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Questions and Answers
What is accounting?
What is accounting?
Accounting is the processing of information about economic entities, such as businesses and corporations.
Who are the stakeholders that accounting conveys information to?
Who are the stakeholders that accounting conveys information to?
Stakeholders include investors, creditors, management, and regulators.
What does financial accounting focus on?
What does financial accounting focus on?
Financial accounting focuses on the reporting of an organization's financial information to external users.
What are the different fields of accounting?
What are the different fields of accounting?
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What is the focus of management accounting?
What is the focus of management accounting?
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