Introduction to Financial Accounting

Introduction to Financial Accounting
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Introduction to Financial Accounting

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Introduction to Financial Accounting
After reading this unit, you will be able to
Explain succinctly financial accounting concepts
Elucidate on different principles of financial accounting
Explicate the importance and scope of financial accounting
Understand Generally Accepted Accounting Principles GAAP
Identify limitations of Financial Accounting
1 . 2.
1 Reading It will need 3 Hrs for reading a unit 2nd Reading with understanding It will need 4 Hrs for reading and understanding a unit Self Assessment It will need 3 Hrs for reading and understanding a unit Assignment It will
3. 4.
need 2 Hrs for completing an assignment Revision and Further Reading It is a continuous process
5.
1.1
Introduction
1.2
Role of Financial Accounting
1.3
Principles of Financial Accounting