SCHOOL - School of Management

DEPARTMENT – Institute of Business Management

CLASS – MBA
COURSE – Financial & Management Accounting
COURSE CODE – F010702
ROLL NO. – 03
NAME – Nishi Chauhan
SUBMITTED TO – DR. Sanjeev Kumar Singh
p.p.t
presentation
 ACCOUNTING
• It is system of recording and summarising business and financial transaction and
analysing, verifying and reporting the results.
• Earlier accounting was considered simply as a process of recording business
transaction and the roles of account however
• Accounting is now considered to be a tool of management providing vital information
concerning the organisation future
• Availability of acoounting in any business transactions ignities the business to run
with efficiency.
 PURPOSE OF ACCOUNTING

• To record transaction daily

• To help in paper plann