for questions that relate to the laws, practices, and products of accounting. Please note that questions about accounting that are academic or have no bearing on personal finance are off-topic here.
accountancy is "the art of recording, classifying, and summarizing in a significant manner and in terms of money, transactions and events which are, in part at least, of financial character, and interpreting the results thereof."
- From Wikipedia Accounting page
Please note that questions about accounting that are academic or have no bearing on personal finance are off-topic here.