- Practice and body of knowledge concerned primarily withmethods for recording transactions,
- keeping financial records,performing internal audits,reporting and analyzing financial information to the management, andadvising on taxation matters.It is a systematic process of identifying, recording, measuring, classifying, verifying, summarizing, interpreting and communicating financial information. It reveals profit or loss for a given period, and the value and nature of a firm's assets, liabilities and owners' equity.
No comments:
Post a Comment