What is Accounting, meaning, and definition?

Assalamualaikum. This time I wrote an article about What is Accounting, meaning, and definition? . Okay I wrote this article after I reopen the materials on the basis of accounting. This material is actually the first time I learned first hehe .. Of course for those of you who first learned about the accounting for the first time, got to know What is Accounting, meaning, and definition? . Immediately, What is Accounting, meaning, and definition? . 



Accounting is the art of record, classify and summarize the transactions relating to the economic activities in order to convey information about the financial condition of an entity / company to the shareholders (person of interest) in the form of financial statements. 

By definition accounting divided into two namely: 

1. According to the functions and uses 
Accounting is a service activity that serves to provide quantitative information about economic entities, especially of a financial nature that are useful in decision making. 

2. According to its activities 
Accounting is the art of record, classify and summarize the transaction-trasaction events at least be financial or in part by way of interpreting the results 

The accounting is divided into 3 types 
1. Management accounting 
Is a branch of accounting that produce financial statements for internal party organization or management 

2. Financial accounting 
Is a branch of accounting that produce financial statements for external parties such as investors, creditors, and Bapepam 

3. Government accounting 
Is a branch of accounting to process financial transactions that result in government financial statements as a form of accountability of the budget / budget to the people through the legislature and to the interests of the parties concerned. 


Okay maybe quite so first article about What is Accounting, meaning, and definition? . If you want no further asked maybe you can comment below. :) Hopefully useful. Wassalamualaikum

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