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Articles in Home | Business-offline | Accounting


  • Accountancy: How CPAs Can Help You  By : Daniel J Austin
    A Certified Public Accountant, or CPA, can help you make sure that your small business accounting or individual taxes are accurate and complete. Some businesses are small enough, such as home based businesses, that a Certified Public Accountant is not needed for most accounting tasks. However, there are times when a business or individual should use a Certified Public Accountant.
  • UK Self employed Accounting Software and Self Assessment Tax Returns  By : Terry Cartwright
    Accounting Software for the self employed businessman in the UK does not have to be complex. There are different requirements to double entry bookkeeping that anyone self employed may fulfil and Accounting Software available to satisfy those requirements. The most important requirement of any Accounting Software purchased by a self employed businessman being the automated production of the Self Assessment tax return.
  • Companies House - How to beat Company Identity Theft  By : Phil Smith
    The recent increase in media interest in personal identity theft has provided a reminder that company identity theft at Companies House is still a major problem for UK limited companies. These companies are being encouraged to proactively take action to deal with company filing fraud at Companies House.
  • In Praise of Off Shore Merchant Accounts  By : Trevor Tootle
    Among the numerous smart and legal business accounting practices through which you can make the most of your money one of the best options is opening an off shore merchant account. Opening an off shore merchant account is the right choice for your credit card processing needs. These types of accounts are legal and save you money. Plus, their service is as good, if not better than the service you get on shore.
  • Police involved in Companies House filing fraud  By : Phil Smith
    The Metropolitan Police in the UK are investigating a false set of company accounts filed at Companies House. The investigation is proceeding on the basis that the filing may have been intended to deliberately damage the victim business.
  • Accounting Sucks  By : Frank Hague
    Want to become an Accountant? Yuck!

    My reason to become an accountant was that I saw it as a way to get free education while getting paid.

    When I got my undergraduate degree I figured that I could rest on my laurels and the world would beat a path to my door offering me fantastic jobs.

    In actual fact the only job offers I got was as an insurance salesman on commission, as a salesman selling paper towels and as an articling student for one of the big eight accounting ...
  • Understanding Financial Statements: The Balance Sheet  By : Adrian Lawrence
    The balance sheet is important to business operations in general. It provides a snapshot of what the company owns and what they owe to outside sources. The balance sheet is also known as a profit and loss account. By either name, this special form of financial statement provides great insight into an organization’s holdings.

    Breaking Down the Balance Sheet

    To clarify, a balance sheet shows how much money the organization has, how much property they own, and most import...
  • Why Financial Statements Are Important: A Beginner's Guide  By : Adrian Lawrence
    Accounting is considered to be one of those complicated yet necessary chores that keep people's financial affairs relatively clean. For the beginner who is just getting started, the process may not be the first obstacle. Often, it is understanding the special language used by accountants and those that work around them. In other words, one must wade through the jargon in order to understand what's going on. The first step in gaining understanding of accounting is to break con...
  • How Invoice Discounting Helps Your Business' Cash Flow  By : Henry Byers
    Invoice discounting helps to identify trade-financing deal that is right for you. It does not require any security and offers lower rates as compared to a loan or an overdraft. Since an external agency takes care of the total transaction it reduces the administration, book keeping costs and the most important benefit of the total deal is that the business owner does not need to chase the debtors. This helps the small or any medium business owner to concentrate more on the bus...
  • How To Choose The Right Accountant  By : Gray Rollins
    An accountant is a professional who keeps track of the financial records of a business or an individual. There are a number of individuals and businesses who use the services of an accountant all year round. There are other individuals who only hire an accountant to help get all of their finances in order before their tax returns are due. There are millions of accountants located all around the world. With many cities and towns having at least ten professional accountants it ...
  • Advantages And Disadvantages Of Using Tax Software  By : Gray Rollins
    Each year millions of Americans have their taxes prepared by a professional tax preparer. Having tax returned professionally prepared reduces the likelihood of errors being reported on a tax return; however, professional tax preparation is often expensive. For this reason there are a large number of individuals who are making the decision to file their own federal and state tax returns. While it is possible to file tax returns the traditional way with paper tax forms there ar...


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