Finance and accounting are the firm's scorekeepers. They communicate performance results throughout the organization and to the outside world.

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Finance and accounting functions within a firm are responsible for tracking financial transactions, analyzing financial performance, and communicating these results internally to managers and externally to stakeholders such as investors, creditors, and regulatory bodies. This role is akin to being the organization's scorekeepers, as they provide the necessary information to assess the firm's financial health and performance.

Finance and Accounting Are the Firm's Scorekeepers