Overview Of Accounting

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Written by:

Nathaniel B


Date added:

February 12, 2013







No of pages / words:

3 / 669


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The financial information is typically found in a firm’s financial statements and managerial reports. This paper will identify the audiences, purposes, and natures of financial statements. Finally, the use of the financial accounting information will be discussed in order for the business to make informed and ethical business decisions...
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Internal audiences include management, owners, and other employees interested in keeping tabs on the financial health of the corporation. Shareholders, investors, financial institutions who are interested in the firm’s credit worthiness and government entities such as the IRS are all external audiences for corporations’ financial statements...
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