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What is the purpose of accounting? - Questions & Answers ...

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Nov 19, 2011 ... The purpose of accounting is to accumulate and report on financial information about the performance, financial position, and cash flows of a ...

Purpose of Accounting - AccountingVerse

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The basic purpose of accounting is to provide information that are useful in decision-making. Learn more about the role of accounting and the types of ...

Financial Accounting - QuickMBA

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The purpose of accounting is to provide the information that is needed for sound economic decision making. The main purpose of financial accounting is to ...

What Is Accounting? - Purpose, Importance & Relationship to ...

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Just as French is considered the language of love, accounting is considered the language of business. In this lesson, you will learn exactly what...

The Role of Accounting in the Business

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In fact, the purpose of accounting is to help stakeholders make better business decisions by providing them with financial information. Obviously, you wouldn't try  ...

What is the purpose of financial accounting? | Reference.com

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Companies and individuals use financial accounting for the purposes of preparing and presenting financial statements. They use these statements to determine ...

The Real Purpose of Accounting Not Everybody Knows - Buzzle

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Aug 6, 2016 ... The Real Purpose of Accounting Not Everybody Knows. Companies invest a lot of time and money in maintaining their accounts. Besides being ...

What Is the Purpose of an Accounting Department Within an ...

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An accounting department provides accounting services and financial support to the organization it belongs to. The department records accounts payable and ...

nature and purpose of accounting - SlideShare

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Aug 13, 2012 ... Chapter 1: Nature and purpose of accounting After studying this topic you should be able to Explain the purpose of accounting in a ...

The basic purpose of an accounting system is to: ? - Bayt.com

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d meet organization s need for accounting information as efficiently as possible.

Answers
What Is the Purpose of Accounting?
Keeping track of transactions and recording revenue and expenses are important business processes often assigned to an accounting department or a financial manager. Accounting is a business discipline that allows companies to record, analyze and retrieve... More »
Difficulty: Easy
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