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What is the main objective of Accounting?

0 91 Views | Posted 3 months ago
Asked by amjad laskar

  • 1 Answer

  • S

    Answered by

    Saju Kunnil

    3 months ago

    Accounting is an art of recording, classifying and summarising in a significant manner, and in terms of money, transactions and events which are in part at least, of a financial character and interpreting the result there of.

    By analysing this definition you will find the objective as:

    • Recording of transactions
    • Analysing of transactions
    • Summarising of transactions

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