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Lesson Notes
Financial Accounting-MGT-322
Adeel Sohail, E-mail: adeel@biit.edu.pk (Whats app No) 0331-5002033

All topics Lesson Notes (Week 02)

Lecture 03 & 04

Final Project Adeel Sohail posted a new material: FA-WK-01-Lec-01 & 02

Objectives in this lecture:

adjusting entry Explain the nature and general purpose of nancial statements.
Posted Oct 6, 2020 (Edited Oct 24, 2020)
Explain ce ain accounting principles that are impo ant for an understanding of nancial
Lesson Wk -01 Video Links
statements and how professional judgment by accountants may a ect the application of
Accounting Cycle 1-https://youtu.be/I6qvaCyRc3U
those principles.
2-https://youtu.be/A-jz65TB73Y
3-https://youtu.be/IeBn-iPwMsU
Lesson Notes 4-https://youtu.be/qFfZTNkulsU
Demonstrate how ce ain business transactions a ect the elements of the accounting
5-https://youtu.be/b4mIrP4KozM
equation:
Assets = Liabilities + Owners’ Equity.

FA-WK-01-Lec-1-2.pdf
Explain how the statement of nancial position, o en referred to as the balance sheet, is
PDF
an expansion of the basic accounting equation.

Explain how the income statement repo s an enterprise’s nancial pe ormance for a
period of time in terms of the relationship of revenues and expenses.
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Explain how the statement of cash ows presents the change in cash for a period of time
in terms of the company’s operating, investing, and nancing activities.

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Adeel Sohail posted a new material: FA-WK-02- Lec-3 & 4
Text Book and Resources:

Posted Oct 10, 2020 (Edited Oct 19, 2020)

1-https://youtu.be/ygvqqTZtgV4
2-https://youtu.be/x-LrTR2eD2Q
3-https://youtu.be/QHNVJfzFOE0
4-https://youtu.be/Km6EXss1dic
5-https://youtu.be/_pm0ZTM8nis

FA-WK-02-lec-3-4.pdf
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Adeel Sohail posted a new material: FA-WK-03-Lec 5 & 6

Posted Oct 19, 2020 (Edited Oct 19, 2020)

Video Links:
1-https://youtu.be/A1RQcTPEPxU
2-https://youtu.be/tHNyGIed1YA
3-https://youtu.be/QvFV7WHCQf8
4-https://youtu.be/cUYSXs1K7dM

FA-WK-03-lec-5-6.pdf
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Adeel Sohail posted a new material: FA-WK-04-Lec7 & 8

Posted Oct 26, 2020

Video Links
1-https://youtu.be/mTTkFVqJ1bA
2-https://youtu.be/K456nzYg6Nk
3-https://youtu.be/is2s8S0qqVQ
4-https://youtu.be/0Fwjce-dDAA

FA-WK-04-Lec 7-8.pdf
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Adeel Sohail posted a new material: FA-WK-05-Lec 9 & 10

Posted Nov 2, 2020 (Edited Nov 3, 2020)

Video Links
1-https://youtu.be/Xe9Ek3tHUJI
2-https://youtu.be/31vj-FM-DGo
3-https://youtu.be/Uxv70V5GpDk
4-https://youtu.be/tsX9-EuHUzM
5-https://youtu.be/h9ch-DUSKQg

FA-WK-05-Lec 9-10-BC…
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