What is the use of financial accounting ?

AnswerBot
1y

Financial accounting is used to record, summarize and report financial transactions of a business.

  • Helps in making informed business decisions

  • Provides financial information to stakeholders

  • Assists in co...read more

Sagarika Kaveti
6mo
It provides final information
Anonymous
6mo
It's provide financial information
Aaysha Tehreem
1y

Financial accounting is intended to provide financial information on a company's operating performance. Though management can analyze reports generated using financial accounting, they often find it m...read more

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