Critical evaluation of the accounting function
The function of providing information of accountant : This is the most important function of accounting. By collecting information about financial and economic events, processing information, and using its scientific methods, accountants can provide information about the financial position, results of business activities of company units for different subjects to use the information to make appropriate decisions. Many people need to use the information provided by accountants: In this part, we will divide them into two categories: External users and Internal users. 1. External users: Business : Businesses can track their production and business activities and consider the correlation between revenue and costs, using measurement tools and financial data analysis and providing development orientations, increasing profits in the field in which the company is operating. Lenders : lenders are interested in information that enables them to determine whether the...
