement analysis; intangible assets/intellectual capital; capital markets; and mergers and acquisitions. Professor Lev is the author of sex books, including the most recent: The End of Accounting, published in 2016. Professor Lev has received numerous awards and prizes, including two honorary doctorates. #DESCRIPTION Baruch Lev backs up his premise that today’s financial accounting principles are out of date and not useful in analyzing a company’s financial health. He goes through the reasons why he believes company financial reporting should be changed including the fact that current accounting practices are still based on tangible assets rather than intangible assets such as patents or brands. Levy explains why financial reporting used today completely misses out on much of the true value of a company. Subscribe for more SarderTV: http://bit.ly/1osk5yg Follow our Official Twitter: http://bit.ly/1tIwTzK Check out exclusive SarderTV content: Web - http://bit.ly/1xpv37D Facebook - http://on.fb.me/1EbljQi #ABOUT SARDERTV SarderTV is an independent, educational media company, focusing on the subjects that fascinate, inspire and teach executives. Because the relationship between success and learning is parallel, SarderTV provides exclusive interviews with the authors, leaders, and taste makers currently affecting industry. Led by Russell Sarder and a team of dynamic and creative programming and content creators, experienced leadership and seasoned advisors, SarderTV launched in 2012. SarderTV is an exciting, forward thinking media company focused on the promotion of learning.
Views: 3 Russell Sarder
Computer Accounting :  Basic techniques to operate  Accounting  Software's
 
01:35:32
Introduction of Computerised Accounts : Learn basic techniques how to operate any Accounting Software's of the world. Learn Complete theory of computer accounts. If you want to learn tally or any other accounting software this class will be very helpful to understand the basic theory of computer accounting softwares. This video is created by City Commerce Academy. Lecture by Prof. Amar Jeet Singh
Tally Erp 9 Complete Basic Accounting Class with Example (HINDI)-Day 1|Journal Entries example Tally
 
22:20
Learn Tally ERP 9 Basic Accounting Entries Concepts Such as What is Debit & Credit, Accounting Rules, Ledger Classification, Types of Accounts Personal Account, Real Account, Nominal Account and Basic Entries with Practices Exercises for You, this is a Full Hindi tutorial with practical Approach to Learn Tally Accounting Concepts. It is a Basic Introduction or prerequisite education to Learn Tally Erp 9.it is Tally Erp 9 Complete Basic Accounting Class with Example. To learn Tally ERP 9 Course we explain learn basic accounting in tally. if you want to learn tally with gst then it is your first learn basic accounting class to start tally with gst. 👉Watch All Day by Day Videos's Day-2 INTRODUCTION to TALLY ERP 9 https://www.youtube.com/watch?v=XCszfm-6nBY&t=1s 👉GST Accounting Entries in Tally Day by Day – https://www.youtube.com/playlist?list=PLlDtUyWdJwXWXAGj_W0peoAfenOKHeCYN 👉Day-3 Company Creation, Alteration, Tally Password https://www.youtube.com/watch?v=pqLoH8ObJ_M 👉Day-4 Concept of Groups in Tally https://www.youtube.com/watch?v=6wi9BGM4iLA 👉Day-5 How to Create Ledgers- https://www.youtube.com/watch?v=Cb6QLeXs_OU 👉Day-6 Voucher Entry -Contra, Payment, Receipt, Journal, Sales, Purchase Voucher https://www.youtube.com/watch?v=tGX9iZSWu9I 👉Day 7- Watch All Bank Transaction Entries in Tally- https://www.youtube.com/watch?v=QV1M0ALJPOA 👉Day 8- Discount Related Entries in Tally | Cash or Trade Discount | All About Discount Tally https://www.youtube.com/watch?v=AfMlAyxw3j8&index=8&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv&t=25s 👉Day-9- Basic Adjustment Entries|Journal Voucher Entries https://www.youtube.com/watch?v=IYBoqln8uK4&index=9&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv&t=25s 👉DAY-10- Common Tally Problems Dr/ Cr Mode|Single Payment Modehttps://www.youtube.com/watch?v=43azz8FC89A&index=10&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv 👉Download Practices Entries form our blog: http://cpitudaipur.blogspot.in/ 👉Watch Tally Shortcut and Tricks: https://www.youtube.com/watch?v=s2vcoM6kF8M&t=25s 👉Watch how to Run Tally in Pen Drive: https://www.youtube.com/watch?v=48yH5o4ytLA 👉Watch Tally Calculator Tricks: https://www.youtube.com/watch?v=wdTXMZIfdh4 👉Visit Our Website: https://cpitudaipur.com 👉Visit Our Facebook Page: http://facebook.com/cpitudr 👉Please Subscribe to Our Channel https://www.youtube.com/channel/UCSMsxXvvi-7XvygtsMWRBOg
Commerce Tutorial | Understand the Accounting Basics and Concepts
 
17:26
1500+ Learning Videos are available at http://www.youtube.com/ikenedu Accounting is very interesting topic but this is a little complex too but don't worry we have created this video to simplify the accounting studies. In this video, you can learn about liabilities, Money measurement concept, business entity concept, cost calculation and many more basic things related to accounting.
Views: 108138 Iken Edu
Accounting basics & Journal entries - Accounting Class 11 - By CA. Pardeep Jha
 
01:13:27
Accounting basics & Journal entries by CA. Pardeep Jha, for XIth C.B.S.E. | Journal Class 11 | You can See all the available video from This Playlist - https://www.youtube.com/watch?v=2r1eShL3voU&list=PLw1kQNmmny4E5tjBd47NpvybWOjEAL6yK To Download Assignment Please visit download section of - www.winningquest.com For questions and Queries you can join us Facebook and whatsapp- You can Join our Facebook page - You can Join our Facebook Group at - https://www.facebook.com/groups/winningquest You can Join our Whatsapp Group at - https://chat.whatsapp.com/9ZpYBDlevBX2XuI0h88pJn This Lecture Include - 1. How to identify and journalise business Transaction 2. What is Account. 3. How to pass Entries in the books of account. 4. Rules of Debit and Credit 5. Golden Rule of Accounting 6. How to use Golden rule of Accounting to pass journal Entries 7. What is entity concept 8. What is Assets 9. What is Liability 10. What is Capital 11. How we record transactions in the books of business 12. Business is different from its owners You can Ask your Queries here or on our Facebook Page www.facebook.com/winningquest #Accountancy #JournalEntries #MoreViews #Winningquest #LearnAccountancy #EasyAccountancy
Views: 1312389 Winning Quest
Accounting for Beginners | What is Debit & Credit ? Difference Between Debit and Credit | #1
 
13:22
Accounting for Beginners | What is Debit & Credit ? Difference Between Debit and Credit | Debit and Credit are two most common words in finance and accounting In double entry book system, every debit must have a corresponding credit entry. A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry. A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is positioned to the right in an accounting entry. Whenever an accounting transaction is created, at least two accounts are always impacted, with a debit entry being recorded against one account and a credit entry being recorded against the other account. There is no upper limit to the number of accounts involved in a transaction - but the minimum is no less than two accounts. The totals of the debits and credits for any transaction must always equal each other, so that an accounting transaction is always said to be "in balance." If a transaction were not in balance, then it would not be possible to create financial statements. Thus, the use of debits and credits in a two-column transaction recording format is the most essential of all controls over accounting accuracy. There can be considerable confusion about the inherent meaning of a debit or a credit. For example, if you debit a cash account, then this means that the amount of cash on hand increases. However, if you debit an accounts payable account, this means that the amount of accounts payable liability decreases. These differences arise because debits and credits have different impacts across several broad types of accounts, which are: Asset accounts. A debit increases the balance and a credit decreases the balance. Liability accounts. A debit decreases the balance and a credit increases the balance. Facebook : https://www.facebook.com/charteredwisdom/ Email : [email protected]
Views: 157545 Chartered Wisdom
Learn Accounting in 1 HOUR Lesson 2: Journal Entries
 
20:53
In this lesson, we cover a lot of accounting practices and principles including: accrual accounting, depreciation, accrued liabilities, contra accounts, revenue recognition, capital transaction etc. Learn more and become student at EF University for FREE - http://executivefinance.teachable.com/ Like us Facebook- https://www.facebook.com/exfinance/ Linkedin- https://www.linkedin.com/company/executive-finance Twitter- https://twitter.com/exfinance
Views: 246527 Executive Finance
Salary Advance Adjustment Entry, Accounting principles, salary entry
 
07:11
How to adjust salary advance, Salary entry posting, How to post salary advance entry in tally, accounting procedure, accounting principles, Salary advance adjustment entry against salary, Salary entry posting in tally, Tally ERP 9 material
Views: 133709 Wisdom Tally
TRICK to solve BRS(Bank Reconciliation Statement) IN HINDI By JOLLY Coaching
 
28:12
Hello friends , In this video i about solving questions based on Bank reconciliation statement, I am going to tell you the easiest way to solve this questions. So for clear understanding watch this video which may help you to get the detailed understanding of this topic, After watching this video on BRS(BANK RECONCILIATION STATEMENT) you can get your answer to the following questions: In this video we discussed and derived an Introduction to BRS (Bank Reconciliation Statement) with solved problem, and I have uploaded the another video for BRS in 4 different methods with solved problems, hope you will get enough knowledge from these videos. How to solve BRS BANK RECONCILIATION STATEMENT TRICK TO SOLVE BANK RECONCILIATION STATEMENT. QUICK AND EASY WAY TO SOLVE BANK RECONCILIATION STATEMENT. BANK RECONCILIATION STATEMENT IN HINDI. QUESTIONS ON BANK RECONCILIATION STATEMENT. bank reconciliation statement cpt. Thanks. JOLLY Coaching. Bank reconciliation statement Bank reconciliation statement in Hindi Bank reconciliation statement for 11th class 11th class Bank reconciliation statement Bank reconciliation statement in Hindi for 11th class Class 11 abank reconciliation statement Bank statement in Hindi Bank reconciliation statement in accounting How to prepare bank reconciliation statement How to prepare bank reconciliation statement in Hindi Bank reconciliation statement for 11 the class accounting 11 the class accounting bank reconciliation statement Brs for 11th class 11tj class Brs BRS in Hindi In Hindi BRS BANK RECONCILIATION STATEMENT IN HINDI Steps to prepare bank reconciliation statement Steps to prepare bank reconciliation statement in Hindi Bank reconciliation statement in Urdu Balance as per pass book Balance as per bank book Balance as per cash book Negative balance as per pass book Debit balance as per pass book Outstanding balance as per pass book Negative balance as per cash book Negative balance as per cash book in Hindi Credit balance as per pass book Outstanding balance as per cash book Preparing bank reconciliation statement Preparing bank reconciliation statement in Hindi How to prepare bank reconciliation statement Easy way to solve bank reconciliation statement questions Question of bank reconciliation statement Simple method to solve bank reconciliation statement Simple method to prepare bank reconciliation statement Simple method to prepare bank reconciliation statement in Hindi Bank reconciliation statement in Hindi Bank reconciliation statement by kauser wise Bank reconciliation statement by kauaerwise Bank reconciliation statement by gagan Kapoor Bank reconciliation statement by Santosh Bank reconciliation statement by jolly Bank reconciliation statement by jolly coaching
Views: 347471 JOLLY Coaching
JAIIB Live Session Principles and practices of banking Important Questions Part 2 in Hindi 🔥🔥🔥🔥
 
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Principles and practices of banking important Questions, previous year questions, memory recalled questions and important concepts of jaiib all explained very well. GET 3000+ JAIIB PREVIOUS YEAR QUESTIONS, Study Notes, Videos https://goo.gl/M8zMrV ------------------------------------------------------------- GET 4000+ CAIIB PREVIOUS YEAR QUESTIONS, Study Notes, Videos https://goo.gl/QGq6Sc JAIIB Mock Tests and exams covers all 3 modules of JAIIB -Principles and Practices of Banking -Accounting and Finance for Bankers -Legal and Regulatory Aspects of Banking JAIIB Notes and Question Papers covers almost each and every topic and also the questions cover glimpse of all topics and modules. The topics are covered module wise and you can also prepare for the examination using free test papers. The test papers are updated on weekly basis. Present Value of bond calculation in Hindi https://www.youtube.com/watch?v=WNLFzZxJhs0 NOSTRO ACCOUNTS https://www.youtube.com/watch?v=cNESYz3lc6Y Vostro Accounts https://www.youtube.com/watch?v=1hIjjnxtKmw How to Calculate EMI [VIDEO in हिंदी ] https://www.youtube.com/watch?v=KwIDmbT2Tts Internal Rate of Return: https://www.youtube.com/watch?v=cgcY0vsINtE Yield to Maturity: https://www.youtube.com/watch?v=KL7Jn99RIKI Letter of Credit: https://www.youtube.com/watch?v=kZG7KVz6ADA ___________________________________________________ Important Question Principles & Practices of banking ___________________________________________________ Part 1: https://www.youtube.com/watch?v=4AnaI4QCtrM Part 2: https://www.youtube.com/watch?v=5p9BMivJyyg Legal Banking Questions: https://www.youtube.com/watch?v=_7N3nBm7E8M Basel 1 Basel 2 Basel 3: https://www.youtube.com/watch?v=x_sOTObwx7g SARFAESI ACT 2002: https://www.youtube.com/watch?v=NFP--aVBrN8 Joint Liability Group: https://www.youtube.com/watch?v=EwHr4kbYtb4 Self Help Group: https://www.youtube.com/watch?v=Aw2E4wGC6XY Hypothecation: https://www.youtube.com/watch?v=LfyMNVKBttY Pledge: https://www.youtube.com/watch?v=SeOj8iSo1-E Banking Ombudsman https://www.youtube.com/watch?v=yk_qkutLzXY Internal rate of return https://www.youtube.com/watch?v=cgcY0vsINtE Protection to paying banker https://www.youtube.com/watch?v=T5E41Xd9rbs Letter of Credit and Its Types https://www.youtube.com/watch?v=kZG7KVz6ADA Legal and Regulatory Aspects of banking Imp Ques: https://www.youtube.com/watch?v=yHrxOa8W31A Accounting and finance imp Numerical: https://www.youtube.com/watch?v=oYDWCpmGJfw Banking Regulation Act 1949 Important Sections https://www.youtube.com/watch?v=5-acwfsYTAw Accounting and finance definitions and important concepts https://www.youtube.com/watch?v=9ZEtvgYVyPQ -~-~~-~~~-~~-~- Please watch: "Protection to Collecting Banker NI Act Legal and Regulatory Aspects of Banking JAIIB" https://www.youtube.com/watch?v=V-hiw3njkak -~-~~-~~~-~~-~-
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IAS 12-Deferred Tax Basic Principles ( IFRS )
 
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Get more free videos to help you pass FAC3701? Visit https://goo.gl/izdfN3 for more info. HOW DOES TABALDI HELP YOU PASS FAC3701? Tabaldi helps students pass their FAC3701 exams with affordable, easy-to-understand, bite-sized video lectures and downloadable resources. Our online classroom which is open 24/7 as well as top quality lecturer support will help you make the most of your exams. FREE DEMO COURSES FOR UNISA FAC3701 We offer free DEMO courses that are jam-packed with enormous value. When you register, you will receive free access to the first study unit of each of our accounting and auditing courses. The following is included: • World-class study-aids • Free lecture videos • Free downloadable content • Free access to our online classroom
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