AN ACCOUNTING OVERVIEW

Accounting is the measurement, translation, or provision of assurance about information that will help managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies, organizations, and government agencies. Accounting is the art of measuring, communicating and interpreting financial activity. Broadly, accounting is also known as the "language of business". Accounting aims to prepare an accurate financial statements to be used by managers, policy makers, and other interested parties such as shareholders, creditors, or owners. Daily record keeping involved in this process is known as bookkeeping. Financial accounting is one branch of accounting in which financial information on a business is recorded, classified, summarized, interpreted, and communicated. Auditing, a related discipline but remain separate from the accounting, is a process where an independent inspector to check the financial statements of an organization to provide an opinion or opinions - which makes sense but not guaranteed to be completely - about the fairness and compliance with generally acceptable accounting principles.

   

Accounting practitioners are known as accountants. Certified accountants have a certain degree different in each country. An example is a Chartered Accountant (FCA, CA or ACA), Chartered Certified Accountant (ACCA or FCCA), Management Accountant (ACMA, FCMA or AICWA), Certified Public Accountant (CPA) and Certified General Accountant (CGA). In Indonesia, a certified public accountant CPA called Indonesia (previously: BAP or Certified Public Accountant).

Accounting is the measurement, translation, or provision of assurance about information that will help managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies, organizations, and government agencies. Accounting is the art of measuring, communicating and interpreting financial activity. Broadly, accounting is also known as the "language of business". Accounting aims to prepare an accurate financial statements to be used by managers, policy makers, and other interested parties such as shareholders, creditors, or owners. Daily record keeping involved in this process is known as bookkeeping. Financial accounting is one branch of accounting in which financial information on a business is recorded, classified, summarized, interpreted, and communicated. Auditing, a related discipline but remain separate from the accounting, is a process where an independent inspector to check the financial statements of an organization to provide an opinion or opinions - which makes sense but not guaranteed to be completely - about the fairness and compliance with generally acceptable accounting principles.

Conclusion: accounting is basically a report that states a company's financial ups and downs of the company's revenue.

Reperensi : http://id.wikipedia.org/wiki/Akuntansi