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Accounting operates within its own language, a system of terms and conventions that serve as the backbone of financial communication and analysis. Understanding this unique language is essential for interpreting financial data, making informed decisions, and effectively navigating the intricate world of business finance.
According to Luis Mocsa , a certified public accountant, owner of several small businesses and a consultant with American Management Services, KPIs are both strong and versatile. A KPI is a guide that helps to achieve business success by evaluating employee productivity, measuring your finances to the status of a job in progress.
At inDinero, we believe accounting supports business. If a business owner doesn’t understand an accountingterm , we don’t use another accountingterm to explain it. We specialize in accountants who speak business to business owners and CEOs. Sometimes there’s just no avoiding accounting speak.
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