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About Learn Basic Accounting and Financial Accounting

This App of accounting basics will introduce you to some basic accounting principles, accounting concepts, and accounting terminology.

Some of the basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. You will become familiar with accounting debits and credits as we show you how to record transactions.

Learn Accounting Basics / Basic Accounting Study Guide
Accounting is a business language. We can use this language to communicate financial transactions and their results. Accounting is a comprehensive system to collect, analyze, and communicate financial information.

Learn Financial Accounting / Financial Accounting Guide
This app has been designed to help beginners pursuing education in financial accounting or business management. Any enthusiastic reader with basic mathematics knowledge can comprehend this tutorial. After completing this tutorial, you will find yourself at a moderate level of expertise from where you can take yourself to next levels.

Learn Cost Accounting / Learn Accounting
Cost accounting is used to calculate cost of the product and also helpful in controlling cost. In cost accounting, we study about variable costs, fixed costs, semi-fixed costs, overheads and capital cost.

Learn Management Accounting / Accounting Management
Management accounting provides data to the management on the basis of which they take decisions to achieve organizational goals and improve their efficiency. In this section, we will discuss the main characteristics of management accounting.

Learn Auditing
The main objective of auditing is to ensure the financial reliability of any organization. Independent opinion and judgement form the objectives of auditing. Auditing also helps to ensure that the books of accounts are kept according to the rules stipulated in the Companies Act and whether the books of accounts show a true and fair view of the state of affairs of the company or not.

What’s new

Version 1.3.0 · Updated June 25, 2021

- Complete New User Interface - Offline Support - Important Bug Fixes

User reviews

muhammad sarwar
muhammad sarwar
Awesome accounting guide

Frequently asked questions

What will I learn in this accounting basics app?
You will learn basic accounting principles, accounting concepts, and accounting terminology.
What are some of the basic accounting terms covered in this app?
Some of the basic accounting terms covered include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows.
Can anyone comprehend this accounting tutorial?
Any enthusiastic reader with basic mathematics knowledge can comprehend this tutorial.
What will I learn in the financial accounting section of this app?
You will learn the basics of financial accounting and gain a moderate level of expertise.
What is the purpose of cost accounting?
The purpose of cost accounting is to calculate the cost of a product and control costs.
What does management accounting help with?
Management accounting provides data to management for decision-making and improving efficiency.
What is the main objective of auditing?
The main objective of auditing is to ensure the financial reliability of an organization.
What does auditing help ensure about the books of accounts?
Auditing helps ensure that the books of accounts are kept according to the Companies Act and provide a true and fair view of the company's state of affairs.

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