Accounting

Accounting

 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
 to record, classify and summarize business transactions and
events, and afterward to interpret their outcome
 an art: apply practical knowledge, experience and skills.
 it demands critical thinking and creative skills
 gather relevant data of the business then convert them into
organized financial reports and draw certain economic
meaning from them
