A trained accountant keeps an eye on the budgets

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Once the investment bank agrees to begin the process, they eventually give the company money in exchange for a percentage of ownership of the business. This percentage of ownership is then divided into equal parts (called shares). These shares are then priced based on the amount of money that was given the company plus a premium and fees and then re sold to the general public (eventually) in an initial public offering.

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Accounting is needed by every business to monitor the overall wealth, profitability, and liquidity. Without proper accounting services, organizations will find it difficult to trace the daily and long term decisions. A trained accountant keeps an eye on the budgets, profit reinvestment, and take wise decisions for company growth and expansion.

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