Principles of Accounting – Easy Education Bangladesh

About Course

Paper Code: 112501	Marks: 100	Credits: 4	Class Hours: 60 hrs.
Paper Title	Principles of Accounting

Course Content

Chapter-1 Accounting – The Language of Business
Definition and Scope of Accounting, Its role and Functions, History of Accounting, Purpose and Nature of Accounting InformationUsers of Accounting Information. Branches of AccountingNature of Business and Accounting.

Chapter-2 Conceptual Framework for Financial Accounting
FASB Conceptual Frame for Financial Accounting-First Level: Basic Objectives (SFAC- 1); Second Level: Qualitative Characteristics of Accounting Information (SFAC-2); Third Level: Operational Guidelines.

Chapter-3 The Accounting Process
Double-Entry Accounting System. Accounting Equation – Effects of Transactions on the Accounting Equation. The Account-Classification of AccountsSelection of Account titles-Chart of Accounts-Coding-Rules of Debit and Credit-Balancing and Normal Balance-Recording (Bookkeeping). Aspect of Accounting Cycle: Documentary Evidence and Identification, Analysis and Recording of Transactions and Other Events-Journalization-Posting to the Ledger-Preparation of Trial Balance-Limitations of Trial Balance, Errors and their Rectification

Chapter-4.1 The Adjusting Process & Completing Accounting Process
Key aspects of the Accrual basis of accounting, Cash accounting and Break-up basis of accounting-Adjustments-Adjusted Trial Balance

Chapter-4.2 Worksheet
-Preparation of Work Sheet-Closing Entries-Post-Closing Trial Balance-Reversing Entries.

Chapter-5 Merchandising Operations and Accounting System
Merchandising Operations and Classifying Inventory-Purchases, Sales, Other Use or Loss and Returns of Merchandise Inventory-Periodic and Perpetual Inventory Systems and Journal Entries-Specific Identification Method and Inventory Cost Flow Assumption (FIFO, LIFO and Average Cost).

Chapter-6 Accounting Systems and Special Ledgers

Chapter-7 Control of Cash

Chapter-8 Accounting for Receivable and Current Liabilities

Chapter-9 Financial Statements

Chapter-10 Financial Statement Analysis

Student Ratings & Reviews

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About Course

Course Content

Chapter-1 Accounting – The Language of Business Definition and Scope of Accounting, Its role and Functions, History of Accounting, Purpose and Nature of Accounting InformationUsers of Accounting Information. Branches of AccountingNature of Business and Accounting.

Chapter-2 Conceptual Framework for Financial Accounting FASB Conceptual Frame for Financial Accounting-First Level: Basic Objectives (SFAC- 1); Second Level: Qualitative Characteristics of Accounting Information (SFAC-2); Third Level: Operational Guidelines.

Class Brief

Class-1 Requirement 1-7

Class-2 Requirement 8-13

Class-3 Requirement 14-26

Class-4 Requirement 27-28

Class-5 Requirement 29

Class-6 Requirement 30

Class-7 Requirement 31

Rectfication Error Brief

Chapter-4.1 The Adjusting Process & Completing Accounting Process Key aspects of the Accrual basis of accounting, Cash accounting and Break-up basis of accounting-Adjustments-Adjusted Trial Balance

Class Brief

Class-1 Requirement 1

Class-2 Requirement-2

Class-3 Requiremnet-3

Class-4 Requirement 4-7

Adjustement Quize

Chapter-4.2 Worksheet -Preparation of Work Sheet-Closing Entries-Post-Closing Trial Balance-Reversing Entries.

Class-1 Requirement 1-3 Solve Class

Class-1 Requirement 1-3 Solve Class-1

Class-1 Requiremnet 1-3 Solve Class-2

Class-2 Requirement 4-5

Class-3 Requirement -6

Class Brief

Class-1 Requirement 1-2

Class-1 Requirement 1-2 Solve Class-2

Class-2 Requirement 3-5

Class-3 Requirements 6-12

Class-4 Requirements 13-20

Chapter-6 Accounting Systems and Special Ledgers

Class Brief

Chapter-7 Control of Cash

Chapter-8 Accounting for Receivable and Current Liabilities

Chapter-9 Financial Statements

Chapter-10 Financial Statement Analysis

Class Brief

Class-1 Requirement- 1-13

Student Ratings & Reviews

Happy New Year-2026

Chapter-1 Accounting – The Language of Business
Definition and Scope of Accounting, Its role and Functions, History of Accounting, Purpose and Nature of Accounting InformationUsers of Accounting Information. Branches of AccountingNature of Business and Accounting.

Chapter-2 Conceptual Framework for Financial Accounting
FASB Conceptual Frame for Financial Accounting-First Level: Basic Objectives (SFAC- 1); Second Level: Qualitative Characteristics of Accounting Information (SFAC-2); Third Level: Operational Guidelines.

Chapter-4.1 The Adjusting Process & Completing Accounting Process
Key aspects of the Accrual basis of accounting, Cash accounting and Break-up basis of accounting-Adjustments-Adjusted Trial Balance

Chapter-4.2 Worksheet
-Preparation of Work Sheet-Closing Entries-Post-Closing Trial Balance-Reversing Entries.