taxation

Five ways to get more out of money

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Money stuffed in a sock or hidden under the mattress is idle money. Cash squandered on impulse purchases or lottery tickets is fantasy money, here today and gone tomorrow. Conversely, money made to work for you, now and in the future, is a productive and genuine asset. Here are five […]

Advantages of accrual based accounting

This entry was posted in Business and tagged accounting accruals business compliance corporation law money taxation on by

Accrual based accounting is the system of choice adopted by professionally qualified accountants to record the financial transactions of major corporations. It has so many advantages when compared with the alternative, cash based bookkeeping, that it should be favored by businesses of any size. Even if you are just starting […]