... other businesses in terms of money value per unit(s) related to the quantity that allocated. * Recording and storing all the business transactions in which we partake into our vast data base system. * Communicating and corresponding the dealings of our business into financial statements for the profit and loss account and balance sheet. Drury (2003:4) describes accounting as 'a language that communicates financial non-financial information to people who have an interest in an organisation - managers, shareholders and potential investors, employees, creditors and the government.' Financial Accounting As an organisation we have been expanding and our financial accounting sector is processing a greater quantity of information. This deals with recognising, measuring and recording our business transactions over a yearly period and interpreting them as financial statements like the profit and loss account and balance sheet. This is all conducted in a regulatory frame work for our owners and for all external parties ...

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