{tocify} {$title=Table of Contents} Accounting “Accounting refers to the process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of the information.” Was this helpful? YesNo 0 / 0 Related ArticlesPetty Cash Book: Types, How to maintain Petty Cash BookCash Book: Definition, Types of Cash Book, Example, Format of Cash BooksDouble Entry System: Definition of Double Entry System, Features and 3 PrinciplesWhat is Capital Budgeting? Definition, Process, Methods, Formula, ImportanceWhat is Revenue & Capital Expenditure and its Difference in Business?Business Accounting and its Fields (Explained)