You must be sure of your ability to learn something as long as you have the desire and readiness, and you must be proud of your accounting profession. For you to satisfy yourself, the development of accounting science from the process of recording commercial transactions to a science that has a principle and a scientific basis I mean, as an accountant, you will have a financial or economic event that you will translate into accounting information. The economic events can be summed up in the buying and selling operations, the change in assets and liabilities, and the change in property rights. After analyzing the events, they are recorded, posted, and classified in the form of lists and Final accounts help the beneficiaries in making the decision, and this is what is meant by the process of translating economic and financial events into the decision-makers. This book also reviews the problems and treatments related to fixed assets, the nature of assets and depreciation, causes of depreciation and factors that affect the depreciation calculation, in addition to methods for determining depreciation and accounting treatment for the depreciation premium. It also reviews the accounting treatment of intangible assets and the problems related to them. In addition, it deals with current assets and accounting treatment for inventory account and problems related to inventory and determining the value of the balance of the end of the period with practical examples.