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متابعة

What is the main difference between bookkeeping and accounting?

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تم إضافة السؤال من قبل QASIM KHAN , Admin & Finance Assistant , English Ville Academy
تاريخ النشر: 2016/04/04
SULTAN-E- ROOM
من قبل SULTAN-E- ROOM , Head Accountant , DALLA DRIVING ACADEMY

Bookkeeping is the process of recording, in chronological order, the daily transactions of a business entity. It forms part of the accounting information system.

On the other hand, accounting is an information system – includes the process of recording, classifying, summarizing, reporting, analyzing and interpreting the financial condition and performance of a business – in order to communicate it to stakeholders for business decision making.

so book keeping is a part of accounting.........

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