A top CPA firm in east El Paso offers standard accounting advice:
Resources or assets are the lifeblood of every non-profit in east El Paso, and an organization cannot long continue to achieve its operating objectives unless it can obtain at least enough resources to provide goods or services at levels and of a quality that are satisfactory to resource providers. Organizations that do not provide adequate goods or services often find it increasingly difficult to obtain the resources they need to operate- even with a savvy accounting firm at the control.
Economic resources or assets are also the lifeblood of a business enterprise. Since resources or assets confer their benefits on an enterprise by being exchanged, used, or otherwise invested, changes in resources or assets are the purpose, the means, and the result of an enterprise's operations, and a business enterprise exists primarily to acquire, use, and distribute resources.
Bondholders are concerned with management's compliance with bond indentures and may take legal action if covenants are broken. Thus, decision making and stewardship are interrelated accounting and CPA objectives. Indeed, the stewardship role of accounting may be viewed as subordinate to and a part of the decision making role, which is virtually all encompassing.
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