Accounting records

Accounting records are key sources of and evidence used to prepare, verify and/or audit the s. They also include documentation to prove  ownership for creation of liabilities and proof of monetary and non monetary.

Accounting records can take on many forms and include (among other camps):
 * s
 * s
 * s and agreements
 * Verification statements
 * Transportation s
 * s
 * s
 * s

Accounting records can be in physical or electronic formats.

In some states, accounting bodies set rules on dealing with records from a presentation of financial statements or perspective. Rules vary in different countries and different industries have specific record-keeping requirements.

Accounting records are important for all types of accounting including, as well as for different types of organizations , partnerships, LLCs, and for not for profits or for profits.

United States
In the U.S., the IRS prescribes the duration for which the accounting records need to be maintained and provides records retention guidelines in Code Section 6001 and Publication 583. Some records such as CPAs' and auditors' statements are considered permanent records, while some such as a list of accounts payable and employment applications are generally only required to be kept for seven or three years respectively.

India
The companies in the soda ash industry in India are required to follow guidelines prescribed by the Institute of Cost and Works Accountants of India (ICWAI).