Accounting is one of the most sought after
career options in modern society. There is huge demand for talented accountants
in the business world. A highly qualified accountant draws a fat salary in the
corporate world. Hence, it is imperative to seek accounting help from seasoned
tutors. There are many tutors available online, who offer accounting help in
financial accounting, managerial accounting, cost accounting and so on. Some
are offering offline accounting
help too.
Economic Help along with Accounting Help
Realizing the close relation between
accounting and economics, many institutes are offering economic help along with
accounting help. Some also offer social
studies help.
Accounting is the means by which we measure
and describe economic activities. Economics is the science of producing wealth.
It is also called the science of business activities or the social science of
business. So it can be said that both deal with the same subject matter, namely
wealth, its production and distribution. Accounting is used extensively by
organizations to promote growth. Economics is used by economists and policy
makers to accelerate national growth.
What makes accounting so important?
A business owner needs to know: what he owns,
what he owes to stakeholders, and how to achieve optimum use of organizational
resources. All this is made possible by keeping a record of transactions
entered into in connection with the production and exchange of wealth. Keeping
record of transactions in a scientific manner is the work of accounting.
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