ACCOUNTING

Accounting is a process of organizing, classifying, interpreting, analyzing & representing the same recorded transactions to benefit Businesses in making decisions & tracking progress. A firm or an individual helping a company or business to clarify expenses, revenue & debts in the form of Financial Statements and reports periodically is known as Accounting services.

Accounting is a vital requirement of a business. For business success choosing the right platform to maintain accounts & ledgers is a must & recommended. Every country specifies its own accounting standards for entities. Hence, accountants are required to follow those standards to make strategic & wise decisions. This also helps to keep a company transparent to its government & stakeholders. Analyzed Data & understandable financial reports quarterly, half-yearly, or annually help a business to stay on track of its performance.