subject: Accounting Homework Help [print this page] Accounting Homework Help Accounting Homework Help
Accounting is the process of providing financial information about business enterprise to the users so that they can get best available information. The users for whom the information is necessary are shareholders and managers. The communication, which is provided to the users, is identified in monetary terms. It is a form of mathematical science that helps in identifying those factors which result in the success and failure of the business. The principles of accountancy are divided into three parts namely accounting, book keeping and auditing. Accounting is an act of recording, identifying and summarizing important aspects with regards to monetary terms, which helps in interpreting the results.
The subject is considered to be tough as it is complex in nature and the students find difficult to understand the theories associated with the topic. They are not able to understand the important concepts which help in forming their knowledge and developing them to its fullest.
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