This document provides an introduction to bookkeeping and accounting. It defines bookkeeping as recording business transactions involving money. The objective is to calculate profit/loss and assets/liabilities. Advantages include permanent records, accuracy, and financial planning. Accounting is defined as identifying, measuring, and communicating economic information to allow informed decisions. It discusses the accounting cycle and the differences between accountancy, accounting, and bookkeeping. It also covers the branches of accounting and some basic accounting terms and concepts.
ACCOUNTANCY PROJECT
ON THE TOPIC
CONTENTS:
MEANING OF BOOK KEEPING
BOOK KEEPING IS A PART OF ACCOUNTING THAT IS CONCERNED WITH RECORDING OF FINANCIAL TRANSACTIONS IN THE BOOKS OF ACCOUNTS.
NOTE : EVENTS RELATED TO BUSINESS THAT CAN BE EXPRESSED IN TERMS OF MONEY ONLY ARE RECORDED.
STEPS INVOLVED IN BOOK KEEPING
AIMS OF BOOK KEEPING
RELATIONSHIP BETWEEN BOOK KEEPING, ACCOUNTING AND ACCOUNTANCY.
DIFFERENCE BETWEEN BOOK KEEPING AND ACCOUNTING.
THANK YOU
The principle characteristic of management is decision making. Accounting allows and guides the management to take selections in recognize of figuring out the selling price, deduction of cost, increase in sales etc.
this covers the following topics
Meaning of Accounting
Characteristics of accounting
Objectives of accounting
Sub-fields of Accounting
Advantages & Disadvantages of Accounting
Book-keeping, Accounting & Accountancy
Users of accounting
also get video of this topics
Introduction of accountancy Part - I
https://youtu.be/NzDaR13kCxQ
Introduction to Accountancy Part - II
https://youtu.be/2SA_vH4txWM
watch these videos to understand these topics
This course discusses basic concepts of accounting.
Course Objectives: (i) Help the participants to become intelligent users of accounting information (a) Understand the basic accounting and financial terminology. (b) Understand how events affect firm value (c) Understand how financial transactions are recorded. (d) Make the participants’ comfortable looking through financial statements (ii) Develop the ability in participants’ to use financial statements to assess a company’s performance.
Course Fee: Free of Cost
What you'll learn
• Understand need and importance of Accounting
• Understand Book Keeping, Objectives and Advantages
• Understand Accounting Process, Accounting Cycle,
• Understand Users of Accounting Information
• Understand Branches of Accounting
• Understand Basic Accounting Terms
• Understand Accounting Assumptions, Concepts and Principles
• Understand Rules of Accounting
• Understand Journal, Ledger, Trial Balance and Final Accounts Preparation
In detail view of Everyday session topic covers:
This is a comprehensive course, covering each and every topic in detail. In this course, you will learn Fundamentals of Accounting, step by step covering the following:
ACCOUNTANCY PROJECT
ON THE TOPIC
CONTENTS:
MEANING OF BOOK KEEPING
BOOK KEEPING IS A PART OF ACCOUNTING THAT IS CONCERNED WITH RECORDING OF FINANCIAL TRANSACTIONS IN THE BOOKS OF ACCOUNTS.
NOTE : EVENTS RELATED TO BUSINESS THAT CAN BE EXPRESSED IN TERMS OF MONEY ONLY ARE RECORDED.
STEPS INVOLVED IN BOOK KEEPING
AIMS OF BOOK KEEPING
RELATIONSHIP BETWEEN BOOK KEEPING, ACCOUNTING AND ACCOUNTANCY.
DIFFERENCE BETWEEN BOOK KEEPING AND ACCOUNTING.
THANK YOU
The principle characteristic of management is decision making. Accounting allows and guides the management to take selections in recognize of figuring out the selling price, deduction of cost, increase in sales etc.
this covers the following topics
Meaning of Accounting
Characteristics of accounting
Objectives of accounting
Sub-fields of Accounting
Advantages & Disadvantages of Accounting
Book-keeping, Accounting & Accountancy
Users of accounting
also get video of this topics
Introduction of accountancy Part - I
https://youtu.be/NzDaR13kCxQ
Introduction to Accountancy Part - II
https://youtu.be/2SA_vH4txWM
watch these videos to understand these topics
This course discusses basic concepts of accounting.
Course Objectives: (i) Help the participants to become intelligent users of accounting information (a) Understand the basic accounting and financial terminology. (b) Understand how events affect firm value (c) Understand how financial transactions are recorded. (d) Make the participants’ comfortable looking through financial statements (ii) Develop the ability in participants’ to use financial statements to assess a company’s performance.
Course Fee: Free of Cost
What you'll learn
• Understand need and importance of Accounting
• Understand Book Keeping, Objectives and Advantages
• Understand Accounting Process, Accounting Cycle,
• Understand Users of Accounting Information
• Understand Branches of Accounting
• Understand Basic Accounting Terms
• Understand Accounting Assumptions, Concepts and Principles
• Understand Rules of Accounting
• Understand Journal, Ledger, Trial Balance and Final Accounts Preparation
In detail view of Everyday session topic covers:
This is a comprehensive course, covering each and every topic in detail. In this course, you will learn Fundamentals of Accounting, step by step covering the following:
Accounting helps in keeping the complete and organized record of its financial transactions. The financial records in the books of account have reduced the human limitation of keeping everything in mind because every transaction is recorded and analyzed.
Webinar on Accounting and Tax Checklist - Built AccountingBuilt Accounting
Essential bookkeeping and finance practices for small businesses in Ghana as they enter into 2019. From preparation of end of year financial statements for audit, filing of audited accounts at Registrar General's Department and Ghana Revenue Authority, payment of provisional/self assessment estimates, making your budget for the year prepared and many more.
This presentation is based on accountancy notes on the topics-
1. Meaning of Accounting
2. Characteristics of Accounting
3. Branches of Accounting
4. Advantages and Disadvantages of Accounting
5. Accounting concepts and Conventions
6. Accounting Equation
Accounting helps in keeping the complete and organized record of its financial transactions. The financial records in the books of account have reduced the human limitation of keeping everything in mind because every transaction is recorded and analyzed.
Webinar on Accounting and Tax Checklist - Built AccountingBuilt Accounting
Essential bookkeeping and finance practices for small businesses in Ghana as they enter into 2019. From preparation of end of year financial statements for audit, filing of audited accounts at Registrar General's Department and Ghana Revenue Authority, payment of provisional/self assessment estimates, making your budget for the year prepared and many more.
This presentation is based on accountancy notes on the topics-
1. Meaning of Accounting
2. Characteristics of Accounting
3. Branches of Accounting
4. Advantages and Disadvantages of Accounting
5. Accounting concepts and Conventions
6. Accounting Equation
Introduction
Needs and Role of Accounting
System of Accounting
Branches of Accounting
Objectives of Accounting
Generally Accepted Accounting principles : (Accounting Concepts and Conventions)
Documents in Accounting
This ppt has been prepared keeping in mind to give basic idea on ACCOUNTING. This is meant for CLASS - XI COMMERCE students who are doing education on +2 Commerce under CBSE / ICSE / State board in different states.
Introduction to Accounting
Theory base of Accounting
Recording of Transactions – I
Recording of Transactions – II
Bank Reconciliation Statement
Trial Balance and Rectification of errors
Depreciation, Provisions and Reserves
Bill of Exchange
Financial Statements -I
Financial Statements -II
Accounts from Incomplete Records
Application of Computers in Accounting
Computerised Accounting System
Introduction, Accounting as an Information System, Branches of Accounting, Meaning of Financial Accounting, Users of Accounting Information- GAAPS- Basic Concepts and Conventions- Accounting Standards issued by ICAI and IFRS issued by IASB- Manual Vs Computerized Accounting.
The PPT consists of all the basics of Financial Accounting like Meaning, Importances, Branches, Users etc.
Accounting is the identifying , recording of financial transactions pertaining to a business, and it also refers to the process of summarizing, analyzing and reporting these transactions to various uders of accounting informations
Accounting Cycle.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
2. Agenda 2 Introduction Book Keeping Advantages of Book keeping Accountancy, Accounting and Book keeping Branches of Accounting What more is in store
3. Introduction – Book Keeping 3 Book-keeping is that branch of knowledge which tells us how to keep a record of business transactions. Those transactions related to business which can be expressed in terms of money are recorded As per R.N. Carter - “Book-keeping is the science and art of correctly recording in the books of account all those business transactions that result in the transfer of money or money’s worth”. The objective of book keeping is to keep a record of all the business transactions to enable calculation of Profit & Loss and Assets and Liabilities of the business.
4. Advantages of Book Keeping 4 Permanent and Reliable Record keeping Arithmetical Accuracy To know the Profit or Loss of business correctly Ascertainment of Financial Position to plan for the next year as well Ascertainment of the Progress of Business To know how much he has to pay others and how much to receive. Keep a check over assets and evaluate them every year To keep control over liabilities To ensure proper records for taxation and management purposes To maintain legal records
5. Accounting 5 American Accounting Association defines accounting as “the process of Identifying measuring and Communicating economic information to permit informed judgments and decision by users of the information”. An accounting cycle is a complete sequence of accounting process, that begins with the recording of business transactions and ends with the preparation of final accounts Business transaction Journal Trial Balance P&L Account Balance Sheet
6. Accountancy, Accounting & Book Keeping 6 Accountancy- systematic knowledge of accounting. Why and how to prepare the books of accounts Accounting– actual process of preparing and presenting the accounts. BookKeeping– record keeping or maintenance of books of accounts Users of Accounting – Internal Users - owners, management, employees External Users – creditors / lenders, investors, banks and other lending institutions, present and potential investors, Government, tax authorities, regulatory agencies and analysts and public at large.
7. Branches of Accounting 7 Financial Accounting - recording of business transactions to know the operating result (profit or loss) of a particular period and financial position (Balance Sheet) on a particular date can be known. Cost Accounting – to know the cost of material, men etc in a certain manner Management Accounting – use of accounting information by management for planning, strategy formulation and decision making by the management.
8. What’s more 8 Basic Accounting Terms – Closing stock, assets, liabilities etc Basic Accounting Concepts - matching concept, revenue realization Accounting Assumptions – going concern, accounting entity Accounting Standards Double Entry system of book keeping Questions and Exercises