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Managerial accounting is a type of accounting which is concerned with providing information to managers that is, people inside an organization who direct and control its operation.
The primary purpose of accounting information is to provide useful information to help people make decisions.Stakeholders of a company are interested in the financial performance of that company, and therefore require accounting information in order to assess the company's well-being.In order for accounting information to be useful, it must be:UnderstandableRelevant/TimelyReliable/VerifiableComparable
accounting system
The purpose of accounting information is to provide financial data that will serve as a basis for future decisions. This information is commonly used by business owners and shareholders.
Accounting is a system of maintaining records of a companies operations and communicating that information to decision makers.
Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.
The purpose of accounting is to provide important financial information in order to make fast and precise decisions.
Managerial accounting is a type of accounting which is concerned with providing information to managers that is, people inside an organization who direct and control its operation.
The primary purpose of accounting information is to provide useful information to help people make decisions.Stakeholders of a company are interested in the financial performance of that company, and therefore require accounting information in order to assess the company's well-being.In order for accounting information to be useful, it must be:UnderstandableRelevant/TimelyReliable/VerifiableComparable
The purpose of management or managerial accounting is to obtain financial information to help make business decisions. Another type of accounting is financial accounting.
accounting system
The main purpose of cost accounting is to provide mangement with financial information necessary
The purpose of accounting information is to provide financial data that will serve as a basis for future decisions. This information is commonly used by business owners and shareholders.
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Accounting is a system of maintaining records of a companies operations and communicating that information to decision makers.
Balance sheet
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions for decision-making. Its purpose is to provide accurate and timely financial information to internal and external users to help in making informed business decisions and assessing the financial health and performance of an organization.