Accountancy Training in South Africa

training and accounting Accountancy training in South Africa brings you a range of course information, salary and job placements and lots of other relevant information about tuition centres in Cape Town, Durban, Gauteng and the rest of South Africa. Accountancy is the art of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the financials form statements that show in money terms the economic resources under the control of management; the art lies in selecting the information that is relevant to the user and is reliable.

Accountancy is a branch of mathematical science that is useful in discovering the causes of success and failure in business. The principles of accountancy are applied to business entities in three divisions of practical art, named accounting, bookkeeping, and auditing.

Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as "the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof."

Accounting is thousands of years old; the earliest accounting records, which date back more than 7,000 years, were found in the Middle East. The people of that time relied on primitive accounting methods to record the growth of crops and herds. Accounting evolved, improving over the years and advancing as business advanced.

Source: Wikipedia