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What is meant by accountancy? What …

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What is meant by accountancy? What is difference between accountancy and accounting ?

Posted by Omkar Gaikwad 3 years, 7 months ago

CBSE > Class 11 > Accountancy

1 answers

Sia ? 3 years, 7 months ago

They are more or less interchangeable. Accounting has different meanings and in one sense refers to the process of keeping or maintaining financial records; while accountancy, according to OED, specifically refers to the duties(which consists of accounting, bookkeeping, auditing, etc.) or profession of an accountant.

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