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About Introduction To Accounting: The Purpose of Accounting
Accounting provides financial information to both internal and external users by measuring and recording business transactions. It has three main functions: to accumulate financial data, measure financial performance, and communicate financial information. This allows informed decisions to be made by management and other users such as investors, lenders, and regulators. The key financial statements are the balance sheet, income statement, and statement of cash flows.
Detailed Information
| Author: | ['juicyduff'] |
|---|---|
| Publication Year: | 2011 |
| Pages: | 5 |
| Language: | English |
| Format: | |
| Price: | FREE |
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