Accounting is the method of documenting financial transactions about a business. As a fresher in accounting, they need to report the results of principles and procedures of this system by recording and summarizing business financial transactions, analyzing and verifying them. Accountants do the accountant work. Accounting may be described as the group, compilation, and frequent recording of business dealings in periods of money. The preparation of financial reports, the analysis and interpretation use these reports for the information and guidance of management. Here you can see the basic requirements needed for an account: