ABSTRACT
Information is a key part of the cycle of business activities: simple recording of transactions, planning and decision-making, and control and performance measurement.
Good information is ACCURATE, that is:
Accurate Complete Clear User-targeted Relevant Authoritative Timely Economic
Internal sources of information include: correspondence sent to suppliers and customers and related accounting information; information related to internal systems such as time sheets; procedures manuals; and administrative records such as training records.