What is Accounting?
Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities.
Accounting consists of three basic activities -identifies, records and communicates the economic events of an organization of interested users. Let’s take a closer look at these three activities.(read more)
Accounting consists of three basic activities -identifies, records and communicates the economic events of an organization of interested users. Let’s take a closer look at these three activities.(read more)
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