Accounting is an integral part of the management of business and public organizations.
Accountants, therefore, participate in planning, evaluating, and controlling the activities of the firm. Accounting is needed by external users in order to make investment decisions, grant or withhold credit, and, in the case of government, to collect revenue and gather statistical information. In order to provide useful information, accountants collect, analyze, synthesize, and report data in an understandable manner. All rights reserved.