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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The management accounting in the company

The importance of management Although it is not legally mandatory to present the information related.¬† The management accounting of the company.¬†accountancy business and management. The companies have begun to use it in their daily activity. And it is a type of information reserved for internal users. As it is responsible for the analysis of costs […]

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Accounting System: What to choose?

General information on accounting systems You can manage your accounting according to the principle of OP (open positions) or according to that of the management of the auxiliary accounting “of debtors and creditors”. An SME knows its customers and suppliers, accounts of creditors and debtors still open can be easily identified. One can thus give […]

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