What is the role of accounting in business

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asked Dec 2, 2019 94.7k views

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Michael Antonius · Answer 1 · 2019-12-07T07:56:23+0000

The purpose of financial accounting is to provide information that helps with the assessment of a firm's financial history and current performance. Financial accounting includes income statements, balance sheets, and statements of cash flows.

What is the role of accounting in business

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