Science Fair Project Encyclopedia - Accountant was also the
maker's name for a replacement for the Douglas_DC-3 Dakota
aircraft. It was made in or soon after 1945. A prototype was
made, but no more were made. Accountancy (British English) or
accounting (American English) is the process by which financial
information about a business is recorded, classified,
summarized, interpreted, and communicated. Auditing, a related
but separate discipline, is the process of an independent review
of financial statements in order to express an opinion as to the
fairness and adherence to generally accepted accounting
principles. Accountancy attempts to create accurate financial
reports that are useful to managers, regulators, and other
stakeholders such as shareholders, creditors, or owners. The
day-to-day record-keeping involved in this process is known as
bookkeeping. At the heart of modern accountancy is the double-
entry book-keeping system. This system involves making at least
two entries for every transaction: a debit i