Enty's Business Glossary:

Accounting

Accounting is the core of a company's financial management reflecting all points of the company's economic performance under certain unified parameters. Bookkeeping provides founders and investors with information regarding cost and earnings, profit and loss, liabilities, and assets for decision-making, planning, and controlling processes within a business. Together with that, accounting is a required operation by a government. It's needed to ensure that businesses fulfill their obligations and to collect the country's economic metrics for more relevant financial management.
Accounting
Accounting is the core of a company's financial management reflecting all points of the company's economic performance under certain unified parameters. Bookkeeping provides founders and investors with information regarding cost and earnings, profit and loss, liabilities, and assets for decision-making, planning, and controlling processes within a business. Together with that, accounting is a required operation by a government. It's needed to ensure that businesses fulfill their obligations and to collect the country's economic metrics for more relevant financial management.

Explore terms related to the accounting process and taxation:
Be Well-Prepared to Start Your Company in Estonia
Find out everything about incorporation and company management before starting a company with our handbook! Incorporation, taxes, accounting, and basically everything a company needs to do.
Just leave us your email and we’ll grant you access to our guide!