Accounting Concepts and Principles

There are many accounting concepts and principles used with preparation and presentation of financial information. When you understand these, you will be able to read financial statements and make better decisions as an investor and/or owner of a company.  

There are over 100 principles with accounting. Some are intuitive, others are argumentative; but, all are set in place in order to have consistency throughout the profession and application. 

The following articles are educational in nature and designed to teach the fundamentals of accounting. They are written assuming the reader is a novice as it relates to accounting. Please take your time and read to gain a better understanding of the accounting concepts and principles.

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