Accounting has several subfields or subject areas, including financial accounting, management accounting, auditing, taxation and accounting information systems.

Oct 5, 2025 · Accounting is the process of tracking the income and expenses of a business or other organization. What Is Accounting? Accounting tracks a company's finances, including what comes in, …

Accounting is known as the language of business. Through a series of steps known as accounting cycle, it gathers information about business transactions, and collates and summarizes them to generate …

Jun 12, 2024 · Accounting is the process of recording, classifying and summarizing financial transactions. It provides a clear picture of the financial health of your organization and its …

Our Visual Tutorials break down complex accounting concepts into simple, easy-to-follow steps. Perfect for people who get overwhelmed by jargon-filled textbooks.

Sep 17, 2025 · Accounting is the process of recording, categorizing, and analyzing company transactions to generate financial statements and inform business decisions.

The primary output of the financial accounting system is the annual financial statement. The three most common components of a financial statement are the balance sheet, the income statement, and the …

Nov 19, 2025 · Accounting is the practice of recording and reporting on business transactions. It involves transaction record keeping and financial reporting.

Oct 13, 2025 · Your source for career information, degree reviews, and accounting jobs. A degree in accounting can set students on a path to a strong career in business and finance.

The main goal of accounting is to accurately record and report an organization’s financial performance. Accounting can be classified into two categories – financial accounting and managerial accounting.