Amit Kumar Singh and Co

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πŸ“˜ What is Accounting?

πŸ“˜ What is Accounting?

Accounting is often referred to as the language of business, but for many people, it sounds complex and confusing. So what exactly is accounting? And why is it so important?
In this short and simple video explainer, I walk you through the basics of accounting in a way that’s easy to understand β€” even if you have no background in finance.

What You’ll Learn in This Video:
βœ… What is accounting?
A clear explanation of what accounting really means β€” not just textbook definitions, but real-world relevance.
βœ… Why accounting matters
Learn how accounting helps track business performance, manage finances, and support growth.
βœ… Key functions of accounting
From recording transactions to preparing financial reports, understand the core functions accountants perform.
βœ… Basic accounting terms simplified
Concepts like income, expenses, assets, liabilities, balance sheets, and ledgers are explained with clarity.

πŸ’¬ Let’s Learn Together
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