It’s not your fault if your business have a problem. Moreover, you are not alone, many people out there who have the same business problem as you. When you first start a business, we do not just put the credit and debit as our first priority. Moreover, keeping records is not your expertise. But even so, ignoring the management report will bring you into the complex accounting issues.
Of the various accounting issues in business, many says “I wish I knew how many common accounting problems, so this may not happen”. But sometimes, some are already aware of the problem but they did not immediately deal with it. The reason is “I do not have time for it” or “I do not know how to handle it”
That’s why we’ll try a bit to discuss some accounting issues that are common in the business world. Read more