Everyday Accounting Blog
What Are Management Accounts? Could Your Business Benefit from Them?
Management accounts differ from a regular set of accounts in that they provide up-to-date financial data as and when you need it, rather than once a year in your annual accounts. Every limited company must file a set of accounts with companies house following the end of each financial year. This is a statutory requirement,…
Do I Need an Accountant? How They Can Save You Money
Many people view paying an accountant as just another outgoing, another necessity that is paid begrudgingly along with utility bills, tax, business rates and the like. This perception is fundamentally wrong as so much of an accountant’s role in small business accounting is geared towards saving businesses money. In most cases, a good accountant will…