What would happen if there was no accounting in this world?

What would be the scenario if for one day the subject of accounting is removed from the world?

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5 Answers
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  • Imagine running a business, only this time:

    - You don't know where your money is going or coming from
    - You have no records of it
    - Your taxes aren't calculated or paid on time
    - You have tons of data lying around, but you don't know what to do with them

    Sounds like chaos?
    The reason why you need an Accountant!
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  • Apart from the actual financial and accounting tasks, an accountant is responsible for the fraud protection and safeguarding of the company. Without accountants, there would be leaks of important data and information that can cause serious financial losses, hijacking, stealing and other financial crimes.
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  • Nothing will happen
    0
  • mind ko calculation krna pdta 
     mind sharp hota
     
    0
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