Financial accounting
Topics covered under financial accounting are categorized into following sections. The links below will take you to the respective categories where you will find the accounting topics explained in a simple and easy to understand manner.
- Basics of accounting
- Double-entry accounting system
- Accounting cycle
- Accounting principles
- Bookkeeping
- Accounting of assets
- Property, plant and equipment
- Financial instruments
- Inventory
- Accounts receivables
- Accounting of liabilities
- Accounting of income
Management accounting
Topics covered under management accounting are categorized into following sections. The links below will take you to the respective categories where you will find the accounting topics explained in a simple and easy to understand manner.
- Introduction
- Relevant costing
- Cost of goods sold statement
- Marginal and absorption costing
- Inventory valuation
- Inventory management
IFRS
International Financial Reporting Standards (IFRS) are usually quite lengthy and difficult to digest. Here we have simplified these standards in a concise manner with relevant examples. The links below will take you to the our notes and explanations on some of the commonly used standards.