But we've created a national accounting system which is firmly based on production and producing stuff. And indeed, this is probably historical, and it had its time.
They also develop company accounting policies and methods, delegate tasks and assignments to accountants, and create accounting systems to collect financial data for organizations.
In fact, the architect of our national accounting system, Simon Kuznets, in the 1930s, said that, " A nation's welfare can scarcely be inferred from their national income."
122.In principle, the installed software is assumed to make the accounting system more efficient but the reality is that all of us are discouraged from learning by heart so much complicated operating procedure.