What is Accounting?

Accounting has been called the ‘language of business’, accountants measure the results of an organisation’s economic activities, and convey this information to a variety of users, including investors, creditors, managers and regulators. Accounting can be divided into many fields such as financial, management, or tax accounting, and external auditing.

Accounting has been called the ‘language of business’, accountants measure the results of an organisation’s economic activities, and convey this information to a variety of users, including investors, creditors, managers and regulators. Accounting can be divided into many fields such as financial, management, or tax accounting, and external auditing.