Question

$\begin{gathered} \sf \: \underbrace{༒ Bʀᴀɪɴʟʏ \: Sᴛᴀʀs} \\ \\ \sf \underbrace{༒Mᴏᴅᴇʀᴀᴛᴇʀs} \\ \\ \sf\underbrace{༒Other best user}\end{gathered} ༒$

what is accountancy

​

Answer 1

Answer:

Accounting

Professional field

Accountancy is the practice of recording, classifying, and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization.

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities.