Meaning of Accounting in Simple Words
Introduction of Accounting
In simple words accounting is a process that holds a record about financial aspects in written method either bookkeeping. In other words, we can say that Accounting is a process that keeps information about the money being exchanged in any organization or business in writing.
Introduction to Accounting within the current age is the age of exchange for commercial enterprise and commerce. After Globalization, liberalization, and privatization, commercial enterprise is growing day by day and turning into complicated. It collects data and communicates economic information about the organisation to a good sort of users whose decisions and actions are associated with its performance.
Introduction to Accounting may be a systematic technique of deciding recording measuring classify verifying some rising interpreter and speaking monetary information.