From the development of accounting, what are the two traditional functions of accounting?

from the development process of accounting, the two traditional functions of accounting are accounting function and supervision function.

1. Accounting function

The accounting function of accounting means that accounting takes currency as the main unit of measurement, and confirms, measures and reports the economic activities of specific entities. Accounting runs through the whole process of economic activities and is the most basic function of accounting.

The contents of accounting mainly include:

(1) receipt and payment of money and securities;

(2) the receipt, increase, decrease and use of property;

(3) occurrence and settlement of creditor's rights and debts;

(4) increase or decrease of capital and funds;

(5) calculation of income, expenditure, expenses and costs;

(6) calculation and processing of financial results;

(7) Other matters requiring accounting procedures and accounting.

2. supervision function

the supervision function of accounting refers to the examination of the authenticity, legality and rationality of the economic activities of specific entities and related accounting.