Why is accounting called the language of business PDF

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Why is accounting called the language of business?

Humans express their feeling through words may it be written or verbal form. However, accounting is the form on how people is communicating information on business. Communication is an important role on the business environment. Somehow, accounting is similar wherein it is the key to express the recorded data and prepares the transactions to be interpreted. Performance of a business firm can be easily compared as there are previous records and it can open to many suggestions wherein it can help the business be more stable and gain more profit. Accounting is vital to the business as it is the way to keep track of how a business is doing. These are some reasons why accounting is called the language of business....