Purpose of Accounting for an Organization?

Answer Some small companies neglect the need for a formal accounting process. But every organization, whether it is for profit or nonprofit, large or small, benefits from having an accounting system and a... Read More »

Top Q&A For: Purpose of Accounting for an Organization

Organization Involved in Developing Accounting Principles?

Accountants work in a variety of industries managing the financial recording of all business transactions. The accountants communicate the financial results through the publication of financial sta... Read More »

What is the purpose of the code of ethics in an organization?

Understanding how to properly behave in an organization is the purpose of a code of ethics. Whether it is to know the difference between right or wrong, good or bad and just or unjust, a good code ... Read More »

What is the purpose of an organization having a Dunn& Bradstreet number?

DUNS stands for Dun & Bradstreet (D&B) Universal Numbering System. You must have a DUNS number if you are an organization or business that applies for federal grants or has federal contracts. You a... Read More »

The Purpose of Accounting Information?

Accounting has often been called the language of business. It has earned this designation as companies use financial information to deliver information in a universal manner for review by internal ... Read More »