History of the Accounting

Accounting is a science, which keeps things in the proper place. It deals in business related activities. We can divide it into three main categories. They are bookkeeping, accounting and auditing. It is an important subject. This subject was present round about 7,000 years ago. The people of that times depended on primitive accounting methods and tools. They were professionals. They had command on their skills. Accounting is the simple language of business. It has many rules and regulations. It operates upon the information related to business, finance, salary, investment, income, expenditure, order, demand and the availability of things.Manager, owner, customer, banker, shareholder, agent, mass and the government can use this information for their plans. We can make the project balance sheet. We can implement it easily. We can check the expected income periodically. We can also prepare the flow statement charts. We can take our decisions at the right time. We can keep the record of everything easily. We can update them daily. We can prepare the project summary. We can review the progress and speed of the project. We can analyze the report. We can increase or decrease the speed of the project and business.We can call it the language of business, and it is spoken in the whole world. Terms and conditions of the accounting are the same throughout the world. It is an international platform for the traders without any discrimination. We can calculate things and put on the right track according to the situation. We can compare things, reports and summaries. We can make the right decision. You can evaluate your business gradually.