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What is Accounting As An Information System about?

Accounting is an art of recording, classifying and summarizing, in a significant manner, transactions and events which are, in part at least, of a financial character. It means putting into writing or in print suitable transactions and events of financial character for their ready reference. Financial accounting performs the following major functions: i) Maintaining systematic records; ii) Communicating financial information in respect of net profits (or loss), assets, liabilities etc., to the interested pa

Author

g trapti

Language

EN