Financial accounting is an art and a science. ÊThe art of accounting is recording, reporting, and analyzing. Finance is the area that is being studied in accounting.Ê
Accounting is a science.
Accounting as an art refers to the subjective and creative aspects involved in interpreting and presenting financial information. It involves the application of principles and techniques to record, analyze, and report financial transactions in a way that is meaningful and useful to stakeholders. The art of accounting requires judgement, interpretation, and the use of professional expertise to ensure accurate and reliable financial reporting.
Accountants using theories and methodologies of the discipline making it a science. They are also creative and think critically, making it an art.
Accounting is the art of recording, classifying and summarising in a significant manner and in there of many transaction and events which are part at least of financial character and interpreting the results there of.
Accounting is a most ancient art/science, probably is third behind counting and speech. As it predates any form of writing the history of its invention and development was never recorded.
accounting is both an art and science.........but more than science it is an art.because it fulfills the both aspect of an art(knowledge+ systematic work pattern).it fulfills only one aspect of science(knowledge for doing work in a system) but there is no logic or fact behind every accounting concept or rule ..........science based upon fasts and logic..
Accounting can be considered both an art and a science. This is because accounting is a very complex task for most people.
It is a bit of both.
Accounting is a science.
i think its both an art and a science
Both scientific art and artistic science.
commerce is science as well an art
Accounting as an art refers to the subjective and creative aspects involved in interpreting and presenting financial information. It involves the application of principles and techniques to record, analyze, and report financial transactions in a way that is meaningful and useful to stakeholders. The art of accounting requires judgement, interpretation, and the use of professional expertise to ensure accurate and reliable financial reporting.
Accountants using theories and methodologies of the discipline making it a science. They are also creative and think critically, making it an art.
yes management is art and science because management need both art and a science because gaining facts is not science and doing practicle knowledge is not an art so management need both art and a science
it is art because it depends how much effectively you perform and science because what methods you are using in it.
both