Accounting

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ACCOUNTING
WHAT IS ACCOUNTING?
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ACCOUNTING
WHY IS ACCOUNTING IMPORTANT?
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Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions.
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ACCOUNTING
THANK YOU FOR YOUR ANSWERS
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ACCOUNTING
okay class accounting is a big help to students With some accounting knowledge under your belt, you'll gain a deeper understanding of what goes on with your personal finances and learn important skills, such as how to effectively track expenses and work within a budget.
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Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows.

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