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Is Accounting An Art Or A Science Or Both Explain

For instance American Institute of Certified Public Accountants in terminology bulletin no. 1 defined accounting as “art of recording, classifying, and summarizing financial transactions”. With these considerations, the accounting really is an art or a science? If the accounting is an art then what characteristics a science has that accounting lack of these. If the […]

Is accounting an art or a science?

That requires me to extend myself and my experiences and reach for some fresh, new, innovative and/or cutting-edge ideas. I learn by creating learning opportunities for others. Management can be considered as both science as well as an art. Many or all of the products featured here are from our partners who compensate us. This […]