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A Look Into The Accounting Industry

Accounting has been a profession for hundreds of years. The first iteration was farmers tracking their crops and livestock. From these early beginnings, accounting has grown to become one of the biggest industries in the US today. Accounting is generally seen as the language of business.

An accounting system helps to track all of the financial activities of a company. They are showing when and where money has been spent and brought in. This helps to develop decision making by evaluating performance by indicating the risks and benefits of choosing one strategy over another.