Nobody likes administration expenses.  And if your organization owns a building, the same thing goes for repair and maintenance cost. ...

The government recently announced that self-employed workers can apply for a support scheme worth 80% of their average monthly profits.The aid has been put ...

Introduction of Cost and Managerial Accounting Cost and managerial accounting are two interconnected branches of accounting that play a pivotal ...

The Financial Crimes Enforcement Network (FinCEN) wants to know who’s pulling the strings at companies operating in the U.S. As a result, they’ve ...

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At any size and level of growth, long-term financial strategy and day-to-day financial monitoring are vital to the health of a business. Failure to conduct ...

Being a sole proprietor is a rewarding, but challenging, journey. Many sole proprietors view managing finances as one of the most challenging tasks. But ...

What is cash flow analysis? Cash flow analysis reviews a company’s inflow and outflow of cash, assessing its ability to maintain adequate cash for ...

What’s the first thing that comes to mind when you hear the word ‘bookkeeper’? We’d imagine a typical spectacled man with papers and a calculator in hand ...

How much time do YOU spend doing financial reporting?  For many organizations, the simple answer is “too much”.  As a consultant, much of my time is spent ...

Following the huge economic impact of COVID-19, the government issued a new Job Retention scheme to minimise redundancies.However, as the scheme is so new ...

Accounting and bookkeeping are important functions for any company. However, not every business has the resources to hire its own internal staff to handle ...