What Is Accounting ????

I will deliver a short speech about the economy especially its science of accounting.

we need to know that in order to face the global era we need a better knowledge, as knowledge in the field of economics as the science of accounting, I am here as a student of accounting would convey little about accounting.

What is accounting?

Accounting for most ordinary people, identified only by a process of recording financial transactions. In fact, accounting is actually more than a mere recording process. According to the AICPA Accounting (Accounting Institude Of certifield Public Accounting) Accounting is the art of recording, classifying and peringkasan a certain way and in the value of money to events or transactions that have at least a financial nature (financial) and the interpretation of results.

Accounting in its broadest sense is a recording, classifying, perangkuman, processing and presentation of data from transactions and events that are associated with financial activities.

Before we know more about accounting, it helps us know a little about the history of accounting itself!

accountant has been found since the year 3600 BC. The first time the science of accounting is known in the region of Babylon. The invention of modern accounting systems are PACIOLO LUCAS, who then called the father of accounting. LUCAS PACIOLO this is the first to write a study of accounting as outlined in his "summa de Arithmetica geometrica proportioni Et Proportionalite".

Accounting entry to Indonesia in the Dutch colonial era.

The form is in charge of the accounting cycle: Evidence of transactions such as invoices, memos, and so forth.

then evidence of such transactions in the notes in a journal such as the sales journal, purchases journal

, cash receipts and disbursements journal, general journal and many other journals. As for General Ledger transactions where we post the proficiency level. Then we arrange noted that financial statements on the worksheet as adjusting entries, income statement, report changes in capital, balance sheets, closing entries and closing trial balance.