Sunday, February 17, 2008

accumath

Accounting is the systematic recording, reporting, and analysis of financial transactions of a business.

Mathematics (colloquially, maths, or math), is the body of knowledge centered on concepts such as quantity, structure, space, and change, and also the academic discipline that studies them. Benjamin Peirce called it "the science that draws necessary conclusions".


I chose the word accumath for my term extension. My career major is accounting, which as we all know conists of alot of math, figuring, and numbers. Accounting is Math!!!! Not only do you have to have good math skills, but you also must have knowldge, power, and the know-how to be an excellent accountant.
Culture takes the tastes in art and manners that are favored by a social group; therefore, numbers and knowledge must be the art of accounting.

Wednesday, February 13, 2008

definition of accounting

http://en.wikipedia.org/wiki/Accounting

Accountancy or accounting is the measurement, statement or provision of assurance about financial information primarily used by managers, investors, tax authorities and other decision makers to make resource allocation decisions within companies, organizations, and public agencies. The terms derive from the use of financial. Accounting is the discipline of measuring, communicating and interpreting financial activity.