Questions & Answers

Keeping or preparation of the financial records of transactions of the firm, the analysis, verification and reporting of such records and "the principles and procedures of accounting"; it also refers to the job of being an accountant. + More - Less

in an easy way i can say that Accounting is like keeping score in a game, but instead of points, you're keeping track of money.

Accounting is the process of recording, summarizing, and analyzing financial transactions to provide useful information for making business decisions.

Accounting is the process of recording, summerising and classifying the transactions into usefull information for the stakeholders (i.e. investor, debtors, creditors etc)

accounting is keeping records of all financial transactions(Examples of financial transactions include cash,receipts, deposit)related to an individual or an company.