Here we go in my second post about sfb 2. In this post I will explain about accounting and my journey while I learn it hahaha.
Accounting
Is the process of recording, identification, measurement and
reporting of economic information to allow for assessment and decision making.
Three activities in accounting:
1.
Identification and measurement of relevant data
for decision making.
2.
Processing the data and then reporting the
information generated.
3.
Communicating information to the users of the
report.