Posts Tagged ‘Types of Financial Statements in Accounting’

Types of Financial Statements in Accounting

Types of Financial Statements in Accounting

Accounting- information system that measures business activity , processes the data into reports, communicates the results to decision makers Financial Statements- report on a business in monetary terms Accounting can be divided into 2 fields: Financial and Managerial Financial Accounting-provides information for external decision makers Managerial Accounting- provides information for internal decision makers   Governing [...]