Indeed, it has been hypothosized that writing was invented specifically to record business transactions. If this is the case, then in some sense, accounting is the mother science to all literature. Accounting provides the techniques for capturing, recording, storing, retrieving, summarizing, analyzing and verifying information. We take a very broad view of accounting. We do not restrict it to financial data, but include all information.
Accounting provides information to support decision making.
This is the basis of our claim, that accounting is the information science for management . This page was last updated on 25 July 1996 .