Accounting in a nutshell pdf

An accountant is a person who does the basic job of maintaining accounts as he is the man who is engaged in book keeping. Since the managers would always want Hence, in a nutshell, we can say that the scope of accounting is wide enough to cover all the fields of the society. Objectives of Accounting.In a nutshell, accountants “keep the books” of a business (or not-for-profit or government entity) by following systematic methods to record all the. Golden Rules of Accounting. • Examples. • Books of Accounts – Manual Vs Software. • Financial Statements -- Meaning and contents. • Reporting