Basic English Language Comprehension Proficiency of CEFR A2 level
Bookkeeping refers to the recording of financial transactions and is part of the process of accounting in business and other organizations. Bookkeeping is important to any business because it facilitates budgeting. With your income and expenses properly organized, it is easy to review your financial resources and costs. Bookkeeping is also important to file your personal tax return because, for any business owner, a large part of their income comes from business.
Let's join this session to learn about the importance of bookkeeping in Business. Better late than never!
At the end of this session, you will be able to:
1. Understand the importance of bookkeeping to provide information for decision-making
2. Use information from bookkeeping for performance management
3. Learn about the significance of bookkeeping for audit and taxation purpose.
Importance of Bookkeeping In Business