1. THE AREA OF ACCOUNTING 5
1.1 Evolution of accounting 5
1.2 Quran and Accounting 5
1.3 Why Accounting is Necessary 6
1.4 Definition of Accounting 6
1.5 User of Accounting 7
1.6 Difference between Book-Keeping & Accounting 9
1.7 Glossary of Common Terms 9
1.8 Abbreviations 11
1.9 American Terminology 12
1.10 Self-Assessment Questions – 1