Father of Modern accounting is Luca Pacioli, who made it very easy to record all the financial transitions. The system of double book keeping helps in preparing the financial statement and meeting all the legal requirements by its books. It also gives information about the total and net profit earned in year. It provides you knowledge that how a company maintains its account and how it helps legally when required. Brain storm provides you perfect knowledge about accounting system through its teachers who have completed their CA. Join us today and get complete knowledge about this subject if you want to make your carrier in Financial sector.