BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Accountancy is referred to as the process of recording financial transactions that take place in a business. The Accounting process involves summarising, reporting and analysing the information to be used by various users of Accounting information.

Detailed explanation-2: -Accounting, which is often just called “accounting, ” is the process of measuring, processing, and sharing financial and other information about businesses and corporations. What is accounting? Accounting is the processor keeping the accounting books of the financial transactions of the company.

Detailed explanation-3: -Accounting is the process of assessing, recording, and communicating financial transactions. Organizations and individuals do accounting to develop a detailed understanding of their financial situation.

Detailed explanation-4: -Accounting is organizing and summarizing financial data for a business. Working in accounting involves a variety of tasks, including analyzing financial data and auditing a company’s finances.

Detailed explanation-5: -Accounting is a term that describes the process of consolidating financial information to make it clear and understandable for all stakeholders and shareholders. The main goal of accounting is to record and report a company’s financial transactions, financial performance, and cash flows.