Introduction to Accounting

Psychology studies the behavior of the mind. To define

accounting, one can refer it to be the study of money and its

behavior in day to day lives.

Money is essential for the survival of any being in modern

times. It is a priceless commodity that has simplified the

process of exchange of goods and services. Over the years,

money has also grown to value development, holistically and

economically. This value of money cannot be figuratively termed

unless it can show materialistic benefits to the individual(s)

managing it.

Only accounting can efficiently tackle such a business situation,

if not any other.