The word "accounting" is well known. It is synonymous with supervising and managing financial affairs. Now it is also used to refer to people who do this kind of work. "Accounting" has a long history.
The word accounting originated in the Western Zhou Dynasty in China.
"Hui" has two meanings: convergence and total. The word "Ji" consists of two parts: ten and the word. Word means that the numerical calculation must be true, and ten means that bits and pieces come together.
Four links of accounting
(1) Confirmation refers to determining whether the economic activity should or can be accounted for by certain standards or methods.
(2) Measurement-refers to the determination of the amount that should be recorded for economic activities that have been determined to be measurable in currency.
(3) Record-refers to the work of registering economic activities on the special carrier of accounting by certain special accounting methods according to the amount determined above.
(4) Reporting-refers to providing accounting information to relevant parties and personnel through the preparation of financial reports.