Accounting mostly known as language of business. Through the financial statements, the end products reports in accounting, it delivers a different information to each users.
And here's the definition of Accounting:
Because accounting requires the use of skills and creative judgement. To be able to perform accounting function well, it has to be trained in this discipline.
By studying the definition alone, we learned the important things in accounting. It also can give accountant an idea of what they'll do.
One little things you do in your everyday life can also encounter to some level of accounting. Like an habit of listing things you spent money with at one point in your life.
Wherever we go, there's business. From managing our own money to seeing profit statement of big corporations. And if there is business, there sure is Accounting.
Accounting is an art of recording, classifying, in a significant manner and in term of money, transactions, and event which are, in part at least of financial character, and interpreting the result there of.Why Accounting considered as an Art?
Because accounting requires the use of skills and creative judgement. To be able to perform accounting function well, it has to be trained in this discipline.
By studying the definition alone, we learned the important things in accounting. It also can give accountant an idea of what they'll do.
One little things you do in your everyday life can also encounter to some level of accounting. Like an habit of listing things you spent money with at one point in your life.
Wherever we go, there's business. From managing our own money to seeing profit statement of big corporations. And if there is business, there sure is Accounting.
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