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51 what is the purpose of this chapter this chapter establishes servicewide policy for collecting, maintaining, and reporting financial management information in accordance with statements of federal financial accounting concepts (sffac) and statements of federal financial accounting standards . 1) some companies present financial and nonfinancial performance measures for various organization units in a single report called the balanced. Acc 260 accounting information systems 3 hours this course is an introduction to accounting information systems, including system design and effectiveness, instructing students how to identify and understand ethical issues regarding accounting systems and develop an understanding of the conceptual framework of accounting as a logical system for .