myth about accounting

Confusing Words in English Language. Free Reading..

I really don t need accounting reports to know how my business is doing

Myth about Accounting

Accounting is the measurement, processing and communication of financial information.
I really don t need accounting reports to know how my business is doing

Having a full time internal or external accountant can save you much future heartburn. An accountant will help organize your finances in a timely fashion, allowing you to make good financial decisions and take advantage of opportunities for growth. Not to mention, they ll make your life a lot easier around tax time.


Accounting is about math
People who file electronically are more likely to be audited
It s expensive
Accounting is so easy anybody should be able to do it
Owners don t need to spend time accounting
Small businesses don t need accounting
I still need to calculate taxes manually
I need to spend time to learn Accounting Software
I really don t need accounting reports to know how my business is doing
Accounting software is simple
Accounting is only important at tax time
Manual accounting is fine If it isn t broke why fix it
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