Accounting Principles | Explained with Examples

In this accounting lesson, we explain different accounting principles that the entity needs to apply when preparing financial information. We also give examples of applying each accounting principle when preparing financial information.
Users of Financial Information | Explained with Examples: • Users of Financial Inf...
Timestamps
1) Principle of consistency: 01:22
2) Accrual principle: 03:01
3) Matching principle: 05:10
4) Prudence principle: 06:32
5) Realisation principle: 07:12
6) Materiality principle: 08:26
7) Business entity principle: 10:33
8) Going concern principle: 10:57
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[@shastangy]

Thank you for explaining this simply and not using complicated examples

[@TheRealisticOG]

The best video so far on UA-cam about Accounting Principles 🎉

[@nthabiseng.mabee8mabee918]

This is perfect, simplified with examples, loud and clear.
I have been yearning for South Africans to do this. Look forward for more.

[@Gift_uozondo]

Good explanations 👌🏿 load and clear . Was very helpful indeed

[@teikout]

Really good explanations! Helped me with my assignment a lot! Many thanks :)

[@kiwiloveme5523]

Awesome explanation! I currently work in consumer lending and I'm finishing my associates degree. In 4 months I'll be taking this class. I'm trying to get ahead of the game! I feel much more comfortable after watching this video. Thank you sir :)

[@user-ok7yj7os6i]

You too you are the one best teacher for me thanks alot for your explanation

[@DreamFirms]

Had a great time watching your content!

[@erandiwasana7292]

Clearly explained.Thank you.

[@aaroacademy]

Thank you for this Presentation. Much appreciated.

[@kirabogift8900]

Thank you so much. I have understood.👍👍👍👍

[@mbanweinoela8158]

Wow so is so simple to understand ,thanks

[@subhibhashanee8884]

Well-explained !

[@anganilegondwe6457]

The best explanation ever...

[@ROSEMARLE]

And your going to be my online accounting lecturer 🙏😌

[@yamiletheisele500]

Excellent! Thank you!

[@camillakanani898]

Thank you so much

[@mulbahpnurse3468]

Thanks so much for the presentation

[@conqueringruler4283]

Thank you!

[@Elanwallace1983]

very helpful. thank you.

[@wimbainashejambwaregota9626]

really gud thank you

[@obeyaboniface1810]

Thank you so much, I have understood to the fullest

[@zuzukadafi7372]

Thx for this explanation ,

[@usmanal-mudznihl.7846]

can you upload a example each accounting concepts with debit and credit entry plsssss

[@peterenger6016]

❤ I love your teaching

[@lovedika1]

Thanks Sir

[@Aymanbaki000]

thank you

[@johnowino1423]

Thanks!!!

[@devicemushumani5715]

This is understandable if you can please help me through accounts for non profit making organisations

[@musinguzienock8714]

Well explained sir but more principles

[@tramy8564]

Thanks to your video. I have a question that: If the company's revenue in financial statement is higher than actual amount, what account principle that the company has violated?

[@emmanuelmwansa3890]

Thank you

[@dynicelily5120]

Am going in the exam room right now and i feel like i knpw everything

[@KhalilSonic]

Did you pass?

[@MBilal-uf8tm]

Same

[@ariszeenabasir10b83]

Did you pass?

[@brilliantjuvenile2641]

After a year i m

[@andrewphole772]

Informative

[@robertmusilli7658]

great

[@najjingosumayiah1889]

Thanks

[@user-hg1sc4pl3d]

Hello can u please make a video on non current assets depreciation and on assets disposal

[@fredyrosales295]

Thanks.

[@abubakaribrahim5047]

Thanks what's the name of this lecturer so that we can search for UA-cam

[@ramsim5081]

❤️!

[@user-jx7sy7vg7y]

Kep up it treinerers

[@blackbutterfly6004]

Blurred?

[@His_royaltie]

Thanks

[@wilsonsikazwe7887]

Thank you

[@ivyayi8734]

Thanks