my friends told me that accounting is a kind of course.
Accounting in Nigeria has evolved from traditional methods of record-keeping to modern professional practices influenced by British colonial legacy. The Institute of Chartered Accountants of Nigeria (ICAN) was established in 1965 to regulate the accounting profession in the country. Accounting standards in Nigeria have increasingly aligned with international best practices to improve transparency and accountability in financial reporting.
The socially constructing perspective in accounting history focuses on how accounting practices are shaped by the social, political, and cultural context in which they exist. It emphasizes that accounting is not a fixed or neutral practice, but rather is influenced by the values, ideologies, and power dynamics of society at any given time. This perspective highlights the importance of understanding the broader social forces that shape accounting practices and norms.
Accounting theory has evolved over centuries as organizations sought ways to accurately record and report financial transactions. Key milestones include Luca Pacioli's publication of double-entry accounting in the 15th century, the establishment of the American Institute of Accountants in 1887, and the development of principles-based accounting standards like GAAP and IFRS in the 20th century. Today, accounting theory continues to adapt to the changing business environment and emerging technologies.
Accounting theory is a framework for understanding accounting principles and concepts, while IAS (International Accounting Standards) are specific guidelines and rules set by the International Accounting Standards Board for how financial statements should be prepared and presented. Accounting theory provides the foundation for accounting standards, including IAS, by guiding the development of principles and concepts used in accounting practice.
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions for decision-making. Its purpose is to provide accurate and timely financial information to internal and external users to help in making informed business decisions and assessing the financial health and performance of an organization.
A. C. Littleton has written: 'An introduction to elementary accounting' -- subject(s): Accounting 'Studies in the history of accounting' -- subject(s): Accounting, History, Addresses, essays, lectures
Osamu Kojima has written: 'Accounting history' -- subject(s): Accounting, Bookkeeping, History
Accounting was first introduced by Friar Luca Pacioli in the Philippines.
In business, accounts are a history of transactions. In life in general, accounts are a history of events.
contemporary developements in accounting
Harvey Mann has written: 'The evolution of accounting in Canada' -- subject(s): Accounting, History
Accounting in Nigeria has evolved from traditional methods of record-keeping to modern professional practices influenced by British colonial legacy. The Institute of Chartered Accountants of Nigeria (ICAN) was established in 1965 to regulate the accounting profession in the country. Accounting standards in Nigeria have increasingly aligned with international best practices to improve transparency and accountability in financial reporting.
Generally a two-year program is required to get an accounting certificate, though the exact requirements do depend on the institution and the education history of the individual. Classes generally cover auditing, financial accounting, business communication, individual income tax accounting, and general applications of accounting.
S. Paul Garner has written: 'Evolution of cost accounting to 1925' -- subject(s): Cost accounting, History
M. C Wells has written: 'A bibliography of cost accounting' -- subject(s): Bibliography, Cost accounting, History
The socially constructing perspective in accounting history focuses on how accounting practices are shaped by the social, political, and cultural context in which they exist. It emphasizes that accounting is not a fixed or neutral practice, but rather is influenced by the values, ideologies, and power dynamics of society at any given time. This perspective highlights the importance of understanding the broader social forces that shape accounting practices and norms.
James W. Baker has written: '20th century accounting' -- subject(s): Accounting '20th century bookeeping and accounting' -- subject(s): Bookkeeping 'A history of bookkeeping instruction in the United States' -- subject(s): Accounting, Study and teaching