Why Should I Develop a Business Plan?

A businesses daily activities are likely to be unorganized compared to other businesses implementing a well thought out business plan. If you are still on the fence regarding why you should develop a business plan, the following 3 points should help you decide. Business plans help with; Mapping out the future Managing cash flows Developing and communicating …

Read More

Managing Cash Flows

Making sure more money comes in than goes out each month can be baffling for new businesses owners. The good news is there are solutions to make life easier, such as outsourcing some of the burden to an accountant or using cloud-based accounting software. Rather than completely isolating yourself from these responsibilities, you should grasp the basics …

Read More

Types of Accountants

An Accountant is skilled in keeping accounts and books of accounts correctly and properly. There are many different types of accountants. These include: Auditors Forensic accountants Public accountants Tax professional Financial advisor Consultants Auditing is the study of records and reports of an enterprise by accounting specialists. Auditors help to ensure firms efficiency by keeping public …

Read More

Creating a Balance Sheet – 5 Simple Steps

A balance sheet is an essential way to evaluate a business’ financial health, and can be calculated every month, quarter or half-year to create a snapshot of a company’s net worth. Creating an annual balance sheet will help you to Evaluate the equilibrium between your company’s assets against its liabilities. Determine the overall financial strength and value of …

Read More

Why Should I Choose An Accounting Degree?

Accounting can offer a rare combination of stability, prestige, money, and excitement. Modern-day accountants are business-savvy individuals who are effective communicators and heavy users of technology. An accountant’s job is more than keeping the financial books of a company or individual in order. They are the custodians of a business’s or public entity’s overall financial …

Read More

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 …

Read More

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 …

Read More

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 …

Read More

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, …

Read More

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 …

Read More