what is a traditional function of accounting?
The traditional function of accounting was confined to the recording of business transactions in a systematic manner.
Overtime the role and functions of accounting have undergone a major change. Nowadays, accounting is no more just a recording job, instead it serves multiple needs of diverse users of accounting information.
Overtime the role and functions of accounting have undergone a major change. Nowadays, accounting is no more just a recording job, instead it serves multiple needs of diverse users of accounting information.