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Primary principles of accounting and main financial statements

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Describe what you understand to be the primary principles of accounting and the main financial statements of accounting. Describe the value of various metrics in the financial statements for key groups within an organization: executives, shareholders, managers, employees, etc...

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The primary principles of accounting and the main financial statements are described. The value of various metric in the financial statements for key groups within an organization are given..

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Describe what you understand to be the primary principles of accounting and the main financial statements of accounting. Describe the value of various metrics in the financial statements for key groups within an organization: executives, shareholders, managers, employees, etc.

The primary principles of accounting are to provide financial information that is needed to make sound economic decision making in business. The main purpose of financial accounting is to prepare financial reports that provide information about an ...

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