why accounting so important?can u give me some example?

Answer 1

So you know how much money is going in and how much is going out.

Answer 2

accounting for or being accountable for something means you're being a responsible person. Accounting is important because it has a debit and a credit and both must equal each other. Same as in your checkbook. There is an income figure, and you deduct the checks for payments you write, and your statement must equal at the end of the 30 day period. If not, you're in trouble and must go back and find the errors to make it equal out.

Answer 3

My first few years of college I thought I wanted to be an accountant. I found it very easy. My instructor, a former accountant, said it was to many headaches for him. I agree I am now a mathematics minor and working on my Doctorate in another field.

Answer 4

Accounting is the basis for the business, irrespective of their size.

There are several branches in accounting such as Costing..managerial..budgeting..cash/fund flows..and so on.

For eg.,if you wanna know the financial position of a co., duly structured, an ERP can help in the best way..

For instance, check the following link.

http://rfp-templates.technologyevaluation.com/samples/Accounting_Software_Selection_RFP_Template.xls

Answer 5

money. accounting helps you track money, if you balance your checkbook, you're doing accounting work.

Answer 6

it teachers you to balance your check book and some stuff about taxes

Answer 7

taxes

Answer 8

Enron!

.... well it's here in the ledger so it MUST be somewhere.....