what is accounting ? limitation and objective of accounts .
Accounting definition Accounting is the very important part of any successful business. It records all profits, losses, credits, and debts. we can deduce accounting is important not only in businesses but also in the lives of individuals.now a day's accounting is very important our business and anywhere . It is used to prepare accounting information for people outside the organization or not involved in the day-to-day running of the company, managerial accounting provides It’s help managers make decision to manage Types of accounting Financial accounting Management accounting Cost accounting Tax accounting Government accounting Healthcare accounting Auditing financial accounting - Financial accounting is a branch of accounting that keeps track of a company's financial transactions. Using the transactions are recorded, summarized, and presented in a financial.