What
are accounts or accounting?
Accounts
or accounting in simple words is nothing but the process of recording,
reporting summarizing and analyzing the financial transactions of any
organization. Therefore however small or large a company maybe, accounts play a
very vital role in controlling the overall performance of the company. If the
accounts of any company is not managed properly then the company can run into
huge losses and hence it is very important to be extremely systematic when it
comes to taking care of complete financial activities of an organization.



