Accounting methods: concept and significance for the enterprice
Year: 2024
Type: conference-paper
Abstract: Business accounting practices play a key role in ensuring financial transparency and managerial efficiency. This article discusses the basic accounting methods used in enterprises, including double entry, balance sheet, costing, as well as inventory. The basic principles and rules for applying each method are described, as well as their role in reporting and making management decisions. This overview provides useful insight into accounting practices for businesses and can serve as a basis for improving accounting practices and making informed management decisions.
Author: Ivan Ceavdari
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W4410640133