Question

Distinction between Accounting & Accountancy?​

Answer 1

Answer:

They are more or less interchangeable. 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

Explanation:

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Answer 2

⭐They are more or less interchangeable. 

⭐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.