游戏电竞选手

Read our Explanation (2 Parts) free

Our Explanation of Accounting Principles provides you with clear and concise descriptions of the basic underlying guidelines of accounting. You will see how the accounting principles affect the balance sheet and income statement.

Part 1 Introduction to Accounting Principles, Underlying Accounting Principles, Assumptions, etc.
Part 2 The Effect of Accounting Principles on Financial Statements
Take our Practice Quiz free

This 20-question quiz is a fast way to assess your understanding of the Accounting Principles Explanation. It's also a great warmup for our Quick Test.

Review our Q&A free

We've answered 243 popular questions related to the topic Accounting Principles. Review them all or use the search box found at the top of each page of our website for your specific questions.

Review our Flashcards

Our flashcards for the topic Accounting Principles will help you master key terms and definitions. You can view them on any device or print them out.

Solve our Word Scramble free

If you find Accounting Principles terminology difficult, this Word Scramble will provide clues (scrambled answers) to assist you.

Solve our Crossword Puzzle #1 free

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Accounting Principles in a more fun format.

Solve our Crossword Puzzle #2 free

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Accounting Principles in a more fun format.

Solve our Crossword Puzzle #3 free

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Accounting Principles in a more fun format.

Review our Cheat Sheet

Our Accounting Principles Cheat Sheet gives you a brief but clear understanding of 13 of the basic underlying accounting principles, assumptions, and guidelines and their impact on the financial statements.

Take our Quick Test

This graded 20-question test measures your understanding of the topic Accounting Principles. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.

Certificate of Achievement

Certificates of Achievement

We now offer 10 Certificates of Achievement for Introductory Accounting and Bookkeeping. The certificates include Debits and Credits, Adjusting Entries, Financial Statements, Balance Sheet, Income Statement, Cash Flow Statement, Working Capital and Liquidity, Financial Ratios, Bank Reconciliation, and Payroll Accounting. Click here to learn more.

PRO Testimonial
"Getting a lifetime PRO membership at AccountingCoach was one of the best investments I have ever made in the field of accounting and finance. AccountingCoach makes accounting concepts and principles easy to understand and I have learned a great deal from using AccountingCoach in the last few years. I am a licensed tax preparer and I took accounting courses many ages ago. Having 24/7 access to a well-organized set of materials on a wide range of topics on accounting and bookkeeping has been very valuable to me. It has helped me stay up-to-date with my knowledge and understanding of modern-day accounting concepts, and as a result, better digest and dissect financial statements given to me by my business clients. Thank you, AccountingCoach." - Anonymous
View PRO Features →