Accountancy, asked by waheguru96, 1 year ago

Financial Accounting​

Answers

Answered by komal487480
1

Answer:

Financial accounting is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business.

Answered by FuzzieGirl
18

Answer:

Financial Accounting

Financial Accounting is both an art and science which is concerned with identification, measuring, recording, classifying, summarising, interpreting and communicating the results of the financial transactions of an organisation.

Financial Accounting is mainly concerned with providing the necessary financial information of the business organisation to all the stakeholders connected to the business enterprise.

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