" The process of identifying, measuring and communicating economics information to permit informed judgement and decision by users of the information. This may be considered as a good definition because of its focus on accounting as an aid to decision making".
" Accounting is the art of recording, classifying and summarizing, in a significant manner and in terms of money, transaction and events which are in part at least, of a financial character and interpreting the result there of".
"Accounting is a service society, its function is to provide quantitative information, primarly financial in nature, about economics entities that is useful in making economics decision, in making reasoned choices among alternative courses of action".
No comments:
Post a Comment