Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.

What is meant by Accounter?

A person providing an accounting of expenditure or other actions. noun. 2. A person providing an account of events. noun.

What is the simple definition of accounting?

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities.