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Nimpata.pptx

  1. 1. Definition Of Accounting Created by Imam Mehedi Imon Roll : 11 Dept. Name: Business Administration Subject Name : Financial Accounting
  2. 2. Definition of Accounting Accounting is an information system that identifies, records and communicates economic events of an organization to it's interested users. we noticed that accounting consists of three basic activities- 1. Identify 2. Record 3. Communication
  3. 3. User of Accounting Information: Accounting information helps users to make better Financial decisions. User of financial Information may be both Internal and External To the Organization.
  4. 4. • Internal users are involved in managing and operating the organization.
  5. 5. • External Users of Accounting Information are not involved In running the organization

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