Tally ERP 9 Course | Chapter - 1 Introduction to Accounting

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In this video you have learn about Accounting.

Accounting is the language of business.

Meaning of Accounting :-
Accounting is a systematic process of identifying ,
measuring , recording , classifying , summarizing ,
interpreting and communicating financial information.

Why learn Accounting?
 Maintaining Systematic Record of Transactions.
 Ascertaining Profit or Loss.
 Ascertaining Financial Position.
 Prevention of Frauds.

What is Accountancy ?
The knowledge of how to make accounting is called
accountancy.
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