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Economic Events
Transactions and occurrences that affect the financial position of a business, including sales, purchases, and investments.
Primary Users
Primary users are the main target audience or beneficiaries of a particular set of data or information, such as financial statements intended for investors or creditors.
Managerial Accounting
The act of compiling management documents and ledgers that deliver timely and exact financial and statistical insights necessary for managers to take immediate and near-future decisions.
Financial Accounting
The field of accounting focused on the preparation and reporting of financial statements to external users based on historical information.
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