Accounting
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Boundless Accounting
Introduction to Accounting
Accounting Textbooks Boundless Accounting Introduction to Accounting
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Accounting Textbooks
Accounting

Section 3

Overview of Key Elements of the Business

Book Version 3
By Boundless
Boundless Accounting
Accounting
by Boundless
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4 concepts
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Business Stakeholders: Internal and External

A stakeholder is an individual or group that has a legitimate interest in a company.

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Activities of the Business: Financing, Investing, and Operating

Activities of the business include operating activities and non-operating activities such as investing activities, and financing activities.

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The Role of Accounting in the Business

The role of accounting in business is to help internal and external stakeholders make better business decisions by providing them with financial information.

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Ethical Considerations

Business ethics is a form of applied ethics that examines ethical principles, moral/ethical problems that arise in a business environment.

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