CA Foundation Accounting Chapter 1 | Lecture 4 | Bookkeeping, Sub-fields, Users & Relationships

Welcome to GKPro Academy – CA Prep!
This is Lecture 4 of CA Foundation Accounting (Paper 1) based on the latest ICAI Study Material (May 2026 onwards).

In this class, we cover the following topics from ICAI Study Material:
1. Meaning & Importance of Bookkeeping
2. Difference between Bookkeeping & Accounting
3. Sub-Fields of Accounting
4. Users of Financial Information
5. Relationship of Accounting with other Disciplines

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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