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For each contractor, does not have investments in solo and flat working staff. And "Important To you also UN practice on the management of your property to ensure that everything goes well and the processes are released. Therefore, it is also necessary for you to have knowledge of basic accounting principles. Basic accounting principles must be learned are: 1. Understand what the business is a separate entity from the other party of its owner. That all attitudes are signed Owner shall not be put in the book of the Company and vice versa. Both should be treated separately. 2. Assuming that the entity will operate during the UN indefinitely. As in history, recording the activity must not be based on their market value, but their initial cost. In addition, these activities are not to be sold immediately. 3. Taking law in the commercial recording of financial transactions, the monetary unit MUST be used is the U.S. dollar, Canadian dollar and the currencies that apply more. Therefore, if you have information or transactions cannot be measured what is the monetary unit is not necessarily in place. 4. How regard the second point, that all or a resource acquired from the company must be registered and assigned the value based on your purchase price. UAE AuditHowever, this may not be particularly applicable when the activities of the company are liquidated or E Crossing closing phase. 5. The United Nations to the recording of revenues and expenditures. 6. Following the principle expense. Note if your business is not only the rate of profit, but also makes costs. Count As before the company acquired, try to deduce FRESH Comes with a net profit. 7. Understand the principle of accrual accounting. To be able to really take the law of commercial transactions of the Company, and shall record the expenditure and revenue for the period was done and not under the terms of money has been received or spent. Auditors in Dubai For you to be able to fully understand these principles, first you need to know to tackle debt, credit, assets, liabilities, and others. And necessary to understand the benefits that can be obtained from the Accounting and realize that this is a very important tool for the management of the company.
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