What Is Management Accounting?

Accounting is one of the most important concepts to a company. There are three major parts to accounting and they are Auditing, Analysis, and Reporting. Accounting is the process by which the accountant measure, discloses or provides assurance about the financial condition of a business or organization. The word “accountancy” comes from the Latin phrase […]

Small Business Accounting Basics

Accounting or accountancy is basically the scientific measurement, interpretation, and communication of financial information about non-financial financial entities like corporations and companies. This includes the recording of decision points, events, transactions, information, and transactions regarding a specific company, entities, individuals, and other related subjects. Accounting is often used to represent the difference between what is […]