Introduction to Accounting

Money is lifeblood of any business -. To effectively manage and control the

money proper accounting system or systematic accounting procedure is required
in all business. Besides that, accounting provides information to the management
about the financial position of the business, sources of finance of the business,
cost of the financial source etc. This helps the management and the outsides to
create “goodwill” about the business or business firm.

In Ethiopia, there are currently fertile grounds for companies to flourish. In the
future there will be a number of companies likely to introduce their products in
Ethiopia . In this juncture the employment opportunity will be coming up. To
manage the company, the managing director should require, who should basically
know the knowledge of accounting and finance. Therefore ,the prime course of
Accounting and Finance is very essential for the present situation.

Introduction to Accounting

Money is lifeblood of any business -. To effectively manage and control the money proper
accounting system or systematic accounting procedure is required in all business. Besides that,
accounting provides information to the management about the financial position of the business,
sources of finance of the business, cost of the financial source etc. This helps the management
and the outsides to create “goodwill” about the business or business firm.

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