Why accounting
Assume you have been hired as a “consultant” to help advise this new company in its early stages. Your job is to convince Mr. Marishane of the importance of creating a proper accounting system for his company. In accomplishing this task, you must explain to him:
What accounting is,
Why accounting is needed,
What benefits he (his company) will derive from implementing a good accounting system, and
A general overview of the “mechanics” of the accounting process.