Accounting services, tax and financial reporting

I would rather be certain of a good result than hopeful of a great one.

(Warren Buffett)

Economic accounting originated in ancient times, when people began to enter in the first economic relationships between each other. From the beginning it was a way to display quantitative and qualitative characteristics of economic activity with a purpose of its effective management. Accounting as an independent branch of knowledge has been developing over millennia. The development of classical market relations forced accounting to form scientifically and legally as a means of management of the trading companies and banks. Owners were no longer satisfied with primitive accounting in the income and expenditure books, which were popular over time. To manage the trading companies and banks, a solid and continuous accounting was needed. It would give the necessary information and provide daily monitoring of the presence and flow of capital and the definition of relations with partners.

As of today the accounting is used in all areas of business activity, in all sectors and sub-sectors of economic management. No company can operate without specialists who perform accounting and tax accounting. The need for accounting at the enterprise occurs primarily as a legal necessity and the necessity to manage the enterprise resources.

Legal and consulting firm “KD Consulting” provides outsourcing services in accounting, tax and financial reporting. Accounting outsourcing allows companies to focus safely on their core business processes, passing to the professionals the keeping, submition of tax and financial reporting.