Accounting is the measurement, processing, and communication of financial information about a business. It has been called the "language of business". The modern field was established in 1494 by Luca Pacioli, though accounting has existed for thousands of years in ancient civilizations. Accounting is important as it aids management, replaces memory, provides evidence for courts, facilitates business sales, and settles taxation liabilities. There are two main types: financial accounting and management accounting.
Accounting is the measurement, processing, and communication of financial information about a business. It has been called the "language of business". The modern field was established in 1494 by Luca Pacioli, though accounting has existed for thousands of years in ancient civilizations. Accounting is important as it aids management, replaces memory, provides evidence for courts, facilitates business sales, and settles taxation liabilities. There are two main types: financial accounting and management accounting.
Accounting is the measurement, processing, and communication of financial information about a business. It has been called the "language of business". The modern field was established in 1494 by Luca Pacioli, though accounting has existed for thousands of years in ancient civilizations. Accounting is important as it aids management, replaces memory, provides evidence for courts, facilitates business sales, and settles taxation liabilities. There are two main types: financial accounting and management accounting.
Accounting is the measurement, processing, and communication of financial information about a business. It has been called the "language of business". The modern field was established in 1494 by Luca Pacioli, though accounting has existed for thousands of years in ancient civilizations. Accounting is important as it aids management, replaces memory, provides evidence for courts, facilitates business sales, and settles taxation liabilities. There are two main types: financial accounting and management accounting.
Suroj Shrestha Nirajan sir BHM 3C Contents • Introduction • History of Accounting • Importance of Accounting • Types of Accounting • Conclusion Introduction • It is the measurement, processing, and communication of financial information about business. • Accounting, which has been called the "language of business“. History of Accounting • The modern field was established by the Italian mathematician Luca Pacioli in 1494. • The history of accounting is thousands of years old and can be traced to ancient civilizations. Importance Of Accounting • Aid to management • Replacement of memory • Evidence in court • Sale of business • Settlement of taxation liability Types of Accounting • Financial Accounting • Management Accounting Examples of Accounting Conclusion • Accounting plays vital role in any organization. • Every organization have to practice.