Fundamentals of
Accountancy,
Business and
Management 1
Mr. Anthony P. Bualoy
Content
Introduction to Accounting
- Definition of Accounting
-Nature Of Accounting
- Functions Of Accounting
Accounting
- is a “Language of Language”
Accounting
Accounting
A process of identifying,
recording and communicating
economic information that is
useful in making economic
decisions.
Identifying
The accountant summarizes
the information processed in
the accounting system in
order to produce meaningful
reports.
Nature of Accounting