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1992 | OriginalPaper | Buchkapitel

Accounting

verfasst von : G. Gorman

Erschienen in: Business Studies A Level

Verlag: Macmillan Education UK

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Figure 5.1The need for financial records All firms have to keep financial records, which serve various purposes, as illustrated in Figure 5.1. Accounts are used for management and control of the organisation, providing information such as: which customers/products are most profitable;which products/departments consume the most working capital;when the organisation may need to borrow;which products are most frequently returned because of faults;whether the firm can afford new investment.

Metadaten
Titel
Accounting
verfasst von
G. Gorman
Copyright-Jahr
1992
Verlag
Macmillan Education UK
DOI
https://doi.org/10.1007/978-1-349-13846-3_5