A study of Accounting Technologies

  • Jagjeet Singh, Dr. Anil Kumar,


Accounting was rightly regarded as the culture of the corporation. The fundamental role of a language is to act as a mode of interaction. This function is often fulfilled by accounting. The results of business activities are transmitted to different parties who have some interest in the company. viz., the proprietor, creditors, investors, Government and other agencies. While accounting is commonly associated with company, accounting is not only used by businesses. Accounting is also used by individuals such as housewives, government, and other citizens. For example, over a specific time, a housewife must keep a record of the money earned as well as invested by her. All the receipts related to money is maintained by her in a  "household diary" while payments of various items  milk, food, clothing, house, education etc.