The
Definition Of

Accountancy

        Accountancy involves the preparation of the final accounts to show the result of the business at the end of the financial period. The man who is entrusted with this work is called an accountant. His work is not only to supervise the work of the book-keepers but also to analyses, review and draw conclusions from the final accounts. His work is of a specialized nature and he must be well versed with the principles of accountancy.

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