Accounting/Taxes/Finances is the nerve center of the checks and balances and cash flow that runs everything from what we buy to companies that manufacturers everything from pharmaceuticals to aircraft.
It includes the mechanisms that run countries from collecting taxes and monies to utilize in a massive budget that is designed to economically feed the infrastructure day-to-day. The processes are complex and require exceptional knowledge and understanding, especially in light that the regulations, laws and procedures are constantly changing. It is a matter of also using well-established methodologies, systems and procedures which address accounting and the methods of documenting and recording transactions, tracking costs, maintaining payrolls and monitoring the overall financial operations of what takes place. From individuals maintaining their own checkbook and ledger, to major corporations performing cost accounting and budgeting, all of them have a common denominator in methods of operation and the various tax laws that would apply to each and every person and company. The purpose of this section is to better understand how these procedures and protocols take place as well as the laws that regulate each individual operation. From regulatory bodies to our own tax laws, the fields of accounting, taxes and finances is a massive undertaking to learn, but more important how to apply them correctly. It is also important to understand it since it is the number one source prone to frauds and threats. There is no way to address the crimes of fraud without understanding the target it focuses on, that being accounting, taxes and finance.