Accounting

Warren Buffett is credited with coining the phrase “accounting is the language of business.” And he couldn’t be any more right. The easiest way to tell the health of a business is by reading their financial statements. Why is Accounting the language of business? Accounting shows you what has happened historically to a business. The language of Accounting is universal. While some countries account for items differently; financial statements mean relativity the same thing anywhere in … [Read more...] about Accounting is the language of business