Aruandlise
Aruandlise is an Estonian word that translates to "accounting" or "auditing" in English. It refers to the process of recording, classifying, summarizing, and reporting financial transactions. In a business context, aruandlise is crucial for tracking income and expenses, managing cash flow, and ensuring compliance with financial regulations. It involves maintaining accurate financial records, preparing financial statements such as balance sheets and income statements, and often undergoing audits to verify the accuracy of these records.
The field of aruandlise encompasses various aspects of financial management. It includes bookkeeping, which is the