Accounting

Do you know what the difference between bookkeeping and accounting is, or if there’s any difference at all?  If you don’t, you’re not alone.

Do you truly understand what your Balance Sheet tells about your business? Your Balance Sheet is one of the most important financial reports that measures the health of your company and helps you make some crucial business decisions.......

Once your company starts growing, it’s best not to try and manage the accounts yourself as you will be spending your time doing something you’re not trained to do and isn’t revenue-generating. 

If you’re one of the many UK taxpayers in regular employment you probably don’t need to worry about completing an annual Self-Assessment Tax Return.  Your income tax will be automatically deducted each pay day, together with National......

Cash-flow forecasting is something that every business should have at all times and not just during a crisis. Though, a major crisis, such as a market disruption or a global health pandemic is when a cash-flow forecast is needed the......

Fraud is a significant risk for businesses of all sizes and sectors. It’s not just something you hear in the news about a large corporation - it could be happening right under your nose in your small family business. You wouldn’t expect......

What's right for your business - a Bookkeeper or an Accountant - or both?  And how do they differ?If you're not sure, then this explanation should help you understand the differences between the two functions.