Financial Accounting and Analysis

 

Chapter 2: Conceptual Understanding of Accounting

Generally Accepted Accounting Principle (GAAP) is a collection of commonly followed accounting rules and standards for financial reporting.

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Chapter 4: Value Added Statement

Value Added is the additional features or economic value that a company adds to its products and services before offering them to customers.

 Some Mobile apps which can be used while teaching:

Table note

WPS office

Lekh pati

Google lens

 Accounting is an art which can be used to manage financial information in an organization.