Accounting and bookkeeping
Accounting and bookkeeping offer us security to calculate correct amounts of our obligations towards public tax authorities.
To prevent possible financial losses it is important to have your accounts organised. Accounting uses the information provided by bookkeeping to prepare financial reports and statements. Bookkeeping is one segment of the whole accounting system. Accounting starts where the bookkeeping ends and has a broader scope than bookkeeping. The result of the bookkeeping process is providing input for accounting.