powerpoint presentation

2. Accounting is an art of
 Identifying
 Classifying
 Recording
 Summarising &
 Interpreting
 Business transactions of financial nature

3.  Maintaining proper record of business
 Calculation of profit or loss
 Depiction of financial position
 Providing effective control over the business
 Making information available to various groups

4.  Replacing Memory
 Assessing the performance of the business
 Assessing the financial status of the business
 Documentry evidence
 Preventing and detecting frauds
 Helpful to management