During my 3 decades in IT, I have come across many consultants who are really scared or accounting and debit/credit. I have prepared this chapter for such consultants so that they can understand basics of accounting. This will make them do the implementation better.

Lesson Summary

In this chapter, the author aims to help IT consultants who may be apprehensive about accounting principles like debit and credit. By understanding the basics of accounting, these consultants can improve their implementation work in the field of IT.

• The chapter serves as a guide for IT consultants who lack knowledge in accounting.
• The author shares insights and explanations to make accounting concepts more accessible.
• Understanding accounting basics can enhance the consultants' proficiency in IT implementation projects.