Question

and nonprofit accounting supports organizations whose purpose is not generating a profit, but serving ratepayers, taxpayers, and others according to a duly approved budget.

Answer 1

Government and not-for-profit accounting.

Management accounting information is intended to help managers within an organization make informed business decisions, whereas financial accounting is intended to provide financial information to stakeholders outside the organization. I'm doing it. The main functions of accounting are storing and analyzing financial information and monitoring financial transactions.

Accounting is used to prepare financial statements for a company's employees officers and investors. Accounting also helps ensure the disbursement of funds inside and outside the company. Should be adopted into public accounting on a fee basis. As an individual or as a member of an audit firm. Certified public accountants who meet state education experience and exam requirements can become certified public accountants.

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