This is one of the most fundamental questions that must be answered so that students aiming to gain knowledge about the subject can understand the difference between the two disciplines. Following are 2 critical points as per NCERT accountancy book class 11 solutions pdf that help to differentiate between the two ideas.AccountingAccountancy1) Accounting refers to a process of recording, maintaining, and analysing financial transactions.2) Accounting is a part of Accountancy.1) Accountancy refers to the services carried on by an accountant which includes interpreting, analysing, and communicating financial details.2) Accountancy is a wider concept and includes accounting.