The Meaning and Characteristics of Business Accounting
First, the meaning of commercial accounting
Business accounting is used in the field of commodity circulation enterprises of a professional accountant. It is the basis of a commercial enterprise, through monetary measures, double-entry bookkeeping and continuous, systematic, comprehensive, integrated accounting and oversight, reflect the company’s integrated operations and operating results for the internal and external stakeholders to provide financial information; for enterprises provide the basis for management decision; encourage enterprises to strengthen management, increase economic efficiency. Therefore, the commercial accounting management of commercial enterprises is an important part.
Second, the characteristics of commercial accounting
Business Accounting Accounting is the national economy a branch of the accounting and other corporate accounting together with the accounting and oversight functions, and there is no unique characteristics. However, laws governing the operation of commodity circulation and the combination of accounting, the commercial enterprises are mainly engaged in commodities trading activities, and commercial accounting is mainly carried out around the accounting and management of commodity circulation, and therefore has its own characteristics.
(A) of the business accounting for commodity circulation center movement of capital and management accounting
Circulation of commodities by commodity, currency relations form a “money – commodity – money” in the form of circular movement of funds in the purchase and sale process, through the purchase of goods, payment and fees, so that monetary funds into commodities funds; in the sales process, through the sale of goods, to obtain income and surplus of the commodity funds and into money funds, and get added value. Commercial activities accounting for commodity circulation center, raising funds for goods, use and recycling of funds for accounting and management, and its focus on accounting and management approach is clearly different from other enterprises.
(B) market-oriented business accounting
The most basic law of commodity circulation is the law of value. From the value of goods on the law of supply and demand and get a favorable opportunity to expand economic benefits, this is business accounting in the socialist market economy, another features. Since the establishment of a market economy after China, breaking the previous allocation of product plans, pricing plans and sales monopoly situation, commercial accounting must be running in the enterprise, according to the law of value and cost of controlling the cost of goods, to expand revenue, so that enterprises in the competition invincible.
(C) the accounting for business enterprises to expand production process in the production and consumption play bridge and link between the business accounting work through complex billing and services, on the one hand for the producer services; the other hand, the consumer services to promote the production to meet consumer and accelerate cash flow, and promote all aspects of business and economic relations.
Possibility Related Posts:
Posted in Accounting | 
Tags: account, accountant, accounting management, bookkeeping, branch, business, business account, business accounting, cash flow, circular movement, circulation center, commercial enterprise, commodities trading, commodity, commodity funds, commodity money, company, double entry bookkeeping, economic efficiency, economy, information, integrated accounting, internal and external stakeholders, management, management accounting, management decision, monetary measures, money, money funds, national economy, oversight functions, professional accountant, style, supply and demand