Areas of the use of accounting

Areas of the use of accounting

















Accounting used in the various economic units that practice a certain activity in order to achieve a particular goal, regardless of the nature of this activity or legal form for these units, and that the use of accounting and a broad and multi-varies as economic units. And these units can be classified as economic, according to the following:



First: in terms of the nature of the activity:




1 - commercial: Kmencat wholesale and semi-wholesale and retail.



2 - Industrial: as factories that convert various raw materials to finished goods or semi-ready.



3 - extraction: agriculture, mining and petroleum.



4 - Finance: such as banks and insurance companies.



5 - Transportation: such as lines of ground and air and sea.



6 - the liberal professions: lawyers, accountants, engineers and doctors.



7 - Public Utilities: such as electricity, water and telephone.



8 - of non-profit organizations: such as electricity, water and telephone.







Second: In terms of legal form:


1 - individual projects: It includes all projects that are owned and managed by one person, the purchase and sale of goods by himself and is responsible for the project.



2 - businesses of all types: including all enterprises owned by more than one person, whether public or private