A real administration tool, accounting documents all the operations linked to the task of a company over a provided period. It therefore makes it possible to keep an eye on and examine all the aspects of the life of the company as well as to evaluate its monetary wellness. It is therefore essential to keep all of these accounting records as much as date.

BASIC ACCOUNTANCY IN BRIEF

General accountancy includes recording the procedures accomplished by the company ( for instance purchase, sale of goods, payment of lenders, fundings, etc.) in accounting books, signs up and also/ or computer system media, on the basis of files associating with the tasks business. Purpose: to understand the assets and also the results of the business.

General journal documents all the inputs as well as outcomes of a organization. The major components treated by general audit: trade receivables, trade payables, personnel expenses, financial debts and also tax obligation fees.

Compulsory for all business, the function of general accounting is to notify celebrations outside the business of its economic state. It presents via 3 major files ( revenue declaration, balance sheet, appendix), the business's circumstance at the end of an accounting year, normally equal to 12 months.

Armed with all this information, the supervisor of a firm is able to:

understand quickly, at any time, the monetary or bookkeeping circumstance of his business,

regularly determine the outcome of his business: loss of revenue,

develop a diagnosis. On the basis of the information collected, the firm supervisor will certainly have the ability to compare his efficiency with that of similar companies, identify the staminas as well as weak points of his business, decide to broaden, modify the variety provided, adapt its opening hrs, ...

NOT AN BOOKKEEPING, BUT SEVERAL VARIATIONS

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There are numerous types of audit, depending on the desired objectives.

Cost accounting or monitoring accountancy

Unlike basic audit, it is elective for firms but strongly suggested. Its primary purpose: to assess all the costs connected to the activity of the firm and also to identify the different points of earnings. Intended generally for business managers to enable them to make the right choices, it is an audit system based on the analysis of fees and prices, it aims to examine and determine expenses as well as the analytical outcomes of products and services that the firm sells.

It enlightens the supervisors and also employees of a company in the different administration, planning, organization, and also control choices.

National accounts

An essential tool for recognizing the country's economic climate, the objective of nationwide accounts is to map the financial activity of a country throughout a details period, usually equal to one year. Just like a company, national accounts enable a state to recognize its situation at a given moment and also to support future decisions. It is among other things on the basis of the accounts issued and also released by each company that the nationwide accounts are edited. The main indicator published by the national accounts is the GDP, sum of the included worths of each company.

Public accountancy

Public bookkeeping is a collection of macroeconomic procedures that establish the revenue and also expense of the state as well as public areas.

KEEPING ACCOUNTS: AN COMMITMENT FOR ALL FIRMS?

All industrial and commercial business are called for to keep accounts. According to post L123-12 et seq. Of the French Commercial Code, "any natural or lawful individual having the standing of the trader have to register the movements influencing the properties of his firm. These movements are videotaped chronologically ".

Nonetheless, several of them may take advantage of decreases, or perhaps exceptions: the case specifically of firms falling under the micro-BIC as well as micro-BNC programs.

THE VARIOUS STARS IN ACCOUNTANCY

Thus, nearly all firms, whatever their size and field of activity, can not do without accounting professionals! This self-control unites a range of professions: accountancy aide, audit secretary, accounting professional, hired accounting professional, administrative and economic supervisor, auditor, etc. The accounting market offers numerous chances in regards to career development as well as work, even if it is not effective, particularly amongst youngsters.

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