CMA Foundation Accounts | Fundamentals Of Accounting | L1 | Dec 2026 & June 2027 | MBA Harsh Agarwal

CMA Foundation Accounts | Fundamentals of Accounting | Lecture 1 | Dec 2026 & June 2027 | MBA Harsh Agarwal | Akash Agarwal Classes In this lecture of CMA Foundation Accounts, MBA Harsh Agarwal Sir covers TOPIC in complete depth. This lecture is part of the Free Regular Accounts series designed for students appearing in the Dec 2026 & June 2027 CMA Foundation Exams. Whether you are learning the topic for the first time or revising, this lecture gives you exam-ready clarity with step-by-step explanations, and past-paper question solutions. 🔗 IMPORTANT LINKS: 👉🏻 Join CMA Foundation WhatsApp Community: https://chat.whatsapp.com/JTPCDpyDTV7... 👉🏻 Fill the CMA Foundation Google Form: https://forms.gle/rPhwWZE6ZhsUTPVm7 👉🏻 Access CMA Foundation Notes at just ₹1: https://aac.courses.store/890136?utm_... 📌 SUBJECT-WISE PLAYLISTS: 👉🏻 CMA Foundation Maths:    • CMA Foundation Maths | Shoorveer Batch | D...   👉🏻 CMA Foundation Accounts:    • CMA Foundation Accounts | Shoorveer Batch ...   👉🏻 CMA Foundation Law:    • CMA Foundation Law | Shoorveer Batch | Dec...   👉🏻 CMA Foundation Economics:    • CMA Foundation Economics | Shoorveer Batch...   📚 What You Will Learn: ✔️ Meaning and Concept ✔️ Important Terms ✔️ Practical Examples for Better Understanding ✔️ Exam-Oriented Questions ✔️ Important Points for CMA Foundation Accounts ✔️ Strong Foundation for Upcoming Topics 🚀 SUCCESS BATCH SEASON 11 – SHOORVEER BATCH ⚔️ This batch is specially designed for CMA Foundation Dec 2026 students who want to build strong concepts from the basics and stay consistent throughout their CMA journey. 🎯 ABOUT AKASH AGARWAL CLASSES: Akash Agarwal Classes is India's leading CMA coaching institute with 10+ years of expertise in CMA Foundation, Intermediate, and Final. We have trained 25,000+ students with 100% FREE lectures, notes, mock tests and doubt-solving sessions. Our goal is to make CMA preparation accessible to every aspiring student across India. 🔔 SUBSCRIBE to our channel and ring the bell icon 🔔 to never miss a June & Dec 2026 CMA preparation lecture! ▶️ Related Videos you should watch next: 1. Previous chapter in Accounts — see playlist above 2. Next chapter in Accounts — see playlist above 3. Full CMA Foundation Accounts playlist — see playlist links above 👍 If this lecture helped you, please LIKE, SHARE and COMMENT below — it helps us reach more CMA aspirants. Comment ""DONE"" if you have completed this lecture! 📌 Timestamps 00:00 – Intro 6:03 – Lecture begins: Fundamentals of Accounting theory overview 9:36 – What is Bookkeeping? (financial performance vs position) 11:00 – AICPA definition of Accounting (1961) 15:38 – American Accounting Association definition (1966) 18:01 – Users of Accounting: owner, bank, government 22:11 – Objectives of Accounting (5 key points) 26:16 – Functions of Accounting (identify, measure, record, communicate) 31:48 – Bookkeeping vs Accounting vs Accountancy (narrower/wider concepts) 35:12 – Fundamental Accounting Assumptions intro 35:19 – Concept 1: Business Entity Concept (owner vs business example) 41:12 – Concept 2: Going Concern Concept 44:39 – Concept 3: Periodicity/Accounting Period Concept 48:08 – Concept 4: Money Measurement Concept 49:59 – Concept 5: Accrual Concept 55:02 – Concept 6: Dual Aspect Concept (Assets = Liabilities + Capital) 57:03 – Closing remarks & next lecture schedule #CMAFoundationAccounts #FundamentalsOfAccounting #CMAFoundation2026 #CMAAccounts #SuccessBatchSeason11 #akashagarwalclasses #CMAFoundation2027 #ShoorveerBatch #CMAAccounts #ICMAI #FreeCMAFoundation #MBAHarshAgarwal [CMA Foundation Accounts, Fundamentals of Accounting CMA Foundation, Fundamentals of Accounting, CMA Foundation Fundamentals of Accounting Lecture 1, CMA Foundation Accounts Lecture 1, Accounting Basics CMA Foundation, Accounting Principles, Accounting Concepts, Rules of Debit and Credit, Classification of Accounts, Accounting Transactions, CMA Foundation Accounting, CMA Foundation Accounts Classes, MBA Harsh Agarwal, CMA Foundation Accounts Dec 2026, CMA Foundation Accounts June 2027, Shoorveer Batch, Success Batch Season 11, Free CMA Foundation Classes, ICMAI Accounts, CMA Foundation Preparation]