Accounting for Small Business
()
About this ebook
In the USA most businesses in operation are made up of
micro and small businesses and are therefore of vital
importance to the country's economy. These companies are
large generating jobs and wealth, which contributes significantly
to the increase in gross domestic product - GDP.
But one factor that has been extensively studied is the fact that
they do not count with an efficient management system, which
often leads to death in the first years of life. Often through
ignorance or lack of advice from their accountants, small
business owners fail to benefit from the information generated
by the accounting that may be useful in business management.
They begin to make decisions based solely on experience and
who believe they have most often the results fall short of
expectations.
Accounting is a science whose primary function is to provide
reliable information for decisions to be taken with the utmost
security. The information and data provided by accounting
represent management tools that will support and support will
decision-making and should be part of routine business, or
provide support at all stages of the company. Many of these
accounting controls are relatively easy to elaborate, and can be
easily applied in the management of micro and small
enterprises, especially those of retail trade, regardless of size.
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Accounting for Small Business - IntroBooks Team
Accounting for
Small Business
IntroBooks #203
readintrobooks.com
Copyright © 2016 Can Akdeniz
All rights reserved.
DESCRIPTION
In the USA most businesses in operation are made up of micro and small businesses and are therefore of vital importance to the country's economy. These companies are large generating jobs and wealth, which contributes significantly to the increase in gross domestic product - GDP.
But one factor that has been extensively studied is the fact that they do not count with an efficient management system, which often leads to death in the first years of life. Often through ignorance or lack of advice from their accountants, small business owners fail to benefit from the information generated by the accounting that may be useful in business management. They begin to make decisions based solely on experience and who believe they have most often the results fall short of expectations.
Accounting is a science whose primary function is to provide reliable information for decisions to be taken with the utmost security. The information and data provided by accounting represent management tools that will support and support will decision-making and should be part of routine business, or provide support at all stages of the company. Many of these accounting controls are relatively easy to elaborate, and can be easily applied in the management of micro and small enterprises, especially those of retail trade, regardless of size.
INTRODUCTION
When we think of business as soon arises in our minds the company, but; which is a company, which concept we have this word? Several authors describe the various concepts to define and conceptualize this word, but the most common is that:
The company is an organized economic