THE SYSTEMIC VISION OF ACCOUNTING


          Assistant Ph.D. Student Gomoi Bogdan Cosmin, bogdan_gomoi@yahoo.com
                               University „Aurel Vlaicu” of Arad


       Abstract: If we imagine a long distance telephone company with no system in place to
document who calls whom and how long they talk or a manager of a 300-unit apartment complex
who has forgotten to write down which tenants have and have not paid the month’s rent or an
accounting professor who, the day before final grades are due, loses the only copy of the disk
containing the spreadsheet of all the homework, quiz and exam scores, we realize that each of these
scenarios illustrates a problem with bookkeeping, the least glamorous aspect of accounting.
Bookkeeping is the preservation of a systematic, quantitative record of an activity and bookkeeping
systems can be very primitive. But the importance of routine bookkeeping cannot be overstated;
without bookkeeping, business is impossible.

       Key words: bookkeeping, accounting.

       Jel codes: M41, A19.




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