Accounting Concepts & Conventions for Beginners By Dr.Devika Bhatnagar

Dear Students,
Accounting Concepts & Conventions are very important basics of Financial Accounting. This topic is quite common in every Commerce & Management courses and also in B.Tech, MCA etc..
Follow the given Subjects & Chapters related to Commerce & Management Subjects:
1. Financial Accountancy - Part : 1
• Accounting Basics For ...
Financial Accountancy - Part: 2
• 1. Non - Trading Accou...
2. MEFA (Managerial Economics & Financial Analysis)
• Accounting Basics For ...
3. Business Law
• Introduction of Busine...
4. Statistics
• Introduction of Statis...
5. Financial Management
• "Capital Budgeting" In...
6. Cost Accounting
• 1. Cost Introduction ...
7. Business Economics/ Managerial Economics
• "Introduction To Busin...
8. Basic Introduction Chapter of Financial Accountancy
• Accounting Basics For ...
9. Bank Reconciliation Statement
• 42. "Bank Reconciliati...
10. Final Accounts
• "Final Accounts Introd...
11. Depreciation
• 1. Depreciation Introd...
12. Rectification of Errors
• 1. "Rectification Of E...
13. Business Organization & Management (BOM)
• "Characteristics & For...
14. Career Options
• BEST CAREER OPTIONS AF...
15. Company Law
• "Introduction & Featur...
16. Bills of Exchange
• 53. Introduction To "...
17. Non - Trading Accounts
• 1. Non - Trading Accou...
18. MEFA / BEFA For Engineering Students
• "Introduction To Busin...
19. Recommended Text Books For Commerce & Management Subjects:
• "Business Law" Only On...
20. Consignment Accounts
• 1. Introduction of Con...
21. Joint Venture Accounts
• 1. Joint Venture Accou...
22. BCRW (Business Communication & Report Writing)
• 1. Introduction To Bus...
23. Managerial Accounting ( Valuation of Goodwill & Shares)
• 1. Valuation of Goodwi...
Don’t forget to share these videos.
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Stay Blessed & Good Luck 😊
Follow my other Channels
1. Dr. Devika Bhatnagar (Soft Skills & Motivational Channel)
/ devikabhatnagar
2. Carnatic Veena Classes by Devika Bhatnagar
/ @carnaticveenaclassesb...
3. Devika Bhatnagar’s Telugu Channel
/ @devikabhatnagarstelug...

[@devikascommercemanagement]

Dear Students, Please follow this link for better audio and video quality 👍 kzbin.info/aero/PLLhSIFfDZcUXEs3UhIv5tMn6AAU1GNnPr

[@bhagavathyjayakumar5385]

Managerial costing is value aid for managerial desicision ? Mam can you clarify this topic!

[@pinkzz7]

My 11th accountancy teacher recommended your videos because she was on duty... You are awesome!!

[@devikascommercemanagement]

Glad to hear your teacher's acknowledgement and recommendations.

[@PROGAMER-mt6dj]

HI PRIYANKA

[@hemanth790]

Same ya I am also recommend to my lecture😁😂

[@soumya7239]

Madam, being a student of non commerce background i found accountancy very difficult at the beginning. After watching your videos which are mentioned in the syllabus for which I am reading accountancy as a paper along with other 8 papers i am confident to qualify accountancy paper in central government gazetted officer's exam.

[@devikascommercemanagement]

Wish you good luck dear Soumya👍

[@panchamirai3903]

Thank you ma'am. This lecture helped in the last moment preparation

[@phanisekharvasana9731]

you are doing great job mam transferring your knowledge...thank you

[@deepikakhatri2415]

Thank you very much ma'am. It proved very helpful for me.The explanation is really nice.

[@mayurdorge564]

THANK YOU SOOOO MUCH MAM ..FOR EXPLAINING BEST WAY POSSIBLE ..

[@mohammedyaseen4525]

Love to watch your videos .Thank you so much mam.Much simple and easy way of understanding

[@MuraliKrishna-pm6gz]

I'm happy to see. Madam you are great Asset for Students in this pandemic situation, for Employees revision.

[@devikascommercemanagement]

Follow this link for better audio and video quality 👍 kzbin.info/aero/PLLhSIFfDZcUXEs3UhIv5tMn6AAU1GNnPr

[@chinnodusudheer7270]

Tq madam, pure clarity to u r language, perfect teaching madam

[@vijaysitablr]

Thank you Mam, I am doing MBA-Financial Management, without any proper accounting background, but your video's are awesome for people like me, as we can't go to school or college in this age, Hopefully some how i will pass Financial accounting and Management subject if i watch all your video. I will comment further after my exam which will be held in end of Feb 2021-Alagappa University Distance Education Thank you so much and God Bless you.

[@vijaysathya-qn1zk]

Thank you so much for the vedio madam... We are able understand the concepts very easily...

[@jahnvipala9178]

your videos helped me alot. perfect explanation. thank you. keep uploading.

[@yuktapalekar]

Thank you ma'am for this lecture You have explanation very nicely.

[@r.shalini7943]

Thank you mam.you had given very good explanations

[@anumaddela228]

Tq so much mam for u r neat explanation...its very helpful to end of my preparation

[@decepticans96]

Please do videos on ratio analysis, fund & cash flow analysis, marginal costing and coat accounting

[@nethalokeshyoutubechannel8917]

Very neat and clean explanation mam Teaching language very normal and easy to understanding

[@ChythanyaMRaa]

Mam you're such a professional !! On point explanations 💯

[@devikascommercemanagement]

🙏

[@ChythanyaMRaa]

I would like to attend you're classes personally for bba 3rd year syllabus

[@jayamanyponnusamy3519]

Wow! You are awesome!!😍

[@nitishsalaria5096]

superb video ❤️vry helpful 4 me during accounts exams

[@saineeha1128]

Thank you mam it was mind blowing! explanation . Made me very easy to understand .

[@pallavikochar1066]

Thank you so much Ma'am your valuable precious lectures hsve helped me a lot in completing my MBA in HR from Symbiosis with A grade

[@vijayalaxmivijaya601]

Super explanation mam thank you for giving a brief explanation

[@9010710998]

Your lecturs helps me alot mam thanks

[@nisarahmed469]

Mam you're great.yoir lecture are brilliant to help the preparation in exam thanks mam follow like this mam you will be a big lecturer ..very glad.

[@shivanagendra2998]

Thanks you madam,your teaching is very well, i have lot of doubts in one topic that is Depreciation methods please explain madam.

[@adityaasl6659]

Very nicely articulated In simple manner 🙏

[@Prasanthi_tho_Prasanthamga]

M new to accounting it was v clear explanation thanku mam

[@devikascommercemanagement]

Dear Students, Accounting Concepts & Conventions are very important basics of Financial Accounting. This topic is quite common in every Commerce & Management courses and also in B.Tech, MCA etc.. Stay Connected for more Commerce & Management topics. Don't forget to subscribe to my channel. Study well & Good Luck.

[@priyaarunodhayan3609]

Nice explanation__thank you ,,,, but what is matching concept

[@soshnarijuk9699]

Mam adjustment made for prepaid expenses in the financial statement is due to the...... principle?? Is it matching principle?? Pls reply mam

[@kamblenarasimhulu1031]

Mam may I know the proper difference between convention of disclosure and convention of consistency?

[@aakularadha274]

Mam your explanation is extremely super and easy to understand eventhough iam a bipc background student.😊😊👏👏

[@bairisandeep6227]

Mam you are so good than our teachers at explaining ❤️❤️❤️

[@na5051]

Mam explanation is very easy understand very easily

[@adarshvk4763]

Understood. Thank you very much🙌

[@tsaisurya]

Mam, what are quarterly reports then? Is the process similar to the final accounting without closing the books? where can I fit this quarterly report in the accounting cycle?

[@architectsowmya1327]

Thankyou very much mama 😊.. please upload very basic principles terms and fundamentals of accounting as a glimpse .

[@sreekumariamma9561]

U r such a good helping hand I request u please upload matching concept 🙏🙏🙏🙏🙏🙏🙏

[@santhanapriya1709]

Thanks mam your teaching methods is very helpful &remembered in exam point of view

[@geraldbanwon118]

All of your presentations are well understood Ma'am. Indeed you are an Accounting genius. Your contributions to our student community will always live on. To admit, I hardly comment on videos but because you have my admiration that's why I'm doing this. By the way I'm currently studying in India. Once again thanks for your many contributions🙏

[@devikascommercemanagement]

It's my pleasure Have a bright career 🙌

[@tejaspusande7692]

Such a nice teaching , It's remove all problems from the mind.

[@devikascommercemanagement]

Glad to hear.. Please follow the link for better picture and voice. kzbin.info/aero/PLLhSIFfDZcUXEs3UhIv5tMn6AAU1GNnPr

[@nehagoyal1639]

Thanks man for clear the topic so nicely , I never forgot it now.

[@devikabhatnagar]

My pleasure.. Stay Blessed and Good Luck

[@syamvelagala7770]

Thank you soo much Ma'am🙏 Any video about Advantages and limitations of accounts ?

[@SimpleCooking-nv5di]

Thank you for excellent teaching❤

[@vishalkrishnan.r602]

Mam I am having Accountancy Class 11 final exam day after tomorrow. My sir said these concepts are deleted and he asked questions from it(In revision exam) . Luckily I found your channel!All the concepts and conventions are now cleared! Thank you very much mam🙏Wish me good luck for my exam✌

[@chandrashekargurrala9025]

Tq u very much mam, in just one video i got this answr......

[@umamaheswari-cr1bp]

Excellent explanation madam...tq soooo much...

[@nareshkolluri_99]

I understood clearly thank you mam

[@renumrudhula6619]

mam not only acounting basics, this acounting conventions make me understand very clearly.

[@hemasu9242]

Very interesting madam

[@hemasu9242]

It's very useful for Bankers

[@charitykalukango2363]

Thank you so much for the video

[@Vaasippainesippom]

Thankyou verymuch, mam for Clear and precise explanation .

[@devikabhatnagar]

My pleasure.. Stay Blessed and Good Luck

[@salmonraj7550]

Madamm your explanation was amazing!!...thank you soo muchhh mamm.....and also please explain every topic of b.com subject...thank youu ...🌹🤝

[@mranonymous5045]

well explained mamm fantastic job ,,,

[@evikram7228]

Madam your explanation was too good easy to understand.

[@bhargavilokesh8150]

Sprb explaination mam ... Just rocking... ✨✨✨

[@maniyappanv.v8911]

Ma'am your explanations are easy to understand Thanks a lot

[@maniyappanv.v8911]

Ma'am can you plz put about bill of exchange

[@mamathag.s4017]

Mam thank u soooo much for a clear explanation. we have MEFA subject for b.tech mam . Really ur explaining clearly. For us soon b.tech exams will be started mam, iam requesting u to provide notes links in pdf form if possible. mam really I hope ur notes for exam purpose help us mam. Iam waiting for ur reply mam

[@dalavailakshmipathireddy9153]

Mam super .I understood very clearly.

[@suzimalik812]

Mam u explain so nicely.. My doubts r all gone.. U have a really good teaching skills

[@devikabhatnagar]

Thank you for your kind words.. Stay Blessed and Good Luck

[@kaustubbhosale8501]

Thanku so much mam it's very helpful to me ☺️

[@adlamahendhar6367]

TQ Madam Tq very much for your classes

[@radhu8177]

Hi Mam which account is Best to use saree business or kirani shops?

[@sudheerravuri5116]

👌 mam very useful for tommorows eaxm

[@samkrgp3639]

Mam can I know one thing company and invester were different so,company is in loses Then is there any problem for investors in that company like share holders

[@selveesview6845]

Nice section mam, clearly understood

[@narlagiriswethak2607]

I understand easy in topics

[@satyaprakash-hh3di]

Good afternoon mam, I am feel happy that you teach the Accounts Basic Concepts in more easy way.... I request you Please make a video to teach about busy 21 accounting software, how to operate Busy software how to make larger how to make voucher , how make entry sales and purchase that all, Appreciate for your technique of teaching. Thanks

[@srujanreddy2936]

Thanku mam,bcoz of your lecturersi cleared my accounts paper in JAIIB

[@devikascommercemanagement]

Hearty congratulations.. Delighted to hear from you. Wish you good luck and stay blessed always

[@gvvramarao7595]

Madam, in management accounting book by m y Khan and jain, conventions also included in GAAP. Is that ok?

[@devikascommercemanagement]

It's a standard book, please follow as it is 👍

[@ravipavankumar9861]

Thank you very much mam for your wonderful explanation pls attach some examples on Conventions also mam

[@lodagalaaditya1091]

There will be no doubts after your lecture mam...💓💓

[@Vishal34562]

Thanks madam

[@alltvepisodealltvepisode6308]

Thankyou man Really nice

[@roshnichugwani8510]

Maam what is the difference between money measure concept and cost concept bcz in both the initial price is considered

[@shivunisreeja8284]

Mam ur teaching is really good we need more videos

[@user-nk3jy1tc7e]

Madham both going concept and cost concept are same??.. Mam can u please tell me what is the differences

[@tanukataria3913]

Thnx mam for making this video and also for clearing my doubts 🥰

[@leepakshiyadav1643]

Thank you. You explained it really nicely

[@devikabhatnagar]

My pleasure.. Stay Blessed and Good Luck

[@thewanderingnothingness1186]

thank you ma'am.

[@g.vamsikrishnabballb3203]

Thanku madam Good lecture Accounting

[@srikanthdassari5277]

Mam we need b.com 1 st year 2nd semester topics to mam.. Like 1)joint venture account. 2) accounts from incomplete records 3) accounts of non profit organisation. 4)bills of exchange.

[@mahalaxmi807]

Suuuuper mam it is very helpful to me 😍

[@mdfsaba3435]

Mam we can write this as define acconting question

[@srikeerthi5102]

Thank you so much Mam for the vedio ❤️ it's very easy to understand and it's clear

[@devikascommercemanagement]

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[@tejanaidug8213]

You are an excellent subject library madam...👌👌👌

[@devikascommercemanagement]

Thank you for your kind words.. For all topics of Financial accounts please follow the link. Wish you good luck. kzbin.info/aero/PLLhSIFfDZcUUwKluDIB2exPUYc75Va37x

[@sangeethroshanstudy]

Thank you ma'am ❤️🙏🏼

[@nithish_encyclopedia3962]

Osme. Mam👌👌👌👌👌 tq for leting us know!! And tq doe sharing ur knowledge wid us👌👌👌

[@devikascommercemanagement]

My pleasure.. Please follow the link for better picture and voice. kzbin.info/aero/PLLhSIFfDZcUXEs3UhIv5tMn6AAU1GNnPr

[@nayabrasoolsyed5562]

Mam you r e professional explaction excellently 💯

[@devikascommercemanagement]

Thank you.. For all the Financial accounts topics please follow the link. Wish you good luck. kzbin.info/aero/PLLhSIFfDZcUUwKluDIB2exPUYc75Va37x

[@KumarKumar-no3ge]

Helped me a lot mam thanks for sharing keep going best of luck 🙂👌👍

[@devikascommercemanagement]

My pleasure.. Follow this link for better audio and video quality 👍 kzbin.info/aero/PLLhSIFfDZcUXEs3UhIv5tMn6AAU1GNnPr

[@tejaswini.a587]

Mam lam b.com1st year student your introduction to financial accounting made me very easy to understand. Can you help me in chapter 1 ,1st semester topic rewrite the accounting equation after each of the following transactions

[@ramkumar-be3bz]

I'm preparing for BHEL supervisor exam your videos are excellent

[@sarithaamon9195]

Thnkuu so much mam for ur class

[@divyachebrolu1732]

Madam please make a video on fundamentals of management....As this is a new chapter for R16 batch ... Please madam make a video on this topic as soon as possible

[@rassinajah3252]

Thanks so much for good explanation

[@devikabhatnagar]

My pleasure.. Stay Blessed and Good Luck

[@RamKannadiga]

It's helping for my interview 😀 tnqu Madam

[@Ranirani-wu8vl]

Which questions did asked in your interview

[@ponnalanaresh1796]

What is accrual concept medam

[@chintalagreeshma4664]

Explain different concepts of financial accounting? Can we write this answer or not mam

[@pravalikabodhana3388]

Thank you medam it's very clear to understand the topic in easy way it's very much help full

[@devikascommercemanagement]

Follow this link for better audio and video quality of the same topic 👍 kzbin.info/aero/PLLhSIFfDZcUXEs3UhIv5tMn6AAU1GNnPr

[@vanjarisaikarthik4030]

If loss comes in capital invested by Proprietor . Who should bear business owner or proprietor plzz reply mam

[@spiritualthought9172]

Hello mam , what are the subjects in b.com general 1st year 1st sem&2ndsem

[@anujuniyal1806]

Thanks ma'am..i like to way to explain..😊

[@devikabhatnagar]

My pleasure.. Stay Blessed and Good Luck