ACCOUNTING AS A BUSINESS MANAGEMENT TOOL

Importance of coordination One of the essential requirements of an organization is to achieve the objectives and goals established on time maintaining adequate coordination between the different commercial departments for many commercial activities. The coordination of these commercial activities would help the business to decide to buy with the sales, the expense with the income […]

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ACCOUNTING AS A BUSINESS MANAGEMENT TOOL

Importance of coordination One of the essential requirements of an organization is to achieve the objectives and goals established on time maintaining adequate coordination between the different commercial departments for many commercial activities. The coordination of these commercial activities would help the business to decide to buy with the sales, the expense with the income […]

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ACCOUNTING AS A BUSINESS MANAGEMENT

before 3. Accounting in economic activities One of the main accounting functions is to track the cash flow and to be aware of the changes in the economic cash flow. Where the economic cash flow indicates the details of expenses and income, which are used in income-generating activities. It also generates income and expense flows, […]

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ACCOUNTING AS A BUSINESS MANAGEMENT TOOL*

before:  INTRODUCTION 2. CONTENT Business accounting Accounting is known as the language of business. Business accounting plays a vital role in the growth of the business. Accounting includes everything from simple accounting to comprehensive company accounts. Accounting in every aspect of the business is useful for the strategic growth of the company. The different accounting […]

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ACCOUNTING AS A BUSINESS MANAGEMENT TOOL

INTRODUCTION Accounting is the process of analyzing and measuring the economic and financial information of the company or any business. Next, it helps to make correct decisions. Accounting also helps in the responsibility of company events. And also provides the estimation of events and financial requirements of the company. The financial statements of the company […]

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