What are the principles of the organization’s accounting? How to properly build her work? Probably, any aspiring businessman who decided to open his own company, but who did not have a special accounting education, would ask himself such questions. There are more than enough theories on this subject: the number of legislative acts relating to this or that extent of this issue can confuse even the most advanced financial specialist. Let’s try to understand the basic concepts that a newly registered company is faced with in practice.
Organization of accounting is the task of the leader. He must determine which of the employees will perform the functions of chief accountant. It may be the CEO himself. In the absence of a suitable employee, it is possible to conclude a contract for accounting and reporting with a company specializing in this matter. Continue reading