What Are The Importance Of Accounting?
Accounting refers to the systematic and detailed recording of financial transactions of a business.
Accounting plays a vital role in running a business
Importance
of
Accounting
It Helps in Evaluating the Performance of Busine
It Ensures Statutory Compliance
It assists in Creating Budget and Future Projection
It Helps in Filing Financial Statement
– Planning Budget
– Banks and lender
– Keeping Record
– Decision Making
– Information to Investor
– Reporting Profit
– Managing and Monitoring Cash Flow
More Importance Of Accounting
Are you looking for the best study tips?
click the link to get the best study tips
click here