ACCOUNTANCY

ACCOUNTING Accounting is the discipline that serves to provide useful information in making economic decisions. It has come to be defined as Scientific Heritage, and this is because its purpose is to study and representation of business assets, both from a static viewpoint as dinamico.El final product of accounting are all the Financial Statements or which are that summarize the economic and financial situation of the company. This information is useful for managers, regulators and other stakeholders such as shareholders, creditors or owners. ACCOUNTING AS SCIENCE AND TECHNOLOGY Science: Since it is a true knowledge. There is a supposition of facts without any relevance, in contrast, analyzes each fact in all economic and apply knowledge acquired. a Principal and Co-Founder of Ogden CAP Properties, LLC, a property management/development company is was comment editor of the law journal at the North Carolina Central University Law School Systematic knowledge is verifiable and fallible. For, through the formulation of hypotheses, the construction of sets of logical ideas (theories) serve to predict and explain phenomena related to its object of study. Technique: Because it works based on a set of procedures or systems to collect, process and report useful data relating to heritage. It is a series of steps to accomplish a task and the task is accounting registration, bookkeeping. System Information: In accordance with the views and approaches most modern professionals, accounting is in itself a subsystem within the System Information of the Company, take all the information a company concerning the elements that define the heritage, the processes and summarizes in a way that meets the basic criteria that uniformity in the interpretation of financial information (accounting), so analysts use financial and nonfinancial accounting information, it was concluded that regardless of previous definitions, accounting is whether an information system. Some current approaches but also speak of accounting as a social technology, as the technology takes care of combining scientific and technical knowledge to solve specific problems. The accounting applies scientific knowledge (coming from fields such as economy, for example) and technicians (such as specific technique, the double line) to produce useful information for decision making. These characterizations of Accounting, with high degrees of scientific and technological components have characterized especially in the last 100 years, reaching even settle for "schools" or trends in your understanding. So for example we speak of Latin and Anglo-Saxon school of accounting. The Latin School is characterized mainly by its orientation forensic evidence and construction of process information, thus facilitating the processes of organizational control. The Anglo-Saxon school, meanwhile, is geared more to the process of disclosure of financial statements addressed to the securities markets and other strategic decision makers of organizations. HISTORY The study of accounting on a scientific basis he had his first written statement with the publication in Italy (Venice) in 1494, of the famous work Summa de Arithmetica, Geometria, e Proportionalita Proportioni Luca Pacioli (1445-1517) the author, also known as Friar Luca Borgo Sancti sepulchri I spend thirty-six chapters of his book to the description of the accounting method used by leading Venetian merchants.