👉 Regarment is a concept in accounting that refers to the process of recording, summarizing, and reporting financial information. It involves the organization and presentation of financial statements in a structured manner, which helps in understanding and analyzing business performance over time.
Regarment typically includes several steps:
1.
Objectives
: The purpose of regarment is to provide an overview of financial transactions and their impact on the company's overall financial position.
2.
Data Collection
: This involves gathering all necessary
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