Basic Concepts Of Accounting

Having a tutor for more than a decade, I have observed that students of accounting and commerce don't try to understand the concept which is the major draw back in getting fail in subject matters. So to make the concept very clear to students lies on teacher. My teaching techniques and skills are very easy to understand and remember for a longer time, no need to mug up the things actually. Keeping students understanding I always give very basic examples for their understanding. I plan to keep an hour session on basics of accounting.

 The session will contain the following topics

1) Need and objectives of accounting 

2) Types of accounting and it's useful

3) How to prepare financial statements 

4) How to read financial statements 

5) Financial Jargons 

6) Accounting equation 

7) Journals and Ledgers 

8) Preparation of Trial Balance 

9) Prepation of Profit and loss account

10) Question and Answers session

Hope to get good responses from students.