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• Basic Accounting Concepts
• Basic Accounting Principles
• Meaning of Accounting
• What is Financial Transaction with example
• Meaning of Capital and Drawings
• Meaning of Assets and Liabilities including their types
• Meaning of Revenue and Receipts , Expenditure and Expenses along with examples
• Meaning of Inventory
• Meaning of Profit and Loss
• Generally Accepted Accounting Principles
• Business Entity Concept
• Money measurement concept
• Going Concern concept
• Accounting Period Concept
• Cost Concept
• Revenue Recognition Concept
• Matching Concept
• Basis of accounting - Accrual Basis and cash basis
• Full disclosure concept
• Consistency concept
• Conservatism Concept
• Materiality Concept
• Objectivity Concept