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Hello, Ladies and Gentlemen Welcome!Today We will be learning about Accounting.
Well, Adelei. An accountant is a person who records business transactions on behalf of an organization, reports on company performance to management, and issues financial statements.
Sharon, can you please explain to us what an Accountant is?
Accounting information provides a snapshot of a companies financial health. It provides business owners with a detailed analysis of how their companies have spent money on certain business functions. By providing data through a variety of statements including the balance sheet and income statement, a company can give investors and lenders more power in their decision-making.
Thank You for joining us today Sharon?
Ok, and how is accounting information used for decision-making?
Ethics require accounting professionals to comply with the laws and regulations that govern their jurisdictions and their bodies of work. It helps avoiding actions that could negatively affect the reputation of the profession is a reasonable commitment that business partners and others should expect.
Can you explain the need for a code ofethics in accounting and theethical responsibilities requiredof accountants.
Hey, Lisa, Quick Question.
No problem, Adelei!.
Thank You, Lisa for Joining us today.
Thank You for joining us today!!

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