Dr. Jagjeet Singh, Mr. Samarjeet Singh
1.Assistant Professor, Department of Management Studies, Jind Institute of Engineering & Technology,, 2.Assistant Professor in Commerce Department, Govt. College, Krishan Nagar, Mahendergarh (Haryana), India
Abstract
Accounting is very important part of the business activities. In any enterprise Accounting is to be used for different kind of objectives and goal achievements. The major part of accounting in the form of financial accounting is very useful for the internal and external stakeholders of the organisation. Each and every enterprise has different nature of stakeholders and these stakeholders have need of the actual and feasible financial accounting data for their interest. They can evaluate the financial records of any enterprise for the purpose of investing money in such organisation in the form of share or debentures. If the organisation also require the finance then in that situation the organisation can also take loan for business activities and the party which will provide financial help to the organisation known as the stakeholders of that organisation and they have to check the financial position of the organisation before and after giving loan. Thus each and every oraganisation have their stakeholders according to its business nature.
Keywords: Accounting, Financial Accounting, Accounting Stakeholders.
Journal Name :
EPRA International Journal of Environmental Economics, Commerce and Educational Management

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Published on : 2022-08-20

Vol : 9
Issue : 8
Month : August
Year : 2022
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