Accounting or accountancy is the measurement, processing and communication
of financial .... Accounting has variously been defined as the keeping or
preparation of the financial records of an entity...
the skill, system, or job of keeping the financial records of a business or person.
Source: Merriam-Webster's Learner's Dictionary. Examples: accounting in a ...
The systematic and comprehensive recording of financial transactions pertaining
to a business. Accounting also refers to the process of summarizing, analyzing ...
The definition of accounting is the process of systematically recording and
managing financial accounts. Preparing a Profit and Loss Statement is an
example of ...
Accounting definition, the theory and system of setting up, maintaining, and
auditing the books of a firm; art of analyzing the financial position and operating ...
In this lesson, we will present the definition of accounting and then break it down
into important points for us to understand what accounting really is ...
In this short lesson we'll define accounting and take a look at the big picture of
Definition: An asset is an item of economic value that is expected to yield a
benefit to the owning entity in future periods. If an expenditure is instead
Invoice. Definition: An invoice is a document submitted to a customer, identifying
a transaction for which the customer owes payment to the issuer. This document
Definition: An expense is the reduction in value of an asset as it is used to
generate revenue. If the underlying asset is to be used over a long period of time,