Accounting is a practice of systematic maintenance of records of financial records of the company, summarizing records to compile the financial statements of the organization.

Without accounting, your business will be like a ship without a radar, moving direction-less. Even in our day to day mundane activities we keep an account of our income and expenses. Small and big businesses alike maintain accounts to keep a tab on their financial position, which is the major motive of any business.Accounting is pivotal for various aspects and plays a crucial role in preparing the compiled financial statements.

This subject has very fascinating growth of interest. It is essential in every sectors hence getting a degree at a field of growth and popularity is a matter of concern nowadays. Also, you require to pursue more accounting education or earn accounting certifications, which open the door to opportunities and better careers.