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... And, what part does accounting play? ... The main purpose of accounting is to provide useful, reliable, and timely information to people who make rational investments, credit, and similar decisions. ... Decision makers who use accounting information include present and potential investors, lenders, managers, suppliers, customers, and other users. Accounting is used to provide information about all profit-oriented businesses. ...
Whether you are planning to be an accountant, an employee, a manager within an organization, or an external user of the information, your knowledge of accounting will help you achieve more success in your career.
The internal role of accounting is to serve the organizations various functions by providing information that helps them complete their tasks. ... By providing this information, accounting helps departments such as Finance, Human Resources, Research and Development, Production, Marketing, and Executive Management reach their overall goals.
Approximate Word count = 661
Approximate Pages = 2.6
(250 words per page double spaced)
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