Accounting is the communication of financial information about a business to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management. Such financial information is primarily used by managers, lenders, investors, tax authorities, regulators, and other decision makers to make resource allocation decisions between and within companies, organizations, and public agencies. It involves the process of recording, verifying, and reporting of the value of assets, liabilities, income, and expenses in the books of account ledgers to which debit and credit entries are chronologically posted to record changes in value.
Before their first son, Sambhav turned two, our friend Anand & his wife Shilpa started shopping for preschools. They asked around, looked and explored every option. The school they settled on seemed like dream. The building was fantastic, class small, & teachers were warm and experienced. Moreover, the playground and activities looked like so much fun, Anand wanted to go there himself!