Why Study Accounting?
People have varying reasons as to why they study accounting. According to Don Balla in the article “Top Five “Top Five Lists” of reasons to Study Accounting” (Balla, 2014), these reasons are:
What is accounting?
Accounting has different varying definitions. However, the familiar explanation is that it is the technique of recording financial transactions. According to Harold Averkamp in his article, “what is accounting”, it involves; storing of financial transactions, andsorting out these transactions, retrieving them. Summarizing the transactions, as well as presenting the data obtained in different reports and analysis is also a process of accounting. Accounting has various parts i.e. ...