What is financial accounting information?

Answer Financial accounting information refers to data used to help assess the financial security of an organization and its operations. People who might use financial accounting information include compa... Read More »

Top Q&A For: What is financial accounting information

Can Financial Accounting Decisons Be Made Without Management Accounting?

Financial and management accounting coexist well in many firms. Both types of accounting can be integrated with the advent of the enterprise resource planning software (ERP), which connects both sy... Read More »

When Would You Use Both Financial & Managerial Accounting?

The two primary types of accounting used by businesses are managerial accounting and financial accounting. Managerial accounting is used for internal purposes, whereas financial accounting is used ... Read More »

Accounting & Financial Software?

Accounting and financial computer programs are useful to businesses, making them run more efficiently and effectively. Costs of both software and hardware have become affordable, with many small b... Read More »

What Are Financial Issues With Accrual Accounting?

Accrual accounting is used by most large firms in the United States. This basis of accounting recognizes income and expenses as they occur, not when the money actually exchanges hands. The accrual ... Read More »