Accounting:

Accounting is the process of recording, classifying, summarizing business transactions in a systematic manner.

Accounting policy:

The accounting policy is a specific principle, guidelines rule, system and practices applied by the organization in preparing the financial statement. It is a decision made by an organization in advance how, when, where and whether record and recognized entity.

Accountant:

An accountant is the person recorded the daily activity in the books of accounts according to the reporting financial framework.

Lease:

A lease is a legal agreement between two parties in which one party provides its asset to another to use for a specific period of time. The provider of asset is known as lessor and the receiver of the asset is known as lessee.