Explore BrainMass

Explore BrainMass

    Primary principles of accounting and main financial statements

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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...

    © BrainMass Inc. brainmass.com December 24, 2021, 9:08 pm ad1c9bdddf
    https://brainmass.com/business/financial-statements/primary-principles-accounting-main-financial-statements-347683

    Solution Preview

    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 ...

    Solution Summary

    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..

    $2.49

    ADVERTISEMENT