Accounting knowledge is not just the asset of a business man. Even you and I need to know the basic concepts of Accounting to lead a prudent life with smart financial decisions. In that case, knowing the basic concepts is mandatory for every individual.
Accounting is a subject dealing with numbers and columns. Accounting students find tallying balance sheets and arriving at final outputs as a challenging aspect in learning Accounting. Even the smartest students find balance sheets as overwhelming as they are caught unawares at the neck of the moment and are unable to pick out the mistakes committed by them.
Most students tend to pick up random topics for study here and there and this may not be the best approach. The textbook is organized in a sequential manner on purpose and the lessons later on require knowledge of the previous ones. Always study in a sequential manner especially when it is accounting. Most online accounting tutors too recommend the same thing and this is one of the very first things a student must know before he/she ventures into studying the subject.