If you have ever thought that accounting is about the tracking of money coming in and out, you would be right, at its fundamental level. However, accounting can be described more eloquently as the language of business. You see, accounting communicates a plethora of information between employees, owners, managers, and investors to help understand how a company is doing. So, essentially, accounting tells a story to help understand a businesses financial state. In order to make decisions to better help organizations, accounting reveals financial information in transparent ways to help those invested in the company make the best decisions as possible.
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