Professional Documents
Culture Documents
Objectives
2. To avoid breaking certain laws and regulations that will cause a problem for the company or entity.
3. To ensure that the company pays taxes properly to avoid tax evasion and that the payment does not
go somewhere else.
4. To ensure that the account books and accounting systems are up to date.
5. So that the company and individual can see and analyze their finances easily.
6. To help the business owner – especially the ones who are not skilled in financial management – to
think of strategies in order to improve their businesses financially.
7. To have cost-effective business and so that the company or individual can lessen their expenditures
and increase their profitability.
8. So that the businesses and individuals can have someone to organize and maintain their finances.