Question

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 results thereof." This definition is given by -

American Accounting Association

Institute of Chartered Accountants of India

Institute of Cost and Works Accountants of India

American Institute of Certified Public Accountants​

Answer 1

Answer:

yes ur statement is correct....................................................................                  Explanation : The American Institute of Certified Public Accountants (AICPA) defines accounting as: "the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least of financial character, and interpreting the results thereof."

Answer 2

Answer:

The correct answer is American Institute of Certified Public Accountants​

Explanation:

The american Institute of certified Public Accountants (AICPA) is the country wide professional company of licensed Public Accountants (CPAs) in the u.s.a., with greater than 428,000 members in one hundred thirty international locations. founded in 1887 as the American affiliation of Public Accountants (AAPA), the enterprise sets moral standards and U.S. auditing requirements. It also develops and grades the Uniform CPA exam.

The american Institute of CPAs is the world's biggest member affiliation representing the accounting career, with 421,000 contributors in a hundred thirty countries. The AICPA provides academic guidance substances; develops and grades the Uniform CPA examination; and video display units and enforces compliance within the career.

Define Accounting according to the American institute of certified public accountants​

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Accounting is an art of recording, classifying and summarising

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