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RE: The accounting process and its influence on the company's profitability

in Project HOPE3 years ago

Hi @dgalan

I am left with this that you mention "purpose of general information is to provide information on the financial situation, financial performance and cash flows of the entity", a little to understand the managerial utility of this accounting area.

Best regards, good luck.

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Greetings @ lupafilotaxia
The main function of accounting is to provide information to managers or owners of companies, for decision making of any kind, whether administrative, economic or financial. As well as they can project, applying management indicators and risk the future of the company in certain economic operation.

Thank you very much for commenting

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