According to you, what is financial accounting?
Financial accounting is an essential business process that enables professionals to understand the finances of their business. Enables transparency, data-driven decision-making and improved profitability
Do you know any of the accounts used in financial accounting?
Financial accounting determines the general result of a company and recognizes all income and expenses; it states which services have been created at what cost and what exactly the costs were for. Financial accounting includes accounts payable, accounts receivable, and payroll and financial accounting.