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    Anuja Kamble
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    Accounting involves recording and reporting on financial transactions and the overall financial position of a business. It is considered the language of business and follows established accounting principles, standards, and a systematic process called the accounting cycle. Some important accounting concepts and standards discussed include GAAP, IFRS, assets, liabilities, the adjusted trial balance, financial statements, and the need for consistent accounting practices across periods.

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    FA personal notes

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    Accounting involves recording and reporting on financial transactions and the overall financial position of a business. It is considered the language of business and follows established accounting principles, standards, and a systematic process called the accounting cycle. Some important accounting concepts and standards discussed include GAAP, IFRS, assets, liabilities, the adjusted trial balance, financial statements, and the need for consistent accounting practices across periods.

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    © All Rights Reserved
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    2 views5 pages

    FA Personal Notes

    Uploaded by

    Anuja Kamble
    Accounting involves recording and reporting on financial transactions and the overall financial position of a business. It is considered the language of business and follows established accounting principles, standards, and a systematic process called the accounting cycle. Some important accounting concepts and standards discussed include GAAP, IFRS, assets, liabilities, the adjusted trial balance, financial statements, and the need for consistent accounting practices across periods.

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    © All Rights Reserved
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    of 5

    Date Page

    Finaneia
    Acounting
    Tabo to asounhing.
    LMeaning & Necessiyof ateunking & aLcounbng cyee.
    Tnbo b Meaning of GaAAP, IfRS,Inelan As.
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    Acoue hing Considred a lanaug of busineás.

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    Finanad Sloeme
    Ayosted Trid Balance
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    Date Page.

    saauatng standads

    Aecohag stoadad

    Assb audilaa

    eet kaud aimeahne Monupdahom.

    Tdiae Aciouahing Shodad i


    Acovamg Staadad boadcASwhch as Camkhuted
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    Date Page.

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