Accounting is the systematic recording and analysis of a business's financial transactions to keep their financial information organized and compliant with regulations. It consists of bookkeeping, which records transactions like purchases and sales, and analysis, which helps management with decision making, budgeting, and performance evaluation. Accounting provides a reliable process for handling financial information that results in effective business management.

1. What is Accounting?

2. Accounting is the systematic and
comprehensive recording of financial
transactions pertaining to a business

3. Why businesses use accounting ?
Businesses use accounting to keep
their financial information organized
to make sense of their financial data.
Also, it keeps them compliant of
financial regulations.

4. Bookkeeping
Analysis
Accounting consists of 2 parts

5. Bookkeeping is recording the financial
transactions including purchases, sales , receipts &
payments by businesses.

6. Bookkeeping
Analysis
Management
Accounting
Route map of Accounting

7. Management Accounting
Decision Planning Control
Investment
Decision
Budgeting
Performance
Management

8. Accounting is a reliable process for recording ,
organizing, & analyzing financial information which
results in the effective business management.

9. We can also provide you a better understanding
about :
• Payroll
• Auditing
• Taxation
• Secretarial compliances
• Business Advisory

11. For more details, visit our website:
www.ajsh.in