58.8k views
3 votes
what is the essence of accounting in the world of business and its consideration for the investing public

1 Answer

3 votes
When investing in public companies, investor tend to need various information regarding the companies they wanted to invest in.
And There's where accounting came in.
Accounting will provide various information about a company that will be used by the investors to make their decision

hope this helps
User JKirchartz
by
8.3k points