It is a delight to be back here. Giving everyone detailed discussion on some of the most controversial topics in modern accounting.
The argument of accounting as either a science on art is a long-lasting one. One that many believes would never have an end. Nonetheless, that being said, the focus today would be on highlighting accounting as an art.
Before beginning, there are a few keywords that we would love to discuss.
• Accounting: Accounting is a process of recording and evaluating financial data. This financial data can be for firms and individual organizations as well.
• Art: Art can be defined as the use of creativity and natural ability in other to arrive at a particular result.
The focus of yesterday’s article was to highlight the science of accounting. Right now, we would be looking at the creativity and the intuitive part of accounting.
Accounting is an art
The study of accounting can also be described as an art because it contains some aspect that involves the use of intuition, natural ability and creativity.
A few accounting principles here and there are stagnant. Nonetheless, a large chunk of them gives room for the individuals tackling them to utilize their power of creativity.
Conclusion
With the aforementioned details, the study of accounting can be said to contain a mix of the science and art field of study.
As it involves the use of systematic and repetitive methods. Nonetheless, it also creates room for utilizing intuition and creativity as well.
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