Introduction to accounting

GENERAL ACCOUNT

Concept:

Is the technique that help us to record in monetary terms, all accounting transaction that celebrates the company providing the way to implement a control that allows accurate and timely information through the financial statements and the correct interpretation of them.

The accounting is divided into two very important fields:

Cost accounting:

Is the responsible to keep a excellent control over the production cost.

Financial accounting:

Responsible for the rules and procedures to record, quantify, analyze and interpret economics events affecting tha company's capital.