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  • How important is accounting to success of a firm or a certain company?

    maria flor

    Member

    Updated: Oct 26, 2024
    Views: 996
    My brother is a graduate of accountancy. I am not close to him so I never tried to ask him regarding about his course. How important is accounting to success of a firm or a certain company???They said that accountant can balance anything..the debit and the credit, how it is true???
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  • Kaustubh Katdare

    Administrator • Jan 25, 2011

    maria flor
    My brother is a graduate of accountancy. I am not close to him so I never tried to ask him regarding about his course. How important is accounting to success of a firm or a certain company???They said that accountant can balance anything..the debit and the credit, how it is true???
    Any company would need proper accounting and accounting practices in place to operate. I don't have in depth knowledge of accounting, maybe someone more experienced and knowledgeable can respond to this question.
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  • maria flor

    Member • Jan 25, 2011

    thanks biggie for that ...
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  • Themis Consult

    Member • Jun 19, 2012

    maria flor
    My brother is a graduate of accountancy. I am not close to him so I never tried to ask him regarding about his course. How important is accounting to success of a firm or a certain company???They said that accountant can balance anything..the debit and the credit, how it is true???
    Hi Maria, accounting is necessary to accurately read the health of your company. It also allows you to plan for any future strategic initiatives. A company with a strong Accounting base will always be easier to manoeuvre.
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