Author: Charlotte

Accounting Principles

Accounting Principles: Accounting principles form the fundamental norms and assumptions that serve as the foundation for accounting systems. Universally embraced by accountants, these principles ensure uniformity and consistency in accounting methods and processes. They collectively constitute the Generally Accepted Accounting Principles...

Introduction to Accounting

Introduction to Accounting: Business entities and various organizations engage in transactions involving money, assets, or economic resources. When these activities reach a significant scale, it becomes imperative to record them. These records serve as vital tools for making crucial decisions regarding...

Economics

Economics: The science of economics was born with the publication in 1776 of Adam Smith’s magnum opus, “An Enquiry into the Nature and Causes of Wealth of Nations.” At its birth, it was baptized as Political Economy- an appellation that remained...