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It pursues two main purposes: 
Financial Accounting (in compliance with local Financial Regulations) and Financial Planning.

See also

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Financial Accounting ] [ Financial Planning ] [ Cost Management ]

Financial Regulator]


Reference

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Investopedia

L. J. Gitman, “Principles of Managerial Finance, Brief,” 3rd ed., Addison-Wesley, 2003, ISBN 13: 9780065012774

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