Accounting has a great value in information age. It is a system that identifies, records and deliver financial information that is relevant, reliable and comparable in order to help users to make better and accurate decisions.
The role and the purpose of the accounting function can be identified 'to ensure the business's transactions are recorded and processed completely accurately and securely, and that relevant information is given to management'.
pls give me accounting informotion systam
To many companies rely on accounting information systems because they are so prevalent. If the system fails, the business would be at a loss for information.
It helps to keep all of the information organized for the company. If you can keep track of finances better, you can make more money.
Accounting has been defined as the process of identifying, measuring, recording and communicating economic information to permit informed judgments and economic decisions. The primary purpose of accounting is to help persons make economic decisions. In our society resources must be allocated among and within all kinds of entities. Accounting information provides the basis for making decisions about resource allocation.Accounting information is financial information about economic activities. All economic entities (e.g. businesses, government agencies, families, charitable entities) need such information because it is used for making economic decisions about those entities.11 Hoggett, J.R., Edwards, L., & Medlin, J., Accounting in Australia, Fifth Edition, Chapter 1.
this question is for better accounting system0si
The role of management levels in accounting is to get full information about the financial position in the organization to get the decision
The limitations of accounting information Despite the usefulness of accounting information, there are some limitations: 1. An accountin
Managerial accounting play a vital role in managers life,Life is veyi easy due to managerial accounting
Financial accounting
what are the advantages of accounting information disclosure?
accounting is basic math so you kind of need it to do accounting
Role of cost accounting in managerial decision making?"
Management accounting or managerial accounting is concerned with the provisions and use of accounting information to managers within organizations, ...
They need accounting information to make a study and assess how accounting information affect business organisation.
Think of accounting as the language of business. In order to communicate to investors, lenders, boards of directors and other stakeholders, it is critical that one is well versed in the language. Accounting records are the source information for financial statements which are used for many purposes including evaluating a business, making strategic decisions and assessing the health of an organization.
accounting information system?