Introduction to Fundametals of Accounting and Bookkeeping
Basic Accounting
Introduction to Accounting
Various Accounting Concepts
Various Terminologies in Accounting
Assignment : Basic Accounting
Assignment : Basic Accounting
Quiz : Basic Accounting
Starting Point of Accounting
Financial Transactions in Accounting
What are Books of Account
Assignment : Starting Point of Accounting
Quiz : Starting Point of Accounting
Fundamental Accounting Principle
Fundamental Principles of Accounting
Accounting Assumptions
Ledger & Accounting Methods
Assignment : Fundamental Accounting Principle
Assignment : Fundamental Accounting Principles
Quiz : Fundamental Accounting Principle
Steps of Bookkeeping Process
Steps of Bookkeeping Process Part-1
Steps of Bookkeeping Process Part-2
Assignment : Steps of Bookkeeping Process
Quiz : Steps of Bookkeeping Process
Importance of Bookkeeping
Importance of Bookkeeping Process
What are Fixed Assets
Assignment : Importance of Bookkeeping
Quiz : Importance of Bookkeeping
Bank Reconciliation
What is Bank Reconciliation
Example of Bank Reconciliation Statement (BRS)
Assignment : Bank Reconciliation
Quiz : Bank Reconciliation
Journal Entry
Journal Entry in Accounting
Cases where Journal Entry is required
Assignment : Journal Entry
Quiz : Journal Entry
Payroll
Introduction to Payroll
Transactions with Payroll
Assignment : Payroll Management
Quiz : Payroll
Financial Statements
Financial Statements
Financial Statements with Example
Assignment : Financial Statements
Quiz : Financial Statements
Course Summary
Course Summary
Interview Questions
Interview Question in Fundamentals Of Accounting And Bookkeeping
Career Guidelines
Career Guideline
Course Offerings
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FAQ's
What is Accounting?
Accounting is the process of identifying, measuring, classifying and summarizing economic events in order to communicate their financial consequences. Accounting is one of the most important skills for all business professionals. It has a significant and positive impact on the business's performance and financial health. As we know, accounting includes three major categories: 1) Financial statements; 2) Account analysis; 3) Money management. Accounting is a broad discipline with many areas, such as auditing, taxation, investments and budgeting. Accounting courses are available online for those interested in learning about this profession.
What is the difference between bookkeeping and accounting?
Accounting and bookkeeping are different things. Accounting is the process of measuring and summarizing business transactions to provide reports on a company's financial state. Bookkeeping is the recording of financial transactions in a company's journal and general ledger with the intent of balancing them to zero. It is more technical than accounting, with less emphasis on analysis and interpretation of information. Accountants use accounting software to record all the financial transactions that happen within a business. The software may also generate various sorts of financial statements, such as profit-and-loss statements or balance sheets.
What is the best career in accounting and bookkeeping?
Having the best job in accounting is a reward for those who have been successful in this career. Accounting is a profession where there are many opportunities for growth and advancement, which might be one of the reasons why people want to become accountants. Accounting jobs come with various responsibilities, some of which include analyzing financial records, reporting on financial transactions and managing assets. There are many different career paths to consider, namely: - Accountant - Auditor - Tax analyst - Audit manager - Jr. Account Executive - Data entry operator - Chartered Management Accountant
Is Fundamentals of Accounting and Bookkeeping Course Certified?
LearnVern offers Skill India certification on successful completion of the Fundamentals of Accounting and Bookkeeping Tutorial to its learners. Skill India is the flagship project of the National Skill Development Corporation and is a coveted recognition acknowledged across the country.