/Poland/Częstochowa/Accounting

Accounting in Częstochowa, Poland

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions. The core principles of accounting are transparency, accuracy, relevance, and timeliness. Accounting is a vital function in any organization, as it provides insights into the financial health of the business and can be used to make decisions about where to allocate resources. The accounting cycle includes identification, recording, classification, and summarization of financial transactions. Accounting information is then used in financial statement analysis to make informed decisions about how to grow the business.