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Class 10 > What is the meaning of accountancy?
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What is the meaning of accountancy?

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Accountancy or accounting is the profession of communicating financial information about a business to shareholders and managers
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Basic accountancy

Accountancy is the business of an accountant. It is simply the work of an accountant or practice of an accountant. It is different from accounting. Accounting is the art of recording classifying and summarizing the transactions in terms of money.
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Physics Tutor,IIT-JEE Mains and Advance

Accountancy is the profession of an Accountant, and an accountant is one that keeps,audits,and inspects the financial records of an individual or business and prepare financial and Tax reports.
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Andhra

Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers
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Our students come first. We help your child learn to succeed.We provide personal and group tuitions

study related with management of money with scientificway and record of it
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Opening and closing balance with profit or loss figure is accounts.
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Teacher

systematic knowledge of accounting ( i.e. knowledge of identifying, recording, classifying,analaysing, summarisin, then interpreting the results of money/financial/business transaction to the final users - internal and external users.
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Accountancy n business studies expert

The occupation of maintaining and auditing records and preparing financial reports for a business.
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Tutor

Accountancy is the science of recording all monetary transactions of a firm, to prepare financial statements to assess, analyse and take decisions.
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Accounts and Economics Tutor

Accountancy is maintaining and auditing records and preparing financial reports for a business. it includes cost accounting book keeping, inventory accounting etc
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