Image As far as new business ideas go, an accountancy firm is a very attractive prospect. Firstly, financial help is something that people will always need, which provides a guaranteed audience. Secondly, even a small startup can potentially provide world-class service. Thirdly, and perhaps most tellingly, the financial rewards can be vast. The incentives for...
Tag: accounting
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Accounting For Small Business And Why It’s Important
Congratulations on the brave decision to start and run a small business! This is a step that is not taken by many for all the wrong reasons, but self-employment and self-management are undoubtedly where the future lies for anyone who is sufficiently knowledgeable, skilled, and motivated. Whether you envision long-term operation as a sole proprietor...
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5 Worst Accounting Scandals in History
It can be difficult to fathom how corporate empires can commit fraud on such a large scale. There are a variety of tricks that accountants can use to satisfy investors and keep analysts scratching their heads. While these companies are destined to fail at some point, in the majority of circumstances the damage has already...
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Different Kinds Of Accounting Services
For a small family-run business, outsourcing any aspect of the business management is often challenging both financially as well as addressing the issue of giving up some power and hands-on management of their love, their passion, their livelihood. But there are simply times when a business owner must recognize that they have limitations in their...
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All About Forensic Accounting
Accounting is the process of keeping up with financial accounts, i.e. keeping money in order. “Forensic” refers to something that can be used in a court of law. Therefore forensic accounting is used in investigation and court to procure evidence about finances for a case. What Types Of Cases Is Forensic Accounting Used For? The...
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4 of the Greatest Accounting Scandals of All Time
Accounting scandals involve misdeeds by trusted executives who are responsible for large sums of money. They come up with devious ways to misuse or misdirect funds, understate expenses and liabilities, overstate revenues, and the value of the assets. In no particular order, here are four of the greatest accounting scandals of all time. Bernard L....
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5 Simple Tips to Save Money and Be Healthier
Everyone desires to be healthier and save money. These five simple steps will allow anyone to make some easy changes to their lifestyle and improve their health and their financial status. Quit Smoking: Smoking is a huge financial drain on any budget. The price of cigarettes continues to increase. The smoker with a one-pack-a-day habit...