RishiAccounting is the recording of financial transactions along with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses. Accounting is also a field of study and profession dedicated to carrying out those tasks.
Some of the many other examples of accounting include:
- Advising on accounting systems
- Income tax planning, advising, and reporting
- Auditing the financial statements of companies and other organizations
- Providing general business advice
- Financial planning for individuals
You may contact the author for further information at 9899595719 or taxwizersconsultant@gmail.com
Disclaimer: The above article is only for information purpose and is on based on the author’s interpretation of the relevant provision. The same should not be considered as professional advice.
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