- published: 25 Jun 2014
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Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in selecting the information that is relevant to the user and is reliable. The principles of accountancy are applied to business entities in three divisions of practical art, named accounting, bookkeeping, and auditing.
The American Institute of Certified Public Accountants (AICPA) defines accountancy as "the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof."
Accounting is thousands of years old; the earliest accounting records, which date back more than 7,000 years, were found in Mesopotamia (Assyrians). The people of that time relied on primitive accounting methods to record the growth of crops and herds. Accounting evolved, improving over the years and advancing as business advanced.
Learn Accounting in 1 HOUR First Lesson: Debits and Credits
Is Accounting a Good Major?
Accounting for beginners #1 / Debits and Credits / Assets = Liabilities + Equity
Why choose a career in accounting?
Accounting 1: Program #2 - "Basic Accounting Concepts"
Accounting Basics 1.1 - Definitions
Introduction to accounting in english - Journal Ledger Trial balance Entries in very simple method.
Careers: The Real World of Accounting
What I Do For A Living & Why To Choose Accounting {CPA, Public Accounting, Industry}
What It's Like to be in Public Accounting & How Much Money External Auditors Make
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Te perdí y no supe ver tu necesidad
tus ganas de huir, de echar a volar
la vida es así y así te perdí
Te perdí y no supe ver tu necesidad
tus ganas de huir, de echar a volar
la vida es así y así te perdí
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