Alla Volodina York University - Basic Accounting Concepts

If you find yourself struggling with understanding of basic accounting concepts but want to start your University accounting career with confidence to get good grades in University (including York University), consider reviewing the following topics before your first day of class.

  • Cash
  • Accounts Receivable
  • Current Liabilities
  • Long-term debt
  • Inventory
  • Capital Assets
  • Cash-flow statement

If you are in your second or third year of university (including York University) and would like to get ready for the upcoming year and you are majoring in accounting, consider reviewing the following topics.

  • Revenue Recognition
  • Cash and Account Receivables
  • Investments
  • Inventory
  • Acquisition of Property, Plant and Equipment
  • Amortization, Impairment and Disposition
  • Goodwill and Other Intangible Assets
  • Non-Financial and Current Liabilities
  • Long-term Financial Liabilities
  • Income Taxes
  • Shareholder’s Equity
  • Complex Financial Instruments
  • Earnings per Share
  • Pension and Other Employee Future Benefits
  • Accounting Changes and Error Analysis
  • Leases
  • Statement of Cash-flows

These topics were suggested by AllaVolodina (York University) who teaches various accounting topics including Intermediate Accounting at York University.

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