Top 4 Videos on Accounting Process for CA Foundation Principles and Practices of Accounting by PW

Accounting Process can be challenging because you need to understand how transactions are recorded, classified and adjusted. You may find it difficult to remember journal entry rules, apply partnership adjustments or prepare final accounts without missing details. Revising several chapters together can also make it harder to recall the correct accounting treatment.

PW videos help you revise these topics through concept explanations, practical examples and full-day revision sessions. You can begin with journal entries, strengthen your understanding of partnership and company accounts, and revisit major topics before your CA Foundation examination.

Video 1: Revise the Complete Accounting Syllabus with a Full-Day Marathon

This full-day revision marathon covers a wide range of CA Foundation Accounting topics, including journal entries, rectification of errors, inventory, bills of exchange and depreciation. It also includes partnership dissolution, retirement and death of a partner, final accounts, incomplete records and NPO accounting. Company account topics include the issue of shares and debentures, bonus and rights issues, and redemption. Examples and revision pointers help you revisit important accounting treatments and formats. 

Use this video after completing individual chapters to recap the syllabus and identify topics that need more practice.

Before starting, refer to the CA Foundation Accounting syllabus to understand the topics covered in the paper and plan your video revision accordingly.

Video 2: Strengthen Partnership Concepts with a Focused Revision Marathon

This revision marathon covers partnership accounting and the Bank Reconciliation Statement. You can revisit partnership fundamentals, goodwill treatment, admission of a partner, retirement, death and dissolution of a firm. The lesson also includes LLP-related concepts and timestamped sections that make it easier to return to specific topics.

If you find partnership adjustments difficult to remember, use this video to revise how different changes affect the accounts of a firm. It also helps you revisit bank reconciliation concepts alongside partnership topics during your CA Foundation preparation.

After revising the concepts, practise questions from different topics using CA Foundation Accounting Important Questions to check your understanding and identify areas that need further revision.

Video 3: Cover Major Accounting Topics in One Full-Day Revision 

This full-day revision video brings together partnership accounts, admission, retirement, death, dissolution and piecemeal distribution. It also covers depreciation, sole proprietor final accounts, manufacturing accounts, incomplete records, NPO accounts, company accounts, Bank Reconciliation Statement, rectification of errors, bills of exchange and inventory valuation. 

The video includes a theory revision section and question practice across these topics. You can use it after completing chapter-wise learning to revisit important concepts, recognise gaps in your preparation and practise switching between different types of accounting questions.

Video 4: Learn Journal Entries and Account Classification Through Practical Examples

This video introduces the basics of the Accounting Process through journal entries and the accounting equation. It explains traditional and modern approaches to recording transactions, followed by the classification of personal, real and nominal accounts. Examples cover natural and artificial persons, assets, income, expenses, profit and loss. 

You also get questions and practical exercises to apply the concepts. If you are beginning this chapter or making errors while recording transactions, watch this video first to understand account classification and practise selecting the correct journal entry.

For the final stage of preparation, use the CA Foundation Accounting revision strategy to plan your revision, practise questions and review topics where you make mistakes.

These four PW videos help you approach CA Foundation Accounting revision at different levels. Start with the journal lesson to strengthen your basics, use the partnership video to revisit specific adjustments, and watch the full-day marathons to recap major chapters. Combine video revision with regular question practice to improve your understanding of accounting treatments, recall important formats and build accuracy for the CA Foundation examination.