The Complete Idiot's Guide to Starting Your Own Business by Ed Paulson
Author:Ed Paulson [Paulson, Ed]
Language: eng
Format: epub
ISBN: 9781615643110
Publisher: DK Publishing
Published: 2012-10-01T00:00:00+00:00
Accounting 101
The purpose of the highly structured world of accounting is to provide business managers and others with the information they need to manage a business or evaluate their investments. Accounting is how business keeps score, and, just like keeping score in baseball, there are rules and procedures that have to be followed to accurately reflect the results of the field action. The structured formats allow others to understand your financial situation in the same way which is really important when talking to bankers and investors.
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