The Importance Of Writing A Business 's Health

891 WordsSep 22, 20164 Pages
Writing plays a significant role in many disciplines in the workforce. Some believe that in accounting, writing does not take place at all. This is far from the truth. In fact, when it comes to accounting, writing is very important. It is the inspector in a business’s health. It is used to tell people the status of a business, address the problems, and provide answers. In this essay, we will try to convey the important role writing takes in accounting. We will show its purpose, its content, and the steps to take in order to write successfully in accounting. In the world of accounting, the main goal is to provide information, address issues, and give insight and solutions. These aspects are what accountants are meant to show in their reports. These reports show the people inside and outside of businesses how it is doing. Investors can know whether or not to invest in a company, and managers and owners will know how to fix certain problems. Without the specific writings, business would not be able to know their financial “health.” Owners might blindly get into to much debt. Creditors might loan to a company that cannot pay back their debt and not even know. Investors might miss out on an opportunity to invest in a good company because there was no way to show which ones are better. Accountants are the financial doctors, and the writing taking place is the businesses’ diagnosis. In accounting, the different kinds of writing are the financial statements, the summary,
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