Accounting

Accounting is the systematic process of recording, analyzing, and reporting financial transactions to help businesses make informed decisions. Essential for financial management, accounting ensures accurate bookkeeping, compliance with regulations, and effective budgeting. Professionals in the field use various accounting methods and principles to track income, expenses, and other financial activities, providing valuable insights into the financial health of an organization. Whether for personal finance or corporate financial strategy, accounting plays a crucial role in maintaining fiscal responsibility and transparency.