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Accounting 101 - jkwcpa.com

Accounting 101 Everything you need to know about Accounting for your small business. Table of Contents 1 | What s Accounting and why does it matter?.. 1 2 | Accounting terms every small business owner should know .. 3 3 | Key Accounting reports every small business owner should use .. 6 4 | How to measure your success .. 8 5 | Can I do it myself, or do I need an accountant? .. 9 6 | Congrats!.. 11 1 Chapter 1 What is Accounting and why does it matter? What is Accounting ? Accounting is the process of recording the financial transactions of your business. The Accounting process is an important function of business as it reveals financial inconsistencies and redundancies which could lead to better business operations. Having complete and current Accounting , properly executed, can make the difference between business success and failure.

Accounting 101 Everything you need to know about accounting for your small business.

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