answersLogoWhite

0

The process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of the information. It suggests accounting information is economic information.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What is the definition of accounting according to American accounting association?

According to the American Accounting Association, accounting is defined as the process of identifying, measuring, and communicating economic information to permit informed judgments and decisions by users of the information. This definition emphasizes the importance of providing relevant financial data to stakeholders for effective decision-making.


Who coined the term management accounting?

The term "management accounting" was popularized by the American Accounting Association (AAA) in the 1950s, although its roots can be traced back to earlier practices in accounting and business management. The AAA sought to distinguish management accounting from financial accounting, emphasizing its role in internal decision-making and operational efficiency. While no single individual is credited with coining the term, the association's efforts helped define and formalize the concept within the field of accounting.


Definition of computer accounting?

Writing resume/, economic,/ statement month/,finance,and business


Give the definition of accounting as proposed by the American Accounting Association?

check your answer


Give the 3 definition of accounting?

what is the answer!!


Definition of accounting according to PICPA?

accounting is the process of counting starting from the letter A.


What is the definition of WinCA software in accounting software packages?

Window Based Complete Accounting...


Definition of public sector accounting?

devinition


What definition of accounting?

A narrative or record of events.


Definition of accounting by American Institute of Certified Public Accountants?

standards issued by American Institute of Certified Public Accountants?


Definition of accounting equation?

Assets = Liabilities + Equity


Definition of ethics of accounting information?

Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.