answersLogoWhite

0

The basic functions of accounting are:

  • Interpret and record business transactions.
  • Classify similar transactions into useful reports.
  • Summarize and communicate information to decision maker.
User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

What is the basic qualification for joining chartered accountant course?

B.com


Does one need science to become an accountant?

No. Just some basic mathematics modules! You dont need rocket science to become an accountant


Why accountant need a psychologist?

If you have earned a psychology degree but joined a firm as an accountant, you must understand basic accounting concepts before performing.


The basic function of a transformer is to change?

The basic function of a transformer is to change voltage levels.


Which branch of math must you know really well if you want to be an accountant?

An accountant uses multiplication and adding. Also includes subtraction, division, and sometimes basic algebra.


What does an entry level accountant do?

There are a number of things that an entry level accountant can do. Some of them include basic bookkeeping, entering ledgers and journals, bank reconciliation and so much more.


What is the basic purpose and function of an independent laboratory?

basic purpose and function of an independent laboratory


The max function is an example of what function?

It is a Basic Statistical Function.


What is the function of accountant?

An accountant can have several different functions within a company. They are responsible for tracking the money that goes out and comes into the company and also may figure and write the employees paychecks.


What would an accountant use exel for?

what letters would you use if you were to write a function representing an average


What formula in Excel that reminds of expense report for accountant?

There are a lot of formulas that can be used in an expense report for an accountant. There are many functions that can be used in them, with the SUM function being the most obvious one.


Are the basic unit of structure and function in living things?

Cells are the basic structure of living things, im not so sure about what you mean by basic function.