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What is financial accounting? This is the field of accountancy that is concerned with the preparation of financial statements for government agencies, suppliers, employees, banks and other stakeholders. It is used to prepare accounting information for people who are not really involved in the day to day running of the business enterprise but still want to stay in the loop with all that’s going on in the company. Being an important and vital aspect of the accounting field in general, students who wish pursue a career in financial accounting have to not only comprehend the intricacies of the subject but also be in a position to provide proper analysis, summary, assessment and conclusion of financials allocated to them by doing their coursework and assignments with finesse.
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