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002-001 - Why Maintain Accounting Records?

This paper is an introduction to the Bookkeeping Accounting Systems required in small/medium enterprises if the businesses are going to receive meaningful financial accounts. The paper reviews the bookkeeping role and also examines the users of financial information. These include: Management O ...Read more
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This paper is an introduction to the Bookkeeping Accounting Systems required in small/medium enterprises if the businesses are going to receive meaningful financial accounts.

The paper reviews the bookkeeping role and also examines the users of financial information. These include:

  • Management
  • Owners
  • Proprietors
  • Shareholders
  • Taxation Authority
  • Creditors
  • Potential Investors
  • Government Regulatory Bodies
  • Competitors
  • Customers