Accountancy an-introduction

PRATIBIMB ( The Infant Future)

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WHY ACCOUNTANCY ?

FROM WHERE IT EMERGED ?

WHAT’S IT’S USE ? BY PARIMAL SINGHAL


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IMAGINE YOU ARE A STUDENT (WHICH YOU CERTAINLY ARE).

WHAT IS YOUR YEARLY PLAN?

GOING TO SCHOOL/CLASSES OBVIOUSLY ,

ATTENDING LECTURES OF DIFFERENT FACULTIES,

TAKING NOTES OF THOSE LECTURES,

SEPARATELY RECORDING THOSE NOTES IN THEIR RESPECTIVE SUBJECT REJISTERS


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SO THAT FINDING A PARTICULAR TOPIC IS EASY,

LEARNING ALL THE TOPICS COVERED IN YOUR NOTES,

REVISING THEM REPEATEDLY,

MAKING SUMMARIES FROM THOSE NOTES

SO THAT THEY BECOME HANDY FOR A QUICK REVISION BEFORE EXAM,

WRITING YOUR EXAMS &


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THEN SITTING BACK & WAITING FOR THE ONLY THING

YOU TOILED SO HARD FOR THE YEAR ROUND, TOOK SO MUCH PAIN FOR

ANY GUESSES WHAT IS THAT

OK NO OFFENCES -----‘THE REPORT CARD ’ – OFCOURSE

YOUR PERFORMANCE CARD --- DISPLAYING YOUR MARKS GOOD OR BAD WHATEVER…………


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NOW I WOULD

TAKE U TO A BRAIN

STORMER


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JUST IMAGINE THAT THE LANGUAGE IN USE IN YOUR SCHOOL/CLASSES

WAS NOT THE ONE YOU WERE FAMILIAR WITH

JUST IMAGINE IT ------ AND GO TO THE FLASH BACK &

RELIVE THE ENTIRE YEARLY JOURNEY WE JUST DISCUSSED

WHAT DO YOU FIND YOURSELF IN -------- ONLY IN DEEP INCAPACITY !!!!


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NOW U CAN’T UNDERSTAND THE LECTURES RENDERED (ATTENDED)

U CAN’T TAKE NOTES

U CAN’T CLASSIFY THEM IN SEPARATE SUBJECT REJISTERS

U CAN’T LEARN THEM

U CAN’T PREPARE SUMMARIES

U CAN’T WRITE YOUR PAPERS


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SO WHAT WILL U GET IN REPORT CARD ------

A BIG ZERO

ACTUALLY YOU WON’T BE ABLE TO GET YOUR PERFORMANCE JUDGED

&GET THE REPORT CARD PREPARED…………………………


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ALL THIS MISERY ----

IS JUST THE COURTESY OF ---

LANGUANGE IGNORANCE --------

& NOT YOUR INCAPACITY TO STUDY & PERFORM.


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LIKEWISE, THINK YOU

ARE BUSINESSMAN

NOW


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NOW LETS LIVE HIS YEARLY PLAN

ENTERING INTO DAILY BUSINESS TRANSACTIONS

MAKING PURCHASES, SALES, PAYING EXPENSES, RECEIVING INCOMES, BUYING FIXED ASSETS, TAKING LOANS, REPAYING LOANS, & SO ON…….


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THE ABOVE PROCESS GOES THROUGHOUT THE YEAR

YOU TOIL SO HARD 12 MONTHS


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WHY ARE YOU TAKING SO MUCH PAIN MAN ? WHY ?

JUST TO MAKE GOOD PROFITS THAT’S IT !!

BUT HOW YOU ARE GOING TO KNOW THE RESULT OF ALL YOUR YEAR LONG EFFORTS ??????


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THE ENTIRE DISCUSSION COMES DOWN TO KEEPING A TRACK

RECORD OF ALL WHAT HAPPENED IN THE

ENTIRE YEAR – LITERALLY OF ALL

BUSINESS TRANSACTIONS !!!!!!!!!!!

!!!!!!!!!!!!!!!!!!!!!!!!


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NOW WHAT ???????

HOW WILL YOU MAINTAIN BUSINESS RECORDS ?

DO YOU KNOW ANY LANGUAGE WHICH CAN READ & RECORD BUSINESS TRANSACTIONS ??????


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THE ANSWER IS A BIG NO !!!!!!

THE SAME PROBLEM IS CONFRONTED

NOW, SAME AS YOU FACED AS A

STUDENT !!!!!!!!!!!!!!!!!!


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THE PROBLEM OF

LANGUANGE IGNORANCE??

????


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YOU NEED A LANGUAGE WHICH

TELLS YOU HOW TO READ ?

HOW TO WRITE BUSINESS

TRANSATIONS ?


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SO MY FRIEND STUDENT

NOW YOU CAN VERY WELL MAKE OUT

WHAT IS ACCOUNTANCY ?

WHY DID IT COME INTO EXISTENCE ?

WHY WE NEED IT ?

AND WHY YOU ARE GOING TO STUDY IT ?


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ACCOUNTANCY IS NOTHING

BUT A LANGUAGETHAT ENABLES

READING &

WRITINGOF

BUSINESS TRANSACTIONS-- PARIMAL SINGHAL


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MY DEAR FRIENDS TIE ONE THUMB RULE WITH YOUR INSTINCTS

THAT BEFORE LEARNING ANY NEW TRADE OR SUBJECT YOU SHOULD AWARE YOURSELF OF THE REASON, PUSPOSE BEHIND THE EXISTENCE OF THAT PARTICULAR TRADE/ SUBJECT,

SO THAT YOU CAN DO JUSTICE TO YOUSELF AS WELL AS TO THE SUBJECT.


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BY PARIMAL SINGHAL

THE END

Accountancy an-introduction

Education

Transcript of Accountancy an-introduction