Explain how accounting principles are used to analyze a business's financial health, and provide examples to support your claims.

Explain accounting principles and how they are used within financial management in relation to analyzing financial health.

What accounting information and approaches do financial analysts rely on, and how do they use it? 

What would happen if that information was not available or was not accurate?

Answer rating: 100% (QA)

Accounting principles are a set of guidelines and standards that govern how financial information is recorded reported and analyzed in a business These principles provide a framework for preparing fin... View the full answer