The importance of my profession in the market. by AUTHORIZED PUBLIC ACCOUNTANT https://padlet.com/ercruz4/mrxp9ja8vuy349e Benefits and advantages en-us 2023-10-12 16:24:30 UTC 2023-10-13 15:38:29 UTC hello@padlet.com https://padlet-uploads.storage.googleapis.com/1842348649/ce888efe555236a57b604d75412b25db/contabilidad.jpg Need and Importance of Accounting ercruz4 https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744102731 Accounting can be referred to as the systematic and comprehensive recording of a financial transaction relating to any business. Also refers to as a process of analyzing, summarizing and reporting these transactions to the tax collection agencies and oversight agencies.

Accounting helps the management to be able to ascertain the financial position of the business. With all accounting activities, the final report provided helps management to know the business position so they can be able to know which direction they are ending.

Accounting is very important and needed for any business transactions. It helps in recording, classifying and finally summarizing the transactions in a business. This enables coming up with a well analyzed financial document like balance sheet, trial balance among others when accounting is done properly within the business transactions.

]]> 2023-10-12 18:42:30 UTC https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744102731 Importance of Accounting in Business Organization ercruz4 https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744130923 Banks and lenders
In order to get any loan from the financial institution, you must be able to present your financial status in acceptable order. So in order to make it, you need to have proper accounting system so as to present various books of records such as profits recorded, assets and liabilities, taxes paid among others. Financial institutions will scrutinize them carefully before landing to a decision of awarding loan.]]> 2023-10-12 19:07:51 UTC https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744130923 learning How a Company Finances Their Operations ercruz4 https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744142304 Another question that business accounting helps answer relates to the mix of debt and equity used to finance a company's operations. The ability to identify debt and equity is crucial in determining the company's value since the debt-to-equity ratio is commonly used in measuring a company's idiosyncratic risk. Although most information on debt and equity comes from the balance sheet, certain debt items require further digging and deep knowledge of business accounting.]]> 2023-10-12 19:19:34 UTC https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744142304 Advantages of Accounting ercruz4 https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744150147 Advantages of Accounting
  • Maintenance of business records
  • Preparation of financial statements
  • Comparison of results
  • Decision making
  • Evidence in legal matters
  • Provides information to related parties
  • Helps in taxation matters
  • Valuation of business
  • Replacement of memory
]]> 2023-10-12 19:27:39 UTC https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744150147 Why my career is important ercruz4 https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744164676 Pursuing a career as an accountant can be one of the best ways to invest in your education. Too often, graduates have celebrated their milestones of completing their associate's, bachelor's, master's and even doctoral degrees without knowing if the degree they have worked so hard to yield a return on their investment.

The reality of earning a postsecondary degree is that there is no guarantee of landing a dream job that offers financial security. However, it has been proven time and time again that these can increase with a college degree. 

Accountants have a pretty good idea about how hard-earned dollars contributed contributors.]]> 2023-10-12 19:42:42 UTC https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744164676 ercruz4 https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744175354
          BUSINESS SCHOOL 
Bachelor's Degree in Accounting                     and Auditing 

           Participants: 
       Martha Isabel Sáez Otero 
            CIP: 8-740-1437 
     Ernestina Itzel Cruz  Cardenas
           CIP: 8-832-472 

                Subjet: 
              English IV 
 
               Teacher: 
     Miguel Fernando Sánchez Pérez
             
          October 13, 2023 
]]> 2023-10-12 19:54:53 UTC https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2744175354 The Importance Of Accounting In Our Modern Society ercruz4 https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2745345035 Accounting is a very important term to our modern society. It is the career for men and women who at the start have their eyes set on top positions in industry, management, government, and general business. Accounting is a basic need of every businessman, from the operator of a filling station to the government . It's so important to our society. None of the business organization can operate without is. They are there-somewhere-in every business. In small business, people use pen, ink and skill keep the records. In large business, modern accounting machines are used to operate. Men and women are directing these machines in the accounting process. Wise businessmen enter business must have some accounting knowledge.

Accounting is a vital element of business. It records the way a business has grown and, after analyzing figures, suggests the way it should go in the future. Furtunes are gambled on the advice of accountants.


]]> 2023-10-13 14:51:00 UTC https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2745345035 ercruz4 https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2745349679 2023-10-13 14:54:33 UTC https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2745349679 ercruz4 https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2745401183 2023-10-13 15:35:51 UTC https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2745401183 ercruz4 https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2745402236 2023-10-13 15:36:44 UTC https://padlet.com/ercruz4/mrxp9ja8vuy349e/wish/2745402236