Commerce Subjects Accountancy Business Studies Economics Accountancy Accountancy is the practice of recording, allocating and outlining on trade transactions for a business. It provides an assessment of management concerning the financial outcomes and ranking of an establishment. A few accountancy tasks include recording, classification and reporting of a transaction. When any information is prepared as a report for any individuals or companies to be used outside the organization, the process is known as ‘financial accounting’. Business Studies Business Studies is a vast subject in the social sciences that allows an in-depth study of a degree of specialities. This would include Finance, Accountancy, Marketing and organisation. It gives an individual a substantial foundation and understanding of how a business should be operated while enhancing communication, operation, strategy and commercial activity skills. Economics Economics can be explained in different ways. It’s the study of shortage, the study of how people make optimum utilization of resources. It helps people to understand how an individual, companies, and governments make decisions on declared resources to satisfy desires and requirements. It also helps determine how an individual or an organization should organize and coordinate with each other to determine the expected outcome.