The company's accounting department classifies, quantifies, and records the company's financial transactions. This mission is very important, both for the company's external partners, in particular the State, the bank, suppliers, customers, and potential investors, and for the company's managers themselves, particularly in their strategic and operational decision-making.
The income statement, the balance sheet and the cash flow statement are the main documents useful for the management of the company. These financial statements are supplemented by explanatory notes to facilitate their understanding.
Thus, an excellent knowledge of accounting principles, the commercial code as well as specific laws and regulations applicable to the company is necessary to produce these financial statements in complete safety.
We know that accounts kept in violation of a normative and legislative provision or containing errors can have serious consequences both on the continuity of the company's operations and on the very career of the managers.