Definition: Accountancy
Definition of Accountancy
What is Accountancy?
Accountancy is a formal term for the act of doing bookkeeping and interpreting bookkeeping data. For example, an accountant must be good at accountancy to ensure that a business's bookkeeping is accurate. Good accountancy practices will ensure that a business's bookkeeping is recorded using the double-entry bookkeeping system. Good accountancy will allow for the creation of accurate financial statements that will be used to guide the financial affairs of the business. Every bookkeeper must practice good accountancy. Every accountant must practice good accountancy. And of course, every business owner should do their best to ensure that their bookkeeper and/or accountant can practice good accountancy.
Continue Learning Accountancy in an Interactive-Accounting Textbook
Includes 4+ Hours of Free Lessons
The Addictive Accounting course has a purpose:
To help you quickly master the fundamentals of bookkeeping and accounting!
If you are a student who is planning on studying accounting, or a student who is struggling to learn the concepts, this course is for you. If you want an A grade, take this prep course! If you are business owner who wants to fully understand their personal bookkeeping, this course is also for you.
To help you quickly master the fundamentals of bookkeeping and accounting!
- Simplified - created for students and business owners
- Comprehensive - an interactive bookkeeping and accounting textbook
- Practice Make Perfect - in a hands-on bookkeeping simulator
- Learn Finance - cash, profit, equity, and balance statements
- Quiz Yourself - test your comprehension with instant feedback
- Career Boost - communicate finance with confidence
- At Your Pace - complete the course in a week or a weekend
- Teacher's Aid - can be used as an auxiliary tool to enhance learning
- CPA Exam Prep - review fundamentals to greatly improve your score
If you are a student who is planning on studying accounting, or a student who is struggling to learn the concepts, this course is for you. If you want an A grade, take this prep course! If you are business owner who wants to fully understand their personal bookkeeping, this course is also for you.
Practice Accountancy in a Bookkeeping Simulator App
Rather than just read about bookkeeping and accounting, practice accountancy in a hands-on accounting simulation. Learn more about our accounting simulation app or see what you can learn for free in the Addictive Accounting course.
Over 4 Hours of Free Course Content,
No Ads,
and No Personal Data Collected
