CA Foundation Accounting Chapter 1 | Lecture 2 | Procedural Aspects of Accounting

Welcome to GKPro Academy – CA Prep!
This is Lecture 2 of CA Foundation Accounting (Paper 1) based on the latest ICAI Study Material (May 2026 onwards).

In this class, we cover the Definition of Accounting, and procedural aspects of accounting to help you build strong fundamentals for CA Foundation.

This lecture is ideal for:
✔ CA Foundation beginners
✔ Students preparing from ICAI Study Material
✔ Commerce students who need conceptual clarity
✔ Repeaters looking for structured revision

⭐ What You’ll Learn in This Chapter

1. Definition of Accounting
2. Procedural Aspects of Accounting
3. Evolution of Accounting as a Social Science
4. Objectives of Accounting
5. Bookkeeping - Meaning & Difference from Accounting
6. Sub-Fields of Accounting
7. Users of Financial Information
8. Relationship of Accounting with other Disciplines
9. Limitations of Accounting
10. Role of Accountant in Society

⭐ Why Learn with GKPro Academy?

At GKPro Academy, we make Accounting simple, clear, and exam-focused with our signature approach: Concepts • Numericals • Clarity
All classes are prepared strictly as per ICAI Study Material, under the guidance of CA Kiranjeet Kaur.

⭐ Free Notes & Practice PDFs

Coming soon! Stay tuned.

⭐ If You Are Starting Your CA Journey…

This playlist will help you build the right foundation before moving into journal entries, Ledger, Trial Balance, and other numerical topics.

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