Evening Degree Programs, Accounting Evening Degree Programs Business Administration Accounting Accounting has been called the language of business. It is the art of recording, classifying, reporting and interpreting the financial data of an organization. Accounting is a service activity used to measure and report to various users relevant financial information regarding the economic activity of an organization or unit. Sometimes people confuse accounting and bookkeeping.
Bookkeeping is only a part of accounting, the record-marking part.
Accounting includes bookkeeping but goes beyond it in scope. Accountants may prepare financial statements, conduct audits, design accounting systems, prepare special studies, prepare forecasts and budgets, do income tax work, and analyze and interpret financial information. QMCS 220 should be completed by the end of the sophomore year. Transfer students who have not had an equivalent course must complete this course by the end of their first semester, junior year. All rights reserved.