As a business owner, you’re constantly jugging a host of decisions. Is it time to move your business to a new location? Do you need to expand your staff? Is it time to increase your advertising budget? Is it time to add a new product or service to your business’ offerings? These are not easy decisions. Read more
Large businesses today increasingly require professionals who can bring together knowledge from multiple resources to address tactical business problems and help develop new business models. This fact provides new break-throughs for accounting professionals who can bring new value in a global, growing and free economy. Read more
Accountants are trying to help clients get taxes done properly and efficiently. They are not a threat.
Accountants will ask for information and clients should provide the information quickly to make the accountants work easier and also the clients bill smaller. Clients that put off accountants and do not keep accurate records will make a CPA work harder and this will make the bill larger. Read more
There is absolutely no doubt that business owners, especially those with small businesses should have a firm understanding of the basics of accountancy and bookkeeping. This is not to suggest of course, that they should be able to set themselves up as accountants in their own right, or indeed that they should be attempting to take the place that should rightly be filled by an accountant in their own business, but far too many business owners totally abdicate all responsibility for their business finances and hand it all over to their accountant, without the slightest idea what he will do with it.
This state of affairs is a very dangerous way to run a business of any size; a good business owner should be able to sit down with his accountant and discuss things, and understand what he is being told. Read more
Ok, for those small business owners out there who think you do not need an accountant because you have the latest version of Quicken or financial software, think again. For those few select business owners that actually are proficient in accounting and book keeping and are happy with your business the way it is… Read more
All businesses need to make sure that they have someone looking after their financial affairs, small businesses especially tend to depend on the help and advice of their accountant quite heavily, often using him as a sort of unofficial Finance Director, but when it comes to the sole contractor, often trading as a Limited Company without the support of a team of colleagues to turn to, the role of their accountant becomes even more vital. Read more
Choosing the right accountant to work with may be difficult, but is as important as choosing the right doctor or dentist. You need to make sure that you feel comfortable with the accountant, has your best interests in mind and of course, and that the accountant is credible and trust-worthy. First thing to consider in searching for an accountant, is to be clear on what your needs are.
In accounting, there are various fields that accountants have expertise on and knowing the exact accounting services and ensuring that the accountant you choose has these services available, is your initial step. Read more
Not all accountants are the same. There are many different reasons why you should choose an accountant that is right for your needs and will suit your specific requirements. These could include whether you’re a sole trader, a company or partnership or just an individual wanting to maximise your tax return for the year.
You could also find that some accountants specialise in certain areas. Read more
The profession of chartered accountancy is one the most secured, lucrative and never ending professions. The positive improvement in the worldwide globalization has brought a revolution in almost every industry and therefore, each and every industry is competing to expanding their quality and services. Many local and international companies dealing with various brands and products are starting up rapidly but there is one thing common in all of them i.e. Read more