Ass #1- Step 4- A Way of Viewing Business

A way of viewing is Business is the foundations to accounting. In order to be able to use accounting in everyday life you need to know its story. Where it came from, what were the reasons behind its design. A way of viewing business takes back to the history of Accounting and shows us the reasons for the method we use today. It shows us there are many different types of businesses and how each of those will still need accounting principles despite the fact that they're smaller types of businesses.