Xiao Bai is a newcomer in the accounting industry and is very confused about the complicated accounting knowledge. After a period of study and practice, I gradually mastered the basic knowledge of accounting, especially the knowledge of double-entry bookkeeping, accounting subjects and accounting standards. Here, I will share some of my personal experiences, hoping to help other accountants.

double-entry bookkeeping

Double-entry bookkeeping is the basis of accounting, which represents accounting elements such as loans and borrowings through symbols such as A, B or A and B. Mastering double-entry bookkeeping can better understand the basic principles of accounting.

Title in the account book

Accounting is the basic unit of accounting and the method of classifying and summarizing economic business. Although accounting subjects seem abstract, as long as you master its accounting rules, you can easily carry out accounting.

Accounting standards

Accounting standards are the basic norms of accounting, which stipulate the basic principles, methods and procedures of accounting. Learning accounting standards can help us better understand the logic and laws of accounting, thus improving the accuracy and reliability of accounting.

Deepen learning

After mastering the basic knowledge of double-entry bookkeeping, accounting subjects and accounting standards, we can further learn other accounting knowledge, such as financial statement analysis and cost accounting. Only by continuous study and practice can we continuously improve our accounting level.

Study the rules carefully.

Accounting standards are the basic norms of accounting, so we should study accounting standards seriously, not casually. Only by deeply understanding the requirements and regulations of accounting standards can we conduct accounting correctly and avoid mistakes and loopholes.