What is the basic function of accounting?

The six basic functions of accounting are to reflect economic conditions, supervise economic activities, control economic processes, analyze economic benefits, predict economic prospects and participate in economic decision-making.

Accounting is a Chinese word, accounting has two meanings, one is accounting work and the other is accounting personnel. Accounting is a process of auditing accounting vouchers, financial account books and financial statements according to Accounting Law, Budget Law and Statistics Law, and engaging in economic accounting and supervision. It is an economic management work that takes currency as the main unit of measurement and uses special methods to account and supervise the economic activities of a unit. Accounting personnel are those who work in implementation of accounting, including accounting supervisor, accounting supervision and accounting, property management, cashier, etc.