Why Should I Hire an Accountant For My Business?

A lot of businesses go through bankruptcy and liquidation due to their improper accounting practices. An accountant plays an important role in an organization since money management is one of their key roles in addition to keeping proper accounting records for each and every activity. Preparation and presentation of financial statements follows a number of …

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Achieve Success With the Help of Your Accountant

A recent survey has shown that 71% of small businesses are currently using the services of an outside accountant and 66% began using them during the start-up phase or within six months of establishing the organization. Larger companies often have in-house accountants; however, this is an expense that most small businesses cannot afford. Of course the …

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Why Should I Use A Dublin Accountant?

Wondering why you should use a Dublin-based accountant? Here are 10 excellent reasons why you should use a Dublin accountant for all of your business accounting needs: 1. An experienced and qualified accountant knows what he/she is doing and understands the accounting framework, concepts and principles which are essential to preparing your annual business accounts. 2. An accountant …

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9 Benefits of Online Accounting Software for Small Businesses

Most small business owners have a number of tasks on their plate each day in order to help the company stay successful. And I’d bet that accounting and bookkeeping is nowhere near the top of this list in terms of enjoyment factor. A solution that many small businesses are starting to use is online accounting software, …

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4 Reasons Why Online Accounting is Different to Desktop Accounting

If you already use accounting software on a desktop PC you’re probably wondering what makes online accounting software so different.   Online vs On Your Desk  The biggest difference between desktop software and online software is where the software is located. Desktop software runs on your desktop or laptop computer (no surprises there). Online software …

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Understanding the Importance of Statutory Audits

Due to the increases in the audit exemption thresholds over the years, many companies may not have had a statutory audit for some time, if ever. However, it may be worth considering whether an audit would be of benefit to your business. The process can provide valuable feedback on the effectiveness of your company’s internal …

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What is Internal Audit?

What is internal audit? The role of internal audit is to provide independent assurance that an organisation’s risk management, governance and internal control processes are operating effectively. What do internal auditors do? Internal auditors have a professional duty to provide an unbiased and objective view. They must be independent from the operations they evaluate and …

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4 Tax Tips for Beginners Filing on Their Own

Whether you’ve landed your first part-time job school or made your first career move after college, odds are that you haven’t taken a class on how to file your taxes. It’s something everyone is not only expected, but required to do; however, we’re not often sat down and taught the basics. If you’re feeling confused and …

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Accounting Tips For Business Managers

Business managers should get the most out of their accounting information — to know how the business is doing and how to do better, and whether or not it is on the verge of serious cash flow and financial problems. You wouldn’t pilot a plane without knowing how to read the flight map. A business …

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Accounting Tips for Small Business Startups

Accounting is by far, one of the most important aspects of starting and operating a successful business. It’s so easy to get caught up in the glamorous tasks of designing a business card or choosing a business name, yet without a solid understanding of the numbers, you will not survive. The streets of entrepreneurship are littered …

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