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The most basic points are that of debit and credit.
If you understand these two terms, you are on the correct path, really.
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Coming back to Accounting — As a subject It is the study and recording of financial information, to be precise.
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This edition includes case studies, numerous excel worksheets and video resources which include Power Point slides. S standards of accounting are clearly summarized for the advanced students.
The excel worksheets are designed for maintaining daily finances of the students. Then the case studies, modeled on real-life business scenarios give a first-hand feeling of solving complex business scenarios. All aspects of consolidated financial reporting are also clearly stated in the book.
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