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What is financial accounting
Financial accounting is a process for leaking and submitting financial reporting for the reporting period as well as analysis in order to supply internal users with information.
For its maintenance, financial accountants must be liable, who must prepare and submit financial reporting of companies in the exact and modern formulation, as well as do this on time. All requirements for regulation and reporting should also be completely and strictly observed. The main goal of financial accounting is to provide valuable and accurate, as well as verified and reliable information about what financial situation companies have at this time.