Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. It provides the financial statements which are the end product of the accounting system. The primary financial statements are the income statement, balance sheet, and cash flow statement which show a company's profits/losses, assets/liabilities/equity, and cash inflows/outflows over a period of time.
Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. It provides the financial statements which are the end product of the accounting system. The primary financial statements are the income statement, balance sheet, and cash flow statement which show a company's profits/losses, assets/liabilities/equity, and cash inflows/outflows over a period of time.
Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. It provides the financial statements which are the end product of the accounting system. The primary financial statements are the income statement, balance sheet, and cash flow statement which show a company's profits/losses, assets/liabilities/equity, and cash inflows/outflows over a period of time.