The term known as the "language of business" is often referred to as accounting. Accounting provides a systematic approach to recording, analyzing, and reporting financial transactions, serving as a universal language for businesses of all sizes and sectors. This discipline enables stakeholders—including managers, investors, and regulators—to understand an organization’s financial health and performance. Accurate accounting is essential for decision-making, financial reporting, and compliance with laws and regulations. The principles of accounting facilitate effective communication within companies and across industry sectors, helping build trust among investors and clients in a global commercial environment.