THE ROLE OF THE ENGLISH LANGUAGE IN MODERN ACCOUNTING PRACTICES

The English language is used for more purposes than ever. It is very closely related to economics, globalization, modernization, and development. Companies all over the world are competing fiercely in the business world.The English language is rich in every feature. It is a key to discovery and the world’s storehouse of knowledge. English has a huge impact on economic modernization and industrial development. Every government, every company, and every person need to know the English language with precise and non-interchangeable vocabulary, where a lack of linguistic fluency often leads to the misinterpretation of vital financial data.