As is known, the activity of any company and evenindividual entrepreneur should be displayed in financial records. This rule is immutable for any company, regardless of the scope, volume and complexity of operations performed. In this article, we will describe what accounting tasks are and explain why its mandatory maintenance is not a legislative whim, but a necessity.
First, let's pay attention to the concept ofinformation system, which is a means of providing people with the information they need in the course of their activities. Accounting, in fact, is the same information system for the enterprise and provides the necessary data to users of accounting information. Based on this, we can formulate the main objectives of accounting:
1) The first and most important task is the formation ofyou can more complete and reliable picture of the economic activities of the company. The importance of this accounting task is that, based on the data presented in the reporting, the company's leaders, investors, shareholders and other information users make various kinds of decisions: managerial, financial, decision to grant or not grant loans, and so on. The more accurately recorded, the fewer errors contain financial data, the more likely that users of information will make rational and profitable decisions, which means that their personal welfare and well-being of the firm will grow.
2) Monitoring the work of the company, timelyidentifying deviations from plans and forecasts, identifying their causes and making proposals for adjusting the current situation - a study of accountants' reports helps to understand whether a firm works according to management plans. If the values of the benchmarks differ from those forecasted, this should be the reason for a more detailed analysis, including official investigations.
3) Identification in the company of various kinds of reservesthanks to which additional financial, payment and economic sustainability of the company can be ensured. This refers to the control of the availability and movement of various kinds of resources - financial material (raw materials, consumables, tools, and so on) and labor
4) Control over the expediency of the commissionoperations - thanks to the analysis of indicators of accounting, you can determine which operations are profitable for the company, and which, conversely, bring only losses. It is thanks to the implementation of this task of accounting enterprises turn those types of economic activity that are not profitable for them and go to more profitable.
5) Контроль соответствия деятельности предприятия legal norms - studying the statements of an enterprise, regulatory bodies (tax administration, pension fund, social insurance fund) can draw conclusions about whether its activities comply with the laws governing it, whether all taxes and mandatory contributions are fully paid. In the event of violations, these bodies may influence the organization in order to return it to the legal framework.
Based on the above list, you can makethe conclusion that the goals and objectives of accounting fully explain the need for its maintenance. It is thanks to competent accounting that a company can provide the necessary information to persons directly involved in its daily activities and development. In addition, accounting allows you to quickly monitor all ongoing operations, and in case of problems, respond to them as quickly and efficiently as possible.
