Difference between revisions of "Financial Accounting"
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== Definition == | == Definition == | ||
− | '''Financial Accounting'''. | + | '''Financial Accounting'''. The internal processes that create a representation of the state and changes in state of a corporate entity. The objective is in the first instance assists management, for large entities with significant external stakeholders it may also provide information for external reporting. |
== Service Domain == | == Service Domain == | ||
Handles financial booking of all business activity in a ledger/sub-ledger accounting structure. | Handles financial booking of all business activity in a ledger/sub-ledger accounting structure. | ||
+ | |||
+ | == See Also == | ||
+ | * [[Financial Reporting]] | ||
[[Category:BIAN Service Domain]] | [[Category:BIAN Service Domain]] | ||
+ | [[Category:Accounting]] | ||
[[Category:Stub]] | [[Category:Stub]] |
Latest revision as of 12:41, 6 September 2021
Definition
Financial Accounting. The internal processes that create a representation of the state and changes in state of a corporate entity. The objective is in the first instance assists management, for large entities with significant external stakeholders it may also provide information for external reporting.
Service Domain
Handles financial booking of all business activity in a ledger/sub-ledger accounting structure.