The Role of Accounting in Business: Challenges and Impact Analysis

This report discusses the role of accounting in business, focusing on the challenges faced by accounting departments and the impact on the business, employees, society, and environment. It explores the importance of accounting in tracking financial transactions, making management decisions, and providing financial information to stakeholders. The report also highlights the challenges faced by Airbus SE in controlling the cost of air operations and the need for accounting standards. Additionally, it discusses the impact of accounting on employees, as well as its role in society and the environment.