transactionASC:

Accounting is a service activity. Its function is to provide quatitative information primarily financial in
nature about economic entities, that is intended in making economic decisions.

AAA:

Accounting is the process of identifying, measuring, and communicating economic information to permit
informed judgements and decisions by the users of information.

AICPA:

Accounting is an art of recording, classifying, summarizing in significant manner in terms of money,

transaction and event which atleast in part of financial character and interpreting result thereof.