Users of the financial statements and annual reports.

Though accounting records and reports a company’s transactions, many different parties benefit from this information. These individuals — called financial statement users

Shareholders of the company

The company owners, want to assess how well the management is performing. they want to know how profitable the company's operations are and so the potential for dividend payments as well as whether their investment is sound.

Useful English words for international business part 2

Consumer Associations

Consumer Price Index

Consumer Sovereignty

Control Methods

Conversion

Copyrights

Books of Account

Books of Prime Entry.

Books of prime entry are the initial accounting records where business transactions are first recorded before they are transferred to the general ledger. They are also known as "journals." The purpose of these books is to provide a chronological record of transactions, which makes it easier to later transfer the information into the general ledger.

Cash Book 

‘T’ form cash book contains two sides: the left-hand side means the debit side and the right-hand side means the credit side. The primary book where transactions regarding cash receipts and payments are recorded in chronological order of dates with explanations and balance is drawn at the end of the day or a particular period is called cash book.

Useful English words for international business part 1

Alternative Raw-materials.
Asia Pacific Economic
Active Strategy
Ascribed Characteristics
Cooperation

Orchids

Orchids are one of the most beautiful and fascinating flowers in the world, known for their stunning and intricate blooms. Growing orchids may seem challenging, but with a little knowledge and effort, anyone can cultivate these stunning plants.

To grow orchids, it is important to choose the right location. Orchids need a bright but indirect light, as direct sunlight can harm their delicate leaves and flowers. They also prefer a warm and humid environment, so it's best to keep them in a well-ventilated area with a temperature between 60-80°F.

Orchids require good drainage, so choose a pot with drainage holes and use a well-draining potting mix. Watering should be done sparingly, as overwatering can lead to root rot. Instead, water orchids only when the potting mix is almost dry, and be sure to water thoroughly.

Fertilizing is important for healthy orchids. Use a balanced orchid fertilizer, and apply it every two weeks during the growing season. It's also important to repot orchids every two to three years, as they tend to outgrow their pots and need fresh potting mix.

Orchids are incredibly diverse, with thousands of different species and hybrids available. With a little care and patience, anyone can successfully grow orchids and enjoy their stunning beauty. 

Accounting

Accounting is the best profession among unlike most of the other professions. The word of account was derived from the French word. It was traced to ancient civilizations of thousands of years. Luca Pacioli was the father of accounting and bookkeeping in the past years. Accounting to the ancient Mesopotamia, they were closely related to developments in writing, counting and money auditing documents. We could be found in Mesopotamia,