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What are the objective of accounting?

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What are the objective of accounting?

Posted by Snow ????? 3 years, 10 months ago

CBSE > Class 11 > Accountancy

1 answers

Gagana Shree 3 years, 10 months ago

The main objective of accounting are : 1) to depict the financial position of the business 2) to calculate profit and loss at end the specific year or period 3)to provide as proof of transactions done . 4) to give information to external as well as the internal members as government, income tax officers, manager.., etc Hope it helps?

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