Accounting is the art of recording financial transactions, classifying them, and summarizing the results in a meaningful manner. It involves gathering relevant business data, organizing it into financial reports, and interpreting the economic outcomes. Accounting requires critical thinking, creative skills, and the application of practical knowledge to record, report, and analyze the financial aspects of a business.
Accounting is the art of recording financial transactions, classifying them, and summarizing the results in a meaningful manner. It involves gathering relevant business data, organizing it into financial reports, and interpreting the economic outcomes. Accounting requires critical thinking, creative skills, and the application of practical knowledge to record, report, and analyze the financial aspects of a business.
Accounting is the art of recording financial transactions, classifying them, and summarizing the results in a meaningful manner. It involves gathering relevant business data, organizing it into financial reports, and interpreting the economic outcomes. Accounting requires critical thinking, creative skills, and the application of practical knowledge to record, report, and analyze the financial aspects of a business.
the art of recording, classifying and summarizing in
a significant manner and in terms of money, transactions and events which are in part at least of financial character and interpreting the results thereof to record, classify and summarize business transactions and events, and afterward to interpret their outcome an art: apply practical knowledge, experience and skills. it demands critical thinking and creative skills gather relevant data of the business then convert them into organized financial reports and draw certain economic meaning from them