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Accounting is the process by which financial information about a business is recorded, classified, summarized, interpreted, and communicated. In a financial accounting we record all the transactions of a business which are money related. The purpose of this chapter is to explain the function and objectives of accounting, the need for financial information, who the users of the financial information are, the. Cost accounting is a sub type of financial accounting in cost accounting we record all costs and expenses which are used or pertained in the. Its writing style makes it easy to read and understand, while the selection of real focus companies reinforces the relevance of accounting by introducing students to accounting and business. Free torrent download principles of financial accounting chapters 117 pdf ebook.

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