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Concepts and Accounting Principles

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Types of Accounts in Financial Accounting

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Now, Let's take a look at the different accounts that will be involved and also the types of accounts for each case-

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journal Entries Based on Golden Rules of Accounting

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Accounting Conventions and Concepts

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Periodicity Concept

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Alternative as per Cash basis

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Accrual Concept

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Matching Concept

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Going Concern Concept

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Cost Concept

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Realisation Concept

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Write the two aspects(effects)of the following transaction

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Conservatism Concept

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Consistency Concept

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Materiality Concept

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Introduction to GAAP

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Key Accounting Principles Under GAAP

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Importance of GAAP in Financial Reporting

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Accounting Standards

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Objectives of Accounting Standards

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Benifits of Accounting Standards

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Limitations of Accounting Standard

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List of Accounting Standards

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What are International Financial Reporting Standards(IFRS)-

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Understanding IFRS

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IFRS vs. GAAP

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Standard IFRS Requirements

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How IFRS Differs From GAAP & Indian Accounting Standards (Ind AS)