{"id":34,"date":"2010-10-25T22:18:08","date_gmt":"2010-10-26T06:18:08","guid":{"rendered":"https:\/\/blogs.ubc.ca\/stephaniefan\/?p=34"},"modified":"2010-10-25T22:18:08","modified_gmt":"2010-10-26T06:18:08","slug":"numbers","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/stephaniefan\/2010\/10\/25\/numbers\/","title":{"rendered":"&#8220;NUMB&#8221;ers"},"content":{"rendered":"<p style=\"text-align: center;\"><a href=\"https:\/\/blogs.ubc.ca\/stephaniefan\/files\/2010\/10\/numbers.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-35\" title=\"numbers\" src=\"https:\/\/blogs.ubc.ca\/stephaniefan\/files\/2010\/10\/numbers-286x300.jpg\" alt=\"\" width=\"239\" height=\"251\" srcset=\"https:\/\/blogs.ubc.ca\/stephaniefan\/files\/2010\/10\/numbers-286x300.jpg 286w, https:\/\/blogs.ubc.ca\/stephaniefan\/files\/2010\/10\/numbers.jpg 478w\" sizes=\"auto, (max-width: 239px) 100vw, 239px\" \/><\/a><\/p>\n<p>Most people would not list mathematics as their top, favourite subject however it plays a crucial role in the business world.\u00a0 In a business, both the <em><strong>marketing and the accounting sectors are interconnected<\/strong><\/em>.\u00a0 Marketing is vital as they need to develop a plan of how to promote a certain product or service however they depend on the Accounting department to provide numbers and budgets as to outline the restrictions for the implementation.\u00a0 One without the other will not function.<\/p>\n<p>Now, focusing on the Accounting sector, there are two separate branches: <em>Financial Accounting, Management Accounting<\/em>.\u00a0 Financial Accounting is more based on recording the past while Management Accounting focuses on the internal process of the company and is produced for managers.<\/p>\n<p>Certain businesses, especially when they have just started, do not realize the importance of accounting and that it could be very beneficial to seek professional advice from certified Accountants.\u00a0 Mario Costa, a partner in Shpak &amp; Co., would agree that although accounting software is readily available, &#8220;[they are] not going to tell you, \u2018Oh you have a problem over here.\u2019 It just processes the numbers&#8221;.<\/p>\n<p>Another excellent example would be Andrew Wasson, the owner of Creative Guitar Studio.\u00a0 Mr. Wasson admits to using accounting software however he does pay occasional visits to his accountant for the past 18 years which shows to be very effective as his business has started to expand internationally.\u00a0 Thus, although I would agree that I am no fan of numbers, they are definitely a very useful tool in the business world.<\/p>\n<p>http:\/\/www.theglobeandmail.com\/report-on-business\/your-business\/business-categories\/financial-management\/a-crunch-too-far-when-to-call-an-accountant\/article1769391\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most people would not list mathematics as their top, favourite subject however it plays a crucial role in the business world.\u00a0 In a business, both the marketing and the accounting sectors are interconnected.\u00a0 Marketing is vital as they need to develop a plan of how to promote a certain product or service however they depend [&hellip;]<\/p>\n","protected":false},"author":2838,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/stephaniefan\/wp-json\/wp\/v2\/posts\/34","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/stephaniefan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/stephaniefan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/stephaniefan\/wp-json\/wp\/v2\/users\/2838"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/stephaniefan\/wp-json\/wp\/v2\/comments?post=34"}],"version-history":[{"count":2,"href":"https:\/\/blogs.ubc.ca\/stephaniefan\/wp-json\/wp\/v2\/posts\/34\/revisions"}],"predecessor-version":[{"id":37,"href":"https:\/\/blogs.ubc.ca\/stephaniefan\/wp-json\/wp\/v2\/posts\/34\/revisions\/37"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/stephaniefan\/wp-json\/wp\/v2\/media?parent=34"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/stephaniefan\/wp-json\/wp\/v2\/categories?post=34"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/stephaniefan\/wp-json\/wp\/v2\/tags?post=34"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}