Sunday, 3 November 2013

Accounting Help: Online as well as offline



Accounting is one of the most sought after career options in modern society. There is huge demand for talented accountants in the business world. A highly qualified accountant draws a fat salary in the corporate world. Hence, it is imperative to seek accounting help from seasoned tutors. There are many tutors available online, who offer accounting help in financial accounting, managerial accounting, cost accounting and so on. Some are offering offline accounting help too. 
  

Economic Help along with Accounting Help

Realizing the close relation between accounting and economics, many institutes are offering economic help along with accounting help. Some also offer social studies help.
Accounting is the means by which we measure and describe economic activities. Economics is the science of producing wealth. It is also called the science of business activities or the social science of business. So it can be said that both deal with the same subject matter, namely wealth, its production and distribution. Accounting is used extensively by organizations to promote growth. Economics is used by economists and policy makers to accelerate national growth. 

What makes accounting so important?

A business owner needs to know: what he owns, what he owes to stakeholders, and how to achieve optimum use of organizational resources. All this is made possible by keeping a record of transactions entered into in connection with the production and exchange of wealth. Keeping record of transactions in a scientific manner is the work of accounting.

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