DEFINITION of 'Accounting'. The systematic and comprehensive recording of financial transactions pertaining to a business.Accounting also refers to the process of summarizing, analyzing and reporting these transactions.EFINITION of 'Accounting'. The systematic and comprehensive recording of financial transactions pertaining to a business.
Company Information. Ford Motor Company is a global automotive and mobility company. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles.
In China, Ford manufactures and sells passenger vehicles through its joint venture Changan Ford Automotive (CAF), in which it has a 50 percent stake. Commercial vehicles like the Ford Transit are manufactured and sold through Jiangling Motors Corporation (JMC). Ford owns a 32 percent stake in JMC.