ACCOUNTING AND FINANCE
UNDER THE GUIDANCE OF,
ADITYA
SOFT SKILLS TRAINER
GROUP 2
GOVT FIRST GRADE
COLLAGE FOR WOMEN
HOLENARASIPURA

Introduction
Accounting is Means by which necessary financial information
about the business enterprise Is communicated And is also called the
Language of business .Many users Needs financial information in order to
Make important decisions.
This user can be Divided Into two broad categories
Internal users
External users

1. Keeps a record of business transactions
2. Facilitates decision-making for management
3. Communicates results
4. To ascertain profit and loss
5. To determine the financial
6. To assist the management
Importance of accounting

Golden rules of accounting
1. Real account
2. Personal account
3. Nominal account

INTRODUCTION
Finance is life blood and nerve centre of a business ,just as circulation of blood is
essential in human body for maintaining life, finance is very essential to smooth
running of the business .Every enterprise, whether achieve its target . Without
adequate finance . No enterprise can possibly accomplish its objectives.

Importance of finance
Financial management helps a business to determine what
money to spend, where to spend it and when it should be
spent. It also gives an overall view of the financial status of
the business, helping to determine business strategy and
direction as well as contributing to the objectives of the
organisation.

Reference
By Google
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