Tag: Financial Statements

Accounting may seem like it’s all about calculators and caffeine, but it actually plays some pretty vital roles in keeping a business running smoothly (and legally). Here are the key functions of accounting: 1. Keeping Financial Records Tidy (Because Chaos is Not a Strategy) Accounting’s first job is to record all financial transactions in an…

Accounting isn’t just about balancing books and crunching numbers—it’s the behind-the-scenes superhero of the business world, quietly making sense of financial chaos. Let’s walk through the objectives of accounting, one ledger entry at a time—with a few laughs along the way! 1. Keeping the Books in Order (No, Not Your Kindle Library) The first mission…