ACCOUNTING
"The Process of Identifying, Measuring and Communicating Economic Information to permit informed judgments and decisions by users of the information”
“A System of Collecting, Summarizing, Analyzing and Reporting Information about a Business Enterprise, in Financial (Monetary) terms.”
The Process of Accounting is spilt into three streams, namely:
Financial Accounting
Cost Accounting and
Management Accounting
"The Process of Identifying, Measuring and Communicating Economic Information to permit informed judgments and decisions by users of the information”
“A System of Collecting, Summarizing, Analyzing and Reporting Information about a Business Enterprise, in Financial (Monetary) terms.”
The Process of Accounting is spilt into three streams, namely:
Financial Accounting
Cost Accounting and
Management Accounting