Is Accounting black or white number crunching? Right or wrong answers? Following rules and recipes? Reporting what a business owns, owes, earns and spends? Do you put data into the accounting process and on the other side black and white financial statements emerge? If that is your perception, hopefully we will help to change that and inspire you to share the reality of accounting with your friends, family, and colleagues.
'Accounting is the language of business’ (Warren Buffett). We use accounting to communicate useful information about a business or entity to others who have an interest in that business. Accounting starts with an economic event and culminates in the communication and reporting of useful information to users of that information.