Company performance - Výkonnosť spoločnosti

Companies have to know how they are performing. To measure this performance, they use accounting. There are two basic groups of c, which are interconnected: managerial and financial.

Managerial or corporate accounting is used only for company´s internal purposes. It provides data about operational efficiency, which helps managers analyse different aspects of their business and make future decisions according to the results of these analysises. This accounting has to anticipace financial requirements, identify the best sources and devise methods of thein effective use. Also, it has to manager the firm´s credit policy.

Financial accountig provides informations about financial performance, which are important for the labourer of the company and also for people outside the company as tax offices, trading partners, potential investors, shareholders and so on. This accounting is regulated by state. The main categories of financial accounting are:
...