Critical Issues in Accounting

The world has numerous languages to communicate, understand and interpret problems. The language of finance, business and numerical figures is recognized as accounting. The roots of accounting sprouted in the Middle East, but flourished in Europe. The concept of accounting is thousands of years old, where ancient citizens used it to deal with money problems, majorly in the cases of recording expenditures, and trading goods. The modern accounting has merged countless latest techniques to improve the practice and implementation in practical life. Accounting plays a significant role in many ways to resolve financial dilemmas