Presentation on Functions of Financial Accounting

2. • To record the business transactions.
• To communicate the financial results.
• To meet the legal needs.
• To assist the management.
• To protect the business assets.

3. To record theTo record the
business transactions.business transactions.

4. To communicateTo communicate
the financial results.the financial results.

5. To meet theTo meet the
legal needs.legal needs.

6. To assistTo assist
the Management.the Management.

7. To protect theTo protect the
business assets.business assets.