We’ve taken our best-selling Cost Accounting guide and enhanced it with fresh, up-to-date information that every company should know! Like the original, our 6-page edition details the many aspects of accounting within businesses; key definitions and examples of accounting practices are listed for ea

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The accounting cycle. Transactions are entered into the journal as the first step in the accounting cycle. The journal is organized chronologically, that is, entries are added one after another in the order they occur. Journal entries are transferred to a ledger (posted to a ledger) as the second step.

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Emma Simpson is an accountant and also a business woman. She founded the Cheaper Accountant, a company offering great value, low-cost accounting services to small businesses across the UK.

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