What is the role of account
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The Role of Accounting in Business Good accounting is as vital to your business as good sales. The role of accounting is to provide you and any other stakeholders with financial information about the company, such as sales revenue, the cost of benefits and the amount you owe your suppliers.
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Accountants generally record, collect, analyse, and report on financial data. In most cases, accountants use the financial records compiled by bookkeepers to prepare financial statements and reports, and to perform financial analysis.
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