Bookkeeping

Financial Accounting Meaning, Principles, and Why It Matters

Capital refers to the money you have to invest or spend on growing your business. Commonly referred to as “working capital,” capital refers to funds that can be accessed (like cash in the bank) and don’t include assets or liabilities. If you limit your accounting to material transactions, you can save time for your business. […]

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What Is Financial Accounting And Why Is It Important?

This function is especially useful given the COVID-19 pandemic that has forced many people and businesses to work from home remotely. An accountant’s primary role is to help you make sense of your business’s finances. This includes analysing, summarising, interpreting and producing models and reports. A bookkeeper can be the business owner, an in-house employee,

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