What is accounting?

Accounting is simply understood as the work of recording, receiving,

processing, checking, analyzing and providing economic and financial
information in the form of value, in kind and labor time of an organization. ,
an enterprise, a state agency, a private business establishment…. Accounting
is an important part of economic management.

Understanding the concept of what is accounting capital in the course of its

operations.

Accounting can be divided into two types:

Public accounting: Accounting is carried out in units that do not operate in a

business nature, do not take profits for the purpose of operation, such as
social organizations, state organizations, etc.

– Corporate accounting: Is a type of accounting in businesses, operating with

the main goal of making a profit.