Those who make decisions in accounting make it based on three categories. First, people who manage the business, secondly, people outside the business who have direct monetary interests in the business, and people who indirectly influence the business This also applies to non-profit organizations . Management refers to the group of people who are in charge of managing the business and measuring profitability and liquidity targets. If the business is very large, management often needs more than one person and employees are hired to fulfill their work. Administrators need to answer important questions as what was the net profit of such a company and if they have a significant proportion of returns. The company has sufficient assets, which products bring most money. When making a decision, the manager usually follows the organizational approach. A larger business follows a similar pattern to small businesses to demand more concrete analysis.
Business financing: Financing for a company is important, as they need that money to continue their operation. Here is information funding business on nice sites. http://www.sba.gov/financing/
Business Investment: Companies invest in current assets so that they will make money for them in the future.
Production of goods or services: operation and production control are responsible for the development and production of goods and services that the company can sell.
Marketing
Worker management: Human resource management requires employment of qualified employees and their payment.
Information provision: Information managers organize information so that they can acquire and use data on companies, such as how much was done in the last month. It also releases information to managers and important people outside the business.
Another group of individuals who need knowledge in accounting are those you are directly interested in business. We will carry out the project in a timely and detailed manner with information used. It is the goal of profitability and liquidity that publicly report public finances in most business fields. These statements show how well the company did in the past, and perhaps the most important, what will they become in the future? However, many non-business people are also studying financial reports. They are investors and creditors. Investors are individuals who invest in business and keep ownership part. They are related to past success and failure, and I'd like to know the potential earnings. A concrete analysis of the financial statements will help future investors base their decisions. If you do not agree at once, please consult Please continue investing Research business is settled. Next, the creditors are companies that lease money to business for short or long-term needs. Creditors are people who provide services for sophisticated companies before offering money or being paid. Their main concern is whether the business has the money to repay the money interestingly at approximate time. Before they make their decisions, some of the things they study are liquidity, cash flow, and profitability of the company. Some examples of creditors are banks, mortgage companies, insurance companies. The shift of people who use accounting information for many years has undergone significant changes. Currently it is used frequently by government agencies, in fact taxes are the main source of income of the government. According to federal, state, or local laws and regulations and regulations, individuals and businesses need to pay a variety of taxes. These include, but are not limited to, consumption tax, consumption tax, social security tax, federal, state, salary, and city income tax. Each tax can sometimes be very confusing and requires its own rules and regulations. The tax reporting law is very meticulous and tedious process. For example, internal revenues contain more than a thousand rules for providing federal income tax accounting information. Also, most companies generally have to report to one or more regulatory agencies in the United States, where all companies must answer the Securities and Exchange Commission or the SEC http://www.sec.gov/) . It is set by the government to guarantee and protect the public by regulating the sale and purchase of shares. Companies listed on stock exchanges must comply with rules and regulations. Several other groups such as trade unions analyze the company's financial statements to negotiate contacts. The company's income plays a major role in forming these contracts. Individuals who give advice to investors and creditors such as brokers and financial analysts have indirect financial interests in the business. The amount of inertest in the financial soundness of a company is increasing by consumer groups such as customers and the public. They are also concerned about how companies influence the environment and the social patterns of people living in the area. The President 's Economic Advisory Committee and the Federal Reserve Board use accounting information to set economic policies and programs. It is interesting to note that about 30 percent of US companies are comprised of non-profit organizations. Examples of nonprofit organizations (NPOs) are hospitals and universities. Some well-known nonprofit organizations are the Red Cross, YMCA, Better Business Bureau, and WWF (the world's wildlife fund was before in the lawsuit and may be originally thought of as worldless) About management It is said that it was decided that sales positions without these organizations also came about.They still have a budget and need to raise funds like other business.Received from collecting the donation They also have a nice plan and they need to pay the creditors back in an efficient way and they must also obey the rules of taxation So so both business and nonprofit organizations generally follow the same basic rules although there are different agendas.
Accounting, systematic information system measures, processes, and communication information, I am a specific financial. When an accountant is making a measurement, it is necessary to answer four simple questions. First, what are being measured, how much money should be placed on what is being measured, when measurements must be taken, how the measurements are classified These four questions are the basic of accounting Answering that dealing with rules, and establishing what accounting is, it helps not what it is. Because the accountants in different fields are challenging these questions everyday, the answer is changing frequently, so it is better to keep some of the trends so far the first question deals with what is measured I will. Let's think about the machine that makes the clothes. What different measurements of this machine can I make? By measuring how much you can make many t shirts, how can you quickly t shirt. Some of these measurements are very important to accounting, some of them irrelevant. The financial fee on financial accounting is how other transactions affect business and companies.
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