Foundation in Accounting (Paperback) (ISBN-13: 9786203581003)

Every profit or nonprofits business entity requires a reliable internal system of accountability. A business accounting system provides this accountability by recording all activities regarding the creation of monetary inflows of sales revenue and monetary outflows of expenses resulting from operating activities.The accounting system provides the financial information needed to evaluate the effectiveness of current and past operations. Besides, the accounting system maintains data required to present reports showing the status of asset resources, creditor liabilities, and ownership equities of the business entity.Financial accounting is concerned with the recording of financial transactions and analyzing the effect of such transactions to assist in the development of business decisions.

Author: Alpha Bernard Bangura
ISBN-10: 6203581003
ISBN-13: 9786203581003
Publisher: LAP Lambert Academic Publishing
Language: English
Published: 04/07/2021
Pages: 668
Format: Paperback
Weight: 2.13lbs
Size: 9.00h x 6.00w x 1.47d