4.23.2012

WHAT IS ACCOUNTING


WHAT IS ACCOUNTING

Accounting is the art of
 Recording
 Classifying and
 Summarizing
 In a significant manner and in terms of money
 Transactions and Events
 In part at least, of a financial character,
 And interpreting the result thereof

According to American Accounting Association (Widely Accepted Definition)

The process of identifying, measuring and communicating economic information to permit informed judgements and decisions by the users of accounts.



FINANCE AND ACCOUNTING COURSES:
1.C.A
2.CMA(INDIA)
3.C.S