1. Accounting information is pulled together or   to help someone make decisions. A manager must come up with a   to help control expenses. A retail store owner realizes that her   have   bills. A restaurant owner wants to know if it is   to serve lunch. A nonprofit organization is being   by the government. All of these people and organizations could use the services of an accountant.
Accountants and   systems help a company stay on track. They raise flags when expenses are   and keep an eye on the   of inventory. They   their clients′ accounts to ensure that their clients′ records are correct. Good accounting systems allow managers to come up with ways to improve their business.
The accountant prepares information for both for internal and external use. Financial statements provide a quick look into the life of a business. They show how much   the company is carrying and how much its   are worth. The outside world uses this information to judge the health of the company.