ACCT 122: INTRODUCTORY ACCOUNTING 1 NOTES

Institution University
Course ACCOUNTING
Year 1st Year
Semester Unknown
Posted By Mwalimu Evans Okoyo.
File Type pdf
Pages 44 Pages
File Size 274.53 KB
Views 2700
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Description

Accounting – “an information system that identifies, measures, records and communicates relevant, reliable, consistent and comparable information about an organization’s economic activities.” collecting information, recording it, and then reporting it to various decision makers. Using the information that accounting provides enables people to make better decisions, evaluate opportunities and determine the performance of an organization.
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