Science, asked by devinair7135, 1 year ago

Difference between accounting and accountancy

Answers

Answered by STG007
1
accounting is keeping or managing some records related to financial sector
whereas accountancy is the duty of a person for management or profession of an accountant
Answered by Arpita1810
3

Accounting has different meanings and in one sense refers to the process of keeping or maintaining financial records; while accountancy, according to OED, specifically refers to the duties(which consists of accounting, bookkeeping, auditing, etc.) or profession of an accountant.

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