Category Archives: Financial Accounting

What are the Objectives of Accounting

This lecture is the part of basic accounting lecture series. This lecture is for dummies in accounting area who do not know the a,b and c of accounting. In this lecture, we will explain the main objectives of accounting. .

What is Accounting

This lecture is the part of basic accounting lecture series. This lecture is for dummies in accounting area who do not know the a,b and c of accounting. In this lecture, we teach accounting in your words. .

Types of Accounting Information

This lecture is the part of basic accounting lecture series. This lecture is for dummies in accounting area who do not know the a,b and c of accounting. In this lecture, we will explain the main types of accounting information. If you want to read its text, you can read at http://www.svtuition.org/2013/10/types-of-accounting-information.html .

How to Become Accountant in India

There is big need of accountants in India. All small, large, public and private companies and organisation demands accountants for completing their accounting records in India. In India, when a new company will set up, it is sure, one more accountant will require compulsory because as per company law, .

Fundamental Accounting Assumptions

This lecture is the part of basic accounting lecture series. This lecture is for dummies in accounting area who do not know the a,b and c of accounting. In this lecture, we will explain the fundamental accounting assumptions. If you want to read its text, you can read at http://www.svtuition.org/2013/10/fundamental-accounting-assumptions.html .

Types of Accounting Information

This lecture is the part of basic accounting lecture series. This lecture is for dummies in accounting area who do not know the a,b and c of accounting. In this lecture, we will explain the main types of accounting information. If you want to read its text, you can read at http://www.svtuition.org/2013/10/types-of-accounting-information.html     .

Window Dressing is Prohibited Due to

(A) Conservation Convention (B) Convention of Disclosure (C) Convention of Materiality (D) Arrear of Book Accounts   Correct Answer : (B)    Explanation : As per convention of disclosure, accountant should show the correct information in the books of account. Same information .

BRS

BRS is called bank reconciliation statement. It is made for knowing the reasons of difference between bank statement and our cash book's bank column. First of all we research to find all the transactions which are responsible for this. Then we make this statement by taking cash book balance or bank .