Monthend Accounting Procedures: Detailed step by step guide - Couverture souple

Libs FCCA, Sterling

Couverture souple

ISBN 10 : 0993197760 ISBN 13 : 9780993197765

Editeur : Straight Street Publishing, 2015

Synopsis

End-of-the-month accounting procedures, typically called month end close, are the tasks required to ensure that all of a small business’ financial records are balanced before the start of a new month. In most environments, a bookkeeper or accountant typically carries out these duties. Although end-of-the-month accounting procedures can be performed manually, computer software is commonly used to ensure accuracy and allow for ease of reporting. There are three key procedures that ought to be performed to successfully manage the end-of-the-month accounting process. These are:Corrections & Adjustments, Reconciliations and Reporting. The accounting process can differ slightly from one business to another based on variances in the chart of accounts, revenue and expense recognition, and cost centre breakdown. Despite these differences, the overall monthly closing process is the same. Following the same standard procedures to close the books each month will help ensure consistent and accurate reporting. This handbook uses illustrative examples from Sage 50 Accounts software).

A propos du livre

À propos de l?auteur

Sterling Libs FCCA is a Chartered Certified Accountant and an author of more than five books on practical accountancy and on how to succeed as an accounting professional. He owns an accounting firm based in Canary Wharf London and has been very instrumental in helping thousands of accounting students, graduates and lots of experienced accounting professionals from other countries outside the UK to understand the UK accounting job market & how to successfully secure accounting jobs. Sterling also owns a recruitment agency specialising in accounting & finance jobs. He is a business consultant, mentor and a really very inspiring person.

Détails de l'édition

• Éditeur: Straight Street Publishing
• Date d'édition: 2015
• Langue: anglais
• ISBN 10: 0993197760
• ISBN 13: 9780993197765
• Reliure: Broché
• Nombre de pages: 62
• Coordonnées du fabricant: Manufactured by Amazon on behalf of the author; https://www.amazon.fr/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxembourg