Why Is Accounting Important to Business?

Answer

Accounting is important to business because it is the base that offers great support to management for planning, controlling as well as decision making process. It is with the aid of accounting information that the performance of a unit can be evaluated, at the same time as, its logical records make possible to get rid of the frauds and the thefts.
Q&A Related to "Why Is Accounting Important to Business"
The primary function of accounting is to record the transactions of a company; incoming and outgoing cash needs to be recorded. Accurate accounting records help to prepare financial
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Because it all comes down the essence of the eternal conumdrum of what makes a good business and whether or not it is worth of the trouble of your gay.
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We need accounting because it's the only way for business's to grow and
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A good accountant can be a key part of running a successful business. Finding one is especially important if you have difficulty managing money and completing important paperwork,
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