Science, asked by mrgye, 1 year ago

what is different between account and accounting?

Answers

Answered by Anonymous
1
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.

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Answered by ImpressAgreeable4985
3

Key Differences Between Accounting and Accountancy. ... Therefore we can say that what we practice is accounting, but what we study and apply is accountancy. Accounting is the action that is based on the knowledge of accountancy, whereas accountancy is the field of knowledge that shows the route to accounting.

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