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Cost Accounting
Accounting is one of the most important aspects in the business world. It’s main
purpose is to acquire financial information, estimate profit, and support decision making.
The essential role of accounting to business is expressed through the process of
enhancing company's performance and potential value. The financial information
regarding company’s debt and equity then has a significant impact on external decisions
from investors or creditors. They use the financial information that each company
provides to evaluate the company’s potential as well as measure their risk and returns
from the investment on that company. Meanwhile, the internal decision making of
management is directly based on the financial information of company’s assets and
