Tuesday, February 21, 2012

Through Accounting


As an individual or a company there is a need for the level of responsibility to ensure that your life or business is regulated by the above committee. Accounting is part of the business of every business must have in order to manage resources and processes. You can just tell the health of the company, if you have an adequate accounting system in place. One of the reasons behind the failure of some companies is the fact that minimal or no accountability of leaders on the board or committee of employees and so on. If one can not be held responsible for the business' performance, therefore, that the work suffers from stunted growth.

- Accounting for increased accountability - Accounting creates the much needed financial performance reporting that directors can use to employee's account. It's easy to say the performance level of the leaders simply analyzes were able to make a profit in a month through strict accounting policies.

- Accounting Business Health says - Before any investor gets involved in business, they check the health of the business to invest in. This happens when the accounting system produces reports. Finances are sometimes published in the press and signed by the company secretary who then takes full responsibility or liability for total or authenticity of the information.

- Accuracy is important in accounting - A would rather not have to accumulate accounting information that works not correct. With false information, wrong decisions. No one can put on the account. It is expensive to make decisions based on incomplete or incorrect information.

- Responsibility for the entire workforce - Sometimes people assume that the financial people on the basis of dealing with the accounts must be held accountable. Everyone has the responsibility for what they are doing, how they do it and why.

- Accountability is crucial for proper corporate governance - There can never be a good management of the business, without a clear accountability structure.

I've watched over the years to a situation in which I refused to be accountable, I slowed down in making the desired progress in life. I remember when I keep to myself and no one to speak into my life at that moment I was most mischievous things in life. Why not? I had nobody to look at me seriously in the face and tell me how. My wife taught me how accountability can be achieved through accounting with the way the family handled the accounting issues to the last percent. It is a very responsible person I know. Unfortunately, I still lags behind in this area. I spend the first, and sometimes forget to keep interested parties informed about their financial activities.

Rabison Shumba is a young African entrepreneur who has an interest in information and communication technology, agriculture and mining. He is also a motivational speaker, trainer and author. His book, size handbook and a variety of online articles as tools for personal and professional development. Together with 100 other Career experts, co-author Rabison 101 Great Ways to improve your career. Rabison personal vision has influenced the lives of children in marginalized communities by creating a platform for career guidance, Veterans and information empowerment and capacity building through a Trust the size of the factory, where he currently holds the position of Chairman of the Supervisory Board and Acting Executive Director of the director. He was actively involved in the organization of career advancement and leadership tests to drive and inspire young and mature professionals in size. His areas of expertise include strategy, leadership, personal and professional development. Rabison is married to Jackie, and they have two daughters. They live in Harare, Zimbabwe.

3 comments:

  1. Your viewpoint on the topic is very outright and convincing on accounting! Thanks so much, enhanced my skills!
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  2. It was made more accountable than it looks before.

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  3. I'm a novice working in irs atlanta ga and i must say i find this post really helpful..

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