WHY NOT KEEPING YOUR BOOKS UP TO DATE CAN MAKE YOUR RECRUITMENT AGENCY GO BUST!

Stacks of paper piled up

Recruitment directors are often not financial experts as their skills lie in securing placements, registering candidates and growing their agency via sales. As business owners and directors you need to invest time into ensuring that you understand your responsibilities and stay on top of your financial data to avoid HMRC fines and investigations, and why…

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ARE ACCOUNTANTS BECOMING LAZY BY GETTING CLIENTS TO COMPLETE THEIR OWN BOOKKEEPING?

Man sleeping on his laptop

In the age of rapid advancements within online accounting software such as Sage One, Xero and QuickBooks, to streamline and simplify accounting processes, there has been an increased drive from accountants for companies to do their own bookkeeping and accounting submissions. This will involve an accountant setting up a licence and providing some limited training…

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DO YOU KNOW HOW TO READ YOUR OWN COMPANY ACCOUNTS?

How to read your company accounts

Think about that question for a second…do you know how to read your own company accounts? Any company, limited or LLP, that is registered at Companies House, must present a set of company accounts each year within 9 months of their year-end. These accounts tell the story of the year gone by and the financial stability…

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