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Accounts subject(All commerce and accounting students must read this because it is very useful Post to them): 1) Accounts is the one of the oldest subject because some archaeologists found the evidence of accounting records on clay tablets from Egypt and Mesopotamia,as early as 2000 to 3300 BC.., according to ThoughtCo article. 2)The five basic principles of accounting plays a crucial role but so many of us didn't know what they are: Revenue recognition principle Historical cost principle Matching principle Full disclosure principle and Objectivity principle. 3)There are three golden rules in accounting.they are: #Debit - the recover , credit - the giver (personal  accounts) #Debit - what comes in , credit - what goes out (Real accounts) #Debit - all expenses and losses , credit - all incomes and gains (nominal a/c)                     About father of accounts in india The...
About chartered accountancy:(Practically) 1)Chartered accountancy is one of the most prestigious course in our country. 2)Based on the recent statistics,on an average it's pass percentage is 10 to 20. 3)The salary of a qualified chartered accountant is 7.5 to 10 lakhs per annum. 4)The stipend of a ca students at articles is 1500 to 5000 in most cases. 5)ca students have an opportunity to do degree,MBA,CMA,CS and LLB(if you are interested) 6)Chartered accountancy is one of the toughest course comparitively. 7)Chartered accountancy is the degree which we are getting by spending less money,but more efforts. 8)Due to no proper guidance,most of the ca students failed.because most institutions not take care on students after syllabus completion.institutions feel that completion of syllabus is only their responsibility.(As per my knowledge) 9)CA is one of the course which gives more respect to you in society at early age without spending more money. 10)It is one of the best co...