Lecture Financial accounting (15/e) - Chapter 1: Accounting - Information for decision making

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Lecture Financial accounting (15/e) - Chapter 1: Accounting - Information for decision making

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After completing this chapter, students will be able to: Discuss accounting as the language of business and the role of accounting information in making economic decisions, discuss the significance of accounting systems in generating reliable accounting information and understand the five components of internal control, explain the importance of financial accounting information for external parties - primarily investors and creditors - in terms of the objectives and the characteristics of that information,...

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