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| A real administration device, accounting records all the procedures linked to the task of a firm over a given period. It hence makes it feasible to check as well as analyze all the elements of the life of the company as well as to assess its economic health and wellness. It is therefore important to keep all of these accounting files up to date. | |
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| BASIC ACCOUNTANCY In Short | |
| General bookkeeping consists of taping the operations executed by the company ( for instance acquisition, sale of items, [[https://soundcloud.com/search/sounds?q=settlement&filter.license=to_modify_commercially|settlement]] of lenders, finances, etc.) in accounting books, registers and also/ or computer media, on the basis of documents relating to the tasks commercial. Goal: to [[https://www.brandsreviews.com/search?keyword=understand|understand]] the assets and the outcomes of the company. | |
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| General ledger records all the inputs and results of a organization. The primary aspects treated by general accountancy: profession receivables, profession payables, personnel costs, financial debts and tax charges. | |
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| Compulsory for all companies, the function of basic bookkeeping is to educate parties outside the company of its monetary state. It offers via 3 significant documents ( revenue declaration, balance sheet, appendix), the firm's circumstance at the end of an accounting year, normally equal to year. | |
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| [[https://www.youtube.com/embed/ctjQKm9wFac|external frame]] | |
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| Equipped with all this information, the manager of a firm has the ability to: | |
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| know rapidly, any time, the monetary or audit circumstance of his company, | |
| occasionally identify the result of his company: loss of profit, | |
| develop a diagnosis. On the basis of the data gathered, the company manager will be able to contrast his efficiency with that of similar business, recognize the toughness and weak points of his business, choose to expand, customize the variety supplied, adjust its opening hours, ... | |
| NOT AN BOOKKEEPING, BUT SEVERAL VERSIONS | |
| Accounting-Def273x201 | |
| There are a number of kinds of accountancy, depending upon the wanted goals. | |
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| Cost accounting or monitoring bookkeeping | |
| Unlike general accountancy, it is not compulsory for companies but strongly recommended. Its main purpose: to assess all the expenses connected to the activity of the business as well as to identify the numerous factors of success. Planned generally for firm supervisors to allow them to make the right decisions, it is an accounting system based upon the evaluation of fees as well as costs, it intends to evaluate and determine costs and the logical results of product or services that the firm sells. | |
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| It informs the managers as well as workers of a business in the numerous administration, planning, organization, and control choices. | |
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| National accounts | |
| An necessary tool for understanding the nation's economy, the objective of national accounts is to map the financial activity of a nation throughout a particular duration, generally equal to one year. Similar to a business, national accounts enable a state to know its circumstance at a given moment as well as to support future decisions. It is to name a few points on the basis of the accounts provided and released by each firm that the national accounts are edited. The main sign published by the nationwide accounts is the GDP, amount of the added values of each business. | |
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| Public accounting | |
| Public accounting is a collection of macroeconomic treatments that determine the profits as well as expense of the state and also public areas. | |
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| KEEPING ACCOUNTS: AN OBLIGATION FOR ALL FIRMS? | |
| All industrial and commercial ventures are called for to keep accounts. According to short article L123-12 et seq. Of the French Commercial Code, " any type of natural or legal individual having the standing of the investor should sign up the movements impacting the assets of his business. These activities are taped chronologically ". | |
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| However, some of them may benefit from reductions, and even exemptions: the case in particular of firms falling under the micro-BIC and micro-BNC programs. | |
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| THE DIFFERENT ACTORS IN ACCOUNTANCY | |
| Hence, almost all companies, whatever their size as well as field of activity, can not do without accountants! This technique brings together a selection of professions: accountancy aide, bookkeeping secretary, accountant, hired accountant, management and financial supervisor, auditor, and so on. The bookkeeping field offers many possibilities in terms of career development as well as work, even if it is not successful, particularly among young people. | |
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