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FASB is powerful indeed, but as I quietly mentioned in the first paragraph, it is not responsible for what is known as the “generally accepted accounting principles” (GAAP). FASB hashes out the more detailed rules for the increasingly complex world and standards of business accounting. This article is primarily concerned with the GAAP, but it’s difficult to talk about accounting without mentioning FASB. 
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Financial Accounting 2013 video playlist - by Professor Victoria Chiu from the Rutgers Business School
Peter John Baskerville's insight:
Video lectures include the following topics:
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This is not your typical accounting course! Professor Turner has taught thousands of students basic accounting. He has developed shortcuts and analogies to make learning accounting easy. If you want to understand this subject in a simple, fun way then this brief introductory course is for you. This course will show you the very basics of accounting. You can complete it inabout an hour. The course includes videos of the instructor at the whiteboard. You will complete simple quizzes to reinforce what you have learned. This course is intended for business owners, business students, managers or anyone who wants to understand basic accounting. It presents the information in anunderstandable format. Even if you have taken an accounting course you will find the material insightful. The course introduces The Accounting Equation (One you can understand!)Balance SheetsIncome StatementsDebits and Credits (And how to know which is which!)Why Profit Does Not Equal Cash!If you have dreaded the thought of learning accounting, this is exactly the introduction you will welcome! Why should take this course? You are a business owner. You want your business to succeed and you know that you need a better understanding of how the numbers are put together. You are a manager. You deal with accounting staff, bookkeepers, owners and subordinates. You hear accounting terms daily but you want to know more about what accounting means. You are a business student. You dread taking your first accounting course. Or maybe you are in an introductory class right now. It all sounds so complicated. You want to find a simple explanation of what you are trying to learn. You are an accounting student. You feel that you really did not get a firm grasp of the basics. You would like to start from scratch in an easy to learn format.
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This animated video will help you understand the history and definitions of the terms Debit and Credit as they are used in Accounting. http://www.scribd.com/...
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Fundamental Managerial Accounting Concepts 6th edition is intended for the managerial accounting course taken primarily by sophomores at both two and four year schools. Adopters of Edmonds’ Fundamental Financial Accounting Concepts may be interested in this text for their managerial courses. This book is also a fit for schools moving away from Principles of Accounting texts to splits and/or schools that find their current text to be too encyclopedic and would like a text integrating a more user-oriented perspective.
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Test banks to see if you understand the basic accounting concepts.
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The Central Board of Secondary Education (abbreviated as CBSE) is a Board of Education for public and private schools, under the Union Government of India. These accounting articles help students prepare for the CBSE exams.
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A free course by Massachusetts Institute of Technology OpenCourseWare.This course studies basic concepts of financial and managerial reporting. The viewpoint is that of readers of financial and managerial reports rather than the accountants who prepare them.
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Small Biz U is an informative website hosted by the Kutztown University of Pennsylvania. It contails easy-to-learn accounting lessons using attractive Powerpoint slides. Small Biz U talks about the fundamentals of accountancy. At the end of the slides you can test your knowledge by taking quizzes which cover the different subjects in the lecture.
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A web site with lots of lectures and videos about accounting. Accounting World provides you with all the information that you need to know about accounting. After browsing through the lessons, you can test your proficiency by taking Accounting World’s exams. The website also offers job openings for qualified applicants.
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Financial accounting is the field of accountancy basically concerned with the preparation of financial statements for the use of decision makers, such as stockholders, banks, suppliers, government agencies, employees, owners and other stakeholders. It is the reporting of the financial performance and position of a company through financial statements issued to external users such as investors, banks etc. on regular intervals.
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Learn the basic accounting principles for FREE at AccountingCoach.com. Understand how these generally accepted accounting principles affect the financial statements.
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Alanis accounting tutorials on: Introduction to Financial Statements (Part 1)
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Links to FREE resources curated by Hector Garcia of Intuit that will help you to read and understand Financial Statements.
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You can learn Accounting and Financial reporting by reading this free book “Business Accounting” online. It is a good book, written by Joe Hoyle, an associate professor of accounting at the Robins School of Business, University of Richmond and C. J. Skender, University of North Carolina at Chapel Hill.
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17 chapters are available onlineand covering the accounting you need to operate a business. The ebook contains opening and closing videos for each chapter, Socratic questioning, embedded multiple-choice questions, expert discussions and a “research assignment” to help students explore further information.
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A Basic insight into the world of Accounting, Types, Principles and Costing Techniques.
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16 videos covering a Basic insight into the world of Accounting, Types, Principles and Costing Techniques.
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This is the first section in a course designed to help accounting students fully understand the concept of debits and credits in Accounting. Ebook: http://ww...
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Generally accepted accounting principles (GAAP) is a term that refers to a set of basic guidelines, detailed rules and standards and generally accepted practices used throughout the accounting industry in preparing and standardizing financial statements, such as balance sheets, income statements and cashflow statements.
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Covering topics such as :Users of Accounting Information, Types of Accounting, Types of Financial Statements, Statement of Financial Position, Income Statement, Statement of Cash Flow, Statement of Changes in Equity, Relationship between Financial Statements, Purpose of Financial Statements, Limitation of Accounting & Financial Reporting,
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A series of 19 tutorial videos by CXO Learning Academy covering topics such as: GAAP Constraints, Assumptions GAAP, GAAP Principles, Generally Accepted Accounting Principles, Revenue and Expenses, An Overview Tutorial, Accounting Concepts - Assets, Accounting Concepts- Owners Equity - Accounting Concepts - Liabilities.
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By Dr. Asokan Anandarajan Initially giving students an insight into key financial accounting concepts needed for effective decision-making. The course then builds on traditional concepts of managerial accounting followed by strategic cost reduction and waste/inefficiency reducing techniques such as Value Chain Management and Activity Based Management. The focus of the course,helps students understand and use managerial accounting data in executive planning and control.
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Accounting tutorials and online accounting lessons, tutorials, articles, questions and exercises with solutions. Great accounting study material for students and accounting refresher for accountants, managers and business owners.
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A series of 11 videos that cover the three broad areas of (1) Cash versus accrual accounting (2) Three core financial statements and (3)Depreciation and amortization. With a library of over 3,000 videos covering everything from arithmetic to physics, finance, and history and hundreds of skills to practice, Kahn Academy is on a mission to help you learn what you want, when you want, at your own pace.
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Accounting articles include guides and answers. Accounting guides explain application of accounting principles in practice. Great assistance if you are looking for real-life accounting situations.
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This video series is for those new to accounting or individuals who just want to know a little more about accounting basics. That is my target audienc...
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A comprehensive article on the key components of accounting including an explanation of: