Accounting

To provide a record such as funds paid or received for a person or business. Accounting summarizes and submits this information in reports and statements. The reports are intended both for the firm itself and outside parties.


Concise accounting helps management make accurate decisions.



Advanced Financial Statement Analysis - Learn what it means to do your homework before investing in a company. Get a deeper understanding of the structure of financial statements and what they tell you about a company's performance and reporting practices.
Related Terms

Accountant

Annual Report

Cook the Books

Cookie Jar Accounting

CPA

GAAP

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