What does agency accounting do?

Accounting agency: Carry out corresponding accounting processing based on actual economic business, register account books based on vouchers, issue financial statements, make tax returns, etc.

Agency accounting refers to a social accounting service in which intermediaries such as accounting consulting, service agencies and other organizations that have been approved to engage in accounting agency accounting business accept the entrustment of independent accounting units to handle accounting, accounting, and reimbursement services on their behalf.

Activity.

The subject of agency accounting is an intermediary agency established with approval to engage in accounting agency business. This includes accounting firms, agency accounting companies and other intermediaries with agency accounting qualifications; the objects of agency accounting are those who do not have the qualifications to set up accounting agencies.

Institutions, or independent accounting units with full-time accounting personnel in relevant institutions, such as small economic organizations, individual industrial and commercial households that should establish accounts, etc. The content of agency accounting is mainly to handle accounting, accounting, reimbursement and other services on behalf of independent accounting units

; The nature of agency accounting is a social accounting service activity, which is a manifestation of the socialization and specialization of accounting work; the legal performance of agency accounting is to clarify and standardize both the entrusting and the trustee parties by signing an entrustment contract.

relationship of rights and obligations.

The necessity of bookkeeping. Whether a unit chooses "bookkeeping agency" depends on whether the unit is equipped with full-time accounting personnel. This should be decided independently by each unit based on the needs of its own accounting business.

Generally speaking, the size of the unit, the complexity of the economic business and financial revenue and expenditure, and the requirements for operation and management are the main factors that determine whether the unit is equipped with full-time accounting personnel.

Units with large scale, many economic businesses, large financial revenues and expenditures, and high requirements on operation and management should generally set up separate accounting agencies and be equipped with full-time accounting personnel in order to timely organize the unit's various economic activities and financial revenues and expenditures.

Accounting and implementation of effective accounting supervision to ensure the efficiency of accounting work and the quality of accounting information.