The Application Of Accounting Principles In Insurance Companies

CHAPTER ONE1.0    INTRODUCTIONAccounting is very essential in every profit makingorganization that has economic resource such as money, machinery and building, while it has bee called the language of business.  It has serves as a language to provides financial information about non profit oriental businesses organization such as churches, government, charities, hospital, club etc.    In addition once role or objectives in life as a manager. Politician, investor, student he wile find the knowledge of accounting as one of his needs.Many people have try to answe…