Why is Finance and Accounting important for companies?

Finance and Accounting are important for companies because:

• They help in tracking and managing the company's financial transactions 


• They provide insights into the company's financial health and performance 


• They aid in making informed business decisions based on financial data 


• They ensure compliance with financial regulations and laws 


• They help in budgeting and forecasting for the company's future 


• They provide information for investors, stakeholders, and creditors to evaluate the company's financial standing