Publisher: McGraw-Hill | pages: 840 | 2003 | ISBN: 007255388X | PDF | 11,2 mb
Accounting is the systematic process of measuring the economic activity of a business to provide useful information to those who make economic decisions. Accounting information is used in many different situations. The illustration in the introductory section shows how a business owner (Jane) can use accounting information. Bankers use accounting information when deciding whether or not to make a loan. Stockbrokers and other financial advisers base investment recommendations on accounting information, while government regulators use accounting information to determine if firms are complying with various laws and regulations.
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