Accounting is a complex system for registering, collecting and processing information about the obligations of an organization, expressed in monetary terms. Simply put, accounting is needed to record everything that happens in an organization and relates to profits.
Instructions
Step 1
To understand accounting, study the theory of accounting and the basics of economics. Understand what transactions are, what types of accounts and balances are, and types of cash flows.
Step 2
In accordance with the federal law "On accounting", accounting must be carried out in absolutely every organization from the moment of its registration, otherwise unnecessary problems with regulatory authorities may arise. For organizations that did not keep accounting or accounting was conducted incorrectly, administrative liability in the form of fines is provided: - Article 15.11. The Code of Administrative Offenses of the Russian Federation suggests the imposition of a fine in the amount of 2,000 - 3,000 rubles for incorrect accounting and provision of inaccurate financial statements; - Article 15.6. The Code of Administrative Offenses of the Russian Federation presupposes the imposition of a fine in the amount of 100 - 500 rubles for the lack of information necessary for submission to the regulatory authorities.
Step 3
While mastering accounting, remember its basic requirements and important tasks, which are absolutely the same in all organizations: - any organization, regardless of its form of ownership, must keep full accounting records of property, business transactions and other obligations by double entry in accounting accounts; - accounting in Russia it is conducted exclusively in the national currency - rubles; - any organization during the reporting year must adhere to a certain accounting policy. Accounting policy implies the timeliness of data provision, the priority of the economic content of facts, the consistency and rationality of accounting; - the current costs of performing work, manufacturing products, rendering services and other financial investments are accounted for separately.
Step 4
Form reliable and accurate information about the economic and financial situation of the organization, which is necessary for internal users (managers, owners, participants) of accounting and external users (creditors, investors).
Step 5
Provide complete information on a timely basis to both internal and external accounting users. Prevent possible negative phenomena in the financial and economic activities of the organization, predict the results of the organization.
