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Showing posts from May, 2024

How Do I Choose the Right Tax Accountant for My Birmingham-Based Startup?

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Are you planning to scale your business or want to start one? Starting a new business can be an exciting journey but it's filled with challenges and obstacles that might hinder your spirit. Particularly while managing your finances and ensuring taxation. At such times, a competent chartered accountant can be your savior in helping you manage your invaluable assets while maximizing profits. He/ she will ensure that all taxes are filed on time with compliance to all rules and regulations. In this blog, we will learn how you can hire a good chartered accountant in Birmingham to manage your invaluable assets for your budding business needs.   Factors to consider while choosing the chartered accountant   Know your requirements - First and foremost, you need to understand your company's needs and requirements to find the right chartered accountant. Whether you are looking for someone to manage your finances or one that can give your starthoc advice as well? Proper research ...

The Evolution of Financial Reporting: Insights from Accountants in Shirley

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Financial reporting is done in every business and organization. As the name suggests its all about keeping official records of expenses, expenditure accurately for using it determine the company financial statistics. This is usually done quarterly or once in a year. With advancement in technologies, preparing such documents is now an easy and simple task. Financial records analysis has undergone several changes over the years. From regulatory requirements, digital tools and business needs, these records are prepared by accountants in Shirley . In this blog, we will look at some of the changes these records have gone through and how they have improved so much over years. And are these new practices good for financial management or not?   The evolution of financial reporting   ●        From Paper to Pixels   First few changes in the financial world is that it slowly adapted to the digital world. From keeping records in paper and da...