In view of the coronavirus pandemic, we are making LIVE CLASSES and VIDEO CLASSES completely FREE to prevent interruption in studies
Principles and Practice of Accounting > Accounting Concepts and Principles and Conventions

Accounting Concepts and Principles and Conventions

Accounting is a science as well as an art. And like in any field of science there are certain rules and regulations that accounting must follow. Otherwise, every accountant would have his own methods and interpretation of preparing books of accounts. So to standardize the process we have accounting concepts, accounting principles, and accounting conventions. Let us take a look.

Share with friends

Get Question Papers of Last 10 Years

Which class are you in?
No thanks.