Communicating example sentences

Accounting can therefore be defined as the process of identifying, measuring, recording and communicating the required information relating to the economic events of an organisation to the interested users of such information.While conveying message to others, it is better to know the interests and needs of the people with whom you are communicating.In 1966, the American Accounting Association (AAA) defined accounting as 'the process of identifying, measuring and communicating economic information to permit informed judgments and decisions by users of information'.It has been estimated that a manager spends 90 percent of his time in communicating-reading, writing, listening, guiding, instructing, approving, reprimanding, etc.Before actually communicating the message, it is better to involve others in developing a plan for communication.Financial statements, however, are the only or basic means of communicating financial information to all interested parties.Intrapersonal communication involves communicating with yourself.Such consistency is required throughout the process of identifying the events and transactions to be accounted for, measuring them, communicating them in the book of accounts, summarising the results thereof and reporting them to the interested parties.

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