Bakhsh & Associates Inc. brings years of experience in the income tax preparation, accounting and bookkeeping profession. We give you the opportunity to spend your time taking care of your service delivery while we take care of your administration.
As the President of Bakhsh & Associates Inc., Andy Bakhsh ensures that his clients' needs are met on an accurate and timely basis. We are committed to providing quality services at affordable prices.
We offer Newmarket businesses and entrepreneurs a wide range of accounting services.
We proudly provide accounting services to these Newmarket & Toronto Businesses
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History of Accounting
Accountancy, or accounting, is the production of financial records about an organization. Accountancy generally produces financial statements that show in money terms the economic resources under the control of management; selecting information that is relevant and representing it faithfully. The principles of accountancy are applied to accounting, bookkeeping, and auditing.
Accounting is thousands of years old; the earliest accounting records, which date back more than 7,000 years, were found in Mesopotamia (Assyrians). The people of that time relied on primitive accounting methods to record the growth of crops and herds. Accounting evolved, improving over the years and advancing as business advanced.
Today, accounting is called "the language of business" because it is the vehicle for reporting financial information about a business entity to many different groups of people.