Differing kinds of accounting exist simply because corporations have various financial wants. One example is, general public companies are necessary by legislation to employ Frequently Recognized Accounting Principles (GAAP), though personal corporations may use any accounting process that satisfies their needs. Early 19th-century ledger Equally the words "accounting" and "accountancy" https://bobbym023jii5.blognody.com/34672797/accounting-fundamentals-explained