Accounting is a business language. We can use this language to communicate financial transactions and their results. Accounting is a comprehensive system to collect, analyze, and communicate financial information.

Audience

This tutorial has been designed to help beginners pursuing education in financial accounting or business management. Any enthusiastic reader with basic mathematics knowledge can comprehend this tutorial. After completing this tutorial, you will find yourself at a moderate level of expertise from where you can take yourself to next levels.

Prerequisites

Before you start proceeding with this tutorial, we assume that you have a basic understanding of commerce.

Chapters-

Overview
Process
Basic Concepts
Conventions
Accounts' Classification
Systems
Financial Accounting
Journal
Ledger
Books
Depreciation
Cost Accounting
Introduction
Advantages
vs. Financial A/c
Cost Classification
Elements of Cost
Cost Sheet
Cost Control
Cost Reduction
Budgeting
Cost Accounting Techniques
Marginal Costing
Standard Costing
Variance Analysis
CVP Analysis
Management Accounting
Introduction
vs. Cost A/c
vs. Financial A/c
Cash Flow
Ratio Analysis
Useful Ratios
Working Capital