Accounting concepts
Philosophy of Social Sciences |
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Textbook
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Additional References
How the topic is discussed in NCERT Books
Useful websites
Reference Books
Teaching Outlines
Please describe the key ideas to be conveyed in this section. Also broken down in details by each idea
Key Idea # 1 - Introduction to accounting concepts
What are the key ideas to be covered
Accounting concepts are basic to understanding accountancy. These concepts provide the basis for the book keeping as well as financial / cost / management accounting processes. There are a large number of accounting concepts. In addition there are also important accounting conventions.
Learning objectives
What are accounting concepts
Notes for teachers
These concepts are very thought provoking and hence can be learnt through a participatory discussion mode. For each concept, students can debate - why do we need this concept, whether the concept conflicts with another concept etc.
Activity No #
- Estimated Time
- Materials/ Resources needed
- Prerequisites/Instructions, if any
- Multimedia resources
- Relevant local connections - people, places and materials
- Website interactives/ links
A few slide presentations give a good idea of these concepts and conventions Simple and clear slide show
- Process
- What questions can you ask
- Assessments - incorporating elements of CCE
- Question Corner
Activity No #
A second simple and clear slide show
- Estimated Time
- Materials/ Resources needed
- Prerequisites/Instructions, if any
- Multimedia resources
- Relevant local connections - people, places and materials
- Website interactives/ links
- Process
- What questions can you ask
- Assessments - incorporating elements of CCE
- Question Corner
- Why do we need accounting concepts
- Who has created / developed these accounting concepts