
Accounting
Accounting in aviation refers to the process of recording, classifying, and summarizing financial transactions related to the operation of an aviation business. This includes the preparation of financial statements such as balance sheets, income statements, and cash flow statements. Aviation accounting also involves the management of accounts payable and receivable, payroll, and tax compliance. Accurate accounting is essential for aviation businesses to make informed financial decisions, monitor their financial health, and comply with regulatory requirements.
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