Accounting is an information system which shows the operation of the enterprise organizations. During the book-keeping activities, accounting collects, records, organizes and presents data relating to the assets and effectiveness of the enterprise.
The purpose of data collection is to provide adequate information for decision makers (managers, owners, investors and holders of debt claims) and monitoring bodies such as tax office.
In Hungary, for small and medium-sized enterprises the latter- to report to the tax authorities is the main goal. In my experience the efficiency of an enterprise is greatly improved if the owner and the management receives accurate financial information in time.
• Double–entry bookkeeping, managing analytical records
• Distant accounting
• US GAAP
• IFRS
• accounting of MLM enterprises
• Cost centre, account centre accounting
• Preparation of annual records
• Preparation of monthly, quarterly and annual returns
• Representation at tax office, data checking with authorities
• Preparation of regulations
• Keeping contact with auditor and bank
• Participation in the recovery process
• Preparation of monthly/annual reports and forecast for owners, managements, and parent companies
• Participation in planning
