What is the difference between Accounting
and Accountancy
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Explanation:
◆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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→Answers :
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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