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    Accounting for Small Business
    Accounting for Small Business
    Accounting for Small Business
    Ebook31 pages14 minutes

    Accounting for Small Business

    By IntroBooks Team

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    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.

    LanguageEnglish
    PublisherIntroBooks
    Release dateNov 1, 2019
    ISBN9781393263517
    Accounting for Small Business

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      Book preview

      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

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