Understanding accounting

In the world of business, education, banking, business and other types of business we are certainly familiar with accounting, as blogs that are sharing information or sharing information about accounting, I gave some information about the understanding of accounting, where the understanding of accounting or accounting definition is always changing to follow the changes and development of the business world.

Accounting term derived from English to an account which means taking into account or mempertangung accountable and Accountancy word that means the things that concerned with something that is done by the accountant (accountant)

This accounting definition contained in the accounting terminilogiy bulletin as follows:
Accounting: a set of knowledge and functions concerned with issues of procurement, approval, registration, classification and presentation of systematic information dapt reliable and efficient about the transactions and financial events that are required in the management and operation of a business unit and needed as a basis for preparing reports to be submitted to meet the financial and other accountability.

The following accounting definitions as contained in the statements of accounting principles board no 4 yr (1970) as follows:
Accounting is an activity of service provision, its function is memyediakan kuntitafif information about economic business units, particularly those of financial nature, which is expected to be useful in making economic decisions.

So the notion of accounting as to achieve the goal of financial information memyediakan business entity that is useful for decision making.

Understanding and Explanation of Basis of Accounting

Accounting is the process of recording, classifying, summarizing, processing and presenting data, transactions and events relating to the finances so that it can be used by people who use them with an easy to understand for decision-making and other purposes.

A. Understanding and Definition of Accounting
Accounting comes from foreign word that means when translated into Indonesian is to calculate or account. Accounting is used in almost all business activities around the world to make a decision that called the language of business.

B. Accounting Functions
The main function of accounting is a financial information of an organization. From the accounting statements we can see sutu financial position and its organizational changes that occur in it. Accounting made qualitatively with the unit of measure of money. Information on finance urgently needed especially by the manager / management to help make decisions of an organization.

C. Accounting Basic Reports
Basically, the accounting process will make the output of the income statement, statement of changes in equity, and consolidated balance sheet of a company or other organization. In an accounting report must include company name, report name, and date of preparation or length of the report to facilitate other people understand it. Reports can be periodically and there is also a character of a particular time only.