BMAL 530 Faith Essay Assignment Instructions You will write an 800-word essay in current APA format that focuses on how biblical concepts are related to the fields of accounting and finance. The essay...

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Faith Essay
If we look at the beginning of history then the acts or the manner of finance and accounting has changed a lot and evolved over the time even the centuries have passed till then and are used everywhere and by each person across the world. Irrespective of new or old testament, the bible has done the discussion regarding the subject of accounting and even the finance in form of many parables as well as the scriptures. Many concepts in the bible are even applicable to the new and modern businesses and are considered as very true and good. The practices which are used in accounting and finance are achievable because of the ethical foundation laid by the bible and they received a true guidance from the biblical foundation only ("Biblical Concepts Related to the Fields of Accounting and Finance", 2022). In this discussion we will discuss the manner in which the concepts of bible are connected to the accounting and finance and various principles that are biblical in nature without which achieving success in finance and accounting would not be possible.
The main purpose of accounting is to keep a track of all the financial information and check whether it’s accurately managed and well reported all over the business and also check its impact and accuracy over the personal lives of the society or the people connected to the business. The importance which accounting has today has not changed in any manner the way it was important in the biblical times (2022). We can see that there is increase in frauds and...