Basics of Accounting & Information Processing

Abstract

Formally defined, accounting is a set of concepts and techniques that are used to measure and report financial information about an economic unit. While this may seem relatively straightforward, accounting is actually a very complex field that requires both technical proficiency and also a certain amount of artistry. This text introduces new practitioners to accounting fundamentals and helps prepare them for further studies in the field. It is available to download as a free e-book.