Accounting I

Accounting I

Accounting

The purpose of accounting is to provide a means of recording, reporting, summarizing, and interpreting economic data. In order to do this, an accounting
system must be designed. A system design serves the needs of users of accounting
information. Once a system has been designed, reports can be issued and decisions based upon these reports are made for various departments. Since accounting is used by everyone in one form or another, a good understanding of accounting principles is beneficial to all.

John Petroff

Professional Education, Testing and Certification Organization International

Cut Rita Zahara

Creative Commons

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