Corporate Accounting

Definition of Corporate Accounting as it relates to Business, Accounting Principles, Corporate Governance

Corporate Accounting refers to the systematic recording, reporting and analysis of financial transactions of a corporation. It involves the application of accounting principles and practices to ensure accurate financial statements that comply with corporate governance regulations. Corporate accounting encompasses various aspects such as financial statement preparation, budgeting, cost accounting, internal controls, and tax compliance. The primary objective is to provide reliable and transparent financial information to stakeholders, including investors, regulators, and management, for decision-making and regulatory compliance purposes.

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External Links
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[iccr.org] Interfaith Center on Corporate Responsibility
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