The purpose of the financial statements is to provide a factual information and fair view information regarding the state of the financial condition and operating results of the business and should display cleary the financial information for the intented parties not to be misled with their judgments and decisions.
The purpose of Statements of Financial Accounting Concepts is to : A establish GAAP.
The purpose of accounting is to provide important financial information in order to make fast and precise decisions.
The purpose of the Financial Accounting Standards Board is to develop (GAAP) generally accepted accounting principles in the US that are in the public's interest.
The purpose of management or managerial accounting is to obtain financial information to help make business decisions. Another type of accounting is financial accounting.
The purpose of the Financial Accounting Standards Board is to develop (GAAP) generally accepted accounting principles in the US that are in the public's interest.
The International Accounting Standards Board (IASB) was founded in 2001. The purpose of this 15 member organization is to set United States accounting standards.
The purpose of a public sector is to give service to the customers
what is the primary purpose of accounting
general purpose
expenditure in GNP accounting
The main purpose of cost accounting is to provide mangement with financial information necessary
I think the accounting statement indicates that accounting is merely a tool, or a means, for measuring and determining the state of a business. Accounting is not an end in and of itself. Accounting doesn't define a business' purpose or goal. It's strategy and financing of a business plan that is actually the main purpose.