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Accounting is considered the language of business. Accounting provides the necessary financial information required for the preparation of this budget. jubenful. You will start your journey with a general overview of what financial accounting information is and the main financial statements. Available in PDF, ePub and Kindle. by EAEP. 4. NATURE AND PURPOSE OF ACCOUNTING. During the life-time of the entity, accountants produce financial statements at arbitrary points in time in accordance with which basic accounting concept? 1) Contributive accounting, which we discussed in our previous report. Download or read online The Foundations of Accounting Measurement written by Yuji Ijiri, published by Unknown which was released on 1966. Himalaya Publishing House Pvt.ltd, New Delhi, Corporate Financial Reporting Theory and Practices. Spell. Later on, executed activities are compared with budgetary elements. Download or read online Foundations of Accounting Theory written by Williard E. 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