The three basic steps in understanding accounting information: * Input *Process *Output.

Three basic steps in understanding accounting information: *Input *Process *Output.

There are several steps in using output

getting it right matter most

Accounting -> Understanding and using accounting information Understanding and using accounting information An understanding of the accounting system is an important first step in this topic. Three basic steps Basically this topic is about Output. The data (input) has been collected and sorted into records from which reports have been prepared (process) and now it is up to you to use that information to make decisions (output). There are several steps in using output: Using output.

output step interpret, evaluate and inform in decision making.

This course is very fruitful as it gives clear accounting information. it helps to interpret crystal clearly for making proper financial decision.

i agree

What is understanding and using accounting information?

point taken