what is accountancy?
Answers
Answer:
Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.
Explanation:
please make me as an brainliests
Accountancy covers those rules, regulations, procedures, principles, concepts, conventions, and techniques which are to be applied in the process of accounting. It is a broad term. It also includes Financial Accounting, Cost Accounting, Management Accounting, Tax Accounting and Government Accounting. Virtually, accountancy acts as a guide for the preparation of books of accounts, summarisation of information and communicating the results to the concerned persons. Accountancy is usually used for accounting work of a higher order. In the words of Kohler, “Accountancy refers to the entire body of the theory and practice of accounting.”
Hope it helps you ☺️
❤️ ❤️ ❤️