24 November 2011

Definition of Accounting

Definition of Accounting
Accounting in the narrow sense can be defined as the identification, validation, measurement, recognition, klasipikasi, merging, peringkasan, and presentation of financial data base that occurred from the events, transactions, or some way to generate relevant information for interested parties.

Accounting will have an important role if the information generated by the accounting department can control the behavior of economic decision-making to act toward someone else's achievement of social and economic goals.

based on the above understanding it can be concluded Accounting theory is as a stand-alone science is the source or the parent accounting knowledge or practice.

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