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THE ACCOUNTING

Dear partners;

KARINA

For many people Accounting is seen as a legal obligation, something that must be taken because there is no remedy, ignoring
how important and useful it can be. That is why, you who want to start your own company, know that every company in the
country and worldwide has its accounting department with the goal of having your finances in order. For example, in Peru, not
having an accounting area can bring serious complications in front of the tax administration - SUNAT - to the point that your
company breaks.Therefore, as a future entrepreneur you must know the importance of Accounting, as it allows us to have an
absolute knowledge and control in companies.
That is why next we will talk about the ACCOUNTING, besides the types of accounting and the principles that are in order to
be able to elaborate and to interpret the financial statements; Based on this we can take wise decisions that generate
benefits on the profitability and viability of the company.
As we know, accounting is the main tool that exists in the financial world to make decisions that have to do with money
movements. The main objective of the Accounting is to prepare the Financial Statements that conclusively reflect the true
results of the activities and / or operations of a defined period of time and the true financial situation in which the company
is.On the other hand, Accounting has the functions of: Control, establishing accounting processes and comply with its phases
(Systematization, valuation and registration); E Inform, through the EE.FF. The effects of operations.
It must be understood that accounting, when developed in a company, is an integrating means of all processes that reflect
money movements because they end in the issuance of an integrated report about the financial situation of the financial and
economic situation of the company, Such information is obtained from the following Financial Statements: Statement of
Financial Position, Statement of Income, Statement of Cash Flows, Statement of Changes in Equity and Notes to Financial
Statements for more detailed information.

LUPA

Also, we can differentiate the types of accounting: Financial Accounting (External), that this provides essential information of
the operation and the EE.FF of the company to the interested economic agents; And Cost Accounting (Internal), is that used
for the calculation of costs, economic and productive states that will serve to make decisions.

Entrepreneurs, when they see information that is clear and up-to-date, can make much better decisions about the real and
financial position of their business. As well as its risk of continuity, its growth potential, and above all, the ability of the
company to assume its obligations and generate surplus in favor of shareholders. Therefore, the accountant must structure
the information under the principles of Accounting, taking into account the equity, double entry, entity, economic goods,
common denominator currency, business in progress, valuation at cost, period, accrual, objectivity, realization, prudence ,
Uniformity and exposure; All this is done in function of the need of the company and what the owner needs in his business,
thus leading a correct accounting with the accounting books necessary for each entity, among them we have:

CHINTIA
Top Books
Daily Book
Ledger
Book of inventories and balance
Auxiliary Books

Purchasing records
Sales record
Sheets (PLAME)
Cash and banks
In summary, Accounting is not only the process by which the productivity and solvency of a company can be measured, but
the medium that provides the required information as a basis for making decisions that allow the company to be productive
and solvent.

In the opinion, we realize that in each company is important the implementation of an accounting system that controls the
information of the company since this depends on complying with tax obligations. It should be mentioned that each company
is different and therefore the systems that should be used are different suited to each need they have.

MARIA

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