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Essay text:
The person who knows WHY will always be his boss." A bookkeeper knows "how," but an accountant or sophisticated user of financial statements knows "why."
Now, as we delve deeper into the differences between accounting and bookkeeping we must keep in mind that to be a successful accountant you must be a successful bookkeeper. Bookkeeping is the process of recording and summarizing the economic transactions of an entity. Entities use bookkeeping because it provides organized and accurate information about their financial transactions. Bookkeeping is closely linked to accounting but it deals mainly with recording information...
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Common topics in this essay:
- How to Make Decisions Like Our Founding Father
- 13 Fatal errors managers make
- Accounting Decisions
- Accounting Vs. Bookeeping
- Accounting for Managers
- Accounting for managers
- Critical analysis of the role of individual values in explaining the decisions that managers make concerning key human resource (HR) issues.
- Decision Making Process: Improving Our Ability to Make Decisions
- Ethical Decisions ? How do we make the right ones?
- Financial Managers Need Only Concentrate On Meeting The Needs Of Shareholders - No Other Group Matters
- MotivationHow should organizations make decisions?
- Outsourcing and make-or-buy decisions
- Production Decisions
- Roles and Responsibilities of Financial and Managerial Accounting Managers
- decisions faced by managers
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