THE IMPACT OF ACCOUNTING EDUCATION ON THE PROFITABILITY OF COMPANIES
Abstract
This specialized area called accounting education could be looked at as an extent and practice in learning to apply the knowledge to solve certain economic and business problems. The idea of accounting techniques is very necessary as it helps in data processing efforts. Accounting has the singular objective of providing insight into the results gotten from company’s ability to take good economic decisions. It is a truism that companies that are highly efficient tend to realize superior profit more than the companies that are less efficient. There is every good reason for companies that have been profitable to sustain the tempo because the firms will be subjected to failure if they do not plan well. The various accounting techniques gotten through accounting education enables companies to ascertain their profit status.
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