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CONCLUSION

In conclusion, applying the accounting concept in the business is essential as it provides quantitative information to the overview of the business performance. Accounting is a service activity. Keeping our accounting records clean and up to date is very important in making sure our business relevant in today's business environment that is much more complex and dynamic. Proper accounting gives more benefits to the business as it helps in evaluating the performance of a business, helps businesses to be statutory compliant, build business goal setting, and helps to manage and monitor cash flow. To manage a business smoothly in daily business activities accounting is a must as it can help in its future growth of the business. So, The Real need to apply an accounting system in our managing of the business. Other than that, to sustain in a very highly competitive marketing world, The Real Sdn. Bhd. should continue to keep revising its vision and mission. In my opinion, the owners need to find and appoints someone who has qualifications, knowledge, and skills in helping him applying the accounting system properly in the management of the business to ensure that The Real has a good management and finance system. This will give not only short-term benefits but also long-term benefits to The Real to run smoothly for a long time. Besides, the business needs to boost more revenues by increasing its non-operating transactions. Last but not least, the owners also need to do various promotion activities so that the business lasted for a long time....