1. Definition of Accounting
The development of accounting As it is stated by Glautier & Underdown (1991) the history of accounting reflects the evolutionary pattern of social developments. ... In 1989 the focus, purpose and key objectives of accountancy in Hungary changed radically, resulting in the creation of accountancy as the vibrant, dynamic and wide-ranging career evident in the nation today. ... Prior to 1989 the main function of Hungarian accountants was to ensure the basic reconciliation of financial statements to general ledgers. ...
- Word Count: 1977
- Approx Pages: 8
- Grade Level: Undergraduate