Wednesday, July 2, 2014

Studin accounting enable someone to have better potential on this art of writing

Accounting is the process financial data or inputs that will produce financial information or output in the size of the money that is beneficial to some interested parties as a basis for economic decision making. Accounting is divided into many kinds of management accounting, tax accounting, financial accounting, cost accounting, budget accounting, government accounting,etc. accounting function is as an organization's financial information. Actors who's running accounting activities are households, firms, and government. Accounting has two methods of calculating are more likely to use an accrual basis. If it is not accurate that accountant is responsible for critical business functions are largely though not directly affecting our careers and daily lives. If the company companies does not accurately handle operating cash flow, then the company will not last long. Purpose of accounting is to provide information relating to several aspects including the financial position, performance and changes in financial position of an enterprise that is useful to financial statement users in making economic decisions. Accounting records, there are 3 stages which point recording evidence of transactions, jurnal entries and final transfer to the general ledger.