Question

what is Accountancy​

Answer 1

Answer:

Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.

Answer 2

Answer:

Explanation:

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.

The key accountancy tasks are noted below.

1. Recordation

2. Classification

3. Reporting

4 · Financial accounting

5 · Management accounting