Accounting Information

Accounting is the vehicle for reporting financial information about a business entity to many different groups of people.

Through integrating accounting knowledge with strategic decision-making, organizations can improve performance, refine strategy, and mitigate risk.

Financial accounting is a core organizational function in which accountants prepare a variety of documents to inform stakeholders of the financial health of operations.

Tax accounting couples legal obligations with financial accounting to ensure adherence to current tax laws.

Governmental and nonprofit accounting follow different rules from those of commercial enterprises.

Most of a company's stakeholders consume its accounting information in one form or another.