#1 Basic Introduction of Financial Accounting

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  • čas přidán 4. 09. 2024
  • #FinancialAccounting #DoubleEntrySystem
    For full course, visit: academyofaccou...
    Whatsapp : +91-8800215448
    Explained Modern System of Accounting and its Assumptions. Need and Advantages of Financial Accounting and Accounting Equation i.e. 'Double Entry System' of Accounting.
    Student can also watch following lectures of Accounting :
    1. Bank Reconciliation Statement (BRS)
    • #2 Bank Reconciliation...
    2. Single Entry System of Accounting (Concept & Procedure) Statement of Profit and Loss :
    • #1 Single Entry System...
    3. Rectification of Errors ~ Introduction and Concept :
    • Video
    4. Bills of Exchange :
    • Bills of Exchange - Co...
    Dwonload Assignments: drive.google.c...

Komentáře • 1,1K

  • @VONTUGUNA
    @VONTUGUNA Před 3 lety +610

    Short summary:
    Assumptions ->
    1. Bussiness entity assumption: Every Bussiness has a seperate unique identity(Lalaji and Dukaan are both different, maintain accounts of only bussiness entity which is Dukaan)
    2. Money measurment assumption: Only write entry in terms of money(convert other units in terms of money), do not write any other things in accounts other than money
    3. Going on concern: Bussiness is assumed to be long lasting, it is a continuing enterprise
    4. Accounting period assumption: Life of business is divided into short terms, this is to enable different regesters for different period through which we could compare the growth of different periods
    Common words->
    1. Capital - Lalaji ke paise jo unne business mein dale ab wo paise dukaan ka capital ban gaya
    2. Liabilities(karja) - Loan, Creditors(money yet to give to others), outstanding payments, agar lalaji ne kisi se dukaan ke liye udhaar liya to wo liability hai dukaan ki
    3. Assets - Things, Debtors(money yet to recieve from others), Prepaid expense
    Capital + Liabilities = Assets
    Thank you Naresh sir for explaining the concepts in a wonderful manner.

    • @hamayoonkhan8475
      @hamayoonkhan8475 Před 3 lety +3

      Hello sir, I am glad to have your lectures over the channel. My very meaningful request to you that whenever you are writing on the board please use the international language (English) rather than the language you have used. We partially get to learn your lecture.

    • @umnamalik7246
      @umnamalik7246 Před 3 lety +2

      Gd

    • @mrbeemee6325
      @mrbeemee6325 Před 3 lety +3

      Nice

    • @clawvfx1837
      @clawvfx1837 Před 3 lety +8

      @@hamayoonkhan8475 sir bol bhi to hindi me rhe hai vo tumko kaise smjh aa rhi phir lol

    • @raza.aman.
      @raza.aman. Před 3 lety +1

      Kjkkj

  • @priyamkumari8593
    @priyamkumari8593 Před 5 lety +359

    I'm so thankful we have teachers like you on CZcams 🙂

  • @volt-un6sh
    @volt-un6sh Před 4 lety +150

    How lucky the institute and students are!!!
    The way he teach, the way he explain & examples are extra-ordinary.
    Salute to u Sir....

  • @rajasekhary2675
    @rajasekhary2675 Před 4 lety +141

    Sir, You are a great teacher. Only with the help of watching your videos I have completed B.Com and M.Com by correspondence at the age of 47. I request all Hindi known commerce students watch Sir's videos and get good marks.

  • @Godussop_for_you
    @Godussop_for_you Před 5 lety +525

    Aaise samjhane vala life mein koi miljai toh bass👌🏻👌🏻👌🏻👌🏻👌🏻👌🏻👌🏻👌🏻

  • @harshijain6968
    @harshijain6968 Před 3 lety +7

    M science student and now m doing MBA sir ki batte aisi h ki kbi b sun lo learn kr lo ek ek word bilkul shi or knowledgeable aise teachers bht km hote we r blessed to have u sir🙏🙏

  • @EntertainmentChannelwaleedjan

    I am watching the video from Pakistan.I had graduated from top Pakistani institution but can't understand the concept of Accounting.
    Thank you Lala g😉♥️
    Much respect and love for you!

  • @arabianseagull
    @arabianseagull Před 2 lety +6

    CA. Mr. Naresh Aggarwal you are an excellent teacher/instructor/narrator in financial accounting.

  • @fizapathan8651
    @fizapathan8651 Před 4 lety +45

    A message to those who are sitting in front of him , while he is teaching. You people are lucky. as graduation builds foundation , you have luckily got a brilliant , interactive and engaging teacher. cherish every moment. I consider myselves lucky too as im attending his lectures online.

  • @pranaliviveklasnedubey530

    Hello sir..u are best ..kash humare time pe aapke jaise teacher hote..

  • @mandeepsinghvlogs9102
    @mandeepsinghvlogs9102 Před 3 lety +10

    This video will cross millions of like in the coming future. This video is full of concepts and examples.Thanks a lot to the Teacher🙏🙏🙏 Everybody should watch this video

  • @raajureddy8605
    @raajureddy8605 Před 3 lety +6

    Legend personality for easy understanding of accounts🙏🙏🙏🙏

  • @adarshnathaniel8520
    @adarshnathaniel8520 Před 3 lety +30

    The Best Explaination possible👌. Made it easier for even a science student like me ✌. We need more teachers like you sir.

  • @mahendrathakur26
    @mahendrathakur26 Před 4 lety +2

    Jo teacher padhate samay har baat example se samjhata hai wo mera interesting teacher hota hai. Its my luck sir that I got you on youtube Heartly Thanks to you sirji🙏🙏

  • @mantolbaloch4948
    @mantolbaloch4948 Před 2 lety +4

    Sir, the way u teach is just impressive, I wish all the teachers would adopt ur teaching method.

  • @PoojaYadav-wy6fg
    @PoojaYadav-wy6fg Před rokem +1

    I'm from IT background jisko kuch bhi knowledge nhi tha accounts ka...bahut achha samjhaya sir aapne or ekdum basics se..very nice 🙂

  • @1712rajendra
    @1712rajendra Před 4 lety +12

    Sir your the best teacher of account on this planet

  • @naziyakhan3876
    @naziyakhan3876 Před 2 lety +1

    aap dunya ke sabse best teacher ho agar aap jaise sab hojaye to padhai aasan or interest aayega

  • @Zeeshan_Chaudhry
    @Zeeshan_Chaudhry Před 3 lety +3

    Love from Pakistan .
    thanks sir for your lectures.
    its better than our uni lectures.
    iwish hmary teacher bhi apki trah smjha skty.

  • @anjumshaikh3175
    @anjumshaikh3175 Před rokem +2

    Teachers like u make sub easy even having difficult subject. I must say Sir U have up to the mark teaching skills.... First time I m loving accounting. Keep it up sir!

  • @ShahbazAli-hc6vo
    @ShahbazAli-hc6vo Před 4 lety +15

    Thanks for awesome lecture.. that's the difference between normal teacher and CA ... Non commerce students can easily learn anything from this channel
    ..

  • @garimasingh3475
    @garimasingh3475 Před 3 lety +2

    Inna achhe se to collage me sir nhi smjhate the aap ne bahut achhe samjhaya sir thanku

  • @vaishnavi2701
    @vaishnavi2701 Před 3 lety +30

    Lockdown best teacher in students life

  • @ananyapal4652
    @ananyapal4652 Před 4 lety +2

    It's too good sir... Humko itna samjhmai Aa raha hai ki ab to hum aap ko vi samjha daigai. 🙏🙏🙏🙏🙏

  • @ishanchoudhary2279
    @ishanchoudhary2279 Před 5 lety +26

    Brilliantly Explained! Thank you for the video...We need more teachers like you Sir

  • @tahsinmahiat2553
    @tahsinmahiat2553 Před 2 lety +2

    Sir I am from Bangladesh.Trust me ur teaching method is incredible. May Allah bless u

  • @pirzadafirdous9052
    @pirzadafirdous9052 Před 3 lety +4

    After watching ur lectures, accountancy looks easy...

  • @bint.eibrahim8804
    @bint.eibrahim8804 Před 3 lety +2

    I am from pakistan .
    Sir ... Thank you ... For this lec ... 😊 mujh accounting smjh e nai a rhi thi pr es lec k bd lg raha h k itni mushkil ni h accounting jitna m smjh ri thi 😊😊😊

  • @froggyq1112
    @froggyq1112 Před 5 lety +3

    Your students are luckey who have a teacher like you. I wish i would meet you in person some day and thank you.

  • @NANDA-rt9zf
    @NANDA-rt9zf Před 3 lety +3

    Sir I passed accounting for managers subject watching your videos..thank you so much

  • @sizzatullah
    @sizzatullah Před 6 lety +8

    So simple your method of teaching and amazingly engaging and conveying !

  • @atifgamer1689
    @atifgamer1689 Před rokem +4

    In ko nobel prize milna chahiye

  • @as-you-wish247
    @as-you-wish247 Před 3 lety +17

    extraordinary performance sir!
    #love from Pakistan

  • @user-fv5hb4iq3u
    @user-fv5hb4iq3u Před 2 lety +1

    I like how the simplify very high level complex problems I am an CPA candidate and I listen to you in my free time to make sense of things and it really helps thank you so much I would love to meet you someday

  • @Dailyinspirations786
    @Dailyinspirations786 Před 5 lety +3

    I m from pakistan. Your teaching style is very good and easy to understand. Wish to be your student. I will keep watching your videos. Stay blessed

  • @GURNAM3
    @GURNAM3 Před 4 lety +1

    Sir, U are Great for free ACCOUNTS service to Nation. GOD BLESS YOU AND YOUR FAMILY.

  • @Happy_Singh_Rajput
    @Happy_Singh_Rajput Před rokem +3

    You are a perfect example of a perfect teacher 🔥🔥❤❤ !!

  • @abhayrajsharma01
    @abhayrajsharma01 Před 4 lety +2

    Sir 5 march 2020 ko mera accounts ka paper hai.....and puri tyari ho gyi hai... Class 12th . Apki playlist ne bahut help kiya sara confusion jo mind me aata hai wo aap bata dete hai.....and sir apki video muje 12th me aane ke baad mili...
    Or 12th ka pre-board me to 70 marks tha..out of 80
    Aab bs board me bhi itna lana hai...😊😊😊. .
    Thankyou sir bahut sara thankyou...
    Aaj ye video dekh raha kyuki mind me achank aaya ek baar 11th ke start wali video dekhu sir ne start kaise krwaya tha...
    Aapke jaise tearche sb hote to padhne me mja aata😋

  • @zubairshafiq6328
    @zubairshafiq6328 Před 3 lety +49

    MashAllah Sir. Love from Pakistan.

  • @daudsuleman4428
    @daudsuleman4428 Před 4 lety

    kiya kamaal ka teacher hai aesa teacher mil jae kon kehta kaay koi bacha pass naa hoo pass kaa hayal bhe zehan saay nikal doo janab 100 percent banda correct hogaa.

    • @md.arbaaz_ali7717
      @md.arbaaz_ali7717 Před 4 lety

      HLO ~ aap BBA kr rhi ho yaa B.com
      .
      Plzz reply kriyega bhayya🙏😒

  • @netlessgurasees6109
    @netlessgurasees6109 Před 4 lety +3

    best teacher of accountancy. sir, clears all the doubts of mine

  • @srishaacharya9977
    @srishaacharya9977 Před 2 lety +2

    The way he is teaching this! ....I wish everyone gets this type of understanding teacher!!♥️

  • @sravanthikasula1583
    @sravanthikasula1583 Před 4 lety +15

    Guru ji... Your such a genius 🙏🏼🙏🏼
    What a theory Sir.. no words to say... Your great.. I'll never forget the concepts after watching your videos. Kudos to you..thank you so much Sir.. !!

  • @jijo5792
    @jijo5792 Před 4 lety +1

    Bhagwan ho aap sir....god bless you..Bhagwan aapko aapki family Ko bhut khusiyaa dai aap sabko apni knowledge dete rehna..

  • @nitishakhanna5331
    @nitishakhanna5331 Před 6 lety +3

    Sir aap itna accha kasse samjha lete ho..
    Thankyou soo much sir..
    You are the best

  • @DreamFirms
    @DreamFirms Před rokem +2

    Thank you so much for this educational video, I learned so much.

  • @abhisingh1545
    @abhisingh1545 Před 4 lety +3

    Sir You Explain Very Clear And Suitable For Accounting Students Thanku So Much Sir

  • @randeepsingh4448
    @randeepsingh4448 Před 4 lety +2

    Sir u are the worlds no 1 teacher in the world

  • @AbdulGani98
    @AbdulGani98 Před 2 lety +15

    I used to stay away from Finances because I hardly got a teacher who could have explained me in simple, understandable, and relatable way!
    Thank you so much!

  • @freestylegamer7058
    @freestylegamer7058 Před 3 lety +1

    Thankyou sir b com 1 year ke saat consept aise hi samjhna

  • @jyotsnapatankar4447
    @jyotsnapatankar4447 Před 3 lety +10

    Thank you so much Sir . For explaining the concept so beautifully. No body will forget the concepts life time. Concepts are taught considering confusion of students. 🙏

  • @akibbakshi5223
    @akibbakshi5223 Před 5 lety

    I have completed my b.com in 2017 and I m doing the job in Kuwait but I 4got all my accounting, so I m recovering it through ur reliable videos.i hope I will get all my required and 4gotten data...Thank u sir..

  • @Delhi_living_diaries
    @Delhi_living_diaries Před 4 lety +4

    You're really great sir 👏 ... specially your examples...your way of teaching is incredible 👏

  • @hameedmhr4296
    @hameedmhr4296 Před 3 lety +2

    Sir to good aj kisi sir na itna acha se nai study karwya

  • @nileshmotwani4108
    @nileshmotwani4108 Před 4 lety +4

    Excellent explanation...Real life examples makes it so easy to understand.

  • @haleemashafiq8475
    @haleemashafiq8475 Před 3 lety +6

    Sir,
    You are a great great great teacher.❤
    From Pakistan

  • @sujathakankanala5646
    @sujathakankanala5646 Před 4 lety +17

    Thank you so much sir. Your explanation is wonderful✨

  • @anshbeerbisht6280
    @anshbeerbisht6280 Před 3 lety +1

    Sir you are amazing god bless you sir kal mera exam hai mai aaj puri raat ko aapki videos ke through saare doubt clear kar lungi
    Thank you sir

  • @poonambhatia5161
    @poonambhatia5161 Před 4 lety +4

    The class was inexplicably amazing...it all seemed very easy

    • @abhayank6384
      @abhayank6384 Před 4 lety

      Poonam Bhatia can you help me and tell best free accountancy teacher

  • @shalujain4537
    @shalujain4537 Před rokem +1

    You r d best teacher...style of teaching is too 👍🏻 gud n easy to understand everyone...

  • @ahmadamiri5841
    @ahmadamiri5841 Před 5 lety +5

    Sir I am Ahmad i have watched your lessons it is so useful thanks again

  • @wingsoffire9804
    @wingsoffire9804 Před 3 lety

    Super intelligent teacher very experienced Kash pehle ye channel Kyu Nhi mila mujhe 3 din baad accountancy ka exam ha Lekin Kuch v Samj Nhi aya tha Abi Samj aaya to time hi Nhi ha

  • @malikabdulqadeerchannar9354

    Thank you sir...I am from Pakistan..both nice samjhaya apny. ..love from Pakistan...💖

  • @ChiragMehta__
    @ChiragMehta__ Před 2 lety +1

    Thank you sir ji
    Aap ke video se bhut motivation milta hai pdne me
    BBA ke sab subject ke video dal dene sir thank you so much ❤️🥰

  • @motishrestha5572
    @motishrestha5572 Před 4 lety +11

    Thank you sir! the way you explain each and everything so clearly with examples is so wonderful that its really making me to watch more on accounting to enrich my knowledge.Wonderful!!

  • @gayatrisengar579
    @gayatrisengar579 Před 2 lety +1

    finally got interest in accounting. thanks to this legend.

  • @surendraprakashsingroha2853

    Sir, I liked your teaching style..... I am a Bank Manager and from technical background....... In all your videos you are referring some books.......Kindly show name of book, its publisher and also image of book so that we can buy the same and coordinate it while watching your video............ Thanks a lot sir.........

    • @CANareshAggarwal
      @CANareshAggarwal  Před 5 lety +16

      I use self made notes you can download from our android app named academy of accounts

    • @SMART-PREP
      @SMART-PREP Před 3 lety

      @@CANareshAggarwal where from I can get any logo (photo) of this app

    • @abhisheknegi8689
      @abhisheknegi8689 Před 3 lety

      @@SMART-PREP visit the website...see description for website there yo will find app

    • @SMART-PREP
      @SMART-PREP Před 3 lety

      @@abhisheknegi8689 thnxxx dear

  • @sparmar1022
    @sparmar1022 Před 2 lety +2

    Sir ab bahut achhe se padate ho thanks sir

  • @user-jj4tb6vw8l
    @user-jj4tb6vw8l Před 4 lety +6

    Thanks Guruji for quality teaching 🙏🙏🙏🙏

  • @princisrivastava9328
    @princisrivastava9328 Před 5 lety +1

    Nice sir kya padhate h aap bhot Achche se samjh aa rha h

  • @sohitrajput7233
    @sohitrajput7233 Před 4 lety +6

    Best teacher I have ever seen hands of to u sir really an outstanding teacher u r my first and last wishes to meet u only

  • @indiantraveller194
    @indiantraveller194 Před rokem +1

    गुरु जी आप के पढने का तरीका बहुत ही अच्छा होता है । आप को तहे दिल से मेरा प्रणाम । प्रणाम स्वीकार करे ।🙏😘🇮🇳

  • @DhirajKumar-by9iq
    @DhirajKumar-by9iq Před 5 lety +12

    Thank you very much sir for this lecture. You taught it in very simple manner.

  • @bhatzahida5367
    @bhatzahida5367 Před 3 lety +2

    Thank you sir lots of love from kashmir

  • @najibahmad5901
    @najibahmad5901 Před 5 lety +3

    Sir , your way of teaching method is just fab 👌 and attractive, you doing good job keep it up, I'm so impressed 👿

  • @kanav2074
    @kanav2074 Před 3 lety +2

    Thank you so much sir bhot ache se concept clear ho gya 🙏♥️😇

  • @PujaKumari-kl9kh
    @PujaKumari-kl9kh Před 6 lety +5

    U r right business hi krte h
    Business mai hi to mja h

  • @anjumjafri1714
    @anjumjafri1714 Před 3 lety +1

    Waah bhai bade heavy teacher ho tam te

  • @bappy_888tm7
    @bappy_888tm7 Před 5 lety +3

    Sir, Thank you so much! Your explanation is very clear and very easily understandable without doubt or confusion. I have joined myself in your class until I get full knowledge and concept of Accounting. ""MR. BAPPY - ACCOUNTANT - DUBAI, UAE.""

  • @manashmelodies9040
    @manashmelodies9040 Před rokem +1

    aishe parhao ge to koi fail nehi karega sir ❤ You are just awsome 😎

  • @gopalsharma3751
    @gopalsharma3751 Před 5 lety +12

    Amazing sir your doing commendable job

  • @bilqees2284
    @bilqees2284 Před rokem +1

    Starting cycle example 😂 accounting subject se piyar hogya ❤️🔥

  • @monazir_vlogs
    @monazir_vlogs Před 5 lety +41

    wonderful sir, thnx a lot for explain about financial accounting.

  • @sumantbachewar5346
    @sumantbachewar5346 Před 2 lety +1

    Sir your way of teaching is fantastic. This are very helpful videos. Thank you.

  • @Motivationkeera
    @Motivationkeera Před 5 lety +5

    Really sir u are teaching different way,
    Logically, mathematically and easy way.
    And ..funny example....
    U r the best teacher from other
    Waah!😗😍😍😍🤗😘😘

  • @Mayurikyvlogs
    @Mayurikyvlogs Před 5 lety +2

    Sir ap bhut acha sa smjhty ho. 😇thnk you so much sir

  • @NaZiaCookZ
    @NaZiaCookZ Před 3 lety +5

    Useful lecture, very well explained. Looking forward to many such lectures. 👍

  • @An_AspirantBhatB
    @An_AspirantBhatB Před 3 lety +2

    From #KashmirValley
    Lots of love 🥰👍
    Preparing for jkssb Panchayat Accounts Assistant 😆🤣🤣🤣🤣🤣!
    Making possible impossible that's our jkssb 🤣🤣!!
    But we keep focus on 📚📚📚📚❤️📚👩‍🏫👩‍❤️‍👨📚📚📚📚

  • @saanikagupta1508
    @saanikagupta1508 Před 4 lety +4

    One of the best tutors on youtube. So glad for your videos! You explain the topics with such ease and so effortlessly..!

  • @snehakumari37
    @snehakumari37 Před 4 lety +2

    Waooo....!!!! W8 a nice explanation Sir. ...I am so thankful to have a teacher like uu....👌👌👌👌👌👌

  • @tanwirshah4141
    @tanwirshah4141 Před 4 lety +3

    Marvellous sir ji as the tactics and ur art of teaching really appreciable

  • @shaiknazia4025
    @shaiknazia4025 Před 2 lety +1

    Your are great sir👍aap bohat achey se samjhatey ho sir.....Thank you very much sir

  • @hakkimabdula
    @hakkimabdula Před 5 lety +18

    i loved this session. very good with logical explanations

  • @Rahulmeena-li8hb
    @Rahulmeena-li8hb Před 4 lety

    You teach so well,I am banker and preparing for JAIIB,but following your vedios for basic understanding.Science student.

  • @ranajitthingbaijam8695
    @ranajitthingbaijam8695 Před 4 lety +6

    A gem on youtube you are Sir

  • @darshanaupadhyay7674
    @darshanaupadhyay7674 Před rokem +1

    Bahut ache se samjaya hai aapne sir,dhanyavaad

  • @vilesh8543
    @vilesh8543 Před 5 lety +5

    Thanks for explaining meaningfully. Aapne hamien aapke karzdar(creditor) Bana diya.

  • @nabzs3241
    @nabzs3241 Před 4 lety

    maths ke liye sabse badhiya channel asish kumar lets learn.....kasam se mazza aah jayega

  • @garimasoni9883
    @garimasoni9883 Před 4 lety +13

    Accounting assumptions 14:00
    Accounting Equation 27:00

  • @chetnasharma883
    @chetnasharma883 Před 6 měsíci +2

    Very clearly understand each concept thank u sir 😊