What are the two traditional or basic functions of accounting

The basic functions of accounting are accounting and accounting supervision.

The specific functions of accounting include information function, behavioral regulation function, resource allocation function, interest protection function, industry management function, and other functions that serve the enterprise management and social management.

Accounting supervision function: the legitimacy and rationality of the economic activities of a particular subject to supervise. Accounting supervision is through prediction, decision-making, control, analysis, evaluation and other specific methods to promote economic activities in accordance with the provisions of the. Requirements for operation to achieve the desired purpose.

Accounting functions: money as the main unit of measurement: note the word "main", the implication is that in addition to the monetary unit of measurement can also be physical and labor as a secondary unit of measurement.