Not enough information. Required accounting of WHAT? To be submitted to WHOM?
An accountable officer is an individual required to maintain accounting, and such records.
Control summary records (CSRs)
Basically, cost accounting is an area of accounting that measures, records & reports the product cost. It is important or necessary generally for 2 purposes. 1. determine cost. 2. control cost.
How long to keep accounting records for business in the US
I think what you're saying is that accounting is necessary to keep the company's books and records straight ... but auditing is a luxury as it is just validation of the accounting (as well as some other checks around fraud, internal controls, etc.)
Accounting records include ledgers, invoices, receipts, correspondence with tax agencies, etc.
Finance/Administration is the ICS function that records time, and provides accounting and procurement.
Peachetee accounting software doing for maintaining all types of accounting records.
An accounting clerk records a specific category of financial transactions. Generally, a high school education is only required. A staff accountant is an entry level accounting position. Tasks will vary from bookkeeping duties, to preparing financial statements. Related college courses are often required as a staff accountant.
Necessary Records was created in 2003.
The key task of accounting-related clerks is to maintain financial records.
To reconcile a bank statement, first compare the transactions listed on the statement with your own records, such as your checkbook or accounting software. Identify any discrepancies, such as outstanding checks or deposits not yet reflected in the bank's records. Adjust your records as necessary, accounting for bank fees or interest earned. Finally, ensure that your adjusted balance matches the ending balance on the bank statement.