Q. "Accounting is the process of identifying, measuring and communicating economic information to permit informed judgements and decisions by users of information" Discuss.
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1.1 Meaning of Accounting
In 1966, the American Accounting Association (AAA) defined accounting as 'the process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of information'.
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In 1966, the American Accounting Association (AAA) defined accounting as 'the process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of information'.
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