General / April 9th 2021

Accounting and Covid 19

Whilst the effects of Covid 19 have had a mixed impact on business, businesses need to be aware that Covid 19 is going to have a bearing on our accounts for some years to come.  Areas that that companies will need to consider are: Asset impairm

Xero is fast becoming one of the most popular cloud accounting solutions on the market. Standout features, such as real-time reporting and unlimited users, have seen subscriptions swell to more than two million worldwide. But the real genius of Xero

Many of us dream about giving up the nine-to-five and striking out on our own. But it’s a sad fact that more than half of new businesses fold within the first three years. Some of the biggest stumbling blocks are poor planning, lack of capital and

With all of us living longer, healthier lives, it’s more important than ever to ensure we have a generous pension pot when we retire. If you’re lucky enough to be enrolled in a final salary pension scheme, most of your retirement planning is done

Cloud technology is transforming the way we do business. In the past few years, companies across the globe have been switching to cloud computing as a way to reduce costs and improve key business processes. A real game changer was cloud accounting so

Over the years there have been numerous high-profile frauds perpetrated by management across the world. Those infamous ones in the UK are: BCCI; Barings; and Equitable Life. Wirecard’s recent failure in Germany has highlighted once again: what is t

Delapidation provisions are the liabilities to put back a property at the end of the lease into the same condition it was when you commenced the lease.  Therefore, any change in the condition of a property during the lease my creates a liability. 

Britain has long been recognised as a world-leader in science and technology, and some of the biggest breakthroughs of the past 50 years have their roots here in the UK. Major advances, such as the jet engine, DNA profiling and the World Wide Web hav

Coronavirus: The Latest Government Support & Advice for UK Businesses Coronavirus (Covid-19) is sweeping the globe, causing countless deaths and impeding the day-to-day lives of millions of people. Along with the devastating human cost, the pand

I am asked this question every week. The answer is not so simple since the term “audit” is often used generically to mean a number of things. Do you mean: Prepare accounts; or Have the independent accountant carry out a review and deliver a