Accounting constitutes a system of recording and controlling the profitability and efficiency of economic units. Through accounting, the monetary value of tangible or intangible goods, as well as financial transactions that alter the monetary value of these goods and thus change the overall value of the business, is systematically recorded. With accounting, the financial activities, monetary actions, or transactions of the business are identified and recorded systematically and methodically, so that future control is feasible. This system of recording and control is used by private enterprises, public organizations, or mixed-ownership businesses, aiming for the accurate determination of their financial reality and progress.