LO 1-1 Accounting is " Reason why: Accounting is a system of A Framework for Financial Accounting Chapter 1-Study Guide In accounting you will learn how to: Function: What type of user? of a company's operations and that information to decision makers. Early use was for systematic Using accounting to company's financial story. Financial Accounting Measurement of Business Activity: Provide Examples: Provide Definition in your own words: n m development of more complex societies. and Function: VAN VOE What type of user? Managerial Accounting Investors Measurement of Business Activity: Creditors CAUCA