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The purpose of accounting is to accumulate and report on  financial information about the performance, financial  position, and cash flows of a business. These details are then  used to reach decisions about how to manage the business,  or invest in it, or lend money to it. This gained knowledge is then accumulated in accounting records with accounting  transactions, which are recorded either through such  standardized business transactions as customer invoicing or  supplier invoices, or through more specialized transactions,  known as journal entries. 


Here are some reasons for why accounting matters for your  small business: 

Accounting helps you plan for growth: Financial  statements let you properly assess how quickly your business is 

developing. Without accurate financial statements, it can be  tempting to fall back on easy metrics like “sales growth,” which  don’t give you the full financial picture. 

Accounting is essential for securing a loan:Up-to-date  financial statements demonstrate where your company stands.  They’re essential if you want to fund your small business with a  loan. 

You need accounting to get investors or sell your  business: Potential investors or buyers will expect accounting  records that prove your business is profitable and on-track for  growth. These records should be provided by a CPA (Certified  Public Accountant). 



And the best way to find applicable places to do/set-up your  accounting practices is by using’s Accounting  listing category.

So go on, find your ideal accounting place, which could be the  difference between you being rich or poor, and be sure to  check it out using



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