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Class 10 > Learn Class IX-X Tuition > What is the meaning of accountancy?
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What is the meaning of accountancy?

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Accountancy or accounting is the profession of communicating financial information about a business to shareholders and managers
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Commerce specialist and maths educator

Recording, classifying, presenting financial data in a relevant manner to the parties interested in business.
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Basic accountancy

Accountancy is the business of an accountant. It is simply the work of an accountant or practice of an accountant. It is different from accounting. Accounting is the art of recording classifying and summarizing the transactions in terms of money.
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Physics Tutor,IIT-JEE Mains and Advance

Accountancy is the profession of an Accountant, and an accountant is one that keeps,audits,and inspects the financial records of an individual or business and prepare financial and Tax reports.
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CANGRO OF MATH

The occupation of maintaining and auditing records and preparing financial reports for a business.
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Accounts And Taxation Expert.

The profession or duties of an accountant.
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Andhra

Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers
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Business Management & Economics Educator with 6 Yrs of experience across schools in India & abroad.

@ R. Prabha Accounting: It is the process of keeping financial transactions or records of an organisation.
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Tutor

Accountancy is the systematic and comporehensive recording of financial traqnsactions pertaining to a business.
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The process of summarizing, analyzing and reporting the transactions is known as accountancy. (in simple words)
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