What is financial accounting?

Financial accounting

What is financial accounting?

Within financial accounting, we oversee the finances of your organization. Financial accounting represents the translation of business activities, which we record to maintain an overview and gain insight. Having this overview and insight is essential for making the right decisions at the right times.

However, the reliability of the financial accounting heavily depends on the recordings made in the operational processes. Hence, primary recordings in these processes must receive considerable attention.

Also read 'Key financial ratios often reveal the difference between successful and bankrupt companies'.

Sustainable success through manageable and controlled growth

The ICR online business software helps entrepreneurs and organizations find balance and peace, through manageable and controlled growth, with the goal of a healthy organization and sustainable success. We do this through the all-encompassing ICR cycle.

Choose our successful approach and start your process to go from ambition to result with the ICR Ambition Refresher!

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The comprehensive ICR cycle

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