Basics Accountancy

| Tuesday, March 8, 2011


Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The principles of accountancy are applied to business entities in three divisions of practical art, named accounting, bookkeeping, and auditing.
Accountancy is defined by the Oxford English Dictionary (OED) as "the profession or duties of an accountant".
Accounting is defined by the American Institute of Certified Public Accountants (AICPA) 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.







Download Tips

No doubt, information is the highway to greatness in life. In a bide to obtain such information one is forced to get it whenever it appears online. One is please and satisfy with the rate of such information transfer if it is very fast. But the reverse is case when the data transfer ( i.e. bits or bytes per second ) is very slow. One is bound to waste time to be used for other demanding issues on a slow data transfer. But you can get out of this mess and speed up the rate of data transfer of your computer by applying the tips in this article.

Change or upgrade your connection. Your internet service provider render service according to your subscription. There is a limit speed associated with each connection. So, go for subscription that meet up with your need. If you are using dial-up connection, make use of Broadband connection for faster speed output. The broadband has Direct Service Line ( DSL) or a cable connection to be chosen for maximum performance.


No comments:

Post a Comment