The systematic recording, reporting, and analysis of financial transactions of a business.
The person in charge of accounting is known as an accountant, and this individual is typically required to follow a set of rules and regulations, such as the Generally Accepted Accounting Principles.
Accounting allows a company to analyze the financial performance of thebusiness, and look at statistics such as net profit.
See also: List of Key Accounting Terms and Definitions at InvestorGuide.com.
The accounting department at every company is extremely important since they are responsible for all incoming and outgoing money.
Wednesday, 17 December 2014
ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtist| Educator| |Advisor | Ex Censor | Excellence Assessor | Startup and C-Suite MentorEx MNC Director Startup and C-Suite Mentor
"A good laugh is sunshine in the house." via Quote of the Day http://ift.tt/2hwnrBq Charles Caleb Colton "The p...
"It is now life and not art that requires the willing suspension of disbelief." via Art Quote of the Day http://ift.tt/2mWA21...