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DR.C.PARAMASIVAN,PH.DASSISTANT PROFESSOR OF COMMERCE
PERIYAR E.V.R COLLEGE (A)
TIRUCHIRAPPALLI – 620023
TAMIL NADU
EMERGING TRENDS IN
ACCOUNTING
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ACCOUNTING
Accounting is the art of recording business transaction
It is the language of business
Financial transaction of economic entities
Communication of financial information
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HISTORY OF ACCOUNTING
The early development of accounting dates back to ancient
Mesopotamia, and is closely related to developments in writing,
counting and money
early auditing systems by the ancient Egyptians and Babylonians.
By the time of the Emperor Augustus, the Roman government had
access to detailed financial information.
Established by Italian mathematician LUCA PACIOLI in 1494.
Father of book keeping
In India , Kauṭilya mentioned in Arthashastra
Accounting began to transition into an organized profession in the
nineteenth century, with local professional bodies in England
merging to form the Institute of Chartered Accountants in England
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IMPORTANCE OF ACCOUNTING
Recording
Classifying
Summarizing
Systematic manner
Interpreting result
Decision making
Future Reference
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TYPES OF ACCOUNTING
Financial Accounting
Management Accounting
Cost Accounting
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EMERGING ACCOUNTING
Public Accounting
Tax Accounting
Forensic Accounting
Project Accounting
Social Accounting
Environmental Accounting
Inflation Accounting
Human Resource Accounting
Computerized Accounting
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ACCOUNTING SOFTWARE
Tally ERP 9 - An comprehensive accounting software
Profit Books - The next generation Online Accounting Software
Busy Accounting Software - Busy Infotech Pvt. Ltd.
Accounting Guru - Veersoft Solutions
Accounter - Vimukti Technologies Pvt. Ltd.
Wings Accounting - WingsInfo
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CAREER IN ACCOUNTING
CA
CMA
CFA
DIFRS
MBA
MCOM
B.VOC (Accounting )
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EMPLOYMENT IN ACCOUNTING
Auditor
Accountant
Financial manager
Store keeper
Purchase officer
Casher – Clark
Self employment
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OPPURTUNITIES FOR ACCOUNTING
Make in India - Skill India
BFIS
Financial consultancy
BPO
Stock market
Report writing
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LIFE MANTRA
MARKET A PRODUCT
OR
MARKETABLE PRODUCT
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SMALL THINGS MAKE LOT
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THANK YOU
for your kind patient