Home Art Books Perspective Art News Calendar Art Links About Us
Find more books...
Search above for all categories of Art and Culture books we offer

Looking for books?
Write us...


Customer Login


vietnam paintings drawings

ethnic minorities, daily news updates, gallery links

Vietnam Art Books

Vietnamese Art News, Events, exhibitions

photography, paintings, drawings




What is accounting? Why do I need a bookkeeper?


Accounting and Bookkeeping are the language of business. Well what is business?

Business is like somebody buying apples, making apple juice and then taking his stuff that he made and selling it to somebody with money.

They make an exchange and it’s all good.

Another way to look at business is that it is a magical box. You take raw materials, put it in the box and then it comes out as goods that you can then sell and make money. That box is business.

Let’s say you have a business. You make something that costs you $100 to make and you sell it for $200. And you’re happy!@ You made profit of $100. I just told you a story about a profitable business that made $100!

So who should we tell our story to? You might want to tell your story to banks or investors. Banks or investors might want to hear your story because they might want to lend you money or invest money in your business.

Another person who might want to know your story is The Tax Man! He wants to tax you.

We can break it down to 3 people who want to hear your story.

  • People on the inside – or internal users

  • People on the outside – external users.

  • The Government.

The language in which we tell we stories is sometimes called

‘Managerial accounting’ for internal users,

Financial accounting for external users; and

Taxation accounting for Government users..

The actual language that external users want to hear your information in is GAAP - Generally Accepted Accounting Principles.

The Govt wants to hear your story based on the Australian Accounting Standards

Now, internal users – what is name of the language that they want to hear? It can be whatever you want. There is no standard managerial accounting language.

Bookkeepers know the language of business and also know the requirements of the tax office. Bookkeeping allows the business owner to work with the numbers that matter. Want to know more or Learn about bookkeeping

     

Be the first to leave a comment here!

Printer Friendly Version Printer Friendly Version        Email a friend Send this to a Friend

Vietnamese Art News, Events, exhibitions


# 663 E - Vietnamese Painting - From Tradition to Modernity

Vietnamese Painting by Corinne de Ménonville

#722 - Lebadang Spaces
 Vietnamese art, culture and people

#335 - Dinh Quan Lacquer Paintings

 Dinh Quan Lacquer Paintings

#107E - 100 Vietnamese Painters and Sculptors of the 20th Century
Special Offer

100 Vietnamese Painters and Sculptors of the 20th Century

#114 - VietNam Ceramics
Special Offer

photography, paintings, drawings

# 105 - Vietnamese Contemporary Art
Special Offer

Vietnamese Contemporary Art

#208 - Bui Xuan Phai - The life and works

 Vietnam Art Book

#346 - Vietnam's Award Winning Photography
Special Offer

Vietnam's Award Winning Photography

#401 - The Flower Bo-Nga-Cho-Re Hoa Bo-Nga-Cho-Re

Vietnam Art Books

#628 - Asian Art & Culture - Viet Nam

Asian Art & Culture - Viet Nam



culture and people, Art book
Paintings
Ceramics
Photography
Culture
Artists
Children
Lacquer
Ethnic minorities