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Comments

  2. Respected Sir,

    If I listen to all the lectures, Read all the opentution notes and practice the latest kit 2 to 3 times, will I be able to pass? Is all that sufficient to pass or should I Read a text book as well or study from other materials?

  6. Dear Sir

    Could you please make a sound in all videos louder, if it is possible? As it is very hard to hear something while traveling in train or underground.

    Thank you in advance.
    Kind Regards
    Yuna

    • Hi,

      It is great to hear that you are making the most of your commute to work but if you are struggling to hear the lectures then I have to suggest purchasing better earphones that reduce the impact of external noise.

      Thanks

      • I don’t think there is a definitive answer but I would use the term “accounting principle” to mean the reason/basis for the “accounting treatment” which arises from the application of the principle. So, for example, that a provision must meet the definition of a liability is a principle – application of that principle means that contingent liabilities are (mostly) disclosed.

        The term “generally accepted accounting principles” (GAAP) of course has a more specific meaning – e.g. that it means all the rules and guidelines that must be followed. In this case, I think there is no distinction between an accounting principle and an accounting treatment.

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