What is the main objective of financial accounting


Asked by admin @ in Business Studies viewed by 295 People


What is the main objective of financial accounting​

Answered by admin @



Answer:

the main objective of financial accounting is to accurately prepare an organization's financial accounts for a specific period, otherwise known as financial statements. The three primary financial statements are the income statement, the balance sheet and the statement of cash flows.


Similar Questions

What is one main objective in the study of economics

Asked by admin @ in Business viewed by 294 persons

What is one main objective in the study of economics? recognizing the types of services available to everyone recognizing the relationship between producers and consumers recognizing the reasons why consumers …

What are the main objectives of physical education

Asked by admin @ in Science viewed by 293 persons

Enlist the objective of physical education and explain any one of them

What was the main objective of treaty of vienna

Asked by admin @ in Social Sciences viewed by 291 persons

What was the main objective of the treaty of vienna of 1815? Mention any three important features of the treaty?

What was the main objective of gandhi irwin pact

Asked by admin @ in Social Sciences viewed by 263 persons

What was the main objective of Gandhi Irwin pact ?​

What is the main objective of software project planning

Asked by admin @ in Computer Science viewed by 296 persons

The objective of software project planning is to

What was the main objective of the constitution of 1791

Asked by admin @ in History viewed by 296 persons

Which of the following was the main objective of the Constitution of 1791? * (a)To limit the powers of the king alone (b)Do away with feudal privileges (c)Give equal rights …

The main objective of service level management is

Asked by admin @ in Social Sciences viewed by 308 persons

The main objective of service level management is

What is the main purpose of financial accounting

Asked by admin @ in Business Studies viewed by 273 persons

What is the main purpose of financial accounting? select one: a. Minimize company taxes b. Keep track of company expenses c. Organize financial information d. Provide useful, financial information to …

What is the main purpose of financial accounting mcq

Asked by admin @ in Business Studies viewed by 309 persons

What is the main purpose of financial accounting? select one: a. Minimize company taxes b. Keep track of company expenses c. Organize financial information d. Provide useful, financial information to …

Bookkeeping mainly consists of which part of accounting process

Asked by admin @ in Accountancy viewed by 460 persons

Bookkeeping mainly concerns with which part of accounting process

Bookkeeping mainly concerns with which part of accounting process

Asked by admin @ in Accountancy viewed by 2968 persons

Bookkeeping mainly concerns with which part of accounting process

Define accounting explain the objectives and scope of accounting

Asked by admin @ in Accountancy viewed by 477 persons

Define accounting explain the objectives and scope of accounting

Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset

Asked by wiki @ in Health viewed by 1313 persons

Which of the following would best complete this list?

Asked by wiki @ in Social Studies viewed by 764 persons

What had the king decided to do before he saw the spider

Asked by vanshika149 @ in English viewed by 1172 persons

Most viewed questions in Business Studies


Where do improvement initiatives get recorded in tcs

Asked by admin @ in Business Studies viewed by 8006 persons


Tcs agile vision enterprise agile by 2020 means

Asked by admin @ in Business Studies viewed by 5781 persons



Difference between general cargo rates and specific cargo rates

Asked by admin @ in Business Studies viewed by 3123 persons


The scrum team is using the kanban board

Asked by admin @ in Business Studies viewed by 3042 persons


Agile teams need to comply by the agile values

Asked by admin @ in Business Studies viewed by 2989 persons



Which statement is incorrect about exception handling in blue prism

Asked by admin @ in Business Studies viewed by 2946 persons


Explain how business is transforming itself to e business

Asked by admin @ in Business Studies viewed by 2652 persons



Factors considered essential for the audit of a company

Asked by admin @ in Business Studies viewed by 2503 persons


To manage the azure ad the required privilege is

Asked by admin @ in Business Studies viewed by 2291 persons


Nature of products offered for sale in departmental store

Asked by admin @ in Business Studies viewed by 2205 persons



There is no difference between shut company and delete company

Asked by admin @ in Business Studies viewed by 2048 persons


What does data warehousing allow organizations to achieve

Asked by admin @ in Business Studies viewed by 1849 persons