Accounting Is A Field Of Specialization Critical To The Functioning Of All Types Of Organizations. Accounting Often Is Referred To As "the Language Of Business" Because Of Its Role In Maintaining And Processing All Revecant Financial Information That An Entity Requires For Its Managing And Reporting Purposes. About Author : Prof. A.K. Choudhary, MBA Has Been Teaching Management At The Post Graduate Level For The Last 20 Years. He Has Attended Many National As Well As International, Conferences On Management And Administration For Giving A New Dimension To The Human Resource Development Training Needs Of Our Country