financial accounting

financial accounting definition - business

financial accounting

The area of accounting involved with the collection of financial information for use in constructing and reporting an organization's financial results to external parties, including stockholders and government agencies.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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