Accounting for business processes and their role in the formation of profits

Accepting and understanding the economic challenges of the modern world is an important task of acting as a separate economic entity. Searching the optimal ways of solving it, oblige us, the graduates of business administration to get a deep knowledge and learn all those business processes in which residents of the country are involved, properly arranged business is the foundation of economic strength for both the country and its population. For this reason I present my thesis paper, which consists of an introduction, three chapters, conclusions and relevant statements. The first chapter deals with business entities and the business world, sources of finding financial resources; the second chapter discusses accounting carried out in the course of business activities -manufacturing, supply and production, chapter also covers the manufacturing process as an important cost-generating stage. The third chapter discusses Realization process with its accounting which shows the final financial result of the activity. Moreover, it explains the importance of the accounting profession in conducting accounting, and explores important ideas and concepts for improving the management of business processes.