Append below are the following major Accounting concepts which the author has provided for in his other accounting blog which hopefully explains the concept in a simple manner for readers to understand:-
Key Accounting Concepts/Convention/Principles
In a business in order to account to shareholders/investors/authorities, the financial statements need to follow a certain fixed period of reporting say [...]

FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four, Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.
Also author to another very popular free educational accounting cum finance blog: http://basiccollegeaccounting.com under the branding of College Accounting Coach.
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