This chapter introduces basic accounting concepts and conventions that students should understand by the end, including accounting principles and how to state and explain them. It covers learning objectives for the chapter and provides an introduction to the topic before diving into explanations of basic accounting concepts over several sections.

1. ACC106
Chapter 2
Introduction to Concepts and
Conventions of Accounting

2. Learning objectives
At the end of this chapter, you should be able
to:
 State and explain various accounting principles
or concepts

3. Introduction

4. BASIC ACCOUNTING
CONCEPTS

5. BASIC ACCOUNTING CONCEPTS
(cont’d)

6. BASIC ACCOUNTING CONCEPTS
(cont’d)

7. BASIC ACCOUNTING CONCEPTS
(cont’d)

8. BASIC ACCOUNTING CONCEPTS
(cont’d)

9. BASIC ACCOUNTING CONCEPTS
(cont’d)

10. BASIC ACCOUNTING CONCEPTS
(cont’d)

11. BASIC ACCOUNTING CONCEPTS
(cont’d)

12. BASIC ACCOUNTING CONCEPTS
(cont’d)

13. BASIC ACCOUNTING CONCEPTS
(cont’d)

14. BASIC ACCOUNTING CONCEPTS
(cont’d)