What is Accounting Study Material? As per, the American Institute of Certified Public Accountants , "The art of commemorating, sorting out and summing up in a noteworthy manner and in terms of money dealings and events which are, in part at any rate, of a financial disposition and that goes well with understanding the results there from." Attributes of Accounting The described definition discloses the following as Properties of Accounting · Events and proceedings of a Financial Nature are commemorated while the consequences of a non-financial nature are not entered. · Not only this, the record should reproduce the significance of Transactions so registered both independently and cooperatively, which lets in summarization, in that way making it adaptable to investigate. · It can also be seen that the exploiters of the financial statements should be accomplished enough to get