FOR SALE: Why is Financial Accounting Necessary in Business?: Detail Guide, New York, USA

Financial accounting is important because it provides essential information about a company's financial performance, position, and cash flows. It also helps to give investors and creditors an accurate assessment of a company's financial health. Furthermore, financial accounting is used to make critical business decisions, such as evaluating investment opportunities and the potential return on investment. Finally, financial accounting helps ensure that a company complies with legal and regulatory requirements.

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