Accounting isn’t the most glamorous part of running a business. Most business owners would rather spend their time running and developing their business. But accounting is important. Without it, a business may never reach its full potential and a lack of proper accounting could even create legal or tax problems that could easily have been avoided. Not to mention that without accounting a business wouldn’t be able to determine if it’s making a profit or loss.

Accounting is often seen as a complex and technical subject understood only by those who have completed accounting qualifications or business degrees. But, we all do some kind of accounting in our daily lives – for example, we plan our purchases and expenses according to our ...

Get Brilliant Accounting now with the O’Reilly learning platform.

O’Reilly members experience live online training, plus books, videos, and digital content from nearly 200 publishers.