Key Accounting Concepts

There are a few important concepts related to business and accounting that form the backbone of the modern accounting and financial reporting system. In this lecture, we will look at some of these concepts and how the accounting system works.

The video discusses:

Three money questions
The accounting system
Finance vs. Accounting
Fiscal Period
Double Entry Accounting System
Going Concern Concept
Historical Cost
Cash vs. Accrual Accounting
Revenue Recognition
Matching Principle

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Introduction to Accounting Skills for Managers

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Accounting Business Transactions and the Accounting Equation

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Accounting Skills for Managers

9 lessons

Introduction to Accounting Skills for Managers

Key Accounting Concepts

Accounting Business Transactions and the Accounting Equation

Accounting Skills - Case Study

Rules of Debit and Credit

Maintaining Accounting Records

Cheat Sheet - Accounting for Common Business Transactions

Accounting Case Study - Journal Entries

Accounting Case Study - General Ledger and Trial Balance

Topics

Financial Analysis