Why Do Stakeholders of an Organization are Interested in Financial Accounting?
VerifiedAI Summary
Financial accounting (FA) is a process which is useful in tracking the financial transaction of company for particular fiscal year. Financial accounting helps in presenting the financial information in the structured manner for better understanding and effective decision making for future success and development of the business. Purpose of FA FA helps in providing in-depth information of the organization fiscal state and it also helps in sound decision making in an accurate and efficient manner.