Accounting tracks a company's finances, including what comes in, what goes out, and how it all balances. It helps business owners and investors track the company's performance over time, ensuring...
accounting, systematic development and analysis of information about the economic affairs of an organization.
Accounting is the process of recording, categorizing, and analyzing company transactions to generate financial statements and inform business decisions.
Some of the basic accounting terms that you will learn include revenues, expenses, assets, liabilities, income statement, balance sheet, and statement of cash flows. You will become familiar with accounting debits and credits as we show you how to record transactions.