In Record Keeping, Part 1, we discussed the general rules and framework why businesses must keep and maintain complete and up to date records.
Record keeping is the ugly little duckling among business activities. No one likes it. But without good business records, no business is able to succeed. And that apart from the fact that bad records make the tax man unhappy, which is definitely not desirable because it can lead to fines, penalties and tax investigation.
From a business perspective, good records make it possible to
Are you happy with your accountancy services?
In other words, is your accountant indispensible for your business? Do they understand and proactively support you in reaching your business goals? Or do they just deliver your accounts at year-end for you to sign off? These questions in a nutshell, show you what a proactive accountant should do for you. Anything else and you should start thinking about changing accountants.
Of course, it goes without saying that you wouldn’t change your accountant
Welcome to our new website which has been redesigned to bring quality that delivers the best interest of our valued clients. In business, time is precious and has value, because we felt “value delayed is opportunity denied and bottom line distorted”. That is why we have decided to bring you the joy of seamless browsing, coupled with valuable tools and information that help you run your business better.