Month-end closing: tips & tools for more efficiency
Tackle month-end closing in a snap: 5 helpful tips and tools for optimization – get informed and benefit now!
Consolidation of financial statements explained
This article offers a comprehensive explanation of the consolidation of financial statements, its necessary components and the process involved.
Cash outflow: Meaning, types, calculation, and best practices
This article discusses cash outflow’s definition, its types, calculation formula, management challenges, and optimisation strategies.
Companies House reforms: What’s changing and how to help your clients
Incoming Companies House reforms will create multiple challenges for your small business clients, and could even persuade some to disincorporate. But that gives your accountancy practice an opportunity to further build stronger relationships with your business clients and guide them through the changes. The new requirements are part of the Economic Crime and Corporate Transparency […]
3 ways accountants can use AI to free up time for client work
Generative artificial intelligence (AI) tools such as ChatGPT or DALL-E are still no match compared to humans when it comes to accounting. Achieving only a 47.4% in its accounting exams, it seems ChatGPT won’t be popping the prosecco after an offer from the Big 4 any time soon. That doesn’t mean AI is a write-off […]
Postponed VAT accounting: How it works for businesses importing goods into the UK
Since 1 January 2021, businesses registered for VAT that import goods into the UK from anywhere in the world can use a new system called postponed VAT. This lets them account for the VAT on their VAT Return, rather than paying it immediately (e.g. at the port of entry). A UK-European Union (EU) trade deal […]
This $35 Business Accounting Bundle Could Help You Prepare for Tax Season
Learn the basics of business accounting in time for tax season.
Want to Get the Best Tax Refund This Year? This Bundle Can Help.
Maximize your tax refund with these courses.
How AI Is Transforming the Accounting Industry — and What the Future Will Look Like
It’s time to harness the power of AI and transform bookkeeping.
Aspiring Entrepreneur? Here’s the Lucrative, Accessible Online Career You Need to Explore.
Starting a business or side hustle in this unexpected industry can unlock financial and location freedom. Here’s what you need to know.