In this article of accounting theory we will discuss about meaning of accounting, its objectives, advantages, limitations, bases and branches. Accounting is the process of systematically recording, summarizing, analyzing, and
In this article of accounting theory we will discuss about meaning of accounting, its objectives, advantages, limitations, bases and branches. Accounting is the process of systematically recording, summarizing, analyzing, and
Accounting principles refer to the fundamental guidelines and rules that govern the field of accounting. These principles provide a framework for recording, analyzing, and reporting financial information in a consistent