Preface to Accounting
Accounting is a term that
has been known to mankind ever since the evolution of the Ancient Era. Since
then, man has constantly dived into the crux of this subject to unleash every
bit of its detail. In this process, Double-entry bookkeeping was founded
followed by the formation of joint-stock companies. This is how the study of
Accounting went on to expand with each passing era.
The term ‘Accounting’
deals with the measurement of an organization’s economic activities that are
recorded by Accountants. These are then transferred to many users like
investors, creditors and managers. This field of study is largely divided into
several categories. Some of them are financial accounting, management
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For those who want to hold
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