What is accountancy?
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Posted by Arjun Kashyap 5 years, 6 months ago
- 2 answers
Meghna Thapar 5 years, 6 months ago
Accountancy is the practice of recording, classifying, and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization.
Advantage of accounting :
- Comparison of financial of financial results with other firms. (iii) Helps in decision making by providing relevant information. (v) Providing information to interest parties and user. (vi) Accounting record business records in systematic manner.
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Łegënď Gàmïñg 5 years, 5 months ago
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