Necessity of accounting of income and expenditures from conventional activities

This article discusses the material on the accounting of income and expenses of the organization from ordinary activities, their accounting and analysis. The effectiveness of the activities of enterprises of various forms and industries, taking into account the existence of many types of activities, can be determined by how much the company makes a profit. And accordingly, in modern conditions, the prospect of enterprise development depends on the financial result it receives. For any enterprise, the basis of functioning is the efficiency, correctness and rationality of organizing accounting for the formation of income and expenses.