Financial accounting and reporting
Financial accounting and reporting

Start this free course now. Just create an account and sign in. Enrol and complete the course for a free statement of participation or digital badge if available.

Free course

Financial accounting and reporting

2 Reasons for and objectives of accounting

The main purpose of accounting is to provide financial information to managers and owners of businesses (as we have already seen) and a variety of other interested parties. This financial information fulfils different objectives, namely stewardship, accountability, planning and decision making and control, as discussed in the next sections.

B291_1

Take your learning further

Making the decision to study can be a big step, which is why you'll want a trusted University. The Open University has 50 years’ experience delivering flexible learning and 170,000 students are studying with us right now. Take a look at all Open University courses.

If you are new to university level study, find out more about the types of qualifications we offer, including our entry level Access courses and Certificates.

Not ready for University study then browse over 900 free courses on OpenLearn and sign up to our newsletter to hear about new free courses as they are released.

Every year, thousands of students decide to study with The Open University. With over 120 qualifications, we’ve got the right course for you.

Request an Open University prospectus