Accounting : Definition

Accounting, or accountancy, is the measurement, processing and communication of financial information about economic entities. It was founded by the Italian mathematician Luca Pacioli, in the end of the 15th century. Accounting, which has been called the “language of business”, measures the results of an organization’s economic activities and conveys this information to a variety of users including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms accounting and financial reporting are often used as synonyms. – Wikipedia

About Course

This course is designed for people who are complete beginners, and for people who don’t even know ‘A’ of accounting. If you have any curiosity on what is accounting, we recommend that you go ahead and take this course. If you are someone who is an experienced accounting professional, we would say this is not the course for you. Total duration of this course is over 2 hours and it is divided into 5 sections with 21 video tutorials. For full content, check course curriculum.

*Course Credits

Used under creative commons license.
Created by Business MOOC.