BUSINESS ACCOUNTING

THE SYSTEMATIC REPORTING AND ANALYSIS OF FANATICAL TRANSACTIONS OF THE 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 ANALYSES THE FINANCIAL PERFORMANCE OF THE BUSINESS AND LOOK AT STATISTICS SUCH AS NET PROFIT. IN OTHER WORDS, ACCOUNTING IS ONE OF THE IMPORTANT PARTS OF BUSINESS, WHICH can significantly improve structure of business. For example, if business is getting loose not profit it can show where business needs to save money and where business need to push money, to make more efficient work and gain profit. Why is accounting important for