The American Accounting Association is one of the accounting organizations discussed later in this Introduction it defines accounting as "the process of measuring, identifying, and communicating economic information to permit informed judgments and decisions by the users of the information". This information is principally financial is stated in money terms. Accounting afterwards is a measurement and communication process used to report on the activities of profit-seeking business organizations and not-for-profit organizations. As a communication and measurement process for business accounting supplies information that permits informed judgments and decisions by users of the data.